Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1852-06-19

Precisely the value Of the raw material is increased
labor is the duty increased SO as to secure that labor
to her own citizens wise and patriotic regulation.
Again, take tobacco, whichis mostly imported from this
country: r
Tobacco, manufactured, per bad &C
Snuff, per Observation-Disclosures s so
Manufactured, or cigars per Ib.......0 Q 2 90
This not ALL it is further provided that all tobacco
twist tobacco or cigars and exported shall be allowed
drawback per pound Of %. 3d. leaving duty the
raw article imported for manufacture and expectation
AID, or eight cents.
Under this encouragement owing to the cheap price Of
labor in Europe our tobacco is taken there manuacur-
ed and brought back underse the article in our
own markets Jouneymen cigar makers in this country
petitonng Congress for relief stating that they
compete under the present duties with the jour
neymen cgarmakers Of Europe who materially interfere
with their business Free-trade England eves duty on
cigars of So the pound; duped America of few cents
why should not the Importation OF cigars into this to-
bacco country be prohibited?
In looking into the English tariff laws find the fol-
lowing:
a list of GOODS ABSOLUTELY PROHIBITED to be M
PORTED
1t begins with ARMS AMMUNITION and utensils Of cqr
and goes through several pages of other articles
VIII not ure you by enumerating other articles; all
are rated with similar view the encouragement Of do
mesuc manufactures think have shown that England
acquired and preserved her wealth. her greatness
prosperity both manufacturing and commercial ma
ton, by PROJECTIONS and that this day. she still adj
IL
seeming approaches to free trade are really protective
enactments.
will briefly notice the extraordinary and fabulous
statement of the gentleman from Massachusetts (Mr
ANTouL relative to the effects of the tariffs of $40 and
1916 on the prices of our agricultural products He
states that agricultural products reduced in value
under the tariff of 1872 and raised in value under the
tarf OF 1896 He states that all the exports for four
years before S42 were worth than they would have
brought under the tariff of 1912 by 1925 COO O00 and
that all exports for the four years since 1916 brought
more by $l5O,OO0,000 than they would have brought
under the tariff of 1912. 1t said that figures cannot
lie the gentleman intended to convey the idea by this
array OF figures that the price of grain and other pro-
visions depressed by the tariff of 1872 and again
raised by the tariff of and what else could be
then am bound say that figures have been arranged
as TO convey false dea and make an erroneous impress
sion en- the public mind.
From 1887 1912 there was suspension of specie
payments Of course there being check bank is
sues, our circulating medium became very large. The
price Of every thing in proportion that
Just as did in 1874 The tariff Of 1912 restored the cir
cuating medium to sound specie basis contracted the
currency and OF reduced the nominal value Of
every thing #f
The gentleman says then the average prices OF grain
raised about thirty cents per bushe under the tariff of
1916 observe, he says the arcuge price for the last
four years. And he would have infer that this
caused by that tariff This is hardly candid. 1t hardly
becomes the argument Of veracious statesman He
cannot be ignorant Of the Of such rise In f847
portion Of Europe visited by famine distress
ing than sky Of modern times The surplus grain from
all parts OF the world hardly sufficient to supply
them. The price Of wheat up rom 81 hushel to
Sl7s, and in some instances to 81 "A our own markets
Did the tariff Of 1916 produce this rise II did, then
1t produced the famine in Europe This hardly be-
eve althougkit Is producing poverty want and misery
IN the poor mans cottage in this country
During the famine, IN ls4a and ls4s our exports Of
varying from $3.50 to so per bushel With the disap
pearance Of the famine prices sunk below the standard Of
1896 and IN the twofoloving years. ls49 and 1885, our
| NJ xar
man Mr RAsrouI) takes the $i05, 600 000 raised to
81 by the famine and adds II to the $65 600 00
and averages the two and tells the country that the tariff
Of 1916 had raised the price Of grain to average Of
Sl26 bushe from ninety-six cents under the tariff Of
1872 Sir every farmer knows the fallacy of such state
ment He knows by sad experience that 9 the
famine ceased TO operate grain fell lower than ii had been
for many years and instead Of being at $780, il sunk
and Is selling at from seventyfve 70 eghtyfve cents
bushel. see by morning paper that -four is selling
In Baltimore nj "a barrel
Such also is the sophistry-to give II harder name
which the gentleman with regard all other
ces Of expectation. The gentleman boasts that the
riff Of 1886 has largely increased exports It'll true
that since 1S46 exports have increased some
$4,000 0oo, and our imports 500 0oo 600, or perhaps
This consider the effect Of the tariff Of
1896 The exports Of breadstus and provisions in 1851
has sunk to $21 col, being $5752470 less than in
1s46, while the law Of 1912 operating That year
our exports Of these articles S27 701 12i The in
Of exports consists in cotton and few other ar
cles used for manufacturing The increase of imports
consists in fabrics manufactured from those same
porswth ron ct cetera Ip other words the tariff Of
1886 decreased the manufacture Of cotton in this country
and sent abroad about $40 600 900 worth which had be-
fore been bought for the home markets and then rempor
ed the articles in the shape Of manufactures.
Il The gentleman might easily devise law which would
sl further increase these blessings Let the manufac
turing and mechanic arts in this country be entirely de-
stroyed by your legislation then several hundred millions
Of raw materials which still manufacture would be
abroad to be worked up and brought back again and
our export would be greatly enlarged The principle and
policy are the same which pursuing, carried
} to their legitimate results.
The balance Of trade now and has been for several
years about $50 600 900 per year against Had not
been for the discovery Of the gold mines OF California il
would before this have drained the country of every
dollar Of specie We exporting specie now ut the
rate Of 900 year. the exports for the first Eve
months Of this fiscal year being S27 1885, The gen
tleman sdmires this operation He says we were not
thus drained gold would became plenty to throw
into "inextricabe confusion" thought the gentleman
was hardmoney politician, and desired TO see hard
money enough TO form whole circulating medium.
But has the gentleman compassion for Europef Are
we to dig 300 900 Of gold year. and pour all into
Europe 70 throw her into state Of perfect anarchy r.
He says II il to remain here ait would be the great
? est calamity" Who would IL burtf i know IL would
raise the price Of property Of manufactures and would
increase the wages Of the laborer That to be sure,
would run counter TO the Democratic scheme OF reducing
the price Of labor 70 ten cents day II would do no
D other damage.
The gentleman seems perpexed To know how TO recon
Gle his constituents Ia the quanderng Of public lspds
But he argues that increasing Of
between the East and the West will retard the progress
the States in the manufacturing and mechanic arts
and