The Lancaster gazette. (Lancaster, Ohio) 1846-1852, 1848-02-04

976.O76-equal to $40. 1877 .607. year;
and deducting during each period the
goods re-exported. the balance against
the country would be increased TO the
sum Of S424. .455.724. And how had it
been paidl By two hundred millions of
State Bonds, sent to Europe to pay for
goods; mercantile debt of nearly an E.
quail amount, resulting at the end of the
low duty period. in 1910, al, and AZ, in
reputation and bankruptcy, State ma.
tional and individual throughout the land.
Yet we are told by The President and Sc.
cretary that low duties produce prosperi.
ty, national and individual, and especial.
Iy the prosperity Of the farmers and labor
ers Of the "toiling millions"
But this is not all. Take the export
from the import duties these ten years
of low duties, and it will be found that
the debt against the people Of the United
States in favor of foreigners is Sl76. 166,-
242. What sum of national prosperity
is here exhibited
Such is the evidence in favor Of Mr..
Walkers position that low tariffs always
turn the balance Of trade in our favor.
Such are the happy effects of his policy
of free trade.-Low tariffs always have
been and always will be the ruin of the
country. Let any man look at the scenes
of general distress which always have
followed the insane policy the ruin of
flourishing establishments, the mutiplica-
tion Of bankruptcies, the advertisements
of sheriffs sales. the destruction of credit
and confidence, the prostration of enter.
prise, the stagnatiot Of trade and gener-
al condition of discomfort and misery
which have invariably succeeded the a.
doptiOn Of these false and visionary theo.
ries, and he will find one of the best cri
torians to judge of their political sound
ness. And such, | say, will always be
the consequences of repetition of the ex-
pertinent. Mr.. Walker says that they
never have followed. say they always
have. Their whole theory is mistake,
aud practice will ever prove it to be; and
when it is put forth in the very face of
facts which every intelligent man knows,
it is difficult to resist the conclusion that
it is done to deceive, that there is an OBJ.
ject to be attained by misleading the pub
lie mind.
Again: the Secretary asserts that low
duties have always been accompanied BY
greatly increased export of fbreadstufs.
And he attributes the sudden augmenta.
tion in those exports during the last sea-
son, not to the famine in Ireland and over
the south of Europe; not at ALL but solely
to this model tariffof 1916! That is what
has done it all. Low duties not starva-
tion, have induced the people of the old
world suddenly to eat Indian meal and
call out for American beef. But | wish
to ask him-and put the same question
to Southern gentlemen in this House
this reduction ofduties is the thing which
has produced so large an export of bread
stufs, pray why had it not in the same
degree increased the exports of cotton
and tobaccol The export of cotton un.
der this model tariff Of our model Presi
dent has been less than the average ex
ports often years past, from 1885 to 1s45
What did thisl What produced thi,
falling off under this beautiful free trad,
policyl Was that. too. the fruit of tn,
tariff of lS46l Why has there been nj
increased export of cottonl Southern
gentlemen, cotton growers, how is this
And you, ye tobacco growers, how come.
it that, under Mr.. Walkers patent ma
chine to increase exports, the export %
tobacco has fallen off million and half
What say you to that? Was this the
happy effect Of the tariff Of lS46l The
Secretary tells us that the starvation il
Europe has had little or nothing to d.
} with the consumption there of our bread
stuffs; nothing whatever. Well, the star
: vation has ceased, breadstufs are down
and now the redonbtable Mr.. Secretar,
Walkeris like to he caught in his owi
trap! | tell you tina; in al few weeks more
the corn laws in England, sliding scale
and all, will be In full operation. The,
were merely suspended and notrepealed
during the famine; and now when the
famine Is over, aud Mr.. Walker /, caugh
in Sir Robert Peel's trap, the ccrn.law
, go into full effect on the first day of Marcl
t next, and then exports cease. the revenu,
, falls of, and Mr.. Walker will have to ap
peal to US to restore the tariff of 1e42, t
, replenish his empty Subtreasury and fee'
, the starving armies, civil and military, a
l home and abroad.
He next tells us with infinite satisfac
f ton that his report in favor of free trad
&. and British goods in 1S45 was reprinted
r in Englandj that "Sir Robert Peel raise
! his eyes to the light gfMe rath." N
wonder Sir Robert raised his eyes in as
r tonisr1ent. M wonder that he suspen
S ded the duties on breadstuffs, and le
3 them in to feed Ireland that was starving
: But, when that fit of starvation is reliev
e ed, the protection to British agricultur
r as we'll as manufacturers at one restored
+ The Secretary asserts that under hig
t tariffs The export ofbteadstufs has alwsy
J.. fallen of. The whole experiences Of III
:. past he says, establishes this general fac
It and he wants our farmers TO look at tn
:. fact. Now, l aver that for four years III
It der the highest tarfi We ever had-Imea
n the "bill of denominations, the tariff {
e 1S2s-we sxpurted to Great Britai
It England, Scotland, and 1relaud) a hwI
o dred times as much breadstuffs as we d
g during four years fromls35t to 1889, ,und
|. the low Tariffs or COMPROMISE bill Of 1873