New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-07-30

4 81.
\ others have partially reached that goal "",o
other, again are yet in their infancy. Is IL qui'e
/ modest in the Belgian Professor to say ooN"
IDENTITY Of any Of these that they "oAnDo' y
cessful ?" Is it fair or cogent to compare 'i'
plsnts removed from thatlatitudei III "hio"
J they could orosper17-But let US near 'ne OK 'O
fa..or assert the advantages OF Free Irade'
From, .ueb an exchange two advantages are oerNeu
- re enc hand are received excellent foreign com
~. "a on the other market 10 opened ior our
,iv nroductous for, let us not forget tnai foreign
5uc, cannot be imported without exporting 80 equai
80 IN domestic merchandise and thus mportauOns
cr from In urpg the market for native goods Oh the
s,,ptrary favor their sale and consumption
Easy said, all this, but how proved ls 1t true
that imported commodities are uniformly excel
IentF Not in our experience. Is it true that " a
foreign product cannot be imported without export
x an equal value in domestic merchandise III
it 1rere true then the export Of British merchandise
the past year ought 10 have been beyond al pre-
esdent-fsr beyond that Of 1886 or g. Yet the
official returns make a very different exhibit and
British factories have stood idle or ran half time IN
the very midst Of an enormous British Importation
Of foreign products II is indeed true thar some
thing must be given for something but the some
thing bouebt NAV be eaten, drank or worn OUT
while the something exchanged for It may be fuo-
lie Stocks or other promises 70 pay at future
,;,oa,oay be cash in hand mortgages on property
o- many other things beside merchandise 10 It's
ns,sl sense. A nation is but larger family and
he who has not known a case wherein farmer OF
tradesman annual expenditures oyerran his annual
income must be sadly unqualified for any respoh'
sbe position in life unless it be that OF Professor
Of Political Economy. OF course, there comes
sequel 10 this current Of trade soroehow-the Law
yer and the Sheriff write its obituary-but we have
not found those who consider the end very fond
of or Indifferent to the beginning But hear the
Commissioner in continuation;
Tho Protective system scts in opposite way, and
closes the market for native productions IN oroer 10
force consumers 10 buy az q dear rate the Imperfect
products of the protected branches OF industry There
l. double disadvantage in this system for the con.
sumers who pay high price for Indifferent goods ana
also for the producers Of the commodities which "ouo
been given in exchange for those Imported.
Easily said again; but in stubborn contraven-
ton TO the teachings of the Prices Current When
the Protective Tariff Of - was enacted, its enc
mics asserted that it increased the prices OF the
Protected articles some twenty to fifty per cent
" C. dared them 70 show this by comparison OF ao-
tual prices they were slentand we showed the con-
trary It is easy 70 say increase OF fifty per cent
in the duty on given article has increased It's price
bv nearly or quite so much but WHAT the use ore-
peatnR it in the face Of absolute demonstration Of
the contrary Let any one take the trouble OF
comparing the market prices OF lron' Coal Sheet
ines Drlings Flannels Broadcloths, Sugar Salt
&c-say on the lst Of June respectively. in l-4O'
/ ~ IA 40 aud 47-and he must be satisfied that
the price Of either not governed and indeed was
hardly affected Mt all by the duty. Where an ar
tcle continues 20 be entirely or mainly imported
under whatever rate Of duty-as inthe case OF Tea
Coffee Spices Sc.-the duty will generally make
itself manifest in the price but where an article
which was in good part imported under low Rev
enue duty or nome is taxed at a much higher rate
with view TO Protection, and in consequence rap
idly ceases to be imported being largely produced
at home it is very often afforded cheaper and
cheaper to consumers, under the pressure OF dom"s'
tic competition impelled by widening market IN
iii it is sold at a lower rate than ever beio
Ofthis truth we have given any number OF Illus
tratons
/ Then what, says a Free Trader, is the good
of your Protection to the Home Producer Why
sir the good of it to all Home Producers consists IN
bringing producers and consumers nearer each 9th
or, and thus decreasing the expense, hazards and
delays al reciprocal transportation, while increas
ing the certainty and steadness Of markets for ALL
The special advantage TO the particular producer is
realized in the substitution of a quick and am
pie market for one doubtful and limited. Ask any
manufacturer Of Cabinet ware, Crockery or Cutie.
~ what he desires in the way of business, and his
D ie & A nj 10
for all can make.'-'W Well suppose the demand
for your product were extended to ten times what
it now is, would the price naturally be higher or
lower l-' II the increase should be suddenly vast,
the price might rise for season. but would soon
decline and in the end be much lower than 1t can
be while the demand is limited and caprclous. -
That this is the true unfaing law of Trade the hiso
~ and present prices Of Clocks Stoves Newspapers
&c. IN our Country will sbundantly demonstrate
Newspapers are far cheaper IN New England
than in the South, because there are ten times as
many taken to the square mile in the former as IN
the latter Aud they are to-day far cheaper through
our Country than they could be afforded II Foreign
journals could supplant the homemade as readily
and extensively as Foreign Ginghams and Broad
cloths can their American rivals And 1.-THE course
of events shall double or treble the patronage OF
the Evening Post or The Tribune, be sure that the
paper so favored will not be held dearer but offered
cheaper-that is, it will give more matter TO the
volume OF the ten dollars worih-thsn 1t now does
or possibly could with meager. unsteady support
We trust none OF our readers will grudge the
space we have given to the illustration OF truths
familiar to them in Difference TO the cool assu"P
tons Of the Belgian Professor. He is sample q
his school-of the men who assume 10 be Ne
teachers OF Political Economy and to brand all who
dissent from their theories as selfish knaves OF
humbugged idiots Wrapped in profound setcon-
ceit they treat with silent contempt whatever IS
offered on the other side if obviously suggested
by sordid interest or blind hatred of foreigners.
and are content with simply reiterating hypothesis
a hundred times demolished though they were
the undoubted axioms of Economic Science
Should opportunity serve, we may pursue still far
Their our review of NJ. Chittis manifesto
The BRITISH EMPIRE IN lSDIA.-The Bombay
Tnss gives us some useful facts concerning India The
British or British and Ess, India Company armies in
India numbered the Is, OF January, lsi7, cousid