Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1850-10-04

.ln assuming in table A. S94 ST. the total tax from
gross and enhanced prices, estimate has been
mad. of the adiion tax imposed upon tree-!ouTs OF the
American people constituting the unprotected class, who
raise hrec.iourths OF the annual products by the dinashed
price III productions from the prohibition restriction
of their exchange foreign markets. The truth Is that the
enhancement price ri the protected articles is about equal
the Giauis.l price ot the unprotected. Wealth may he
transferred bat created by LEGISLATION. Ii IS labor only
that wealth. and the operation Of the tariff adds not
L. Tie aggregate wtait OF the country because does
increase labor 1t only transfers IL profits from one
class another and the enhancement III price, the one
hand is iict correspondent reduction the other
rc evidence attached 10 the treasury report clearly
abi-he> by numerous witnesses. the following positions:
"ls That the profits OF agriculture unprotected, less
III n oHe-ittif the average profits OF manufactures.
Oily. r.a the PRICE Of agricultural products and the
profits If agriculture hive fiilea very mach the Tan
of lSia compared with the profits and prices ri minuiac-
lures.
"3iy That the profits of manufactures have greatly
enteG since Tariff of lSi2 whilst the price labor may
have appeared augment in particular places has fallen
in others ,nd the result could he otherwise for if the
profits of three ouhs OF the people raising the unprotected
articles are reduced by the Ia equal in the
aggregate the augmentation OF prices and profits nccrung
the protected class throughout the Union,
far the price of labor concerned depending npon It's
profits would least be cquazed il: inbred were
iuced by the fact that -etonrihs 81 The product Of 1nc
ricaa tabor unproeccd well thee-iouris
people by whom the unprotected articles are produced"
In Secretary Walkers table above inserted find that
Massachusetts Connecticut and Rhode Island the only
States boast OF having lar greater rdine oi their
productions csed under the protected list than falls under
OF articles. w hie the three
States OF North and South Carolina and Mississippi They
exhibit an overwhelming value OF their productions under
the unprotected list while those under The protected
very SmdR fraction uf their products In New York,
We find abou, fourth OF her productions protected
and ONO ons about oil her products prctec
ted The great protected classes reside in Pennsylvania,
New York New Jersey, Vermont Massachusetts Connec.
cul aud Rhode Island This idea of protecting American
manufactures sectional and class interest question;
sectional because ot a'ed in immense proportion in the
Nor.es, norton OF Union; and class interest because
all other departments of labor and enterprise we'll
ptil required by law 10 tribute u this government
bantlina.
The authorities as wei the facts have adduced clear
" and concusvey prove that Tariff protection would
greatly dg9rarute all the unwse and clss and
;iona legislation. which, even now under Tariff,
upon consumption and the other great produ-
cling departments for the emolument of those engaged in
manufactures IL is shown also that hree:fourths If the
productions o American labor and capital unprotected
that they Jared the SIS 74 405 per
gagged in manufacturing These facts the protective
policy, in the language Of Secretary Meredith mqnssty
unrise and Unjust As regards population -flrts
cf the people derive advantage from imposing high
duties 10 encourage manufactures, because they fol-
low other pursuits, and, consumers, taxed with
high prices whenever they purchase goods and
ducers of agricultural productions have submit
prices owing restricted commerce which by diminishing
imrotations impas greatly ability find good
market either home abroad for agricultural stala
Thus again is Secretary Meredith right in declaring that
noiine be destructive IF the true interests Of the
country than such legislation" Therefore it clearly follows
the foregoing facts and authorities that in laying
pests and duties the great sn of the advocates OF prssc