New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-12-02
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:, nam d.t,cton In their unf,ra Misrepresentation
y1,o ,,oteeton has accomplished tho olieoI for
,,bieh II was intended. that of chohprplng Tho con"
n oddities protected hoy afsure ileiffendem That a"'''
ursh FREQ trade this would be more ad'hniagoo"'y
enp,lled ~ protection taxes thom i"r tho brn'ht %
tLo ownors Of furnaces aud mills When neat brush
free tfndo Lna destroyed domestic competition ma
pI, ed Tho prices Of MI the commodities that had been
urotccied they point to high prices az evidence OF
rro,pefty aud invite 10 rejoice nj the large diF
bends among tho owners Of furnaces aud mills Iherc
H. thus nm unceasng change Of front resulting III
,omc cn,es from want Of honesty and in others from
want Of knowledge little Of the latter would enable
tlem 10 perceive that the permanent Interests oil the
produccr and the consumer are always one and the
.oue This, however. many Of them do not care TO
see while others among them really too blind TO
discover that III former may be enriched by large
demand resulting from the power TO furnish cheaply'
while the lstter is being benefited by the power TO
enjoy numerous comforts of which he before had been
deprived
The object had in view in the establishment of pro-
lection was that of enabling the whole people 70 Obtain
cheaper iron, cheaper lead, and cheaper cloth iae
Object charged upon the supporters of protection by the
slam Democracy of 1872 was desire to enrich the
few by compelling the many to purchase dearer iron,
clotb and lead Under the tariff of that year the pro-
dueon of iron grew with such rapdiy as to gender
absolutely certain that in short time we should be so
chespy supplied to stop importation altogether but
the sham Democracy stepped in and reduced the dutes
and thus destroyed all the smaller and less wealthy
furnace masters, after which prices went up, and con-
sumers now Pay eighty dollars for iron that would be
supplied al fifty had the policy OF 1912 been permitted
TO remain unmOlested SO, too, with lead. Under
that tariff its production increased so rapidly that we
were exporting it to all parts of the world but the sham
Democracy told the people wOuld be still cheaper if
the duty were reduced 1t reduced and the price
has doubled Tie few now become rich, and the many
pay high prices and thus has British free trade done
precisely what protection was charged with having 1t
in contemplation to do.
We advocate protection because it tends to the re-
ductcn of the prices of the commodities protected, to
the advantage of ALL and do not now hesitate to call
the attention Of the people to the fact that British
free trade is now building up the fortunes of the few
at the expense OF the convenience and comfort OF tho
many even at the risk of offending those who are now
obtaining high prices for CLOTH lead and iron. In SO
doing, we are as we well know, moving in direction
opposite to that of the sham Democracy which selects
hescont ofhe Rothschds for representatives
in European the monairemOnopolist ofthe Camden
and AmbOy Railroad for its representative in NewJer
sew and we ere not therefore at all surprised to find the
journals of the party now paying court to the rich iron
masters or the rich leadmasters at our expense as ia
being done by those of Illinois. In ono OF these, on
our table we are told that the persons engaged IN the
lead business of that State do not ask the advice OF
their former friend in NewYork they see, as do his
"proteconist brethren here and elsewhere, that he
has at a most critical juncture abandoned their
cause, and gone over to the enemy This is quite
worthy of the sham Democracy and of The J6ersonian
who supported Mr. Walker in 1916 on the ground
that Lis policy would reduce the price of iron and
lead, and now opposes protection because it
would have the same effect lie would prefer that the
rich should become rich at the cost of the many and he
approves of the high price of lead when it sells at 81
although he was for reduction when sold at half that
price. Such is not cur course. We advocate the poll
cy that will cause large production and enable the
whole people TO be cheaply supplied and we care not
if in so doing we offend those whom British free trade
is now enabling to enrich themselves at the cost of
those who need their commodities. To their support
The JtGtrsonian is entirely welcome. We desire to
see the building of numerous mills and furnaces, and
that would lead to such results would tend to the low
erng ofpces the author othe above extract would find
it Difficult. to defend the ground on which he supported
Mr. Walker in 1916 To US it seems that it is he who
I" has gone over to the enemy" having fled from the
. advocacy of low prices to that of high
While advocating the interests of the many who con-
sumo, VIC are not the intelligent among them well
know opposing the true interests Of the producers and
this The Jcgrs0nian might know if he possessed only
slight knowledge of the subject in regard to which he
undertakes TO teach his readers There is real diff
ference in their interests. The who now, with
very poor machinery mining little lead at large cost
could with good machinery mine much at little cost,
supplying it chenpy to the consumer and proGtng more
largely themselves and this The Jrs0HiaH well knows
The does he could satisfy fact without
leaving lis own neghborhood where be will find many
places at which little capital would bring large re-
turns from land that is idle and unproductiye Having
locked there let him next pass into Missouri and be
will there find some of the richest mines of l5i5 also
idle and for want of trivial amounts of capital that
would long sirce have been supplied but for the sham
Democratic tariff OF 1916, that builds up the fortunes
Of the few at the cost of the many
How it has worked may be shown by the fguresfur
uisledb by The Jefersonian ITSELF to which invite
the attention of readers In 1912 the trade was as
follows:
shirred at G,lrs Price
1920 pigs. 81 - per loo lbs
The product was therefore about 49,. s76l, 900.
In 1917 by aid of protection, they had risen to the
quantities and prices here given: