Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1848-02-11

: 1870. ltts hts declared policy 10 pot down q
" ~ ductions OF American industry. Amer d
sn rival producis,' and give the American :
market to our foreign rivals" AMI these
re The principles sad policy optul, vowed c
" az American Secretary. and sane ned Wy q
N american Ftesiaent--to prefer the pro- +.
auctions of foreign 10 those nf American ia
,us'fy-to send our money. fifty millions Of
tolld's more than was required under the tar ,
u Of 1871. TO get the same smonnt Of rcven. /
,e. Aud why send this tiftv al %litional mil
lons to support and enrich foreign Itb1r. in.
,esd OF our own Why destroy the markets
'or fifty millions Of the predictions of Amer.
icdn agriculture and im,ricrn labor cnmhin-
ed, and supply its place with the productions
OF JoreigH agriculture and foreign laborl |
demand a Ttason Tor preferring foreign to A
mercah productions. ask our Presileu and
Secretary, why they prefer foreign hats. shoes,
boots, codts-eVey thing they eat, drink, and
wear-io those OF American manulacture7-
my they prefer foreign sugar. salt, iron, aud
coal, when our resources are abundant aud in.
eNhaustlbls. aud uur labor ready and willing,
Win proper protection aud encouragement, To
bring them FORTH But no This must not be
permitted. Domestic rival products must
not, says Mr. Walker, be substituted Tor those
OF foreign countries, and especially Tor those
oi England; for. saws Mr. Walker. il we don't
take more British goods. England will
have 10 pay specie for our breadsiuifs. and not
having II to spare, she will bring down the
price OF our cotton" No wonder this Re
port was printed in the House Of Lords: and
its author would appear much better edvocat.
ing such docttines before the House OF Lords,
than briore our American Congress. They
were British doctfines--not American; and
they must be 50 pronounced BY every true A
meucan herrt. Yet we are told. that Mr.
Polk Is ",he model President" and Mr. Walk.
ef, Inc model Secretary; and a pretty pair
OF models they are. "a liugh.) Queen
VIC would SUI, ly grant a patent Tor such
model Ameriean statesmen as these. But
let them look out. Old Rough is coming, with
his check shirt aud home made co t. to pitch
all these miserable models and British doc
'Iines overheard, 10 60 where they belong. 10
Her Milesty, or their friend Don Antonio Lo-
pea de Santa Anna.
But, sir, Mr.. Walkers o.,ensible object
revenue. He reduces dulies TO increase rev
enue, and this can only be done by increasing
imports in a greater ratio than the reduction
OF duties-ior instance he has reduced the
duty on hats IRON fifty 10 thirty per cent; on
shoes, IRON forty five to thirty per cent; on
read -msdc clothing he has reduced the duties
from hity to thirty per cent, on smith work
from siIty-one TO thirty, making an average
reduction OF more than twenty per cent. on
these articles. This will, OF course, dimin-
lsh the revenue twenty per cent. unless The
imports are increased in the same proportion
Now, why import two-ii,hs more shoes, hats
clothing ready made, aud blacksmith WORK
IRON abroad, and throw our own mechanic,
out oil employment, TO beg or starve, and give
our money TO foreigners by millions, wi,hou
adding = cent 10 the revenue-iobbing Amer
lean industry OF its just rewards, and giviu;
it to foreigners; and this is the way Mr. Walk
er iavors and supports American labor, tn
~"toiling millions
A DIALOGUE.
Suppose Mr.. Walker calls TO settle with hi
halter on the Avenue, Mr.. Tod. saying. "sir
am sorry TO leave you, but | must get IN,
bats from England hereafter, TO enable her Il
pay me a high price Tor cotton; but remember
sir, | am a great friend TO the mechanics ant
workinsmen, and particularly TO the voters;
would not Mr.. Tod be very apt 10 tell him
that he would vote for those who supported
American industry and American mechanics
Instead OF foreigners, and he would be yer,
likely to receive The same kind OF comioIl
from his tailor, shoemaker, blacksmith, anc
all.
Suppose Mr.. Walker next addresses the iron
the w~ooilen, the cotton, the paper, the glass
aud other manufacturers Of the United States
saying, gentlemen YOU must cease TO sub
sltute your domestic products for foreigr
goods; and TO compel you TO do so, | hav,
taken of more than half the duty levied b,
the tariff OF 1912 on the foreign rival pro-
ducts. y But why, they may say, Mr.. Walk
a. fbtt-I afr .. -.-,4 .1 A.
lean labor, giving our money and our market
10 foreigners? Why send millions of none,
abroad TO purchase foreign wool, and othrl
agricultural produce-breadstuffs, and raw
materialsin Disguise iashioned into goods
which we can oettcr supply al home, made o.
American agricultural produce, and saving
millions and hundreds OF millions of dollar,
TO fill up the channels OF circulation al home
making our W instead OF foreiga countries
prosperous? "Well there is some force il
this. But gentlemen" says MIR. Walker, 81
reduce the duties 10 increase The revenue. How
will you answer this, gentlemen The ans.
weT, SIR, Is PLAIN; these low duties never die
and never will increase revenue. The reve
nue. has always went up and down with The
duties, they being the source OF revenue. Ii
this country, where the revenue i, a poluntarl
and not a compulsory contribution, by the
people To the Government, the way TO make
d rich and prosperous people. Send YOU
money abroad, break down AMI impoverist
your own citizens, aud YOU OF coarse impov.
eilsh your Treasury. When do people pur.
chase and consume rich goods, paying high
duties! When they have the ability, when
they are prosperous. When do they abstain
When they are poor, and without money
II you wish, sir; to enrich yosr exchequer,
give protection and prosperity to your own
people. and the one Is always The consequence
OF the other. But, gentlemen" says Mr.
Walker. II have another reason Tor reducing
duties, il is to favor the 'poor-the toiling
millious-by reducing the price of their
gods" Well. sir. how is this? Have you
done II? You tell US that YOU have, by the
tariff OF 1886, reduced the duties on iron, coal
salt, and many other leading articles, more
Than one halt, and yet you yourself tell us in
your late official report that the prices OF
these articles are now higher, under the tar
III OF 1916, than they were before the repeal
OF the tariff of 1912! Can you explain this?
wei, gentlemen, not exactly-nol at this
moment Well, sir, will you d low US TO do
IL! "Certsiniy, gentlemen, certainly, IL yon
please. Well, sir, by destroying protection
AMI opening our ports 10 Foreigners, YOU alarm
eapiisl-you check investment-you break
down competition; aud you of course diminish
supply and Increase price. demand and
supply regulate price" Give protection, in
crease your machinery. start new factories,
stimulate competition, increase supply, and
you reduc. price. This, sir, is a law OF trade
as certain in its operations as the ebbing and
flowing OF the tides. "Well. gentlemen.
am not practically acquainted with these
matters. l am a cotton grower, ! wish to
make money plenty, and, prices high abroad
where sell, and make il scarce aud prices
low at home where | buy; | want to sell in a
high, and buy in low market. have not
now time 10 discuss this question further