The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-06-24

be, that while sufficient amount is drawn f,,,, Al
pockets OF the people 10 support government bv In.
creased revenue duties on all importations sy.'n
Gon, that interest would receive from them also ~
amount secured by protection, aud thereby tbs,
profits would be unblushiugly augmented Al The Nv
pense Of others. Extend this principle in ds,s,,
to Woollens and cottons: the result is simls,
and perhaps more striking. No distinction in 49,;
clple therefore, can be drawn between tariff syou
eddy imposed for protection and tariff for revsn,
discriminating t0r protection IL you exclude The COZ,
rect doctrine, Ia tariff for revenue) then every 60
slderatoa of policy urges that you go no farther than
that laid down in 1916 by Mr.. A. J. Dallas. then
Secretary OF the Treasury, and AN advOcate for nro
lection. He says The amount of the DIM.
should be such will enable the manufacture 10
inject the importer in TIE American market upon
equal terms of profit and loss" This is utterly dis
regarded by the present tariff. In many important
articles competition cut of-uai competition which
all should desrethe most effectual means Of cheap-
en'ng production, and securing 10 the consumer the
advantage OF the cheap production. You desire
you say, monopoly Of the home market for yonr
aomesue manufactures, and how can you obtain that
out oy tue exclusion OF all competition between the
foreign and domestic manufacturer OF necessity
then, the revenue derived from foreign CONNER
which now forms the almost exclusive source Of ner
nanent revenue, would be reduced in proportion n
the extent OF the proposed monopoly
Bat we are told II you adopt revenue tariff you
PROSTATE the domestic ufacturer because the for
eigner can produce cheaper and will underse hin,
What was the object Of the late " National Fair ~
Was 1t not TO show the perfection Of our domestic
manufactures, and that here articles could be manu-
featured OF better quality and lower price, n his
was not the object, what IN | was gratifed 10
see the skill and enterprise Of my counuym.n
but could not divest myself OF the consider.
alton, that, while these persons who were 40
prosperous, by drawing from tha labor of 9th.
4 ers, Prohs which enabled them at several thous-
and dollars expense, to bring together in the netron
n hair ali -
still had the disposition to cry, like the Aorse-eecb
More more" Let your tariff be what il will. III
you adopt the revenue principle the duties must ay-
erage from 10 to 80 per cent, } the domestic manu.
iacturer will rom the necessity Of the case which
other classes are willing to eoncede) have that add.
tlonsl advantage, which is possessed by the for
elgneri and surely II manufactures can be produced
here as cheap as in foreign countries this additional
advantage will enable them to undersel the foreign.
err and by the laws Of trade therefore, the foreign
manufacturer Is most certainly excluded, and YOU
have what you desre--a monopoly Of the home
market
Sir, many, very many, are deluded by the cry Of
protection to American industry against foreign Ia
Dor: The most eifectual encouragement and pro-
lection 10 that industry is TO free IL from the resrc
tons and burdens imposed by legislative enactments
Civ enterprise and industry free scope Ia your d.
hniton OF American labor confined to the work
shops Of manufacturing establishments Why, even
there, do we not know that manual labor forms but
he
4 largest share of the profits.
Il The agricultural population, however, are TO be
remunerated by these unequal exactions-in the
hrst place, by securing manufactures at less price:
and secondly, by furnishing home market for
their productions. 1t is remarkable how man will
persist IN gross absurdity when he is influenced
by self-lneres and can produce some plausible ar
gument to sustain his position. As evidence that
prices have reduced under protective tariffs coarse
cotons and nails, and some other articles relied
on and always referred to. Have not these same
articles fallen in price in foreign countries where
our tariff did not sperate' | desire to read another
extract from the report Of the Secretary of the Trea
sury, TO which can add no force:
The occasional fall in price Of some articles nfter
cause from improved machinery diminished prices OF the
raw material or other causes prices may fall even after
tariff but they would in such have fallen much
more but for the tariff The comparison between
the present price of the article home and abroad
market than in our own the duty. equal that differ.
ence must to that extent enhance the price and in the
same ratio with the lower duty The difference price At
home or abroad is generally about equal difference
IN the cost OF production and presents in series years
ment in price being equal that difference IL the duty he
higher than that difference equal it, the duty be
the article Is produced like cotton more chespIy here
than abroad the duty Is imperative The great argument
for the tariff is that foreign labor being cheaper than our
to that extent and that make up hi, difference
market both Of tSe foreign artiee s5s
Of It's rvsi domestic product-thus rendering the duty
tax on all consumers for the benefit the protected
classes II the marshal By the federal govern
men to collect direct from the whole people to be
sustain their business realize larger profit il would be-
the same in effect as the protective duty which when an.
yzed in its simplest elements and reduced to actual re-
suits, mere subtraction Of much money from the
to increase the resource. Of the protected classes
Legislation Tor classes against the doctrine of equal
rights rePugnant TO the spirit free institutions and
us apprehended by many may become but another form
for privileged orders under the of protection instead
Of privilege indicated here by rank or title but by
upon them for the benefit OF the few y
we are In one breath told that il you do not pro-
ect the manufacturers they must be prostrated and
IN the next you are informed that by your protec-
uon you diminish their profits Perhaps il was the
object Of the national fair 10 bring togetber nj this
place the combined influence of manufacturers IN
induce Congress to continue the protection thew
now receive under the act of 1912 If this be cor
rect these keen, shrewd, sensible business men
misunderstood their interest greatly in desiring a
policy which will reduce the price of their goods
and, consequently, their profits. The taxes IMPOSED
by the tarlf necessarily form part of the price 1t
is charged by the importer to the merchant and III
umately. paid by the consumer in the enhanced
price. have the highes, authority on this point
from the mouth of him who il considered The f,,ber
of this policy Mr.. Clay, in 1889, said.
"ln general it may be taken rule that the dutv unop
an article forms portion of its prce.r ' Nf
rut how does e this apply to articles which are
prohibited! The answer is, that while domestic
competition may partially diminish the price,
(Which, by increasing competition, would still fur.
Their diminish it, yet prohibition is of no advantage
to the domestic manufacturer, unless he is enabled
to obtain more thereby than he otherwise could.
and, repeat the inquity consists in Lowing taxes
upon the consumer, which are not applied to he SUM-
port of government, but find their way directly into
the pockets of the manufacturing capitalist Now,
as to the home market. suppose these kind bene.
actors desire TO extend to the agricultural population
what they seek for themselves monopoly of the
home market Experience demonstrates that. m
less we purchase of foreigners they cannot buy of
us Weexport 100000 900 of agricultural products,
Tor which there IS no market at home But it in said
the largest item Of these exports consist of cotton
and our graln-growers not benefited He must
be Ignorant of commercial transactions who does
not know that the cotton States consume large
portion OF me products OF the grangrowing States.
There is an identity of interest between beNercul-
tural classes, whether South, North, or West. True
policy demands that in regard to a market fot our
manufacturing or agricultural products, government
al not ptaF Il ~