The republic. [volume] (Washington [D.C.]) 1849-1853, 1852-04-07
S47,s54 ,655 SI2s, s,72O.7as $I7I, ,075 .a93,,

tue operations OF the past ntteen years, they settle
the question of protection. II they true. then
the more distant the market, the more prosperous
must be the farmer; and the nearer the market
the lower must be the value of labor and land Are
they true! Are they 80 nearly true as to have
| warranted the honorable gentleman in making
them In reply, we have to say that when, even
in private life, gentleman makes statement, VIC
are bound to suppose that he believes it to be the
truth, the whole truth, and nothing but the truth
and to say that he did otherwise, would be to sa
that he was not entitled to be considered man of
honor; and this, whether the departure from truth
charged upon him consisted in the suppression OF
important facts bearing upon the question, the
production of facts that had existence. In this
case we charge both, for facts of the highest i'm :
portance are suppressed, and others are asserted
that are not facts. Nevertheless, desire cxpli-
city to disclam the idea OF charging the honorab BILE
member with any intentional failure in veracity,
for we regard him only of those who have
been mised by the fraudulent tables systematically
put forth by such Papn1s p az the New York Journal
scarcely doubt that. when the mist shall have been
cleared from before his eyes, il will be him
ofmuch modification to recollect that he had signal
lied his advent to the councils Of the nation by
dorsng so grievous perversion of facts that we
have here copied
We propose now to examine these statements
with view to show
Fret, that they are not in accordance with the
real facts OF the case; second, that facts Of the hig
est importance to correct understa nding of those
that are given have been throughout suppressed;
and third. that those thus suppressed are patent to
the world. and that 1t was failure in the duty he
owed to his constituents for the honorable member
to attempt to instruct his fellow citizens in regard
to q question admitted 10 be of such vital import
ancc to their material and moral interests, and to
the prosperity and power OF the nation. without
first making himself acquainted with them
Before doing this, we desire to call the attention
OF our readers to the precise view OF the that the
purpose give them again an extract from Mr..
Walkers Report, that has once before been laid
before them;
Experience ia against the protective policy.
From long peace, Europe is becoming
densely populated, that her poorer and more
certain climate affords less adequate supply Of
food from year to year for her rapidly increasing
population Under system of low duties, and a
reciprocal interchange Of commodities, il will be
the interest not only of Great Britain but also Of
moet Of the continent of Europe, to take a large
supply of food from US; but by arresting this cx-
change of their fabrics for products IL becomes
their interest," and in fact necessity, To look for
and encourage markets elsewhere; and also, by
extraordinary means and high government boun-
ties, To drive capital into agriculture hore TO sup
ply the wants Of their people, unable TO purchase
our products, for which we demand specie in
change. II we receive the fabrics OF Eurvpc in
change for products, il will be to their interest
TO encourage and enlarge that commerce; and it
must 60 on rapidly augmsatsng, untii our country
becomes he grannry of Enope, and our srporf trade
@ food shall soen srceed hat o cotton great that
is destined to be under system Of low duties"
~ England and America ,rers united by absoiufe
free trade the reciprocal exchange bstscsen them scouId
far oreeed the rLole foreign commerce of both;
and with reciprocal free trade with ali nations, our
own country, with it's pre-emincnt advantages,
cod meosus its annual trade in imports and exports
by Thousands of millions # dollars {"
England desires that there shs be in the world
BUT osE PvRcHasxR or COTTON, that che may fr
lite price; and Bur ONE sxILKa or CLOTH, that she
poy also fix its price. The object Of the tariff of
W hat of ahaui In
the puchase OF cotton, and thus TO raise it's price,
and competition for the sale of cloth, and tbus 20
diminish the coat to the consumer, and enable him
TO consume more; and suCh have beer the results
Of protection in France, Belgium, Germany, and
Russia while the hiss beer the in all the
countries Of the world, in which, by means of the
maintenapce Of free tsde with Engisnd, the farm
crs have been obliged TO content themselves with
having bot one purchaser OF heir products and
one seller TO them Of cloth and Of iron Never
uielcss, the honorable Secretary anraus 10
adopt the system that had ruined Ireland and In
dia, Turkey and Portugal. "Close," WAS hs the
ory, "thc domestic market, now 80 rapidly grow
log. and you will find larger one abrosd Re
lnquish the absurd idea that two purchasers OF
cotton are better TO you thnn one, that you will
have cloth and iron cheaper when there are two
selcrs than when there il only one. The more Gu
tirely you confnc yourselves TO agriculture, and
the more complete the control OF the spinncrs Of
Manchester over the prices of your products, the
richer you will grow" His policy was adopted
md boncciorth the exports were TO increase in
quantity, and their vaoc was to increase, enabling
us 20 buy more sold more; and the greater the
9nrrf,fy OF commodities sent abroad, the grent.
cr wa. 20 be the quantity OF other commodities we
were to receive in exchange. "A pcrusal of the
tract from the speech OF the honorable member
above given, will show that it's object is prove
That these magnificent cr pcctntions have been and
are in a course Of being realized, and that "not
only have prices risen, but that Quantities have
vastly increased" II, now, ii be shown that in
every case within the range OF his tables increased
h~a he -l.-x.
uty sent to the markets Of Europe. and that rsc o
price has invariably been n consequence Of dirni
mutton in tho quantity sent TO them, IL will be obvi.
ous TO our readers that, IN this well combined col
lection of hgures, there has been n suppression Of
facts Tor which its author will require To call 10
count those who have eercgiously imposed upon
him. That such is the case, propose now 10
satisfy them. commencing as he has commenced,
with
corroS.
In the four years ending with IS42-the fret pc
riod selected by the honorable mcmber-tho cot.
ton crops averaged million seven hundred
thousand bales, and the export million four
hundred and hity thousand; according nearly with
the returns TO the Treasury, which gave an annual
average OF nearly ak hundred millions of pounds
In the csrliest OF those years the export price
fOurtecn cenis; but with the gradual increase in
the quantity exported, consequent upon the closing
OF the domestic market az the strictly revenue
tariff came into operation the price fell until in
lsi-42, IL stood at sight csnts here while IN Eng
land the average OF the last year Of this free trade
period wac ltte more than hive. pence per pound.
Here, at least, we have casc in which increased
quantity was not attended with increase OF priccs,
although that increase of quantity was attended
sith the adoption Of British free trade to extent
that has not since been tried, our duties having
then been only twenty per cent.
In The four succeeding years, 1928 20 lsi5-i6,
the crops amounted TO eight millions eight hun |
dred thousand bnlcs, giving an average OF two !
millions two hundred thousand, or half a million /
more than in The previous period, from lS3S to |
lsi2 and "a our consumption was then only he 4
ginning TO revive from the destructive effects OF
the revenue tariff, nearly the whole surpCs was !
To seek rnarketin England, that coun-
Try upon which Il is the object Of the tariff Of 1916
10 make our farmers and planters go dependent. |
, nd with which We mght.sccording to Mr.. Walker,
have 20 large trade, provided only that we sent
her all our cotton 20 be converted into cloth How
this operated in the period from st2 TO isi6 when
We bad large crops, shall now be shown.