The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-02-25

ACT OF Great Britain. Tho average of the bill proposed
oy Mr. WALKER is fraction short Of twenty per cent
ms makes IT strictly revenue tariff and should any
alterations hereafter be required increase of duty
necessary to produce arevenue to meet any
nary expenditures of the government il would be but
Jus and fair that duty should be put upon tea and
ss Tnere may DO many objections to this STEP and
are aware thar very powerful opposition would array
Itself against such movement but II might be well at
TINS time to look into this question: and see what are
the objections which might be raised to the en-
iorcement OF duty upon these articles They are
IN inc nrst place considered necessaries Of life to
Tue middle and higher classes, and luxuriesto the
ower classes and therefore, any increase in price would
ial heavily upon those who have no other luxury
us beverage, but this, and who would be deprived
Of II oy the slightest advance in cost. This would
90 strong argument against placing duty upon
'nese ARTICLES provided small duty had the effect
stated. duty Of twelve and half per cent on coffee
per cent on tea, would not advances the price
" e'ner article fraction It would reduce the cost at
ae place ofgrowh in proportiont the duty levied and
.ne consumers in this country would not be compelled
oPey afarthing more for the article than they do
NV, from the enforcement Of duty. Other causes
which, from time to time, advance and depress prices
would continue to have their usual influence and prices
Of course would continue to Aucsuats
Should tho holders of the supply OF tea and coffee on
hand when any duty these articles went into opara
uon advance prices in proportion to that DUTY here
might be partial suspension of consumption. which
which would be felt at by Che producers, and the
evii remediei at once by reduction in the first cost
The producers would naturally enough argue that if the
duy upon these articles the price to the
mer and reduced the consumption II becomes would me-
cessary for them to make the first reduction to keep up
me demand All these things regulate themselves The
advocates OF reduction in the present tariff attribute
every advance in the price any article upon which the
duty is high to that duty and on the other hand the
friends Of the present tariff argue that high duty is me-
cesary to keep out foreign manufactures The two
ues are equally wide of the mark They are both right
ana Doth wrong to certain extent The establishment
VI hmaA outy upon any article, the consumption of
winch iarge does not general thing increase the
Pncs. Ihere are other reasons why duty should be
paced upon tea and coffee besides those given We i'm
port iamense quantities of tea from China and coas
oH Brazil and export to these countries very few Of
OAR own products and manufactures We now admit.
and have for several years past admitted the staples Of
csesth countries into our ports more favor
taah my other nation without receiving equal facili.
ues the admission our products from them The 60
Ssrnmenf OF Brazil enforce heavy duty upon imports
United States and place upon the footing
as Great Britain, although Great Britain places heavy
upon coffee and other products Of Brazil entering
ner ports There Is no reciprocity the part of Brazil
in the trade with us and We would be usti
ned IN laying duty upon coffee imported from that
country particularly il may be necessary fer revc
nue. The same arguments will apply in our trade with
Shina making tea proper article to raise revenue
from duty upon these articles would supply any de-
nciency caused by the operation Of the new tariff and
40 away with any necessity for any further alteration
Oid stock Exchange.