New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-10-16
eredi. Of that of 1916, OF they did mob

believed the invoices sworn TO at the JUS
tom- House to he honest, or they did cot
Thew believed that permanent pressure
commenced in the interior, among aie ii'-
tie rills," or they did not. If they Ola DE-
lieve these things, they were bind gl'Ie''
II they did not believe them, they were
dishonest ones-and we leave them now to
select the horn of this dilemma upon which
thew will be pleased to hang themselves.
Our present business Is not SO much win
them as with those who have, unhapplly for
themselves, been accustomed to pin their
faith upon the statements of such advocates
of British power over the trade of the world
a. are The Journal and Tie Post OF this
City, and The Union Of Washington.
We ask such men, and our merchants
generally, to reflect whether the interests
If the merchants of this City are to be
promoted by the further maintenance OF a
system under which the trade IN cotton and
WOODEN goods, foreign and domestic, which
doubled under the influence of the tariff OF
1910 has now diminished no less than
twenty-five per cent, Notwithstanding the
vast growth of population, and IS now
threatened with great further dimlnutlon
whether thew are to be promoted by sys-
tenn under which the consumption OF IRON
has already dimisished twenty per cent,
after having trebled under the tariff OF 1872;
whether they are to be promoted by
system under which the consumption of tea
and coffee has fallen in actual amount TO
the point at which it stood five years since,
notwithstanding an addition of at least four
millions to the population; and under which
the total tunnage in the foreign trade dimin-
shes from year to year; and whether they
are to be promoted by system which COM
pels the planter to force his crop upon the
market regardless of what may be the price,
and thus diminishes his power to purchase
in exchange, or compels the farmers of
Ohio and Michigan, Indiana and Illinois, to
lock up their wheat if they would not see 1t
reduced far below the present price of little
more than fifty cents per bushel, and thus
diminishes their present power to maintain
trade, to the injury of all engaged IN
trade. If thew do-if they think that it is
by aid of these various processes that they
are to be enabled to pay large rents and re-
slize fortunes, we recommend them 10 con-
tinue to read and to be governed by those
most veracious journals, The Journal and
The Post. If, on the contrary, they do
motif they think they are to prosper by
large trade, always the characteristic OF
real freedom of trade, let them abandon
those blind guides and open their eyes 10
the great truth that the only road to per-
feet freedom of trade lies through pros
tration of the British monopoly, to be ac-
complished by AID of perfect protection to
the American laborer, and let them find
evidence of the existence OF that truth IN
the enormous increase of trade and In the
rapid recovery of the nation that followed
the passage OF the act of 1912.
We now beg to ask our mercantile read
ers if there is among them single one that
would not find his mind relieved were the Ia
tariff of 1912 at once reenacted Is there
one of them that would not feel that the re-
opening of the mills and furnaces OF the
Union would make home demand for labor,
for cotton, for wool, for grain and flour, and
for all others of the products of labor, caus-
ing demand for cloth and iron, foreign and
domestic, and relieving the market from the
constant pressure upon it consequent upon
the present greatly diminished power of
| consumption Is there one of them that
would not feel that the danger of loss and
possible bankruptcy was, if not entirely
dissipated, great " diminished Is there
among them even an importer of British
cottons that would not feel that he had be-
fore him a year Of profit to make amends
for the past year of loss ? Is there bank
or banker that would not rejoice Is there
a laboring man that would not be enabled to
live better and accumulate more than he
now can do? Is there in all this great City
single man-always excepting those who
live BY shaving notes--who would not feel
his heart lightened could he learn that the
nation had at length determined to adopt
as its permanent policy perfect protection
as the real road to perfect freedom of trade
We hazard little in saying that there is
scarcely single one.
CosRxcrloS. our dispatches from
Pennsylvania, on the 18th page OF yesterdays
paper. Bssks Co is enormously put down as 60.