New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-12-12

federscy 49,.
Congress representing TIRE seysfA stAie. q Us
rn.or perceive row luxurious YOU'D p ne r-re' "
T- - --~ r-e .r.r .rs 0.sr interest s11 fraf of a-
the S-a,fs vow trade j. not geozrspn.cal OF pli's
au1 j. Congress 1f Delegates rom Fl . ~ 49,
ssseua ed trey would son perceive tl-i -.ilirlr.
vr.. n.- that q, Wa not local 1lt international and
thlt Tsrs ty one Or more ns-lns oI ilt F-l-..s %
1t1.rs were Jest - in furious . -ich sll io T.. IA
as would b. Isri- IN one STATE US " Pl----.. =
a4 ile ofler states oi the Lulon o. iDs- ~ -
Con -ass rf I'D nation. rlirz rom ln. o. tie
tr.ir several Iarf acre discussed -ll lltf 20 -
fe cts a.n each and every other patton 1eiile
tle ~hoe protective system tnfllslp-i iNr ~.l--
would fsI before tie .lf lf slcl AZ .lttsi--a.N-
Whenever ire avs ri Nature are pey oni il. le-.-
nan. there q perfect order under me aie1..l :. -
mi -hf7 power 1-t Ehenerer man can a.'-'o $50
law. cord sri ir-lrv are % ens-e ~ r.ltn
ire .un snd the countless systems wheeling tnrllsu
universal suare move onward ~ perfect order ard
beauty bat even tn harmony OF the PEI 49, 49,
b. disturbed u the esis-sr1n % n.-n eu--l -
and street. me isWs d Nsfurf- Ire la--'A --"7
which coutrol trade between nations sna reg .1'' .
relation bsrEe-n capital and prolis 90 tne one
hand and wsEes and la10r on ine other are feiieet
feet srd harmonious and the avs oi man Wlicn
would eject a change are Always inl iIlols. ~ az"
of Political Economy are Fixed and certain Lt' ''t"
clone j. ai that $ required oi man Let at llits--
t0rsf exchanges of products move - freely n Their
o-tr- 81 the heavenly bodies in their spheres. ard
their order and harmony WI be "a perfect ana in.f
rrs-lts as benflc-A ss in every movement ~-i-- '
ars OF Nature wien unf.tlrhed by the errors ana l
reference oi man.
rfls-.r 4. dear here and ov abroad 10 she exchange
nf products W. et more OF theirs Tor smaller amount
of ours and gain By the exchange Inc enesPhess az
fsre IN rr is an argument IN favor 90 exchange "tl
them. Thus. 10 We concede - o. lnrus inst turpf'
from chesp labor could afford o. sell tNo yards iof
"a had one would cost here would De- our ihlfFt-t ~
rur-ha-e from them A. the reduced price But accord
inr o. the protective theory the cheaper ne foreign a
Dor and the lower the pnce % iis product the more
slost exclude them by high rates 90 duiy 10 iae
sh-ence ~ duties We will exchange our surplus pro
duets lr their cheaper fahTcs snd our labor oene ap
Piled 90 tie production 81 articles thus exchanged
a.roaf pazes gi Dol enhanced here by obtaining more
extended markets tor oar products and setiins iof
them greater quantity Of useful srtc.es 30 over pr
c-s Dob the absence of Tariffs. the division ot i71of
would bel according o. the laws c nature 10 eAcn nato
and The ru US o each would thus he changed among
ins whole each employing ts labor only IN the il ~
productive pursuits snf therefore the gate prrs
would 1e largest 10 iaoor were 30 o~ Do any foreign
country that they could furnish 20 goods az simo-t no
rfrs uricss 4ld these cnfag articles such as ~
wanted here would be- our interest 20 purchase them
10 exchange for our products and the cheaper The 90
rei-u srtces the greater would BE- gain IN the TX
change 10 = strange objection 10 the purchase OF
foreign articles that the price il too low
The argument thst W. must encourage our infant
Manufactures always fsllscious for they would
encourage them-elyes soon The country was adap-
Fed On them. But they DOW infant Manufacture
have called them i1r sixty years. and vii hey
ever be- infant Manufactures until Weaned from
legislative protection
On zee IL OF February next the markets OF Great
Yr.fa.n vii be- open O. brradsfl-s % nominal do
rs shau Ne enlarge the markets for our products by
selling them o. Great Britain n the only Hay n which
she ca1 purchase aem for series 90 years ~ taking
n hsn-e such c her fabric. az she car ell io 10 az
cheaper rates thar can make ttcm IT. fle itrm-r
.r psntrr tns j. just qusr whether 1e snsii nave
f. rr.fxats or one or neither he shall sell ~
bod he- price les and Al lower price u . De- our
Interest shut out Brush fabrics 10 would be theirs fn
renew ,heir Corn Laws and exclude our bread'tuHs
from their markets
u : sa.d mat other nations vii take our pro
duets u exchange for their fabrics but with recipro
cd Frre Trade they must take ihem by The universe
rule that the purchaser will buy the cheapest articles
with ut inQlirng whether they were inside A home or
s1ro-d To force industry hy protective dutesinto
lees productive pursuits hy doing these exchange
Q. % Increase the OF labor and diminish ne pro
ducts In other words 20 force our workmen TO labor
more md receive less.
The people Of the Union as consumers pursulug
their interest % lest 20 their own choice untierd
nv Station VIII purchase the best all cnerpest ara
ces Bar this Il restrained y isw and the consumers
compel e6 by high duties, o. purchase only or chiefly
domestic articles because IBIS 10 is said will encourage
Home Industry But the foreign import has been pur-
chased by some domestic export The barter mey NOT
been direct various fabrics may have interviewed
b lis OF Exchange may have been used. OF cola may
have ADJUSTED occasional balances but In series OF
years IN the aggregate international trade De- our IN eN
change of products Thus, the foreign import being
exchanged fur some American export. our own home
INDUSTRY which produced that export has been better
encouraged than II forced by law into some other pur
suit rendered profitable only by high duties
erIuI.yurnf +. ofren puisd 10 the Tariff But 10 10
Boz conceded that the protected articles are thus en-
naucri this additional price paid By the consumers b.
much capital taken from them By the Iarir % the
TOD extent of the enhanced price, which otherwise
would have constituted fund i.f the employ mcnt OF
labor aud the payment Cf wages. IT, then anything l.
..ined n the enhanced price by particular branch OF
industry t b. ~ the expense 90 al others and must re-
suit in diminuuon % wages, depending as they DO
the aggregate prohi Of al The capital and labor % the
country and not upon that employed 10 any particular
branch of industry.
Thus While wages may be temporarily augmented Co
some pursuits favored By law, they diminished 10
al others and the wages 81 majority OF labor
ers would BE- reduced snd finally 81 all From the di
minished aggregate capital then follows dminuuon 90
the aggregate wages paid 10 4 nation. vast majority
u the labor 81 tbs country = employed IN agriculture
commerce navigation and the hon protected pursuits
and these depressed their prOis are reduced the
WAGES of those employed ia such pursuits JAIL, many
are thrown out 90 employment and thus general fa
OF wages cnsue-lhe protected manufacturer eventual
y Obtains labor Al very reduced rate The eject 10
Protective Iarf u Truth IL not 90 enhance wages but
20 depress them. aud render capital Invested IN manu-
factur-s more profitable ~ enhanced prices 90 The pro
tective fabrics Wages thruu ghuut tie whole country
become lower than thry were before, because the
cregate profits oi the cspta Of the nation engaged 10
al 10 industry l. diminished W-ges ln one branch 0i
Industry cannot be- hi.h hen they are low u All others
fIr wakes Ike al other commodities, unfortunately
WILL soon End the same level The aggregate profits
of al the labor 90 the country and not o any partcu
r branch o industry constitute he fund OUT OF which
aacc. paid. AMI Do that general fund j. reduced 1y
diminish prCrts-Wage- thguug bout the whole country
eventually isL lf then the -reat mass 81 labor ia
this country srd of capital j. invested 10 agriculture
commerce. navigation. and such branches ci industry
aB require protection and these pursuit Injured
1y Protective Tarf either by diminishing the market
or tlc surplus raised By those thus employed retuc
ng the pnce of what they sell ~ compelling them o.
pay more Cor what they buy, there must be 10 time
general ial oi wages throughout The country even Al
though particular bfnch oi industry may have bern
rendered more profitable by Protective Iart This
dltT then. instead Of protection. Is laN upon toe
whole Industry OF the country Invested IN Pursuitsr De-
Qu.r.ug ro Tariff
Nor is 10 any mitigation blt sgcrayaton 90 the
evil that some other nations impose high duties 1n
their o~u consumers Cf foreign products The iof.
1n duty may or msy not prove Injurious % our iudls
uy. Do ihrAmercan article . sill in some cases sod
abroad TO their consumers price enhanced b. their
duty the Injury may have been to that extent o thrm
only and not o. Us bat When by Nay 0i relieving ls
this ilry whether real or imaginary Ne Impose
tax upon cur own people as consumers BY compel
Ing them o. pay hsh prices Tor foreign products y
hsh duties We only sugmenf the evil Reciprocal
Free Trade u best for 81 and reciprocal high duties
worst vs. hen j. said q fore "a nations tsX our pro
dlce By high duties. must theirs In the same
manner forget that their duty foreign imports
is.Is manly GA t1e.r own people VINO purchase -uch
ports. sni q. likewise our tay on foreign import
falls ch'ety on our oNn people who purchase tlem
Lei Ls bus such mp0fts as We desire, - i0~ prices
and be- 8 ..f e