New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-01-07

the South and is Of course going for huio
Jsau markets IN very large quantities. "nen W.
bulk of this crcp has Deen shipped, anu lHc spp,J VI
cotton bills SUI seQuentlt dlHihsnr", 'i' $50, -
mnnd for spcce will Of course De siu iu'snc, Ia
creased unless there should be very la'5e ialins
of IN the heavy import ltons OF oreiEu ptoIu .'n,
With abundaut and plentiful harvest oIn AZ
bone and abroad, with large excess Ia VIC pso.u
ton OF cotton over that OF the previous years auo
lis consequent teclIne IN value ana Win no e'1uoe
OF any increased demands aoroa1 lor ouf genera
Exports, the grave and difficult qnesuoh o. on, e'i
lty 10 nav for these continued large lmportations,
presents itself to the consideration OF Congress.
Should The large Importation of foreign f1oricS
continue to increase until they drive from the mar
ket the like articles OF domestic manufacture IL ioi
lows as inevitable that the LABOR OF our people now
engaged in manufactures must be driven NANNY mo
planning and farming. They must with equal GER
tainty produce superabundance of the latter pro.
ducts with no increased market for them abroad, ana
greatly diminished demand for them a. nome;
fthls state of things shall oe realized, II oue~s
that the ability Of the people to purchase foreign
comm ODDITIES Will be destroyed, import4uons must
greatly diminish IN amount, and the revenue d.
once sink far below It's present swoiieh amount IL
should constantly be kept IN view that our sys'em
OF revenue is not compulsory, but depends solely on
the voluntary contributions OF the people. III our
citizens refuse or are unable to purchase foreign
goods the now almost solely relied on must
cease and the Government be driven to direct taxa
ton for its annual support and the ultimate liquod
ton Of large public debt
From these considerations arises the great du-
ty OF Congress so to regulate foreign connioiSe,
If possible, 10 cherish that la0or az nome, VIC
proceeds OF which are our sole rehance IoI sue
revenues Indispensable to the wants OF the wv
eminent. -. - All.
| respectfully refer to the suggestions on TINS
subject in my report to the last session OF Con-
gress. The experience OF the iast year mas 'so
oped no facts which induce me to question inc pro-
priety of the changes In the present IaIiH laws
which then submitted to Congress On the con-
uary, information derived from Inc most fellaole
sources has confirmed what was then antlc oated
Much OF the raw cotton formerly wrought into iao
TIC by Vie labor Of our citizens now goes ABROAD ana
returns 70 US for sale in form vastly augmented IN
value and to that extent the labor OF our own cit
zens has been diminished IN value and driven INTO
other pursuits.
The history Of Iron manufacture for the last few
wears furnishes instructive lesson TO the Statesmen
OF this country. This article enters into SUCH gen.
eIaluse IN every occupation of life In ali countries
advanced beyond the first step of civilization, that
1t may ell take rank among the necessa'lss OF HE
IN this country.
TIE irnportstions of bar and pig iron for the
year ending 3Oih Sep, 1872 were ------ lVJ,O1o NnS
,oy mat ney,dd was 800 coo
Making an aggregate consumpti Off, 33O055
Or iOl pounds per mead
IN I846, the importatons $3.50
And the production estimated at ---- 7ooOo
con,uroption ............s 1865
Or % pounds per head
In 1913. the impor,s,,ns wee ......... l53S 77
And the produc,ion .. 900 900 -
Consun,pt on 9j3 s77
Or 99i pounds per head
T. 1910 the lamentations were ....-... 900 68f -
This n, oduct, on -...----.--..-..--- Go 900 -
Con,umpton ACKNOWLEDGEMENTS 39681
OI9jJ pounds per head.
In ,e5o the importaton. we,e...--...-.. 337 532
The mr.. uetion JS 900 -
Con,umntion- --.-.-.-..-.---.-. sol, 53l -
Or &c. pounds per head
In 1851. the impora ions were 3il Io0
TIE nrodnction 5000 -
Consumption ..---.----- 73i75o -
Or mounds ne head.