The daily union. [volume] (Washington [D.C.]) 1845-1857, 1852-12-19

the people OF the country wheihef, whch money was
10 be raised. you selected TWO articles and imposed an
equal duty each, whether you exempted one alto
gether and imposed double duty upon The other. Sr
il addition the gwen BY the gentleman from
North Carolina Mr. CLISGMANl and my colleague MIR
MEApEll suggest another, and rs THIS that the vey
object OF the imposition OF The double duty upon one aFt
Gle is TO give protection 10 similar Articles OF domestic
manufacture by preventing. at least diminishing. the
importation OF those foreign articles that would come into
competition with them II this the object there
would be no reason Tor y a az and I ms object Were
ed The result thea. is. that instead Of collecting the
whole amount OF duty as before, you exclude perhaps
half the articles formerly imported and Of course gel
only half the duty IT, after subecting an article 10
double duty you continued TO import the same quantity
as before you would undoubtedly collect the same reye
BY putting the whole burden upon one arcle and ex
emptng the other, when you divided II between The
two. But, rs have shown. tue elect VIII De 70 a.
minish the importation. and oil course 10 DIMINISH me
and you Will then be subjected to the necessity
OF imposing new upon new subject OF taxa
ton 10 make up the deficiency.
Mr. JONES, of Pennsylvania, (nerposing wish
10 correct the gentleman to my position. Il was this
that made no difference whether the imposed
upon Of two articles or equally upon BOTH provided
the article upon which il was imposed was an article OF
general consumption, and equally distributed the burden
among the masses Of the consumers,
MIR. MILLSON Well, sir, the gentleman surely had
an object in urging that argument and his object undoubt
eddy was TO show that incidental protection might proper
" be gwen particular interests in this country, by the
imposition oil a larger duty upon competing articles i'm
ported from abroad than upon articles whchdd moi
being the case there would have been force al all in
the argument OF the gentleman, unless he meant 10 con-
tend that the reason Tor imposing high duties upon some
articles and exemptng others from all taxes, TO give
incidental projection 10 the manufacturers OF the articles
thus selected for taxation. And proceeding To
show that there must be loss to the people from such
arrangement OF duties because If il secured the desired
protection as 1t undoubtedly would, TO extent il
could only be by excluding portion OF the foreign fabrics
which come INFO competition with our own. The rev.
enue would thus be reduced and should be compelled
la fuy In ri he
only loss, and il is BY means The greatest " is indeed
the mos, uncomfortable. The burden which is most
grievous is the increase u the cost OF what we have &C.
cason to use by compelling 10 purchase from the do
mesic manufacturer at prices more than his wares are
worth say more than his wares are worth, because,
but for the pains ,akeno exclude similar foelgn wassoy
should be able TO purchase them at FAR lower rates Of
price.
suggest. then, 10 the gentleman from New York. and
TO the gentleman from Pennsylvania, that the people
have never complained OF those duties which bring
money into the treasury They complain of those duties
" which h kep y o. ss asX complain
laid seemingly with view 10 the collection OF revenue.
really imposed for the purpose OF giving protection to
certain domestic interests BY the exclusion, OF large
amount OF foreign mportalons, Now all know that
under the operation OF the tariff OF lsa2, and perhaps
der the operation of the tariff OF 1885, the consuming
classes Of this country pay much larger amount for the
protection Of certain interests of the States than
they contribute TO The revenue OF the United States Why,
sixteen protected articles alone, under the tariff OF lS42
were estimated TO impose tax OF upwards OF 900
upon the consumption OK the country in addition TO the
amount contributed by the people TO the revenue.
cannot, then, 60 with the gentleman from New York in
his efforts 10 enlarge the free lists BY abolshng The til,
by the manufacturers This would only aggravaie the
existing evil They bring money into The treasury and,
as have show1 they serye TO protect us from losses to
which their abolition would 10 some extent expose
No, sir; the duies which | desire to reduced
those amounting TO thirty or forty dollars in the hundred
which laid not so much for the purpose OF raising
pfI pxfrOy rpvp yghi adj
to the common treasury which is common property,
but only TO transfer millions from the possession OF
the agricultural mechanical and commercial classes OF
people into the pockets OF other and less numerous
classes, without j fair equivalent
Bat after ALL what is mean, by this demand for the
exemption OF the raw material from all duty What is
the raw material Are we TO consider such whatever
requires labor 10 fit it for lis ultimate use Then, sir
iron is the material Of the smith cloth is the
sugar of the conleciioner Are we to exempt all these
from dutyl Perhaps the gentleman from New York
would be more unwilling 10 do so than | should be
In assuming, Mr.. Chairman, that reduction Of five
per cent upon the manufactured article would be
say to balance the reduction OF five per cent upon the
imported materials which enter INTO the composition OF
our domestic fabrics, merely take those for the
sake OF convenient and simple illustration The Of
the raw material may not be more than one tweneih OF
the whole cost oil the manufactured article and OF
the present Duty which ia only five per cent. would be
only one.wenteh Of that four hundredh part Of
the whole cost That would be equivalent TO tax OF
only twenty five cents on hundred dollars OF value IL
Is only LOT ol
lion OF FIVE per cent in the duty imposed on the imported
fabric as ba anclng reduction OF i've per cent the
raw material
| connexon with this subject desire TO notice the
positions taken by the President Of the United States in
his last annual message
The President saws
Without repeating the arguments contained IN my for
message. In favor OF discriminating protective duties
deem my duty call your attention one or two other
considerations affecting this subject The m The effect
OF large imports lions Of foreign goods
Most OF the gold OF Caorna last coined finds
IT, way directly 10 Europe In payment for goods pur
Oh scd"
II TO the President has adopted a some what
inverted order of explaining his views He calls oar
,enon TO the effect OF the large importation of foreign
goods upon currency He has mistaken the effect for
the He nigh, well have invited attention
10 the effect produced by the flowing OF river upon the
attraction of gavitaon Why sir II is the increase Of
the currency which has produced these large mporatons
is because Of The large expectation OF gold, taken from
the mines OF California that our imports have increased
Vel the President calls attention TO the effect OF these
large foreign imports upon the currency of the country
He says that the gold from California finds IL. way on, Of
the country il is coined. Certainly it does
For what purpose IL taken from the mines, il IL
was not 10 be used in The purebase Of commodities
Would the President have kept AT home, instead OF
exchanging il for those articles which are necessary
for comfort and enjoyment How would that add
10 our national wealth Can a nation, any more than
individual, advance its interests promote its hap
pness by boarding up its money, and constantly add.
ing to its store, without applying il to the purchase
from others Of such things may wan,' In that
Gaze we should soon realize the fable of Midas starv-
ing his golden banquet Were the immense
amounts OF gold taken from the mines in California re
tanned at home instead Of being dfused throughout the
world the consequences would he disastrous 10
n. =. -. - 80. -