New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-08-02
Chitr,,s Political Economy.

Wa continue since he has requested 1t IN note
mar Saturdays EreniHg Post, our examination OF
.xp,of ',httis Free Trade Manifesto, inviting Pc
l,i,si rs..reiaists to Worlds Convention in Brus
al. ~, .,s io,h 81 next month His next para
srsp- .,ie one already quoted reads as follows
A.,,s.. 4, urlous consequence follows Under the
- & see Protective law, which guards them from
G,r,.xn rssp,, tion the manufacturers naturally De-
aeest and Il - well know that they are me
90, -..r, 20 uh, tee direct interest 10 char
.ir ~. % fshir ivcfy change requires tho '-
so,, 4, s5dhioLd c@Gits;-the siady OF imp, 9
-..,,auc,,d tho care. labor and SACRIFICES
s- q. ,ion srmsnds Thus tho protected
40 - .=-ss no improvements. but
- ~ - paths 10 which they are Aecas
ta,.1. Res 90 rmp'oymen' o. rev in',.u"ens'
a. ~ e.. "a. .rIfoss they would BE- obliged TO make
=.
7reH e.- we're tue. ASA general proposition
~ fl,x thst the rapid aai wondrous I'M
during tho lest half century in
,sceinery and processes have had
.s... honard switzerland Turkey. or
ne e Fres Trade country and not 10y any
r.,sAs q. ;srea Britain France. or the United
t,sss yaph have mainly or wholly adhered to
gr~sr..oa. re the facts so NJ Chitil Will any
,..1 vho "a distinguish spinning jenny from
-.ra ...aa assert. matter Of fact, that no or
sveaa0pely few inventions or Improvements In
machinery have been made In Old or New England
under the operation OF Protective laws II any
& nan aM ga, 1t. he can be- instantly confutcd from
every page Of the history OF manufacturing pro
wees
NJ Ch,tti Would seem not 20 understand or con
siier ts,s, t,erc can be- any other competition in
maaufal 81. bat that between nation and nation
wher n ..r- a. : rivalry between Lowell and Pro
viAcl.- re, sester and Fall RIVER. old establish
taenis sn6 ars has precisely the same effect in
N'n.v'a' ~ ...srtion as the rivalry between Shelf
o., AL So = I'D. Cornw all and Lake Superior.
t.. Ns. s--.. be thriving in any country, and
ues .e-e.rrs w.li be starting every month and
..7 sta ar eating their hundred thousand or
n..trB a.4'1-s INTO a new factory will en9eavor to
o.. sYsi'.e very best machinery possible-to adopt
-' '4,,r', sE.sats whether already in use or Just
snc,.1 lu.s done. their older rivals must do
a. - se gound. Ii it can be necessary to
! P'~a s., ~ On 40 simple and obvious, we would
1 'fn'. ~, TO the extraordinary improvements
A.,.s 81 a sao Printing Presses on which the
'-..s aenssxpers are printed, although interns
Ia. , e.c- 10 this branch of manufacture is in
the 30, =. q aings impossible We are all run
ming ara n sat and good presses, regardless o
cost not ,el the publishers of some other ma
ton but ca rvaIs in our own city, and to supply
promptly tho actual or artificial demand for oul
several journals. soin other departments of indus
trial ente price
Had re SPACE at command. We should like {,
PROFOUND to "a Chitti that the bencicence OF Com
petition ~ ~ element OF Industrial Progress. hal
its limits--3tst Competition may be employed no
only 20 sumulate and expand but to overwheln
and crush. but we must iorbear.
M. Chitti's next paragraph is too long to b,
quoted but its substance is an old story which may
be told in few words. England, which canno
produce raw Silk. long protected the Silk manuisc
ture by Prohibitory duties In 1928 when thu
manufacture had long been established and exten
sively prosecuted, MIR. Hoskisson procured the pas
sage OF a bill reducing the duty on imported SILK,
to thirty per cent 1t stoutly predicted at th,
time that this change would break down the British
manufacture Of Silks but this prediction was con
fu,ed by experience. and the Silk business in Eng
land has since expanded and aoarished more thar
ever Such is the gist OF the statement
Now suppose that in fact the Sslk duty had beer
fofoIIv abolished in SIS, and the Silk msnuiactur,
had continued To increase aud flourish ever since
,xh., Of III We who stand by Protection main
tain that certain branches OF Industry at eertai
time. reQohe nd deserve the fostering hand {
Lesisl.'ssa are quite aware that others d
not ADD ,ia. tes3 which do win or may in time a
,.ina,ie.r a.d perfection which overbear al nj
ee.sity ~. s;iOn The little chsld whose 10
,ef,ns ste - needed guiding hand last year ma
walk unaided Ard steadily now; bat does tn
move that the be ping hand was nullity or a d.
. tr;uent in its season. There was a time when n
manufacture OF plain Cottons in tins country coul
NO, have lived without Protection; now they ar
doing very well under low Revenue duty, an
would generally live and flourish If there were n
daty at all SO, messuraby, with Iron as W
Think it would wholly be if the Iron msnufactur
here could have ten years OF adequate and stead
Protection. There were those who talked as
the Tariff of ls46 would utterly destroy the Manu-
features ofthis country but mos, absurdly. The &C
reounds in provisions that are vicious, destructive