The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-11-09
Movements Of the Whlg Journals on the
New Administration.

Iron the Phnadelphia North American, Nov.
REPrAL OF TIE TARIFF Of 1S46.-Immediately after
the pssssge of the tariff OF 1916, this paper was
the very to rate the cry of repeal Expert
q. ce had convinced that the ad vslorem principle
adopt by that BILL must be fraught With fat al injury
to II welfare Pennsylvania ali the States inte
rested in the question OF protecton I've years have
Injurious than at that ime anticipated. Our pre-
dictions only be fulfilled but Il failure Of
many of the largest factor.R rolling mills, and fur
pacer bear witness to the desolatiDg effects of rys
Win, thrust upon the airy, to the
political favor Of the south. Tbs act of 1912 was
the statute book because 1t failed
realize any Of II expectations Of itsfrends to pro-
duce abundance Of revenue-for In both there
spscts it far exceeded all esimates-but because it
prot. free labor because imposed that
system Of low duties would appreciate the value Of
southern staples 1t assailed political sni
tona grou nd, and there were men In the North,
know this purpose, enough to betray the inte-
rests the ope by whom they elected, and
Of them sufficiently treacherous give castlug vote,
in the face of the professions of his whole life 1t
the State Of his nativity and the policy which he knew
to be that best to advance the great inte
tests the whole country The experme MT, besides
prosIaipg sylvania has been equally disastrous
in Its effects upon the South for cotton is wer
by 90 per cent than it wa, under the act Of 1872
thereby demonstrating the truth and force of the wing
tt ecry, that market Is SO good, because is
so sure and steady, as the home market.
This bill of 1876 having, therefore, disappointed all
the ends for which It was framed, he's longer any
aim upon public liberation. Owing to the immense
Yush foreign manufactures under the attract of
low scale Of duter and the chance Of false invoices
and to the increase in the foreign
which been driven into markets by the foreign
revolutions to be sold against the domestic manufsc.
lures whatever price they would bring the
for the year will exceed, by several millions
the fair average Of the bill The inducement to pur
chase foreign fabrics which was occasioned by the
high prices and large demand for produce during
the famine has already disappeared and the specie
pay for luxur.es not needed, and for manufactures
which by this competition, have ruined thousands of
the last year much as twenty millions Of specie have
been shipped to Europe The for excessive
importations having abated the revenue as natural
consequence must fall and even If it could main
its present maximum--whch every practical man
knows it cannot-t would not be sufficient to cover
the ordinary of the Cover MT incud
ing interest the public deot already founded
to nothing of the prospective loans which are de-
manded by the necessities of the Treasury.
The appropriations for the present fiscal year. at the
last session. amounted to forty and half mil
Nonf. and nture to predict that this enor-
nous sum will not lquidste the actual demands upon
the mt during this period If there is not an
application from the Secretary Of the Treasury the
meeting Of Congress- for several millions of decienc
shall confess Ourselves greatly surprised and
taply such omission would be in opposition to the
practice of Mr. Walker at the last session his de-
nett ann united to more than fifteen millions!
For these various and obvious feel 1t our
duty the cry Of Repesl of the Tariff of $40
Our opposition to this experme MT founded on
considerations Of party but because knew il must
be ate pded with the most ruinous conseo TO
our labor At the time Of this writing the result of
the Presidential election s not known but whatever
may b. that result shall BOT in our efforts to
STRIFE from the statute book q measure which has
spread desolston and ruin over the land The tariR
question is political speculation and shall urge
the repeal of the British bill, which Expresses
every interest Of Pennsylvania with much zeal aud
determination under one President other. Let
rie therefore, prepare for repea at meet
ing Of Congress We have the power In the House to
pass specific duties aud just protection
and more than this have the power prevent ap.
prt priatop until the locofooo in the Senate
shs listen to the voice Of justice and the wrongs
oppressed labor Much as we deprecste such resort
andif influence prevail it shall be exercised