The daily union. [volume] (Washington [D.C.]) 1845-1857, 1851-01-03
COMM ERCIAL.
MN Yor n -. 81. lsaO-4. !

Nav York, Dec 81, 1900, r. IN,
TAKsss rKApn IL Is sable the increase Of Eng
lands In the last four hs been almost altogether with
me United s' WIN nc, own soioae wd TS'p s ana ~l
colonies be asenbed her suicidal policy, which de
pad ne odS' ess p Tsa 6a Ge" '"' '''
The writer of the need have looked far for
decline was Witnessed in 'Englands exports th eoun
Try in 1910 and 1884, AID for exactly the cause here limited
gradually di,"aishns dates ad excessive inspirations Of
the preceding years. had destroyed he productive power by
impeachment 10 The OF Engands exports 10 this
country had been experienced at least twice beorein ss
the selfish and housghted policy commended free
trade by British merchants a"d their snsars here shall
hare had The success asss az "a stoppiag great erist
oduettoa Of Dats and fabrics IN tais eoantry and com
The above piece OF genuine protective logic is from the
New York Tribune. in alluson TO my letter of weeks
since IL that Engand's "expors decline this
country" because we adopt policy which compels
'buy British Instead OF our own goods Nothing less than
Mr. Greeeys penetr alton discover in such
sonins The ausion the paragraph which he quotes
my letter the absolute cessation of production
in the English colonies the emanc patton
of slaves Thus colonies in lsi5 exported 81
against Is 900 in 1885, being decline OF E2 800 900
As The negroes produced nothing OF they could buy
nothing, and the thher om the mother country
cined ia the ratio The Tribune that the anne
thing witnessed la this country la sl0 and for
actly cause" Now if the Tribune in writing upon
Subjects absolutely too lazy too incapable
the facts will furnish him with the official figures,
rather that he should aud right
When the editor a member of Congress, he voted him
sell seyera dollars worth Of hooks, although he OBJ
ec,ed TO extra mileage What has been done with the books
is not known have been able TO get sight Of them
ne her would seem, has the Tribune but have my
own expense collected official documents which vau
able when one Is disposed TO talk OF tacsl The Tribune
says our means of paying for English Imports de-
sroyed by the low Let how what
the facts The duiee collected under het"ba tariff OF
1928 averaged in 1892 40 per cen Of Re dutiabe goods
The com promise OF 1888 provided for biennial reduc
lions on the principle that by 1872 all duties should
general average of 20 per and, effect that,
tenth Of the difference be tween 70 per and the
under the tariff of 1928 should off in 1884,
in 1896 three tenths in 1885, in I840
in January 1892 and the remainder in June of year
Under this operation the average duties in 1888 81
cent in 1882 per and in 1910 the but rising
prices made rule 81 per in lS4I. The average
the tariff 1912 IS cent, and of the present tariff
s per cent Now in the years 1910 and 1871, when he
saws we ruined by low tariff and could there
buy English goods, the per cent higher than
has ruled the last four years. and he complains thai
we buy much Is it not extraordinary that low tariff
should prevent imports period and enhance them
smother The is that the Tribune is grossly ignoran
of the course of trade Thus he that did
English goods those years. because productive poe
was destroyed by low tariff The year 1886
great credit operations. IL we compare the year
1887 and with the years l84O and 1884, in which
he says we had productive power" we have results
as follows