Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1847-10-16
THE INCREASED IMPORTS.

Messts EDlToRs In your journal of the 9th instant YOU
copy from the Liverpool Mercury comparative statement of
the exports from Liverpool the United States during the
five months ending with August fer 1916 and lS47. Ii is
be regretted that you did accompany the statement with
comments lest of your Locofoco readers-and hope
you have manymght conclude that you friends the
existing Tariff and such, paraded before the country
show what tremendous business driving with John
Boil under Democratic Administration According my
recollection you resisted the passage Of the Tariff bill of
1885, and therefore, you might have favored your readers
with your views the increasing imports, which you
consider alarming but, you have done it. beg
to do it for you nothing doubling you will endorse my sent
ments--not my ability.
With the exception of tin plates, it appears that the
ports of all the articles named by the Liverpool Mercury
rapidly increased and of them enormously Packages
of manufactured goods increased about 49, packages of
hardware about 1000 other packages about 10000 Of
iron about 49, 900 tons of salt about 900 and other ar
ces tedious enumerate have also increased and that
the leading articles will continue to increase upon long
the present Tariff exists there be question
All this may look very well to free traders but contemplate
the result with dread. Within the next twelve months the
balance OF trade must be largely against and then,
thing Of course, shall lose large amount of coin
Albeit the late unprecedented foreign demand for bread
stus sterling bills have already advanced about par and
is quite probable they will further advance in short time
in which event the coin will begin TO at once.
Having costly our hands, it provdenal for
the country and the Administration that Europe in the past
year required about fifty millions of food for, but for
this coin would have flowed in large quantities from both
ends of the country and under such Of things the
sequences would have been most disastrous Ii could
have foreign demand for beadstus every year the
extent of fifty millions dollars the Tariff of 1916 could be
h,fth alcnIot do.
mand unusual and extraordinary, and the of it
the unprecedented deficiency of the crops of Europe 1t
true, the feeade editors and the Democrats generally
ascrbed the immense exports to their tariff banng, but it
all brutu tulaea These exports would have been
made if they had been so per cent There is
end to them.
being perfectly clear that continuation Of low duties
must ultimately prove disastrous to all the great interests Of
the country let inquire if any portion OF the people Of the
country derive, IN the mean time, any advantage from them
II the reduction Of duties had cheapned prices Of goods gen.
orally, be admitted that the would be bene
ed but it said by the most respectable merchants that
the acreage prices lower. Some articles higher
and lower, according the demand and supply which,
after ALL regulate prices but the value Of goods both foreign
and domestic, is, upon the whole, about the it
previously to the lst Of December, lS46.
As have gained nothing by the order in council,
lei lost Instead patronzing labor
in preparing for market sixty thousand packages Of dry
goods hardware, &c., and nineteen thousand ofon, 1--WE
speaking Of the of imports ony have put the
pockets OF the people of Great Britain large Of money
Would il not have been better to have patronzed
countymen and those who seek asylum among US than
contribute . the wealth Of those who chucke
greenness and generosity John Bull delighted when the
glorious reached him that Brother Jonathan had after
ture considerations concluded protect his labor in preference
TO own and the old gentleman has been thankful and
happy since But it would be waste of words TO pur-
sue the theme. When shall have gone through fiery
ordeal like that OF ls37-when all the banks from New York
TO New Orleans suspended specie paymons-we may better
understand our true policy.
OCToBEn, 1917. o. p. q.