New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-12-11

.tf peis "a gi..igf slisihed ii 9ssfe5 b ihsi Fa
~ Nav, mors it is clear that the railing Of Rev
epus by Imposts instead of Direct Taxes is in itself
great favor or bounty tsince Mr. Polk chooses
these terms to the Farming Interest which con
sumes Tar less than its proportion 0. Foreign TAB
rics. but would have 70 pay more than ita Jos'
proportion under system OF Direct laxstiOn'
since Farms and their Products are ever visible
palpable exposed 70 the tax gatherers scrutiny
while most other property can De concealed ana
of,.,,i Direct Taxation is the point 70 which
Loco Focoism is now plainly drifting. and when
I'M, ia reached our farmers will see and eel what
,ysys ,be bounties' and iavors OF a Protective
Tariff and who enjoyed them
Let Us nov consider the Presidents assumption
that the Home Market alone Is inadequate to en-
able them TO dispose Of the immense surplus o.
food &c which our farmers are capable OF pro
.ducing. 70, the manifest reason that they
cannot BE- consumed in The Country What can
this mean Can Mr.. Polk be utterly ignorant o;
the fac. that Of all the Provisions hitherto produced
in this Country At least tort n,He fiffhs h0rs 1e"
consumed here AT any rate. il . the TACT, and
cononsr;son Of the Census Returns OF Products with
Custom
I d.no,,s,ra.e il beyond cavil What would be ne
c.ssary to create Home Market tor all the Prov
sioDs We might produce Simply, the extension
or naturalization Of other branches OF industry 70
I . corresponding amount. For instance were W
/ m create a demand for American Iron Hard ware.
HEMP. Cloths, silks Cordage, sc. 70 the extent OF
TWENTY Millions per year mot half cur aggregate
ina port alton Of these articles might cease en-
,rey 10 export Breadstufis aud Provisions, yet
grow millions per annum the richer for the change
All that need be done in the premises IS TO ers9ie
oenaaad for lajor IN other pursuit, at PT'ces 'rhich
,eM TEND To diminisi me aggregate emptoyed IN
gra,a. ero,riue That accomplished. the Home
prices of Grain aud Meat viii rise sufficiently 70
prevent their expectation except 10 case OF an ac
,ual and serious deficiency in the average prodnc
ton of the Old World. Were We now making the
fabrics we annually consume We should usually
export no Food simply because the necessary
| diversion of Labor from Food rnisns to Manuiac
turing would so enhance the prices OF Food among
us as to forbid their expectation
With brief consideration Of the asserted supe
rioritv of two markets one. we must close. 1t
is palpably better is the drift OF NJ Folks arsu
men, that the F arrner have two markets-the For
eic-I and the Home-than one. Why. Sir, were
everything else TO remain unaffected. this would
seem reasonable But that is clearly impossible
If our Farmers buy their fabrics mainly f Old Eng
land they cannot sell their Corn and Pork TO -Ns'
England for her ability To buy those articles depends
on the activity OF her factories, the extensive sale
of her goods The choice OF two markets mus'
therefore Substantially bc choice to retain the one
or the other and the perpetual alternative held out
MS lure by the President is fallacious II We
choose TO buy our fabrics OF Europe we must abide
BY such markets such prices, for our Grain as In
rope will give us FOR our Manufacturing region cal
only buy thereof to amy extent when its own stn
pies are bough, in return Let give familiar
illustration of this choice OF two markets instead o
one as i, actually is We Will take for example a
Connecticut township, whose farmers now buy and
sell with the manufacturers about then-.0r accord
ing to Mr. Folks logic have been confined by the
Tariff of ~ 10 the Home Marke, only and com
PEELED 10 pay bounties and taxes 10 the manuiac-
turers The amount current OF the Farming Inter.
est OF that township Will stand substantially thus
B, 10 IN. Of Iron az $500 sy oco ba.h Corn
luln- ulaufdo Sl5p 1890 6DoJ Potatoes ~ ot lsye
$40 yds Brdch.av -. l5oo' $3.50 Apples al p i2t