The daily union. [volume] (Washington [D.C.]) 1845-1857, 1851-03-28
FOR ths Union
=. Trade and Rsssaue T~rins Vs. Protection and
nSsaaictiong

lIn
HsstsictionJ
| ,ag 10 the "PYospse, agricultural manufacturing,
sos,asfe'a and financially al Inc opening o. ne gear
| 1851"
70 HENRY c. CAREy, esg,
Burlington, New Jersey
Sin come 10 treat OF the arh OF lSB and in
manner reply The 9th chapter OF your pamphlet in.
.uJ 10 make the issue a direct one between the
aforementioned act and thai OF le42, and will examine
snaay into the condition OF the county, respectively
durng the operation OF these two acts Will compare
me prospey OF the country from lSi3 10 1910 with the
ospery from isi7 10 1850, equal periodsl aud III upon
u ANIMATION OF the business relations, they are found
~ have been hourshng during the latter Than the
former period then the verdict will be nine ii the
roniary il viii be yours. Now, as has before been
.ajl, the only correct method By which to form
opnon OF the prosperity OF country is 10 look al the
actual condition OF the producing classes, and TO see how
much surplus they have TO self and how much they
I'M afford TO bay from others When people pros
nIous they produce more, consume more, buy more,
and sell more than when IN adverse crcumstances-a
of which consequents increase they approximate to-
wards the former condition. and decrease as they draw
near The latter condition Lei this, then, be The criterion
Of the condition of counlry for The two periods OF time
above mentioned. and the result VIII show who makes
out The stronger case In looking al the prosperity OF
me county, will endeayor TO take more extended
view OF than you have done and not be so much gov
emed by the condition OF particular classes and interests
You seem to have directed your attention particularly 10
lhe manufacturing classes. and 10 have assumed that II
thew nouished everybody else fourishcd. 1 his is not
sound logic. particular branch oil business may
Doursh and all others be depressed Or Ia the CONTRARY
some one occupation may be depressed, and all others
highly prosperous condition and therefore the stoppage
OF few cotton mills or iron furnaces has no more IN
uence upon The general prosperity oil he country Than
sing le small stream has upon the great ocean. The
on, question that should be asked IL, IN what condition
do we find the business of the country in the aggregate
and how prosper lbe farming and planting interests You
should bear in mind that nineteen Of The whole
population are producers OF the raw material and con-
suners OF manufactured articles and that their condition
il paramount TO the other onetwcatieth, who own iron
furnaces and cotton mills. Having promised this
mach will next lay down the propositions intend to
establish, which are as follows, piz
/ Tina, our country produced more, sold more domes-
tic produce 10 others, purchased from others, and
consumed more under the arA Of 1916 than the tariff
lSi2.
the tariff OF 1916 than had done under the tariff oil
lsls
g. That the prices Of domestic produce generally were
hele and the country at large ore prosperous than I'M
der tie act OF 1912.
The first proposition embraces more particularly tbs
exports, imports and home consumption OF foreign fab
rics An increased export of domestic produce shows
concusvey that there must have been an increased
production, or ell II could not have been that with more
mouths 10 feed would at the same time have q
greater surplus to sell. will not stop NOW 10 enume
rae quantity OF home produce raised in the two periods
for the fact tnat the production greater under the
af OF 1916 than that OF 1912 is too well known TO re-
quIe proof For the year 1850 the yield Of the srar.
Fep up we'll In 1919 the quantity oil wheat produced
2s,72000O bushels, being 09O 900 bushels more
Than the highest year under the tariff OF 1872 and The
present year he excess will be much greater; an,
wherever The produce Of the land has declined for any
one year. the increase OF price has made II valuable
10 the planter or farmer In the first place, will ex
anime The imports tor the two periods, which stood r.
follows, viz: