Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1846-08-06

until after the passage of the tariff of August
1872 which went into operation. and began to pro.
duce its effect in the winter of 1929 Ii requires
but short memory TO recall the scenes of 1910
We do not wish them repeated.
Such are the principles, and such is the bill en-
anOting thererom, that the dominant party now
propose for the county.
In considering a measure of general policy, riv
ing direction to the employments capital and en-
terprse of the people of the nation, and intended
permanently to shape our destinies as a people. it
becomes us to consider it in three aspects. Firsi,
10 consider our existing condition, and ascertain
whether too great sacrifices must not be made to
elect the great change. Second, to look at the
condition Of other nations and our relationship to
Them and inquire what will probably be the conse-
quegces Of The change in regard to orr national
condition. Third TO consider whether tho nronos
ed policy will be best for us, even if other nations
were willing TO adopt the same policy, and even if
there were no great individual sacrifices TO be made
in introducing the change
J. First Them hayinr shown that The wbole nlnn
is utterly inconsistent with the idea of domestic
manufactures and the doctrine of protection Which
has produced them, it follows, as matter of course
that most Of those engaged in such pursuits must
chaupe their emnovmnnts md most of tho coni
IL :o9.-.,-I r r' - ' " ~ N"P'
'al lNeS'eu I'D Wahu dctures ana arts must be lost,
or very greatly and ruinously deterorated. The
number OF that people, with their families now
amounts probably, to SOOUOO. II any factories
are operated, 1t must be by putting the operatives
on reduced pay. low hollow and insincere must
be those prelenslons OF friendship 10 the poor,
which pursues policy necessarily LEADING TO such
result. Can it be supposed that this sacrifice of
capital can be endured, and these people compelled
TO change their empoyments, trades ard profess
sOns the home market destroyed and the whole
frame work Of society be remodelled, and no shock
or CONFUSION follow? Can all this he as quietly
and easily effected as the Secretary can flourish
he l.
lltlcal irancendentasm, in his closet The pres
ent law is tariff for revenue, discriminating for
protection, and it produces both effects and under
1t general prosperity prevails. | have not time
TO desc end to PARTICULARS but will say in the dis
itch of the old English ballad
"Merry goes the mill cack the shuttle and the plough.
And the honest thrive by the of his brow"
Let us now inquire what are the pretended
grounds of complaint of the existing tariff, calling
for this change and here would remark. if they
we're really true, as they are not, they would only
call for an amendment, instead of total destruction,
as is now proposed But what are the matters of
complaint? Burns says, with as much truth as
poetry
"For human bodies are such fools,
- For at. at their colleges &c, and schools,
Ibe w"o MAKE gV ,nogb beneiyc csI o WOW tbo
srcb ia tho po,,re of tho ;,Is which tho ono.
MOS NJ the tariff of 1919 find with thnt measure
They are all the creations of their own snecnla-
tions: vet to them attention shall now be plven.
1t is bv them insisted that all duties add lust that
amount to the PRICE not only of the imported article
but also the same amount 10 Tho same kind of article
,chen produced here This DENY 1t is mere assupp-
ton, without proof All the argument by which il
is attempted to be supported is theory Gentlemen
saw it omght 10 be so aud the philosophy of the mat
ter required 1t so to be, and there the matter ended
Is this nation in matter of this mportance nvol
ving its nernanent well heinz IN Gollow n u,are
theory not only nnsunnor,ed bv fact bnt n,,orly
poainst all the facts in the case2 If The home
nroduction and SUNNY is sufficient for tho homo
demand of apy article. the dutv on that article
when imported in no wav enhances the nrce If
the article This is eouaIlv truc, whether HAT mi
home supply is natural and ordinary mr. is the re.
suit of course of protective policv. We have a
duty of twenty-five cents per bus6el on imported
wheat viii any man pretend to saw that adds
twenty five cents to each bushel of wheat produc-
ed and sold in this country? It does not add to il
single cent | grant when we are dependent on
importation for the supply of any article, the duty
adds to the price, but not always the whole amount
of the duty that defends again on the law of de-
mand and supply; but. whenever there IS here pro.
duced a full supny, the duty ADDS nothing TO the
Drice Verv heavy duties are nv tbe minimum
nriuciple imposed on coarse cottons but thew are
not now imported. there beinp n full home sTnnlv
and they are frequently sold at less than the duiy
would be if imported The same NAV be SAID of
nails, glass, and many other articles on which is
protective specific duty, which. when first imposed.
was perhaps equal to IS per cent but which has
produced home competition nd home SUNNY. mill
the whole price of the artic. is reduced below the
specific duty. and the Importation of il has ceased
and no man pays duty on it IN apv form. In such
case it is now said, the duty is over 100 per cent
but one pays it, or is injured, and the lower the
article goes the higher the rate of duty will be.
But some gentlemen say, that though it may not
be true that the duty adds much to the price of
the home produced article, Though the Secretoy's
report assumes that ground and is all founded on
that princpe,l yet it true, that If an article still
continues to be imported in any part, and the coun-
try is not wholly and exclusively supplied by home
production, then the duty is added to the price of
both. This, | insist is unfounded. | will call at
tentlon to some articles which have on them high
protective duties, and Of which this country produ-
ces full supply and a surplus, and vet Of which