The daily union., 1852-12-23
COM MERCIAL
"a. oar co.aa..rslaI Correspondent.

NEw YosK, December Il, 1852.
an extraordinary fact, thai precisely at The moment
when the protectonst government Of Great Bnain-ihe
men who most hercely opposed Ihs smeoraton Of the
head axhave acknowledged the wisdom Of The ifeeade
principle and announced the future policy Of the gov
ernment, should have produced the same result
here and Congress affirmed It's intention Of pro
oeeding in he lade direction The result in London
has been remarkable since the free traders de-
fsated vote. although they have uiumphed ia the
principle. This has been through the manifestation OF in
feelings against conquered opponents and should
be lesson legislators Messrs Golden and Bright had
committed the imprudence OF asserting pending
upon strong majority which In The popular elections
had declared for the tree trade pocy-they would make
the tory ministry 20 down 4heir knees 10 them This
annus however operated their own defeat when II
came the The Queen in her speech had said
IL you shall be Of opinion that lhat recent legislation
frepesl of the corn lags) IN contributing, with other
causes this happy result has at The same Tune, nhic
ed unavoidable injury on seaa mpoaha AZ rests
equiaby mitigate that injury and 70 enable ,hs indus
com petition which Parliament in its wisdom, has de-
cided that it should be subjected
This being the work Of proectonis ministry showed
Willingness 10 the fact thar the country had de-
clared for trade but the time, 1t showed
desire still reward by indemnify those who tor
mery protected. This could not be admitted. The fact
that classes enjoyed for time special privileges does
entle them to compensation when those privileges
Withdrawn. This attempt at indemnity the pretence
wanted by Messrs Golden and Bright force the min
stry down upon their knees, and in so doing they
evnced that minded vndicuveness characteristic
of small e-nade politicians, which was the parent
Of their scurrlous abuse of the institutions of the United
States These borne into notice the working
Of great prime pile With the triumph of that principle
they sink back into their original nothngDess In further
snce OF their attempt humble the mnisy, Mr. Charles
Viiers moved
That il is he opinion of this House that the proved
condition of the country, and particularly Of the industrious
and e,psciay the act of 1886 ,cheh established free
admission Of foreign corn; and that that act ,oasa o,ss Jast
| and bentfciaf MEASURE
This was TO compel the admission that the identical act
which Mr. DIsrael had strenuousy opposed
cause the prosperity Of the county, and was wise.
ius and benehcap'-rather bitter pill administer.
Very edy Lord Pamerston proposed leave
all the word county,, the part Italicized, and sub
stilute the words
"Aud especially industrious classes mainly
result of recent legislaon which has established
poses protection, and has thereby diminished the and
increased the abundance OF the principal articles OF the
food OF the people
The question tn put, that the words proposed
be left ont sta nd part the question - loyes 256
336Charles Viers teller for the ayes. The question
ammended by Lord Palmerson then put and carried
ayes 46s noes 53-Lod Pamerston teller for the ayes
Thus, although the prncp pie Of free trade thoroughly
and fully sustained the aboionist faction of the eeraers
sustained signal defeat
Something like this has occurred with II will be
red the commercial legislation, which has been
generally admitted the OF Engands prosperity
commenced in 1912 with the removal Of prohibition the
i'm port cattle and provisions and progressed in the
direction making cotton WOOL oil, and all raw materials free
unit, the themselves gave way, followed by abo
iton of the ancient navigation laws. This rapid and rad
cal move men has been attended with such unwonted
degree Of prosperity elicit from all parties the adms
sion of the wisdom OF the When that policy
| menced in England, unfortunate combination o
events passage of the black tariff OF lS42 gave
an impulse the contrary direction but in the passage
the tariff of 1876 protection distinctly repudiard and
an ad paortm tariff adopted. The great
which has attended Its operation has ELECTED from
Congress strong expression in favor OF the ulmate aban-
donment of indirect The experiment OF free trade in
less than ten years, has been stamped both sides
OF the Atlantic entirely successful Beyond this, we
| have from Manchester curious memorial addressed
to Parliament by the silk manufacturers of that district
wherein they aicnbe the inactivity Of their home trade
the duties on rival ces imported. and they demand
repeal of the he imported goods ol inn
proving their own trade The Chamber of Commerce o
Manche ster also demand repeal Of the duties
ctured and wooen goods imported, in order to i'm
prove the home market" There persons who under
stand free trade principle and comprehend that what
ever restricts commercial intercourse in respect Injuries
/ all interests.
Among the reiterated assertions here in mining
prosperity has that in relation the decreased pro
ducton OF iron This has been unbushngy adhered
that even President Fillmore, in official message, adopt
ed H. In evidence Of the blowing Of furnaces. take
the deliveries Of iron upon the Delaware division Of the
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