The daily union. [volume] (Washington [D.C.]) 1845-1857, 1851-11-04

property let follow an industrious and prudent man
from poverty 10 wealth. and then let US look at the on.
pose picture OF honest falling from wealth 10 pow
oy we Will suppose him possessed of nothing but his
c,o'nes and IN the enjoyment OF good healtha laborer
ne receives dollar per day wages and works $50 DAYS
every year. and has wife His house rent costs him
sooi the doctor costs him rs GEO lbs OF bacon cost
nun sSo. and his flour $780, and coffee SlOin ALL Sis
WINCH deducted from his $3.50, leaves Sl35 with which
10 BUY protected articles and balance to lay up-hats
ooansls. summer and winter clothing. wooen and cot
ION goods shoes, socks calico, combs his tools sugar.
sat- soap, &c, &c. After he has made these purchases
ne Will perhaps have $50 lay by to increase his for
tune The next year he lays by again his $50 and the
interest on his first years saving All the end OF the sec
ond year, he is worth SlO4 at the end OF the third
$lo2 the fourth, 1925; the fifth, $2s3 the sixth
$3.50; the seventh, $i33; the eighth S5l7; the ninth
secs the tenth, 5000 the eleventh. $500 the twelfth
S93o and so on, TILL at the end Of 80 years. when he is so
years oid' ne VIII have accumulated S5,1A AT per
cent compound interest, this will double in nine years
so that when SO years old he will have $o22s At the
age OF % he will have 2o456, and at the age of II he
VIII nave $lO,9l2 The same habits of industry rigid
economy and strict attention 10 business must character
ze him from boyhood to old age he hopes to
DC worth $4,000 or $50 900. Under tariff fixing uni
form rate upon his consumption, his taxes, when worth
$4,000 would vary but little from what they when
struggling without cent Suppose the annual savings
cannot, from misfortune or infrmity, be made 10
amount to more than $40 annually, then tariff his
consumption would render fortune impossible to honest
industry, and old age would find him a pauper.
Trace now before your mind the career OF man and
his family born TO fortune and accustomed to the luxu
res OF life, and who, from the failure Of friends or
other misiorlunes, reduced to poverty Your taxes
upon this mans consumption absolute ruin, far as
any hopes exist OF rising to fortune by LABOR He dies
pauper, mailman, suicide
The habits OF man, of sufficient energy and industry 10
accumulate fortune in the regular pursuit OF his busi-
ness profession, do not greatly change with the in
crease OF his possessions Hence his consumption varies
little, and he pays without feeling them tho which
oppressed him in poverty On the contrary with oil
fallen fortunes and family. early habits and every feel
ing OF the heart, prompt him 10 expenditures not
raned by his judgment render those comfortable who
are dearer to him than life Those demands which be-
fore were tries, hang like chains and letters on
drowning man. The legislator who enacts laws that OPP
press the industrious, the honest and unfortunate, who
abandons great principles which, according 10 his
Judgment saked the great interests Of society, has
PROFESSIONALLY committed the greatest crime Of which
man is capable. The pirate murders few, and the
swindle deceves his friend the burglar breaks open
houses, and the robber stops upon the highways but
these have neither the power station which enables
the false statesman TO overwhsm society by the nquy
OF his edics and the malice OF his heart Good men fee
from his presence God abandons him to his fate and
He'll opens her honid mouth 10 receive him.
We have that poll-tax of 81 so per head
would furnish 1000 900 TO our government sucien,
TO support it when economically administered, and yet
that this tariff SYSTEM yielding no more conves 10 wiring
from the productive pursuits OF the United States perhaps
much IS SO for every human being in the Union
This seeming anomaly will be examined when we pro-
coed to discuss the effects Of the system of protection upon
the production OF the United States. G. W. j.