Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1847-01-14
Home Market.

The DR. 3tectonss says the ST. Louis Union, IN order
TO obviate the evident tendency Of their theory, to
deprive the foreign markets for their produce,
insist that home market will be created sufficient to
COMPENSATE f the loss. The absurdity Of that asser
ton has been FRI quently shown yet is perDacousy
insisted upon ccording to the most authentic sta
tistcs if every ma n, woman and child IN the United
States should consum twenty bushels Of breadstus,
there would remain un. consumed 500 900 600 bushels
We are aware that bread Su used also for starch
sizing &C., and that large quantities are distilled yet
still there will remain a heavy surplus. 1t is evident
that the diversion of labor from agriculture 10
factures does increase the lumber Of mouths to
be fed although it may diminish TIE amount Of agri-
cultural products. But the amount of labor thus
diverted, under the tariff system, is SMALL and the
consequent effect the market small. From 1870
to $780, the relative decrease the number Of persons
engaged in agriculture and commerce. only three
and one-fourh per cent How long, at that rate will
it take to make an adequate home market for The
farmeri
The Boston Post makes the following comments on
the subject, and gives the following statistics:
Here is little table of statistics which fair
minded men ought 10 look at, when they hear the cry
of protection and home market
From 1871 to lS4l, the whole imports into the
United States amounted to S2,214, 25S 7I9 The
gross duties taxed on them were 1886 346 l66
a. So that, IN addition to the Of the articles
landed here the people who consumed them paid one
quarter more on this portion of what they consumed.
If this for to pay expenses of the gov
eminent, it was all well enough.
But 1t is also estimated from the best data that
during that period, the of domestic manuac-
lures was three times the amount imported making
the whole amount of domestic and imported in twenty
years S57 034 7S6. Now the lowest estimate that
be made Of the enhanced price Of articles by rea-
son OF the tax upon their importation, is one half Of
the tax to be added TO the 1t follows then that
in twenty years the farmers and other interests have
paid TO the manufacturers, by way of protection
81 OH IA OIL, which is tax of $50 GOT 205 per
annum.
This is the secret of the depression of the agri-
cultural States, and the wealth of the manufacturing
States under high tariffs and ought tie latter TO
complain if there is equalization between them,
under the tariff!
80 But in point of fact the manufacturer will gain
in the long run, because If he sells cheaper he will
sell more and make more, for the reason that the
agricultural sections, which his great home mark
ct, will be able to buy and pay fer what they
buy, and the demand for manufacturing labor will
increase.
"The summing up is Just this. The census gives
791 500 manufacturers in the United States They
cry out against the tariff, though it still protects
them nearly fifty per cent. But there are 100000
farmers, and l96,6O0 persons engaged in commerce;
and shall these be over-taxed for the smallest
class under the old tariff or shall they have the
profits of the free which will 90 10 enrich
them and still leave the manufacturer well enough off
under the tariff 90