The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1846-05-22
NUMBER So.

I
s,anl and increasing export in competition
With other nations. lie viii find, on obtain
ing samples Of the goods actually imported,
that They consist, ina very great measure, of
the higher priced fancifu articles, mostly
mixtures Of cotton wiih wool and silk, worn
by The rIcb, and that, in this article especial.
~, this large amount Of revenue is derived
from bat may be termed luxUIles He will
learn That the clamor Of certain papers, hko
the New York Evening Post, Of The cotton
! minimum being severe tax on The clothing
/ Of the poor, IS the meIeet humbuggery, end
I that the fl CT Of the minimum is, in fact,
most admirable as d mere revenue measure,
/ not only as security against fraud, bu, as
eyylng the highest duty on those produc
( lions OF fancy, where Il is most readily paid
by The consumers who choose 10 indulge
themselves IN such IuSuries.
He will learn, il Is true, tha. The msnufac.
ture is al this moment IN q state Of great
prosperity, and that The profits have never
been greateri but he wiN learn that the most
i profitable branch OF Tie manufacture ls that
Of making goods for the pspor, trade, cspc.
1 clally for the China marked. AID he viii
learn, IN this conuexion, that since he open
/ IDg Of the China trade, cc.,on manufactures
have also greatly advanced in price IN Eng
idGd and that the profits Of their mabuiac.
iuiefs are probably even greater than cur
own. lie will also learn that greater q.
mount Of capital is now going into this mnn.
uiaclurc, in all its branches, than al any for.
mer period, that, throughout the whole
country, every establishment for making
machinery io in full employment, al con.
siantiy increasing their means Of operation.
We Will not anticipate the conclusions TO
which these different facts shall bring the
mind Of The Secretary, with single excep-
ton. When he shall have learned, as he
w!iIlcan, that the heavy cotions, combining
much Of the raw material with small GUAM.
.Ily OF labor which we are now exporting
IN such quantities along the coast Of China,
aud even to Japan 10 cay nothing Of other
paris Of the world, are wholly Of American
origin as a manufacture, he canuot fail to
perceive that the whole iton.growing re.
gion Of the South is deeply interested in the
extension OF this manufacture, which carries
their staple into new and extensive market.
which has heretofore been wholly supplied
from cotton gtoUnin the East. lie cannot
fail to perceive that South Carolina, in es.
'ahlshing The co::on minimum in l8l6, was
laying the foundation ut the mos, extraordl.
nary revolution IN commerce which the
world has ever seen-ihe turning back up
on Asia her own essential production, the
manufacture TO which her own province OF
Calicut had, for centuries, given 0 name
throughout the world revolution, per-
haps, more extraordinary than tina, which
has taken place in the opinions Of South
Carolina herself. He cannot fail to per.
ceiye that there is good ground for the late
movement Of the South N throwing OF the
deiuslon OF the forty bale theory, and in
ranging themselves on The side Of the pro.
iectye system, Of which they share c iuli
portion Of the benefits,
One Of the greatest innovations Of the Ia.
riff Of 1912, IS the change on manufactures
OF silk, from an I'D yaorem TO q specific
duty Of two and half dollars The pound
weight. The table informs US that the duty
has amounted TO 254 per cent. on the cost,
produ.Ing revenue of 81 $50, 900. This
change was made at the request of the 4.
mencan importers Of silks, in order TO coun-
teract the frauds committed by the foreign
importers, The result is believed to be
satisfactory to those best acquainted with
its operation. Some descriptions of silk
goods, doubtless, pay higher rate Of duty
than others, but the whole effect is, proba-
bly,, as equal as any other arrangement. 1t
has the advantage Of great simplicity at
any rate, II is wholly 4 revenue measure.
Leghorn hats produce revenue Of quar-
ter OF a million dollars, at duty OF So per
cent. The cotton bagging, known by the
name Of gunuy cloth, pays duty Of FIVE
cents the square yard, amounting TO lis
per cent. on the costs yet such is the tacil-
lty and cbeapness with which II is produ
ced in India, that il continues TO be impor.
ted 10 small quantities, revenue of 6,400
dollars having been derived from il. Alta
duty Of 25 per cent, this cheap bagging
would doubtless break down all the tacto.
res making hemp bagglng in Kentucky
and Tennessee ; at the same time, il would
furnish freight for some thirty or forty
ships from Calcutta.
The table shows that the duty on agrIs
cultural produce is not wholly nominal, as
is sometimes commended. Potatoes produce
upwards Ct ten thousand dollars revenue, at
d rate o. duty ampun,ng TO thirty per cent;
cheese, upwards of $4,000, at duty Of 81
per cent The table gives revenue Of up
wards OF 500 600 dollars on raw cotton, at
a rate Of 50 per cent duty bur this was,
doubtless, drawn back on export. The sans
is doubtless true Of many descriptions of
manufactures paying high rate OF duty,
being imported expressly for expectation.
The mos, unequal duty Of the tariff is
that on wineS, especially under the con-
siIuclion pot upon our reciprocity treaties
by Mr.. Secretary Bib. He has decided
that Msdeda wine, costing two dollars the
gallon, is a A." Tx. article" with tho white
wine Of Frorce, costing less than twenty
FIVE cents and so Of others. The conse-
., ,hat MoIa,ro tvtpa n,ys dirty