The daily union. [volume] (Washington [D.C.]) 1845-1857, 1847-03-15
Populations Exports.
Years.
1s,5OO,00O

Thus it is seen that with population of $500, 900
SOULS exports were reduced to l03,397,10, or
SIS IS per head under the bghtng operations of the
tariff bill of 1912 1t is most striking fact, challenging
the most deliberate consideration of every agrculturis
that under the low duties of 1900 the average EXPORTS
according to population, SIS IS per head under
the high protective duties OF 1924, exports reduced
to Sc 10 per head and under the tariff bill OF AZ, were
still further reduced to IS So per head Thus establish
ing the fact that every increased duty not only dmnshes
your imports, and consequently, your customs, but
dmnshes, in still greater and more ruinous degree the
exnors OF the country. Now, notwithstanding the
facts here submitted, this proposition may be denied
therefore submit question to this committee If you
can import nothing, including money, you export any
tang You undoubtedly cannot unless you give away
your exports 1t therefore follows, whatever tends to
diminish imports diminlshes exports also.
MIR. Chairman, need not dwell upon the evil conse
quences to country, resulting from diminuton of her
exports These exports consist in the snpis products
Of labor; they cannot be consumed at home, and if the
markets OF the world are closed upon them they decay
and waste upon the hands of the producer, and
him dead loss The surplus products of labor, taken
the aggregate constitute the sole means of acquiring
wealth to country If therefore, you adopta pol
icy which prohibits exchange Of these surplus pro-
auctions for articles of durable and increasing value, all
the sources of accumulatng wealth are effecualy
closed if Providence had smltten the earth with the
curse OF barrenness
Should We then, seek to provide for the payment OF
the war debt by the revival of system which promises
rate inurously upon the labor and exports of the
counry' hope we shall pause long before guilty
Of any such absurdy Sir, have word to add to
who represent the farming as contradstngushed from
the planting interest of this country and who now
refusing the free list of imported articles because
includes tea and coffee Reflect beseech you upon the
large of exports, and the wonderful agricultural
prosperity with which blessed under the low du
ties OF 1900 and do not overlook the fact that during the
whole period embraced by the table already submitted
not one bale OF cotton exported. The whole, or
nearly so, of the $96,359,443 annually exported them
consisted OF farming productions and principally provis-
ions. But (nearly nifty years aferwards) our ex-
ports have only increased to 81 900 per annum and
twothirds of those exports consist OF cotton Hence it is
obvious that the very great reduction of exports accord
ing to population resulting from the high duties subse
quenty imposed upon imports has been farming and
not planting productions Why sir, this the
Because your duties high upon imports that pro-
visions, including grain could moi be shipped and ex-
changed for foreign products and pay the home duty 1t
absorbed nearly the entire value of the outward cargo
and hence the trade abandoned, and the provision
markets OF the world lost to people. But may be
asked why provisions might not have been exported if
there was demand for them, and the value OF them
brought back in money! answer commerce, to be per-
nanen between the different countries of the world must
be reciprocal No nation buy the surplus products
of another, and pay exclusively in money.
If nation should buy for cash. and sell nothing for
few years, the rapid exhaustion of her circulating medium
would very derange her commerce, and end in a
general paralysis OF all her industrial pursuits From
cessity, therefore, nation pursue that policy and
when, by commercial restrictions prevented the
exchange of the products OF agriculture for the products
OF foreign countries except money, those countries
compelled TO seek their supplies in those markets in
which less restrictive system prevailed, and thereby
permitted an exchange OF commodities upon terms of
mutual advantage We refused to do so and therefore
lost the provision markets of the world and others
gained them But we have, by our late modification of
the tariff taken the first step in regaining our lost mar
kets Will friends from the west, who are so pecu
arly interested this lost, nay, foolshly abandoned
market Tor the surplus products of the farmer the bene
fits OF which being felt in the increased and rap
idly increasing price of provisions of every kind, force us
back upon high duties, and thereby bring upon the coun
try the evils from which we now escaping, rather
than submit TO a tax upon tea and coliec'
lT Ia for than md
vidually and collectively, to say what should be the ac
ton OF their constituents under the circumstances We
of the southern planting States oppose upon principle
high duties upon imports but bear them much
better than the farming States. The world is obliged to
1t can be obtained in sufficient quantity and good quality
from other quarter oil the globe And if England the
ruling power OF Europe powerful is her government,
were to exclude IT from her market Tomorrow she
threatened with all the horrors of internal 1t is
necessary to her national exisence she cannot there
lore dispense with IT. 1t ls most assuredly owing to
this very that the export of cotton has continued
10 advance, despite the restrictive folly of your
cal system, until 1t constitutes twohrds OF your entire
exports, whilst the export of grain and provisions, gene
rally has sunk into comparative nothingness. But we
OF the south sympathze with agriculture in all its branch
es, as we do IN the general prosperity of the country
we urge you therefore, by consideration of patr
otisin not IN time OF to force upon the country
change OF the revenue system which end prac
tca good, but in the disastrous consequences to all
OF The great interests OF the country Let u.s. them unite
and provide Tor the payment of the war debt by
duty upon the free list and reduction and graduation of
the price OF the public lands Let us prosecute the war
with vSor corresponding with the power of great ma
hon and when peace made, let it be upon principles
tnat VIII prove us a Jusl and magnanimous one.
gY NEW SPRING GOODS
HtEO w. PHILLIPS, OF the old firm of pi,,n,,r phi,
n r. i.... & 10, laava Il