Ypsilanti sentinel. [volume] (Ypsilanti, Washtenaw Co., Mich.) 1843-1900, 1846-08-05
THE NEW TARIFF.

If we considered party of more consequence than
countr-b We should announce the passage of McKays
Tariff with no ordinary feelings ofjoy; but when we
call to mind the arrangement ofbusiness-the nation
al debtthe destruction prospects, which this mea
sure with its kindred scheme, the Sub-treasury, is
about TO infct-,eM most assarediy nhict-on the
country, before the fiat of THE PEOPLE can huri
their authors to merited oblivion, cannot rejoice
even though their blind and selfish obstinacy eevates
the party to which ,se belong.
In the tariff bill just passed, the worst fears of the
opponents of the Administration are more than real
lied. We heard of incidental Ig0tecton to our in.
dustry, under revenue tariff :Uut who dreamed that
this meant actual discrimination in favor of the for
eign producer And yet throughout this bill, where
duties imposed upon the materia and the pro-
duct manufactured romit, the duty on the former is
higher than the latter. This is directly discrm-
nation in favor Of the foreign artisan. Mechanics
how do you like this principle Hatters how does
il please you that Hats pay a less duty than WOOL
from which they are made Did you understand IN
cdentaI protection to be anything like this Print
ers, the world of mind is ever busy, and books
poured forth by the millions from thousands of press
es, but the paper of which they made. is taxed
third higher than the books ready made under this
system will booksellers reprint or import the produc-
tons of foreign authorship Shoemakers, shall the
city dandy his foot in boot made in Paris, OF
French leather, because the government demands
less of him for his foolish lury than it does of you
for the material necessary to your trade We might
go on thus and enumerate the arocous attacks oth
bill upon American industry but one word to Far
mers and we have done.
farmers, look at this one fact The tariff act just
passed intended and expected to increase the rev.
enue. 1t is needles to say this expectation will not
be realized but supposing it should ii must be In
consequence of large additions to our mportations,
which must occasion falling off precisely SO much
in the markets of our own manufacturers. The con-
sequence to the farmer is:
1st.--That large proportion of the value of these
imporatons being made up of the cost of agrcultu-
raj productions worked up them, is equivalent to
just so much wheat corn, rye oats, &c. imported in
direct competition with the farmer.
2d.-Just as many Europeans we furnish with
employment, by our increased Importation SO many
of our own citizens do we throw out of employment
by the destruction of their markets.-Does any one
saw, awe can feed the former in exchange for their
labor We reply, Z" So feed the latter, with
out the disadvantages of foreign competition ana
the risk and expense of sea voyage.
3d.-That the increase ofagricuitural exports will
be commensurate with the increase of mportatlons,
If sufficiently great TO increase the revenue, or even
maintain it at its present standard is utterly lmpossi-
bic the balance tn en-, must be paid in specie,-the
abstraction of this will give se to the boundess Is
sue of paper in the shape of Treasury Notes, Shin
plasters, &C. with all their accompaniment of expo-
sions, panic, and ruin. We have tried the expert
ment once, and we are entering upon it the second
time it best that the people begin to prepare for
the storm.