Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1846-07-16
RUTLAND, THURSDAY, JULY 16. 1916.

they were free. Thousands and hun.
dfeds OF thousands Of our pcoF lie don't
pay a dollar year into the National
Treasury, and thousands not cent
How would II be under system of dl.
rect taxation' The burdens Of the
Federal Government would fall on far
ners and laborers more heavily than
the heaviest State taxation. Under a
system OF direct tax the proportion of
Pennsylvania would be three millions
a year-more than double the present
heavy State taxation. But all these
burdens put together are nothing COM
pared TO the taxes imposed on us by
the British. To form an idea of its
extent, let every gentleman ascertain
aumber of stores selling British
Nuss Us y his district These merchants
ddl' %r x-gatherers for England, ia
non " nns aDd tens, Of millions of
specie from our fnffnefs Y6f british ap-
r,cuItural produce; wool and every
thing else converted INTO goods and
sent here and sold to our farmers, who
have those very materials on their
hands rotting for want of u market; &
this IS the ruinous system recommen-
ded to our farmers by those "frcc trade"
advocates. The farmers understand
1t, and they will let gentlemen know it
at the polls.
They will let gentlemen know what
they think of this buy everything and
sell nothing policy They know that
the firmerwho sells more than he buys
gets -ich, and he who buys more than
he sells gets poor ; and they know the
same theory Is true with regard TO
nations; they know that to sell more
and buy less, is the way to wealth, and
thatthc opposite course is the road to
bankruptcy and ruin.
The true American policy was PRorHc.
TIos and INDEPENDENCE. |, was TO make
America independent Of all the world -
Thal was sound American policy; and he
trusted no man would suffer himself to be
so carried away by mere party politics as
10 advocate Stree trade" and starvation
twin sisters, zone and inseperable." Pro
tectlen was the policy which would spread
combrt and happiness over the face of q
smiling land. lis effects would penetrate
our forests and reach the remotest hamle
in the West This would keep our mon
ey al home, instead Of sending it across the
ocean to enrich British manufacturers al
our expense.
What was The t.eory Of our learned Sec
rotary? We must reduce duties to increase
our revenue. Now, Mr. S. said, and he
deiied contradiction that as truly as the
thermometer Indicated the increase or di.
rrMut,on of boat in the utmospherJ, just SO
truly did the increase or dimInu,ion OF the
tariff mark the increase or diminullon o.
revenue. He appealed TO the record and
dcfed his opponents TO the test,
The Secretary recommended reduction
OF duties 10 an average rate OF 20 per cent
and in support OF this recommendation he
had accompanied his report with table
al page 956, showing the revenue under
the difcren, tariffs for the last twenty.fv,
years viz, four years Immediately before
the tariff OF 1924, four years under the ia
riff Of l624. four years under the tariff o
1928, ten years under the compromise bill
and three years under the tariff Of 1872
And what was the resuIl2
For four years preceding the TIA
riff of 1924 the average gross rev
enue was S22,753,000. Under the ia
riff Of 1924, which its opponents pre-
dicted at the time, would ruin the rev,
enue and compel a resort TO direct tax
alton, the average of its four year
duration was SOS, $4,000 Next came
the bill Of abomination, the black ia
riff Of 1929 which it was said wouC
bankrupt the treasury beyond al
question, and what was the result =
The average revenue during the foul
wears of its operation increased to $50,
SAL 900. Then came the compromis'
bill of 1888, which brought the tarif
down by biennial reductons,to hori
zontal duty Of twenty per cent; AM
what was its effects upon the rcven
ue? The revenue declined.'pari past
with the tariff, Welding for ten year
: an average of $2l 1876, 600, and the las
year of its operation under the 20 pc
cent duty only $l6,6S6,000 gross rev
enve, netting l2,75S,000, while on
expenditures were more than doubl
that amount. Then came the presen
, tariff, which yielded more than 80 200
f 600 gross-27 10000 net revenue
Now what does our profound Secreta
, ry of the Treasury propose TO do I
, improve the revenue ? Mark it II
, proposes to reduce tariTto an averag
f of about 20 per cent. tariff in lSi
, Welded only $l2,GSO,OOO, while tn
/ present tariff last year yielded $27
; $4,000. Thus according, to the Sec
, rotary, twelve is more than twenty
seven A new discovery in arlthmc
- tic. The new free trade system OF I
/ nance says "reduce the duties 10 il
J crease the revenue, doctrine not OF
Ia, uryel uDou Congress- by the Seer