New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-08-16

for example or Silk Vestings, at profit,
must be able to make rs cheap As any OF
my competitors. | can't afford to put
100000 into factory in the U. States,
and pay out that amount per annum for
labor, if for anybody else) can hire ust
rs much labor in Europe for $4,000.
must either prosecute thi, business where
it can be done cheapest, or keep out of it
altogether Hence. in the absence of
impeachment, there is perpetual, irresist-
ible tendency toward the production of
whatever articles require much Labor to
little Land in the Old World exclusively,
or else the reduction of the wages of their
producers in this country to a close approx
ima;ion to the standard, of European
wages.
Now suppose we say, Let the fabrication
'of Silks, Cloths, JeweIry. and whateverel,e
involves much work to little bulk, 20 to Eu-
rope. and we will conine our Industry TO
the coarse, bulky staples wherein Europe
cannot undersell us, even though our Wa
yes be far higher than hers, we do not
escape the practical reduction of our Wa
ges. By this policy, we condemn ourselves
| to sell in distant markets a larger and larger
amount annually of those rude staples
whereof the home value rapidly dininishes
as the road to market lengthens. II we
had to pay for our Fabrics by selling Hay
abroad they would inevitably cost us at
least twice as much as now, though their
nominal price were not enhanced trac-
ton. If we had to pay for the Fabrics we
can make at home by selling more Wheat,
| Pork. Wool and Cotton in Europe. the pri-
&c, realized for those staples by our farm
crs would not be half 50 much As they now
are. Grant that there would be a cOnsidera-
bic increase of the European demand for our
Agricultural staples in consequence of our
increased consumption of European fab
rics. and still the imperative necessity for
quadrupling our exports of Grain, Meat
and Cotton. would glut their every market
| and reInhict on our Industry in all It's
branches the calamities of lSl9-20, or the
| still greater commercial and monetary con-
wilson's and disasters which drove our States
in 1889 TO adopt the Federal Constitution.
| They voted to surrender so large share OF
| their sovereignty TO form more perfect
| IuiOn.' because without this there could be
no Tariff. and without that no security for
| Industry, Commerce or Thrift. In its alb
| sencc. every dollar of coin or other exporta
Bile commodity was drained off TO pay for
| European fabrics, leaving our Artisans
without employment and our country with
out coin. until stop-laws, ba,eless paper
issues and Shay,' Rrbelions were the in
eyiablc results.
But give us a Tariff which will protect
all existing branches of Manufacture from
destruction by European rivalry, and foster
! the growth Of such branches as have not
yet been fairly naturalized among us-thc
culture and manufacture of Silk, Watch
making, the production of Linens, Steel,
Cutlery, &c.-and the general recompense
of Labor will be enhanced by law ire
sistible as gravitation. Employer, will
still hire as cheap as they can, as abOrers
will ask all they can get; but Labor will
command more than now (no matter
whether its money price be higher or not,)
because the general aggregate IF PrOduc-
ton wiH be largely increased, anil the
uGstttl distance between producer and
consumer Lenefceatly diminished. The far
mcr who grows Grain to exchange for
Cloth will receive eighty to ninety-fye per
cent. in Cloth of the entire cost of his
Grain To the cloth-maker whereas he now
pays from forty 70 seventy per cent. of it
| for no cloth at all, in the cost of sending it
to his cloth-maAer in England. A far wider
range Of pursuits will afford 10 each Amcri-
can youth a freer choice of vocation. and
to each American laborcr better chance
| for employment. in case his own calling
should fail at any time to afford it. The
farmer vino grows many crops has ,teader
work and trains Iii, sons TO better knowl-
edge of their vocation than one who grows
only Wheat. or Corn, or Cotton. Why
should we not shield American Industry
entirely from the depressing influence of
the low wage, Of Europe! II can be done
without isolating ourselves, by simply re-
solving to produce at home whatever M
urc allow, TO be produced here as adyan-
to9couSly As elsewhere, while freely buy