Meigs County telegraph. [volume] (Pomeroy [Ohio]) 1848-1859, 1852-10-05
The Tariff Argument.

raise nSufeS having Deen pu0llShed by
lret-lrade men and papers, an eastern peri.
odical exposes themlo The world. We in
vile The attention Of our Democratic friends
10 the facts
UNDER THE TARIFF OF EIGHTEEN HUNDRED
AND FORTY TWO,
we built mills and created machinery .hal
enabled us, in six years 10 increase The do
mesIic manufacture OF woolen cloth from
fiiiy five 10 eighty.iive million of pounds.
We opened mines and built furnaces that
enabed US 10 increase the domestic pvoduc-
ZION OF iron from 100000 10 more than
100000 ions, and 10 increase The consump.
.ian-p hond from ,hir,y eight 10 nine.y-
eigh, pounds. So '"
We built rolling mills that enabled us 10
commence The manufacture Of railroad iron,
and 10 extend il in that brief period 10 al
most 100000 tons.
We increased The production of lead from
$50, 900 10 1000 pigs; :hal of hemp from
$4,000 10 10000 bales; and that OF wool
from lory-eight 10 seventy millions OF
pounds.
The manufacture of corn and hay ioto
pork and beei, butter, cheese and lard, was
extending itself al ra.e unexampled in The
world, and The value per ION of The exports
from The east 10 The wesl was steadily ad.
vancing.
We thus made market for more cotton,
and YET had more 10 export; and The tariff
of l842. ,ha; found prices lower Than they
had ever been before, lefl them already ad.
vanced one-lourlh, with every reason 10 ex-
pect thai they would soon be permanently
fixed at higher standard Than had been
known for twenty years.
We thus made a domestic market for food
10 be consumed by The growers Of wool and
hemp, and the producers Of coih and iron,
coal and lead, 10 The annual extent OF more
than one hundred millions of dollars, and
yet our exports rose from fourteen millions
in 1641-2, To wenty-four millions in
1866. a
We produced more and consumed more
OF everything, the condition Of The people
steadily improved, the credit Of our banks
and that of the State and general govern
menl were restored; and there was degree
of quiet prosperity such as never before har
been seen in anv portion of The world.
Confidence In the future prevailed through
out The whole range of society.
UNDER THE TARIFF OF EIGHTEEN HUNDRED
AND FoRTY-sIx,
we have closed cotton mills, and driver
down The manufacture of cotton from 600,-
600 10 467,000 bales, and have, in The las
tfiree years, decreased The consumption o
cloth, foreign and domestic, per head TWEEN
TY.FIvE per cent.
We have closed mines and furnaces, and
have diminished by fifty per cent. the pro
ducton Of iron, foreign and domestic, has
fallen from ninety.eight to seventy pounds
per head.
We have closed rolling mills until W,
have almost snnihiIaled The manufacture o
railroad iron, and destroyed The competition
for The sale Of an article so necessary 70
The cheap transportation 10 market Of ou
products.
The manufacture of corn and hay init
pork and beef, butter, cheese and lard do
clnes daily and the value of exports from
the ives, to the east has fallen from sixty
TWO dollars per ton in l845 10 forty dollar
per ton in 1851.
We have thus diminished the market 70
cotton, and have placed ourselves under tn
necessity for exporting more, the sconse
quence Of which is seen in the fact that i
has fallen below The price Of The reyenu
tariff of 1841 -2--then the lowest that ha
ever been known, with certainty of fur
,her decline. should the crops prove large
Wo have diminished the domestic maj
ke, for food 10 be cons umed by the grower
of wool and hemp, and the producers
I cloth and of iron, coal and lead, and lhO
diminu,on cannot be estimated al less lha
fifty millions Of dollars per annum; and "
our ability TO supply food TO the world de
clines from year 10 year, and as the mani
facure Of corn and hay into pork, beef, bu
ter, cheese and lard, declines as we becom
more dependen. upon ioreign nations iC
wool and hemp, lead, cloth and iron'