Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1848-10-10
RICHMOND. VA.
saturday Morning, october I. 1913.
THE PREDICTIONS OF TIE FEDERAL
IcrC

THE PREDICTIONS OF TIE FEDERAL
lists.
In ls44 every Federal speaker advocated the
abomipable Tariff of 1912, upon the ground,
that the home market for -four would be roined
BY its repeal. This argument the Democratic
speakers met, by showing that the home marker
would not be injured by the repeal of the Iarln
of Is42, and that Revenue Tariff would give
us an extended foreign market, which woulo
ensure to the farmers better prices Tor their
-four. We propose showing how entirely Inc
predictions of the Federalists have oeen over
thrown. and how the expectations of the Re-
publcaus have been fully realized
The Richmond Price Current, for the years
Is43, IA, rs and as, about the goth OF sePlem-
Der, in each year, shows tine average price OF
-four 10 be under 81 So this was during the
blessings which the Federalists said The country
enioyed under their charming Tariff of 1872 =
The Tariff Of 1916 went into operation al Tue
close of that year, and the average price o'
-four at the same date, in lo47 and 1870 Is
fraction less than SIS 50; thus clearly showing
that the farmers have been ''runed," according
to the predictions of the Federalists, oy ge''i"s
dollar per barrel more for their nour 'hah
thew got under the Tariff of 1912, notwithstand-
inc the "rujo' they were promised by The loss
of the "home market in furnishing hour lot
sizing il they allowed the Locofocos to defeat
Mr.. Clay. They also attempted to humoug the
people into the belief, that "hgh duties made
low goods" thus illustra,iog their instructive be.
lief as to the want Of intelligence in the peo-
pie.
We present the following table, TO which we
invite the attention of both Wings and Demo
Gratis, and beg that they will test the correctness
of it, by comparing their yearly purchases for
l943 IA, AS and AZ, with those of ls47 and
'4s, and by reference to their sales of flour Tor
the same years.
Under the Tariff OF 1912, farmer who
sold 100 barrels oil flour, received for
it, say, $40 w
His yearly purchases cost him, under
that incubus, fastened on the country
by the Federaists, say, 3oo w
Balance in his favor Si45 90
Under the Tariff Of 1896 the same far
mer sells the same amount of -four,
for which he receives Soao w
He makes The same purchases Tor
which he pays 2oO w
Ralanc. in his favor s 95 90
Showing tina, the yearly benefit, 10 Inc farmer who
sold and bought under the two Tariffs As stated
above is one hundred and fifty dollars in favor OF
the Tariff OF 1916.
He moi only saves the fifty dollars in the way
oftaxes, bu, by being allowed under The adinira-
bic Tariff OF 1886 10 nave The benefit Of the 10
reign as we'll as the "home market" ne gels, as
shown above, a gfea. iuctease Of pay Tor his Ia
Dor.
Under the Tariff 81 1912, by way OF illus;ra-
ton, we viii suppose thai a foreign manuiactu-
rer had $3.50 worth OF cotton goods-say plain
cotton cloth and calico-which he wished 10 ex-
change with farmer, who might lso be meF-
chant, for -four: What chance, we ask, would he
have TO make the fade2 The manlta ,uref
would ask the farmer what duties his eorcrn-
mem, under The Tariff Of 1912, Iai! on such
goods as he wished 10 barter for his floar 2 the
reply would b-, that he duty was six cents per
yard square on The white cloth, AMI nine cents on
the calico The question wIali then he PAT,
how is The duty laid sad the reply OF he iaf'os
would be this: Our government has laid the du
" in this way: The plain cotton clJ;h, Il, III
custom house, is to be valued a, 30 cents per
yard, and dos Of 80 per cent laii upon ,hai
valuation, which praiuees q cents day; AM
the calico is TO be valued il The same way. Al SO
cents per ward which nakss he duty 9 cents per
ward. The manufacturers, on receiving This IN
formation, would al once say, TIA: he would he
compelled u keep ms goods, 50 Tar As Inc tam
er was concerned, az Inc duty was higher thar
the prices q which he woull be vi lin. 10 sell
his goods . Ia farmer, ami take his -four in II
urn. a. a lbs al price. AMI in turn, the farmer
would I'VE 10 look 10 his ''homc market, 50 lar
a, The nsnn!ac arcr was concerned, aud submit
q much - yer price FIR his flour than The ma.
nuiac urer was willing 10 pay him; aa!, al the
same time. buy his goods at much higher prices
than the manufacturer would have laken-thus,
40 far as ne was interested submitting TO The pro.
cess of bnrning both ends Of The candle a, tie
same time.
The same parties meet undee The Tariff OF lS46
and like trade is proposed. rne manufacturer
asks what is the duty on the same goods no@l-
The reply is d osr cent. on n market value Of
the goods ami ~: the dulv ouid b. about one
cent and qaar'er 10 one cen! AMI asli on hs
white cloth "a aoout2 cents on the calico. The
manufacturer fats that h can pay the dn'y and
take the lo1r IL ioerai price, and The farmer
finds thai H. eau supply himself with gools and
sell The b dance 10 his customers, as a merchant
al much over prices than hey hal been paying
him under ,ha, beautiful" Federal Tariff of 1912
and also pockel a much higher price for his flour
than The "home market" furnished him uader The
Tariff Of 1912.
RAIN OR SHINE, WE ARE DEMOCRATS!
There will not be any three days election in
Virginia the present year. According 10 an OPT
Mon oil The Attorney General, which has me-
with no opposition, 50 lar as we learn, The cleo
lion for electors 10 vote Tor P!esi ''nt and
Vice President of The United States, mus, az
ccriips 10 ;he &C OF Congress, be hrl! npnn he
Tuesday alter the first Monday il Nuvsmcer, 9TH
LAO I'D ,,,, ,hat d.v antv