The daily union. [volume] (Washington [D.C.]) 1845-1857, 1849-11-21
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Probably no system Of policy was ever asssilsd bv
such variety Of conflicting and contradictory anu.
ments as the revenue policy established by the tariff Of
s46 When the bill was under consideration. /, wa.
gravely opposed BY the monoposts on the ground tina,
inasmuch il reduced the dutes il would increas. n.
prices to the consumers Of ell products imported from
abroad The remarkable and truly profound proposition
that singh duties make low prices was then aayoca,,a
BY the Had sons the Stewards and navy other such en-
lghened inellecls OF the monopos school, and on ,h,,
ground the arfof 1916 was opposed From the following
extract Of letter written by manufacturer. and sd
dressed to the New York Express appears thai anoh.
argument equally a. novel and philosophical is urged
against the present tariff II is that the dealers in wool
compel the manufacturers to pay too high price for a
article. and hence the tariff should be repealed Thus
writes this distressed manufacturer:
| am perhaps the oldest manufacturer In the United
Sta,es-hsviDg been established In Bloomfield New Jer
sey from 1872 1893 and from 1875 10 $50 in Psae
Massachusetts,. aud from l6t0 l646 the Burlington
Mills, Vermont bun from that the present In This
place During the whole Of that period have been direct
H concerned In the woolen business have seen many
ups and downs and auctuatons In but TO be com
pared with the last three Year,, since the tariff 81 lSH
Why is il 80 Can have nosbng permanens In the
United States in rega I'd 70 90 important brunch Of indus
ya Al the present prices asked for WOOL manuact.
face OF these facts Of your respectable commsson
houses in New York (who have grown rich on tho downfall
of many manufacturen) have become regular wool bro.
kers They speculate in wool. keeping the prices up BY
boarding Il with their MEANS and obgc the msnufacnrr
either stop bis machinery and discharge his hands,
pay them their prices for WOOL and thus become subject
70 future and utter ruin. e
The amount OF the objection to the tariff set forth in
the preceding extract is, that the spectators buy up the
WOOL thus compelling the manufacturers TO pay too much
for it; and therefore. according TO the true principles Of
monopost logic. the writer concludes that the tariff Of
1916 is the of the mischief But did the tariff Of
1912 prevent "wool brokers from Specializing il the ar
tcle' We believe not And how was the manulacu
benefited except in the fact that it imposed no duty
and but little on fine wooe and thus The farm
compelled to take less for his prodat2 That, un
questionaby is the real ground Of complaint which this
manufacturer urges against the tariff OF 1885, BY ,hs
moderate duty which 1t imposes upon wool. II compels
the manufacturer to pay the farmer little more for the
article than he would have pay under the provisions
the act OF 1912; and hence his hostility to it. few
such arguments urged against the present tariff will
convince the farmers and consumers including the great
Of the American people, that il il the very kind Of
tariff they want II enables the farmer to sell hsproducu
higher, and the latter to purchase the articles they need
for consumption in their families lous, than they could
under such tariff as the onopolists desire to impose
upon the country. "