Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1850-01-04
RICHMOND ENQUIRER.
WEDNESDAY MORNING. JANUARY 2.

WHO PREDICTIONS AND FACTS AS THEY AM l,,
After three years working of the tann oil io4o v"
ike 10 know what has become of the 'paupcr apor pe
hh h ,yb;a leaders predicted would overspcad anu rum
Tho country if \ revenue tariff were put in operation we
r,;nv do not find that such state OF things exists III m
enor, of Secretary Meredith far from it we observe w
rho aDeorness of our abor is one OF the circumstances
nfrorohe TO production in this mighty country Oh QUITE
He says: ,,,
The circumstances favorable 10 proaucaon III
~ Ia a,ad ~ he. Isl Facility in procuring raw
"a Abundance of fuel 3d. Abundance OF iooo aha Ih
articles necessary for the suseranee M" ih n comma
rer 4h. The superior efficiency Va "'e
risop with those of other countries. cox,bl. N mr.
"The circumstances supposed " oe "'''D'
production may be thus cassed
"lst. Want Of capital orno rod with that of other
countries tho influence Of violent and
| excessive fluctuations OF price ID ''ie 'S ~ - $3.50
duo foreign competition. ,,
We dare say, old fashioned pohtlcai ec'ho's "o"'
assert it as sound principle 'ha WHICH ea' ',1 ,.,
branch of indurtry Is from natural causes ie""o' WIN
good prces for labor and abundance OF the
life such state Of things had best not he tnserea VIII"
Not so however with this new light OF poh'ca eeoo'
as the above "supposed favorable ana unaVofaoc
stances" touching production would SNOW
We have seen the head and snout OF the anai pfcseeo
bv other Federal leaders who acted as shownlsn IN 'he pace
1
f ,he FIJI, yow he presents His special pleading cannot
.once, rho fixed fact, that his desire is TO make all oier IN
dusral closses nav tribute the Cotton lords anu oc
monopolists What makes the dearness Of fa'or oil "hc
he complains? Certainly other than the very ha.u'a
cause that the great heart of labor in this country Ascu
,e novs GOOD reward for labor and hence the ability oil
all minor interests TO reap Ike reward for labor
The great agricultural interest of this country looks 10 the
markets of tho world find sales for lis mShiy poouc
,ons and from that circumstance we never hear any carp
in about the difficulties it by having TO sell in
markets, with the odds OF nper iaDo asa'hs' ITO u'"
| ness of its own labor.
There ia moi lord of the loom who not know that the
HIGHER IN, tariff raised the greater the onpowor becomes
in his hands To control the price labor in the country
high protective tariff cuts oil many OF the buyers OF our
agricultural productions which necessarily lessons the
ue agricultural labor and tho cotton lord feels iu saey III
ordering reduction Of wages First because the decline In
prices of agricultural labor will hold ont no inducemcnt 10
the operatives seek that channc and again because the
pauper labor Of England will be left 10 starve there oy the
operations of high protective tariff or to seek employment
in this land Of pleniy of the two alternatives nc ieels
sure that the latter will be embraced and he chuc,s with
the delight that ayaricc brings the idea of yet further
reductions in the price of labor and Of increased profits to
himself by the competition which will spring up from the
"paupcr labor seeking employment lower prices than he
had previously paid
1t has been stated by close practical Observers that from
ninety to nncyvc of every hundrod who engage in
commercial pursuits in large cities fail OF success and
vet il never has been assigned cause for this that was
owing the OF protection tho part OF the General
Government We notice failures in every branch OF in
divdua industry and of these excite tho bowels oil
COMMUNICATION of the Federal leaders, just let Of their
pcs in which some millionaire friend has an interest," break
down. and they lungs believing against the tariff
h.;p tba off
ono would suppose that would be much better investment
to buy the paper of Tttebat Timouse ESQ., after he had
lost his ten thousand year. than put capital cotonfac
tories under the operations of the tariff of 1916; and this
too in the face of the c that new factories have been
built, and in successful operaon since that tariff went
into operation and of the old factories have divided
above 10 per per for the last three years The
developments of free trade under the tariff 1916 rapid
" making another obsolete idea of great Federal Wing
principle
To use the strong language of the New York Evening Post
This plea of taxation tyranny, s put forth under the
false pretence Of protection American labor 1t is not TO
Cen Tayors Cabinet that American aborer look for
tectionnor 10 Congrssnor the favored mopoposts who
mako use of their name but the universal law of trade
of which freedom essential part They do not look in
vain this moment under the lowest ta-tho scale of
wages, agricultural mechanical mining and manufacturing
u.s. say higher than at any other period"
1t was the increased of intelligence amongst the
touching the corruption and dangerous tendencies
of United States Bank which led the Wing leaders vote
such an institution "ohsoete idea" and the same in
crossing of knowledge touching the operations of
protective tariff will make that policy more obi
Gus than the United States Bank.
The Sub Treasury will gain confidence and strength from
the slpshod and sury dynursing it receives both at the
hands of the Regency and i,s separate Eighth part
In neither quarter is it spoken of npprovingy but ii will
gain strength from the fact that of the best Phiadel
pha lawyers could make respectable looking
against il. The condition of Old lacks Secretary (Mr.
Incredibly in connection with the tariff and the Sub Treas
ury reminds of the general who said, 1.-TWO such
victories and undoncm Two more such Reports and
the tariff of 1876 and the subreasy will be beyond the
reach Of the Fedeasts and their backsars supporters the
monopolsts.