The republic. [volume] (Washington [D.C.]) 1849-1853, 1852-04-09
TIL e II E P u BLIC.
The Working or British Free Trade
TConfinued from Republic Of Aywu7.I

[Coniinued from Republic Of hr~il7.I
We would now beg readers TO remark the
manner In which the statements Of the honorable
member (Mr RANToUL) have been con str ucted for
him, and then to judge for themselves what has
been the object Of this Of opcraiio In the
first place. are told that under British free trade
increase of quantity has been attended with in
crease of price. Singularly enough, however, in
treating Of the first period the honorable member
olni.s all reference to the fact that precisely as We
passed from protection towards free tradc--froin
having two purchasers TO having only one--the
prices Notwithstanding the email supply, tended
regularly downwards, and had reached in 1910 -42
ioarer point than had eptr before 6ce,, know, The
tariff of 1872 found cotton at eight CENTS aud then
large increase of quantity was attended with di-
minution of price, being precisely what nigh,
have been anticipated. TO prove, however, the
dsadvantageous effects of that tarG the honora bic
members tables suppress the fact that the crops of
the previous years had been short; and then, de-
celvcd himself, he furnishes his readers with cal
culation of the amount that would have been re-
alzed II the large crops Of the years from IS42 to
1916 had sold at the prices thai had been obtained
for the short crops from 1889 to 1912, the amount
being most accurately made out to have been the
largo Of $S9, ,G6l ,53l We would beg to suggest
to him to extend his calculation little ia rther and
estimate how much greater would have been the loss
had the tariff Of 1912 not existed and had the total
increased product, amounting in the whole to no
less than two millions Of bales been required to 60
to England. II is really time that gentlemen " ho
undertake to teach the world on this most import
ant question should begin to understand that they
are bound to study lcts for themselves, or to sec
that all are Furnished to them-suppre ssion of an
important fact being quite much falschood az is
o a fHct hat hna evis w
repeat our disclaimer of any intention to charge
the honorable member, or any other gentleman oc-
cupying place in the great Assembly of the ma
ton, with deliberately and wifully stating what
he knows not to be true; but when a person
whom we have right TO sul pose o<Dnizant of the
iacts of the case, comes forward and furnishes US
with n statement from which the great fact of the
enormous size of the crops Of 1924 i6 is cayef,fy
excluded, and then assures that the low prices Of
that period were consequence Of the existence of
the tarih OF lo42 under which the domestic mark et
for both cotton and cotton cloth 20 largely in
creased, we cannot but say that we pity him for
such a manifestation of absence of all the know
ledge required for the position in which he bas been
placed by his constituents
We come now 10 the honor be gentleman e facts
In relation to the cotton trade under the tariff of
1876 compared with that oil the tariff of 1912: and
it becomes necessary to state that the Trcosu.
ry returns in relation to that trade during the ad-
ministration of Mr.. Walker, are not entitled 10
even the shadow Of considers ton In the fret two
reports made by that gentleman to Congrcss ,rsiie
the tariff Of lSi5 icas in preparation, the eaports
cut dorm in a manner the most extraordinary:
while the export for the first year of his OF tarii
is, on the contrary, in similar manner c x panded
will be shown. The actual quantity ox-
ported in ls44-5 two millions eighty three thou
sand seven handrcd and fifty six bales, giving
weight Of about nine hundred millions Of pounds;
whereas the report, being the fret Issued under
Mr.. Walkers direction, makes the quantity only
seven hundred and fifty seven millions. In the
foil wing year the bales exported amounted to one
million six hundred and sixty six thousand or
about seven hundred and fifty millions OF poonds;
whereas the Treasury report. Mr.. Walkers se-
cond, makes IL only five hundred and forty -seven
millions. being bot nineteen millions more tia u the
return for the following ycsr-n,e fret after the
passage N Mr.. Woihu' starif-slthoogh ihs guam
uty known TO have been exported IN this lattcr
year only one million two hundred and forty
thoussn nd bsles, or four hundred a nd twenty
five thousand less than the quantity known TO have
been exported in the previous one.
That readers may understand fhs matter
fully, give the following tat bic, in which arc
shoVn-frst. the bales actually exported; and &c.
coud, the pounds exported according To the Urea
sury tables, converted into bales vi the svcra &c
weight OF four hundred pounds:
BaLs Erp. Try Rd''. Latter lees Lat more