New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-03-07
Free Trnan and Prntertian.

free Trade and Protection.
The .Asi L0~s0s Qse5f',ly Rerislr or Jan 1851
hss an she article on Free Trade. showing the
operation Q. what are called the Free rrsse meas
ures o. inc present Ministry in power IN Greet
Britain Ga the iaGassy AMI ether grcAi Interests Of
IL, Ua::ed Kingdom. We think it quite poss 30
.haI the writers for the Qs.srrs-iy and other aGvo
Gates q Prossction II England, overx'c ;he evils
which have been sRi may BE- proasced By no
measure, which have been alcPscd By tee British
Parliament ander the au.pics, Of Sif k.Sers Peel
ana orc John Russell within the lsst;ew ears. Tho
meas1-cs We Ai.ais 70 are. thc change n The Cogn
Laws BY wach Fc-e'sn Bread STATS are admitted
Gres, Britain AM ireland a, low rates Of duty
the withdrawal Of Protec,oa fton Brush Nsaa-
tsc,urc. Ani :As repes O.. he Nav,gs;ioa Laws. by
ah!ch last measure the shipPins q oceig, nss'ors
United 70 fsce competition WITH British vessels.
The question 0. Free Trade. itmsy b. remarked.
8 quite differently understood in GreG, Britain snd
IN tie United states. There II IS ,cii Ald endcT-
ssood By POsec.ions,s a. calculated n break dowa
the Agroe.tars. Interests or the ocneG, Il those
OF Manufactures ana Commerce. here, ia tie United
states Free Trade e undenso1d - mean the break.
.a, DOWN Of our Manufactures by admitting. roe II
duty o. a. low rsysnas rates, the Manufactures Il
othss ooazsucs. Brush statesmen Gni winters GA
political economy are well aware that their Msa.
gsc,urnS interests stand an ~ firm basis. BY
tie Accumulation Of cspitai daring ong series Of
years o; P'c,Sc,.on and by other advantages they
possess, 20 fear foreign mpenton. and this "a tho
secret OF the willingness of SIR Robert Pc. Lord
John Russell and other sivccates Of Free Trade.
u withdraw Protection frvn long established Nan.
aiactures particularly Such course aet3ly
pursued they confident, holds out a bait O. oh.
ernaton, - 10 hAeNise This 81 course extends the
market Tor British Manufactures, as is particularly
shown IN the increased importation Of that class Of
merchandise inso me Uated states sarce the mrli.
6ca,ion o; our Tariff in ls46.
The QsGrierly Rericr. in tho article referred
to. cephes to recent speech Of Sir Robert Peel
on the state o, the Nation in which that Baroncs
sets orth tie boaehts he oonceives the British ma
uou ha. derived rom the adoption OF the soesled
Free Trade measures The writer tanks that
the lormer d.hercn,isl duties on raw materials in
rsvor OF the Brush colonies shoald have been con
tinued. &c nark,ng,
we may however De Pardored sor ssPrcaslrE con
'icgou tat % ncde ae day ga been 81 ON ocesa
grown COtou from which that u Co.2nlal grown Al
been exempted. lodi would ~ this tue AVE pnal~ced
Cotton equal 10 the bes' sea Island gro~' Of Anenet
and souui have heard, have late done, q
rise In me raw material eosing mills or compelling Wcn
q work short lime"
Sir Robert PEEL continues the Reviewerl
refers to our own vast exports Gad asks, Ii
ths be nter.egencS-il It BE- no, positive aIdi
ton 10 the comfort and hsppinss; ct those comma.
mites with which We deal. where is the dehnqGsn.
50 enormous Great Britain We Gist AL.
swer thst there IS no charge OF delinquency. For
a nation 10 taAe from abroad manufactured ar;i-
ces when she csn produce even at an sdd'touL
cosE a. home. is egregiOus oly,-but II has rot
We been alleged 10 DO a crime. Sir X Peel may
howcv-s. judge how nearly tins innocent
Free Trade approaches ~ delinquency a 10 wall
surn his attention to the correspondence between
me Governor General OF india and the East Iadla
Company on the subject OF the Dacca weayers
Ho will there ind ], stated on tho authority OF tho
Governor q eneral. thss
som. ear. ago the Eat Ind Com ssny annually
csyri az f Iutlos OF lie loom, ~ lcis 20 DE nuount
r,.ni ~ .laay il and hs. low ceased auogsbcr IA.
opcen skn ard machinery have superseded he priuce
49, ~ india ,-su' sIrevs, loa; AID re- psssssf ,ysysg 10
sI .. Iad'a scarcely 70 b Ia,'h'sd ~ tAs
hsigrg y coD@"es'.
Perhaps, .saysthe Quareryl tins instance may
hereafter qualify the opinion that the Interference
referred to must be positive addition 10 the com.
fort and happiness Of 'aose communities with ~h.ch
We deAl'"
We have given these extracts from tie RcriI-.
not Tor tho purpose Of showing that tho United
States are IN the same condition India was with
regard To manufactures. before fhey were pres.
l.. =
aware that We have many advantages arising lrom
or sklN 'rd machinery: but No desire 10 draw
attention 10 the tact that iho British possess many
dsantages over US. which will enable them to
break down oort9in branches Of manufactures, Il
Protection should be Withdrawn, and they shoad
Consequently be exposed 10 free competition
The superior advantages OF tho English manu-.
fs,turcrs over are mainly in capita. the low
rate Of interest, and the chespEe. OF labor. IL Is
well Known that, while abundance Of money msy
10 obtained IA England at per cent pcr annum
IN THIS country the average rate on good business
securities is not less than per cent. The price OF
labor. not only among the operatives employed ia
the manufactures but among baildeTs, laborers
snd others employed In the construction o, buildings
Tor manufactures, Is al least 6ity per cent less IN
England than IN the United states Labor may DO
said to constitute about oDshaf the cost cf manu-.
isctared articles. Thus we see 10 tho items We
nave named, why il ia that the English arc ensblsd
% beat CO, as ~ chsspnsss IN go many articles Of
manufacture and Why cur Free Traders in this
country, who tell Ne 70 rely on our own skill and
tndus.yy, are particularly cautious aot 70 sdyen.
tars their capital ia manufacturing enterprises.
To show what would be the effect OF complete
system Of Free Trade, by which ths cheap labor
and capital Of Europe woald be enabled " pros
trsts our principal manufactures In this cooatfy.
lot u ooh a. the annual amounts Of these great
interests il the United States. and the capital
employed tbersin tsn years since, according TO the
Csn.ns Of lsi0.
Vsu. C.pf.l
fssfJ laFss1d
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