New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1849-02-28


we imported e6o 6O4 bushels, valued at slO425O2
which with our reduced nd vsorem duty gave us but
sos 500 of gross Here We have an increased
i'm OF 100 OF bushels valued at i3 go and
stli falling Of u the Of s474 900 The same
result will be bad from the examination Of sugar.
In lsI6 we imported 66l pounds of brown 81
gar At 4- o. which, with the specific rate
OF duty % 6s 39l Of revenue. 10 l-4- We
imported 245 Dol III pounds. valued at se,9o3654.
which with thirty per cent sd vsorem duty, gave
s26c 0o6 OF gross revenue. This example gives Us an
increase Of IS per cent Of imports, and falling OF Of
&c per cent Ia the revenue These examples are sui.
cent 10 show that the reduction and substitution OF al
vsorem duties for specific all the great articles has
reduced rather than increased the revenue and al the
same time operated severely upon the coal iron salt
and sugar Interests Of our own country Our own
manufacturers have found themselves embarrassed Dy
the literal policy our Government holds out 10 for
eigneTs.
the imposition of ad vaOrem duty opens the door
frauds the revenue aud thus invites importation
on foreign account Aud the history Of our revenue
laws cOneusively proves hst the imposition OF SPECIFIC
duties tends strongly n give the mporistons INTO toe
hands OF our own citizens ~ the City Of Ne@-Iork
where about O. per cen, Of revenue is collected
this 10 literally Uncer the declining scale OF The
COmpromse Act foreigners had almost monopolzea
the trade In our large cities We have ottcis st4'e
ments from the Collectors Of New YORK thst IN l-f<
when the duties all reduced to % per cent ID
vaOrem - per cent Of the imports into that city rom
this side Of the Cape Of Good Hope, were on iotrlsu
account but under specific duties Of the isrln OF 4f-
tpc ilYvIir Ai4-rf Jul Pi'sVHt ~
eigners have again far TnOnOpOized the business
that Collector informs thst about - per cent Of
these imports on foreign sud OF course only sOou
% per cent on American account
The Committee also informed By intelligent ana
practical merchants that practice j. growing up sPe
cislly IA Germany MOTTO sel kinds Of goods 10
American importers When the agent Of an American
house calls upon the Manufacturer he ia informed inst
they DO not sell for American market but that our
merchants obtain them from his agent in New OK
This practice Only confines that trade n foreigners
Init oiv additional facility impose upon fDf
Collectors b. under ysusiions The stringent nstruc
lions issued by the Secretary Of tue Treasury Dec 20
l.i- contains conclusive evidence that he hnos II very
I'll M ult o. enforce his al vsl0rem system oil duues
This system according D. The tenor q hs INSTRUCTIONS
must depend for success on the appraisers In ths
case there aili be great diversity 10 the result Inc
appraisers in Boston and New York, In Phsde pna "a
tirnore and New Orleans would each esisbli'h dler
en-, price tn srdc o. They would naiuf ANY OH
fer from IL per cent on the value OF the same ic
and thus that provision Of The Constitution that cues
thold he uniform AZ all the ports would b. prsctcayvi
natsd The great dyautsgs 10 specific duties CONSISTS n
their stsbHty. The revenue will BE- much more relsDe
and uniform Some intelligent manufacturers declare
thai SPECIFIC duty Of % per cent Is equivalent 10 sn al
valorem duty OF 30 The duty upon article Is one
element In the price. and where that Ia uniform the
market s lees liable 20 fluctuations Where me duiy
al vslorem II rises and falls wish the first cost aud
so contributes 10 Increase the variations. THE viii y
in the article Of IRON tor example No article N
the market fuctuates than bar iron. by an cN-
animation Of the Liverpool prices Tor the last thirty
years IL will be that bar iron has ranged from
II los to "a l0s In January 1874 iron IL quoted al
IS 10 March, ls45 go. When the present IariH
went into operation iron could not be bought Ia Liver
pool short of 90 II be purchased for 10, 40
that the duty then imposed has practically been re
duced Que half To Illustrate the principle, take the
average of prices from $50 TO $40 per ton with the
present duty Of 30 per cent The merchant who Is
fortunate enough 10 purchase when the price Is so at
Liverpool the duty being &c. hs iron will cost bin go
IN this country independent OF freight while the mer
chant who buys when the price 10 $40 must pay : ~
..dh. lls 4rYft roo I'm la
medium that il 80. were assumed r. the duty, and
made specific the merchant who 20 fortunate As u
purchase ~ $50 would pay - duty, which would bng
II up 70 S29 while the othsr, who was compelled -
pay $40 would pay but 50 duty which would carry the
whole cost w TO SO IL will be by this example
that spechc duties tend u equaze prices aud 10 check
fluctuations In the market.
The interests OF the country require stability IN prices,
and consequently 10 the revenue laws. They do not
ask biz Of dsiy that the law may be permanent
While they eek that tho Tariff Of 1916 should be- modi
led they do not AK that the Tariff OF ls42 should be
revived They admit that IN many respects the Tariff
OF s42 imposed higher rates OF DUTY tnan The present
of the country requires lhs IN the Dehe OF the
Committee, IL the scntmebt OF the intelligent manu-
sctures of the country, aud IN this general opi0n
they fully concur The duties in the Tariff Of 1876 are
nearly high enough whole; but several Important
mod icatons seem TO bc require by The couniry -
Without presenting bill for which purpose they have
the necessary tune, the Committee propose 10 re-
duce repeal the duties on drugs and medicines They
would reduce the duties on raw materials where th'y
did In competition with our own productions
There are, however. articles oi raw materials
witch should be specially guarded among those wool
occupies 40 important place is due 20 tna, P"tu OF
OUT agrcultures eugHgrd IN wool growing tuht tul'
inefe. ia iuid carefully cherished Nearly the same
remarks VIII aIpy 10 hemp snd lie manuiaetufes II
&. no purpose that Protective duty imposed upon
hemp u the manufacturers OF hemp sdmittt d ~
rate go Low ss % give the foreign maru'sc'urcr the
monopoly of our market Iron is another imp 'rtabt
article where there may be some conflicting Interest
the produce OF the pig and bar iron and those
hp Them the articles OF manuac
ture There 10 another great difficulty in relation 10
iron M article in the market which has adehnite hNed
character s subject to such great fluctuations IN pfce
A. iron We would suggest whether there could not
be a graduated scale OF duty upon iron. Something
like this seems 10 be demanded If Nj vslorem duties be
retained.
Dlscninne the minute information requisite 20 the
framing of bin. would suggest that duties should
be spec nc lar as practicable. The present duty
upon cotton goods should be increased TO some extent
We doubt ih- wisdom OF the policy which snail bring
uto the country As It did st year cotton goods 10 the
value OF en- 100000 where we have the raw material
and all the facilities for producing the domestic stce
The duty upon coarse cottons by the lah oil ie42 was
unnecessarily high and sound policy does not rtqulr"
is enactment Not however that these high duties ac-
u-ly imposed any tax upon the consumers OF coarse
coitous The fact that these duties were prohioo
~ snd that circumstances drove our own manufacturers
the production Of those very articles, snd this do
mesc competition brought the prices down 20 the very
lowest living point We believe that the reduction IN
price has bt greater the coarse than on eng DINER
cotton eoods The Eastern manufacturers do not ask
The restoration 81 those rates. II the south and West
where cotton manufactures In their infancy ask the
restoration Of such they might be restored. We
DO not however. believe that they are necessary. We
believe that articles the rates OF lei2 might be
reduced more than half one third and on 9th
nth and still leave the manufacturer that pro-
tscuOn which would enable him o. compete successful
" with foreign fabrics II these duties could be made
specific from IS 10 81 per cent upon the usual
prices would PROBABLY be sufficient
The duty GA woOlens by the present Isrr il 81 per
and the present depressed state Of that msauisc
turo shows that II Is sufficient sus;sn that inter
e.' uness the duty could be- nado SPECIFIC snd sure
Mhe WOO. pays duty OF 3eper cent u seems perfect
y obvious that the duty upon wooens should be sbove
inst rate To this connection and a. part Of the wool
on interest, will mention ready made clothing l he
duty upOn this article hy the act Of i2 WAS ID per cent
and 10y the act OF sih 30 per ceut-a proper medium
hetsCon the would this branch 0i business
% the American lShorer. The duty IN glass by the
Tariff Of 1912 specific the classification not. per
hsps the most udicious and the rates on come articles
unnecessarily high Here should be thorough modih
cation and considerable reduction from the Tsrh u
lsi2 Il the duties paper were made specific, but
Aile Increase would probably be- required upon The
Sugar. IL smother article which requires
a specific duty sod would hesr reduction from the
Tariff Of lS42 OF from - 20 80 per Coal BY tbs
rar sct OF l>f2 paid 81 - per ton, which Is consd
cradle than Is necessary % protect thai article
While have iueNhausthe mines OF coal ~ This cOun
t-y II 10 the dictate OF wisdom thsf impose such
.nesrr duiy will D miners The Amer.