The New York herald., 1850-06-07
TARIFF OR NO TARIFF The cabinet organs, 10
echo TO Mr. Secretary Meredith's report on ine


commerce If the country, are still dealing largely
in vrgue conjectures, with an occasional sprnki' c
of feurcs to excite an apprehension that " >e are
not prosperous under present system Il duties
more erroneous conclusion could a, he arrived
at. from The observation If the. general facts
which stare Us in the face ca which side soever
we turn. Excepting the Oppression in the iron
distrcis--a purely local depressioa--ihe Whole
country Is IN yfosper ous condition; and the only
apprehension is, dat we are likely TO be in
plethora q prosperity, such state as will cause us
10 expard sLd expand, ill IA revuison ensues. To
guaio seainN this, which the recent California
n'vs seems to threaten as already arrived, We
bdve urged the necessity Of caution in our relations
} with The trsde of the Pacific The immense i'm
pcrus given TO exporting enterprise has already,
in lis reaction, been injurious to those who had
calculated on The stability OF prices at Sa Fran
cisco AID nothing hat the general prosperity o.
our home trade could have supported That revul-
sion batter state of things now exists The
gold Of California is looked upon, il should have
been from the first as purely conlmercal pro-
| duct, and like any ether largels IN demand. This
would have saved many erroneous impressions
touching The general question of profits, and would
have sooner brought prices down 10 something
like natural level
The course ,f exchange furnishes US with the
index Of the results Of our prosperity, wai'e the
| great increase in the revenue, and The amount OF
our exports, help 10 arrive AZ reasonable coaciu-
sions. Oar great public works furnish rs, also,
with the fact, that the internal business OF the conn
Try has increased from eight 10 ten per centum on
that of last year, and about Ety per centum on the
three preceding years. All these things considered,
with the fact that We have had no drain Of specie
upon our ket, shows remarkable prosperity
under the present tariff Incidental 10 this prospe-
ry and Arising out of it, are the demand and prices
for American securities in Europe. These sensi-
bly, keep the of exchange at point where
the index is firmly se, towards The general sound
ness and prosperity of the country.
Such heing the naked semblance of uudoubted
facts, how preposte Is il for the friends of the
protective policy, by culling isolated instances of
| depression, 10 attempt 10 show necessity for
change in the taiii. In spi OF the movements of
| the factolies of the Esst-now meeting with vigor-
| Gus competition al the South-and OF those lnte-
rested in the iron MINES Of Pennsy yauia, the
try at large is doing better han il could hope
to do under .rii of pecifc duties Forty or fifty
vessr' come iulo port laden with iron for
RAJ uut we pay for this in kind, with our
CO . $3.50. cur -four, and other staples; ani this is
| o.. may prosper. 1t is too much for those
Interested in iron mines and furnaces to ask
that The general prosperity of the country should
be jeopardized by any tnkering Of the pot
which holds our susenance so perfectly, and
which may be made to leak by foolish meddling
The people are satisfied with the present system
II lie a reasonable one-supersedes all desires for
smuggling among respectable men, and probably
would not he better for any change, or even mod-
fcaiion. We think the cabinet had better give up
the tariff as the idea of past generation. The
people will apply all neednl remedies by increasing
the means Of competing with England in the iron
business, while The English iron masters will be
obliged to 10 natural prices, and net depress
| th. III for the sake Of destroying our furnaces
They beginning to feel the effects Of their folly
already, many Of them having blown out their
furnaces" We must be pliient, and the iron,
with every other interest, will prosper. We want
new tariff.
FASoS AND TIE OPERA.-This is the great sea-
son Of the Opera. IL will probably surpass in
bIilliancy, the very brilliant season. that
was marked by rare combination OF elegance,
wit, b-nuty, fashion aud intelligence. We per-
c.ve return TO full dress-he style that ruled at
Niblos in the spring, not being suited to the present
season As in London the full Opera season is ut its
1 q
cent month. Fashionable Southern families and
diplomatic circles already moving into the city
TO enjoy The great entertainments known to he in
preparation. Signor Psdcr, great genius in his
line, has done more TO settle the Cuban difficulty
Than ever Signor Clayton could do! even with the
whole navy of the United States at his comm md !;
for, with his single troupe, he has done more than
all the troops Of General Lopez, and is likely to
carry of fron New York NOR. money than the
| brave invader did from Cardenas. All this Is 10
he attributed TO his superior skill, by which he Ia
bringing, M II BY the influence of magic art, all
the dpIomatists from Washington around him.
Among these, Sir Henry Lytton Bulwrr, with his
lady, will soon grace sofa at the Opera. His
literary character, ss displayed in his book on
france, in which we fst became ac lua aintei with
the true character Of he socialists and communists,
and his diplomatic l-ii.r ~ Chaits Ia, are monu-
ments Of his varied accomplishments. lie doubt
less enterisins the same opinions of the benign
influence of music on the people we do; aud his
presence at the Opera with that Of hs ami .hle aud
Icconplii he'd lady, will be highly gratifying to hrs
buinerens admirers. We hops both Sir Henry and
bis lady will come coon. The ladies have decided
To throw of their hats in expectation
| Don Caidsron de la BaIcs, the Spanish
! Minister, ought To come on, and he will do 20,
We suppose. Ills beautiful lady has such dis'in-
guish,d literary and musical taste. that a great
! s,ns stiun would he created b. such movement
4 Perhaps much ben.fi might accrue to Cuba by the
pietence CT the minister here The great facts a,p
periailing To the invasion uiay be fouud oui here
sno much m,y be picked up that would be useful
in gaining full Indemnity for The acts of ssoiiaton
/ p,Ipeirsted upon Carde,As. The Spanish M,ai-ter
nust by all means. or, If he Is too busy, per-
hays hts lovely representative will honor ~ and
the Oycra. There y also IN hiile desc 10 = the
Rus,i4n alni.tci. NJ. de Budisco. since his return
fom the dreaiy and unmusic, w,lds of siberia.
lie, with his whole suite, might give u come
practical ea,npIiiicatou @: Russian patronage of
musical ait, al which we have heard go much
through the DewsreIvrs We fally expect him.
AID i,at- .bould be- reserved ~ oace by Sxnor