North Carolina standard. [volume] (Raleigh, N.C.) 1850-1852, 1851-10-11
WING ABsTRACTToNs.


hn N,s in an amusing light, the many aosuIuiNo
,be " protective " theory: l. enactino 2
"O gbsfracti7n First. Government, y ,urers With
,,otectiye tariff, may enrich the - The commn
out impairing the means OF the i' = =
ni:y. ;,Ir. LEGISLATURE creates wealth
CoIoi'iy. 70 outwitted his maker, and need no
soa1 earn his bread BY the sweat Oh ms oio"'
longer earn rh hest way to enrich nation is to COM
Second. .is to follow oec9pations for which they
pei ;,beT fitted BY skill, capital, soil or CLIMATE
are n,nsrv 1t is cheaper to make sugar from oeeIs'
oar oranges in hot houses, than to buy inese dr.
los from the West Indies.
hcEs A protective tariff benefits the nation by
,;rarog industry into and more profitable chan
neLs. Hilary. Government is the best Judge of what
Iii in life each individual is fitted for, and should
control men In '"e oHoi0e Vi -
anu E"rM. If other nations lay heavy duties on our
,s we can avoid the i'll effects of those duties
Sv placing equally heavy duties on imports for 'hose
n' T"roIIary lst 1t is wise maxim, and worthy
III acceptaton, to IS bite off your nose to spite
YOUR face. Ill -. L. ,,os Won
NV remedy the evil by buying at dear rates.
irGb If YOU exclude the manufactures OF the
-, Gof the world from home market, and give
o,onoIy to few domestic manufactures, you will
courage competition, and reduce prices.
Cor. Monopoly begets competition, and dimlnlshes
Srrl. The manufacturers ask for protective tar
a because it will reduce the prices OF their manu-
lectures. n.
lowest prices.
Sreutk. (This is the pOns assinOrum of wing Po-
Eica economy, first demonstrated by MIR. Ciay.l
7, the absence of protective tariff, the manufac-
,Ores sell few goods at loss-under such tariff
bev sell great many goods at still lower prices
Srce though they lose more each article, yet the
nd ituda of ha kR
ness profitable:
losses make mems fortunes.
EiokN. The tariffs a voluntary tax; because il
,man chooses not salt iron wear clothes,
Int live like ACKNOWLEDGEMENTS, the wild boy of
Hanover, he will pay no part OF it whilst he lives;
and nav avoid it in dying, if he will put stones
in bis pockets and drown himself, (there being no
duv on stones and water, there is hemp, pistols
and powder,) and he might thus too dispense with
coffin and shroud, and hearse, and avoid the post
norton taxes of the sheriff.
Cor All acts are voluntary when the penalty for
jisobedence is merely death, because a may
choose rather to die than to obey.
Ninth. The manufacturers will give the farmers
HIGHER prices for their grain, when the tariffs cuts off
the foreign demand and produces glut in the home
market.
Co.. LIST. GIuts the causes of high prices,
and when supply exceeds demand, prices always
nse
Cor %. When you wish to get a high price for
an article put yourself in the power of the Purchas-
er. He is to pay high price, when he finds
he can fix his own price.
Tenth The tariff imposes the heaviest duties OR
the articles consumed chiefly by the poor, and thus
throws the burden of the tax the rich.
Co.. Mesmerism is true, least in politics,
since the rich alone feel The blows inflicted on the
poor.
EArenth. The foreign producer pays the duties
under tariff, and thus the government derives its
support from abroad.
Cor LIST. National debt and high taxes are great
blessings, because foreigners pay them for and we
receive the payments.
Cor 2nd. 1t is folly to repudiate, whilst by tar
if YOU compel foreign creditors 10 pay them
selves.
TueBfh. A horizontal tariff is partial and protec-
tive manufacturers, therefore is right discrim-
mate in their favor and render the tariff still more
partial and protective.
Cor. When necessity ccmpeis US to do slight
injustice, We diminish the wrong by perPetrating a
gross injustice.
Thirteenth. The protective tariff of 1928 was a
bill of denominations. This discriminating tariff of
1912 differs from it in name only, and is just and
salutary law.
Cor. A rose ,conI smell as sweet by any other
name.
FoureenM.' Competition amongst manufacturers is
greatest under protective tariff, because it excludes
foreign competition.
Cor. A part is greater than the whole.
80 much for the protective tariff policy. Ii is an
intricate subject, but science has done much to un-
ra'ei 1t; however, have doubt that the cause
recovering above represented is suited TO all me-
n0ans, and will satisfy every man who has his coun
iys good really al heart.