Herald of the times. [volume] (Newport, R.I.) 1849-1856, 1849-08-09

There were l42 new cases Of Cholera in
New York Saturday and SO deaths
o. We take the following sensible article
from an Alabama paper. 1t shows that the
questions treated therein are beginning 10 be
understood at the South; and we look for
ward, at no very distant day, with the full ex-
pccta,on of seeing the Southern people advo'
eating jus. such Tariff as we have always
contended for at the North, with as much per
tiracity as they have hitherto opposed it.
[Ed. News
In the Greensboro Beacon of The 10th June,
appeared an article, rcpubished from the Pc
tersburg Republican, and headed 'ProtecGon,'
IN which the author states tha, certain ques-
tons, propounded TO Mr.. Creely Of the New
York Tribune, had not been or could not be
answered by him.
DEFEND upon it that the correspondent OF
the Tribune id no. pose Horace at all nor
could he pose any advocate Of protection, who
had bestowed upon the subject moiety Of the
attention Mr.. Greely has, by any such ques.
tions.
The Wings have advocated tho doctrine of
protection on these principal grounds.
ls!-To render this country Independent of
the old world, for all those manufactures tho
raw materials of which are produced in abuu-
dance here.
2d-To secure, to the grower and producer
Of the raw materials, certain market, inde'
pendent of Europe, whose governments arc SO
liable to convulsions and overthrow, and in
which as a necessary consequence commerce
is so precarious.
! To the attainment of so important objects,
one would sup ose, that those principally in
,crosied, would be willing 10 submit 10 slight,
temporary slcrfccs. But so far from having
been called on TO do this, the consumers, un-
der our protective policy, have seen the prices
of goods continually falling. This fall ofpri-
ces, under high and often increased duties, is
attributable to the following amorg other rca-
sons.
ls,. BY building up manufactures al home,
and placing their products in competition with
those OF other countries, thereby compelling
the foreigner TO fu rnish his goods al the low
est rcmuncrative prices, and often at sacri.
flee whereas, betc,c, il was in his power, of
which he liberalyavailed himse If, TO exact the
prices Of monopolist.
odly. rhe reduction Of prices, in consc-
quence OF competition, has been augmented Ivy
increased consumption and consequently ir-
creased sales /; | will explain this proposition
by the remark well understood by business
men. that more money (profs) may be real
lied by the sale of one hundred thousand
dollars worth Of goods, at an advance OF
twelve and hal per cent, than can be made
by selling 1000 at twenty per cent advance
Whence i, is apparent, that protective tariffs
NAV be an advantage 10 the manufacturer OF
the protected articles, without at all advancing
their price nay. when the effect is to reduce
prices. That they have been beneficial TO the
country at large, and TO all classes IN the
country, have no more doubt than Of my ox-
'istence at this moment. That the cotton plans
ter snoulu ueny lne Nlsuonl VI suOh P"h'y' 10
very wonderful when he knows tina, TO t
manly. is he indebted for home market for
! sir h,tndred thousand bales of cotton, the pur-
cl asers fwhich are competitors, in the cotton
maris with the European purchasers. lie
may readily conceive that the 6oO,ooo ba'es
consumed here, if thrown upon the markets
, of Europe, would still further reduce the al
4, rcady inadequate prices Of his principal dc
pendcnco.
- Very unfortunately this country is still de-
d pendent on Europe, principally Great Britain
/. for a market for some seventeen hundred
thousand bales uf cotton. What sad fall 10
prices will take place, when general war IN
, Europe. by many thought TO be impending
shall occur closing the continental markets
0 10 the cotton goods OF England, aud making
Them mere dlug a, home When this shall
: be realized, our planting interest will know
how to value the greater certainty Of homo
market, in our prcseu, and prospeciivel,
peaceful country, over the doubt which mus
u ever rest on that of Europe
y I, mus, bo subject of mucs joy to h'