New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-08-11

poTt9lioJs, VIZ iah Immensely az oSos W
Europe, and finally were bankrupt and dis
rraced, after which the revenue fell below
Its figure in 1882. And while that tariff
lasted, the Government got IN debt some for
" millions, and tia; process was not stopped
till after lS42, wheO protection began again
to have its effect, when Ire ceased to run N
debt, and began 10 pay of our liabilities.
Perhaps our readers may now appreciate
the matches GOODNESS of The Journal, IN
attsIbuting to protection what was 80 really
and palpably The result Of free trade.
In 1912, we got protection again, and
1t once began to recover cur credit. be-
cause, with the opening If mills and fur
naces, We began 10 recover our self-Sup-
porting power But in 1916 We were en-
lowed with Mr.. Walkers revenue tariff,
one Of TIE most shutting and contemplate
hybrids that shallow theorist ever devised
and under that We are going again rapidly
toward the gulf in which We were plunged
IN 1856. ard whore we lay prone til 1872
s. The Trijune never assured Is readers
Of any such thing. We said at the tune the
tariff was passed that there were some
branches of manufacture so well established,
thanks 10 Yankee ingenuity backed by pro-
lection. hat they could stand it and the
event has justified our expectations. How
ever, We can't look for minor accuracy in
TIE Journal, after the wonderful deviatiOns
we have exposed above.
T. This also Is a small lnaccuracy. Did
the protecuouists make this tariff are they
responsible for it, No, Sir: We decline
the honor We never INT upon that bright
device by which the raw material is taxed
higher or as high As the manufactured arti-
Gle However. the chance is that native
wool will be cheap enough before long. 1t
has been crowded up this year, As we are
informed, by an attempt to monopolize 1t,
and will presently have to come down again.
J. Facts like this are conclusive as to
the wisdom and duty of protection. They
show that the end If that policy may he
reached by the United States. namely The
destruction of the British monopoly. the
transfer to Democracy of the control in the
worlds affairs, the abolition OF dcspotiSms
and arlstocracles, the development of each
nations natural resources and energies, and
the final establishment of free trade Our
people have the talent, spirit and position
for the work nature has given US the power
and materials all that we need Is TO be faith
tul to ourselves; that is, TO import artisans.
not manufactured goods, to secure the home
market to our own producers, and TO build
up and diversity our own Industry.
Somebody has said that the next great
war will be one OF opinion. but It Is not SO.
1t will be one of labor. In that arena,
America, if she will, may conquer, and con-
quermg, set free the world She may con-
quer it, not by going abroad, but by staying
at home not by seeking new territory, but
by eurlching and popping that she has not
by strategy OF diplomacy, but BY creating and
difiusing wealth among her own people
rot by sublectng other nations, but BY rais-
ing them with her to independence and
greatness
This Is a great and glorious possibility
II Ills the mind and eXcltes the fancy with
It's ina gnlfcence. But it Is founded in COM
mon sense. and its first word is PRorEcTloS.
UNIoN COLLEGE The report of DR..
Norris resignation OF The Presidency OF this m
s,i,ution. which We copied from the Utica paper
Ne learn, from a friend well acquainted WIKI the
affairs Of .hs COLLEGE L. ID. entirely without