New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-01-28
Protection md Prices.

From ne lfns obH
N,vEseLASp MArrFAorURYs.-We are glad to
learn from the Boston Post OF the continued and und
mnishing prosperity OF the New England manufactures
That Journal states that division Of it's surplus or Re
served profits recently been made by the Mssachu
seu. Mills and fifteen per cent thus presented TO its
stockholders which 10 very pretty gut out no' qulle
equal 10 the extra dividends and investment Ia ne"
mill Of it's surplus or reserved fund oy announcer I"se
Lowell factory whose president had the assurance TO
deny the existence Of any such reserve OF surplus II
stated that cotton goods have risen very much IN
u,,cs recen,ly "Amoskosg shee,ngs. which lew
weeks ain were fold by the agents al cents are no"
up 20 e3 Tact ysar this time De same quaty sio0d NJ
rrs,s Within short time tckngs aud deni.ns nave al
yAneed to cent per yard fflnt' spen a. NV, ,
for 81 Coiored csmbrics have advanced TO cent
Woolen linen and rubber goods are advancing Inc
neat mOaslin de LANES now making ny Tue MahVnes,c
Mills are Afforded for less than cost OF importation ~
two or three cents per yard Even tho great BCanefe
OF protection and the manufacture OF pohucs oaptai
ont OF the tariff question admits there never was
time when capital was being invested ~ mshu1V
lures than at this moment in New-kngAnd.
~ Win the People hear, see and think DO
they ever remember from one years end to an
other1 II so. will they please recall the contro'
yegsy which has been carried between the iriends
of Protection and those Of Free Trade with regard
20 the effect of Protective Duties on Prices II So
they cannot have forgotten, and none but the most
shameless will deny that it has tor four years been
stouty maintained ON the one hand and denied on
the other that The natural and usual effect Of PTotce
TIRE Duties IS 10 enhance b. their amount The prices
Of ne protected articles This asserted hun
drod times in Congress while the Tariff Of ~ was
under discussion; distinctly affirmed by the Loco
Focos Of this City in their Tammany Resolutions
OF Nov a. assumed as obvious and undeniabe
by Silas Wright in his WATERFOWL Speech and
expressly asserted over aud again by Secretary
Walker 10 his great and little Reports In The for
mer he distinctly stated that the Twenty seven Nil
lions lowed by the Government on Imports cost the
consumers Of imported and similar home made
goods no, less than Eighty Millions OF Dollars pei
annum The Senate called on him to state dis
tinc,ly whether he meant this OF not, and he an
swered that he dd-gving at their request, lists o
articles on whsh the People were paying the ri
tyodd Millions OF bonus to our own manufacturer
OF Wool, Cotton, Silk. &c and to our miners Q
Iron. Coal &c &c. AL was displayed in crcum
stan,ial and imposing figures and those who be
lieved him at all must have believed that We wef'
actually paying several cents more per yard for al
the Plain and Printed Cottons consumed IN th'
country. at least dollar ton more Tor Coal seve
raj dollars more for Iron &C &C than we shout
have paid and should pay under purely Revenu
Tariff All this was triumphantly backed and stoo
up for by the Loco Fooo press including the Boz
ton Post True Sun &c
Nav, more The Journal OF Commerce parade
in its office specimens OF British Beached Cotio
costing cents which it pronounced every wa
equal TO the New.York Mills Shirtngs costing l
cents, All the Free Trade organs took up the CITY
and their readers must have understood II they II
posed any faith in their organs. that not only Wa
there this difference between particular Amer
can and corresponding British fabric, BIZ, tbs
such. OF nearly such was the geseroI dispeTtty b,
tween the British and American p1c0s Of Cote
goods.
The whole country will bear US witness that tf
great battle Of Protection vs.. Free Trade has bee
fought by our adverssries on the unvaryine a
sumption tina, High DATES MAKE High Prices, al
that an addition to the duty naturally and almo
uniformly increases by SO much the price which Il
consumer mus, pay fer the article. whether IN
ported or otherwise.
Now look st the facts, no. osr facts, mind yo
but those Of the Boston Post and True Sun, two
the h,terest enemies Of the Protective Polio
Last year, they tell us. under the Wing duty Of
cents per y ard. Amoskeag Sheeings sold at cen
per yard now under the Loco Foco duty Of 30 p
cent lsss than cents per ysrd,) these same goo
are selling for 81 The duty has fallen cen,
the price has risen Il cents per yard Priats.
which the Wing duty was cents per yard, so
under that duty 81 TO 4 how. the dG,y being
dGced by the Loco Foco Tariff to | Il cents Il
price has risen to 5, cents And these are not le
instances either; ior il seems that American fsbri
Of all kinds have advanced sloe about the time q
New TarG wen, into effect OF arc now sdysrein
And the Great Mousselia &c Lame factory at Ma
chester, y. H. is going IL TO manufacture snl s.
ITS fabrics cheaper than they can be imported
two 70 three cents per yard. Is it not confess
then-a point settled ior ever, not by our test
ny, but by that of oar sdverssries-iha, High 2,
tec,iye Duties do not necessarily raise prices. n
does change thence TO low Revenue Dates .
sure cheaper fabrics
We'll says Free Trader. al al eyeats.
appears thar our Manufacturers arc doing We
well without Protection. Sir.--ars doing
sens Of them. But on what basis We kn,