The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1846-08-15

DtlNs
sjble form of duty; and il has been every
Where, as far ms possible, avoided, either by
u home valuation or by n specific duies. ii
is difficult to see any object to I've secured BY
this new and exclusive All ygioreDl duty sys-
TEN, unless il EXPRESS "A sort of settled maIig-
nifty TO home production. Ii is certain that ad
valorem duties are utterly nj war with any
possible protection for when The foreign price
Is high, and the home producer needs no dll-
~ for his nrotecrion. is then oul, thpt the
dutvwilI be lirh and when tine foreign price
is so low ms that the home producer actually
needs protection, il is then TINT the dutv falls
TO almost nothing: and when the mporta-
ton is largest both the duties aud revenue
are least. ..
On wool the present duty, on such wool
as is produced by our wool growers. is 30 per
cent, and Il specific duty OF three cents per
mound but coarse wool, costing abroad not
over seven cents per pound, has on il no spe-
cific rluty by the pomd. hut only nm ad vnlo-
rem duty Olive Der cent. Now il is much
insisted thnt by fraud. much fine wool is i'll
trcduoed uuder this ad valorem du,y of five
! per cent. Let the present law be fairly con-
strued and fully executed. and the complaint
would ceuse: and although they make this
complaint ofthe present tnriff yet no mea-
sure is pronosed TO correct il hyn specific
/ dut,, on thr nound. but an tho contr,r,, II IL
! hv his hin nronosed ia ,ct,nIIy take off th,
,I'ro,, co,,ts y Ind snocif, J,Ir, ,,,I,I, Geo
,,o,,, l,o,o 20 ,,,t ni, upooi -, an!,'d ,nIoro,,
Inn, NJ thi,.t,. MOI, gont onJ 50 80 suh-
! ieci forn;gn wool Of mi Gnali,;cs IN he I'M
nortcd under fraudulent ;nyoices nj norni-
| nal duty. and that duty placed above the duty
of most manufactured woollen articles, and
so distinctly discriminating against the lat
! Ter. Besides. sir. we have already tried
/
In December. 1871, the duty on wool aud
woolIens. under the compromise net. came
down 10 % per cent. and il stopped the
hum of every woollen factory in New En-
GLAND, but one or two who were running out
their stock Ofthc clip ofwool OF June. 1912
scnrceIv n mound was sold i'm this country
until nfter the passage OF the tariff of August
ISl0 which went iuIo oueraIiop. and herup
ia uroducc its effect in the winter of ISl2-'3
fl reuuires but a short memory to REGAL the
scenes of 1912. We do not wish them re-
peated.
Such are the uripciuIes and slch il the
bill ernauatinr theretrom. that the dominant
party now propo,e for the country.
In considering measure of general policy,
riyinr direction to the emplovments, capital,
and enterprise of the people of the nation,
and intended permanently to shape our des-
tiuics as IA people. it becomes us to consider
il in three aspects. LIST, to consider our eX-
isting condition, and ascertain whether too
great sacrifices must not he made To effect the
great change I'd, 10 look at HE condition OF
other nations, and our relationship TO them,
and inquire whnt will probably be the con
sentences Of the chaC-c in regard to our ma
tinuaI condition. I'd to consider whether
the proposed policy will be best for ms. even
if other nations were willing to ADOPT the
same policy. and even if there were no great
individual sacrifices TO he made in introdl,c- \
ing the change ]
l. First then, having shown that the whole !
plan is utterly Inconsistent with the idea of I
domestic n,unuf;,ctures and the ,loctrine of /
PROTECTION which has urod,,ced ,heu il fol- |
lows. MS a matter orcourse tbot most of'those
enenrcd in such p,,rs,Iits must chnnge 1heirI
ernploymeuts md mos, of the cnpitnl invest |
ed IN "Reminiscences and ,,.,s n,ust ha lost ar
very greatly md ,,,ino,,s,v do,cr,oroted Tho 1
number of 'uconIr with ihoir families. nnyv
amounts, probably. TO 100000. If nny lacto- |
rics are operated. it must be hv putting the I
operatiyes on reduced nav. How hollow and |
insiucere nrst he those nreteusions of friend
shin IN tho nonr which nursues nolicv no
cessnriy leading 10 such a result. Can it be |
supposed that this sacrifice of capital can be |
endured, and these people compelled 10 I
change their emplovmcnts, trades and pro-
LESSONS, the home market destroyed, and the
whole frame work of society he rernodeled |
and no shock or CONFUSION follow? Can all
this be as quietly and easily effected as the
Secretary can flourish his pen, in writing his
Utopinn snecuIatious and POLITICAL transcen-
doniaIisn. in his closet? The present law
is tariff for revenue. discriminating for pro-
lection, and it produces both effects and un-
derit general prosperity prevails. have
not time TO 30 into particulars, but will saw,