New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-02-22

would. in twenty years, overcome CT oountervau
this vast disparity in the prices Of European and
American Labor, 50 a. 10 enable us 70 produce
most articles az cheap here as they can Be pro
doced elsewhere-Dot BY reducing the reward Oh
our labor bat By increasing it, efficiency " e
hope never % see the day when American iio-
dacers Of Metals. Wares. o. Fabrics W. BE coz
strained 70 work 90 cheap ss taose q Europe ~"
DO bat We confidently believe there az INVENT; ~
and discoveries already made, ihouEn not pe1s1'
ed OF Hithia the immediate reach o. inFel'.'f
science and reni7s. winch WI enable the sam
number OF WORKERS % produce tTice a. much Goth
Iron or Wares IA year as they now DO "e do
DOT vaguely guess this BOT infer (, from the s'riaes
already made. whereby some branches o! Hone
Ipdss,~y. whereof the produce s q TIE fner sr1
more costly kind are yet enabled b. the s1per-
ortv 81 or processes and or artisans - .aa-n n.
Foreign competition These are as yet oxcep
tons. WITH Efficient ard steady PrD.ec-o- e.
IL twenty years which We have never .e. bad
SIX AZ one PERIOD xe should confidently hope
tina, the rsle AID the exception would change
places
-TbatFree Trade auo American rates Of " ages
are Incompatible Il you'd surely seem % need 70
argument ~ poYe, aug no-e than % srrue 70 p
gszer AZ Nazars Falls that Lake Enc les higher
than Lake Oa.ario. Whoever argues that TIE
price 81 American iron Tor example, . too mgh
mplie. tha, the Ircsn-Tnakers are paid to hish
wages-ior the prics Of Iron and the wsses u
Iron o,sker, mast and Do confirm the one o.
tie other Let Wages rise too high Tor Iron
fall zoo Iow which Is the same thing an
the production must step let Iron BRING pace
which would Justify higher Wsges 10 the pro
dacers and more capital sDd talent vi BE- o.
,raeted ~ Ir1o working, pcr ore be-s opened ues
f-zes and iuooces constructed, slI8rng away tic
best ,sorkn3eu from the oil WORKS by the Ir.
Of better positions and larger earnings. 1pul 81
equilibrium - restored between the cost OF prod
,on and the market prc.r by alsrge increase Of Ore
product outruuu.ng tho demand. True. a! tbs
will no. be effected IN day aud meantime tiie
men ENGAGED in tie business hsve an advsuta
aud reap srgc benefit but let the laws be hui
steady sud the Protection sraius; the importat.ou
Of foreign Iron. produced by underpaid Labor c-v
tain and efficient, aud the some production WI b
80 extended aud Increased under the stimulus o.
the enhanced price, that years Of cheapness AMI
very moderate profits will inevitably succeed
months Of HIGH prices aud large profits such IS
well known INV Of Trade, ia view Of which com
bination Of Iron masters TO enhance prices and IN.
crease their own profits because Of Protective
Duty would be Just az absurd aud futile as com
biuatiou Of Farmers to sell their Indian Corn o'
which none is imported OF our or five dollars per
bushel When advocates Of Free Trade there
fore, talk fippantly Of Protection as Monopoly and
a. calculated to build up class at the expense @.
the whole, they manifest either gross personal II.
norRnce or a Willingness to profit by the ignorance
Of others