New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-07-19
FEpE TRADERS NEW AND Old

Of The Economist They square exactly with the
American eagle. star-and-'tripe, blood. thunder and
smoke freerade speech Of General Davis It the ban
ouet Of Friday Heaven, OF intended that Eng
land should manufacture fer the South and thar the
South should pay England for doing Even The Ne's
York Times OF yesterday seems of this opinion for IN
annoatiDg upon the above speech it is hugely free
traGish after the British pattern What is in the wind
now
But perhaps our contemporary is wrong in making
such free.trade advances, for in The Economist re-
Memphis there terrible argLmsntatiye flaw the logic
Of the monopoly argument being fairly cracked 10 driv
ING MP against such sentence this which is indeed
tie best base for tariff diaeccs that could desire:
The real physical facts" says III 0aoHii,t upon
which civilization depends are the proximity and raPii
COMMUNICATION between men
Precisely. That is what We have been con,ending
for so long and is thai proximity and that rapid COM
muuicatlcn which TIE Economist mohoposts have for
bddeu No one will assert that the proximity aud
rapid communication between planters estate aad
cotton mill on it, are not immeasuraby greater than be-
tween the same estate and the NIL 10 English Manches
ter with the necessity of return voyage Tic EcOHO
mast further says:
at pale but no; inexplcable 10 SEA the new con-
muny in III, States adopting the exploded errors o! ihs
cd communities OF Europe
Not tue they are not errors, and they are no. eX-
ploded Russia, Prussia France, aud Spain all stick
70 their genial protective tariffs. But England Pur-
sued for series Of centuries ferOcious aud
sneabng policy against the industry of other na.lons
as Adam Smith describes it" manifest viola
." ton of tie most sacred rights Of maOhioI'
having destroyed tie manufactures Of Iudn, Postu-
GAL Turkey ard IIea1d-hav0g kept back those o.
Other countries of Europe and, those Of America. be-
de Until she thought she could play the farce Of tfe"
Trade-noT comes before the @ord as KS apostle,
and delUges each c.untI! "i'h her selfish, graspDs,
humbuCciug policy. She has actually dcluded
supposed ma Gritty OF this country into Il sort OF
Martial and las bird free trade though II equal and exact
ustse reianed in votes if three uegrodrvers id not
rate as FIVE men who do Lot drive negroes the tariff
question would have been settled in favor Of protection.
Tie E,onomist need not pity Russia. Seia'ic H.
dustry is advancing Turkey, curst with three per
cent impor, duty ree-trad-is essPing III poverty,
lie every other naton which is stupid enough 10 adm.
tut.rey ;he Anglo Trojan horse
But in tie midst Of our folly We find there is 8 lit
tie hubbub az the soutf on this very question. The
modem ~ ptaus Of our Memph. are ooked uron as
tarlsh b; tie r4bl free raiders AID there arr signs
OF splt in the camp
Tie T.r1s Of this Cry eays Yesterday. on The subec:
Of free trade:
hight wrong The people cf .h.s country have t.
Cdec aim - 81 directly and " -up % gtt- IS ty
~ favor e urrrstreo commerce have those II En-,
aLd And thst lrN Wi not be WISE. u either country.
Wh,i j chaIeu-- tL- verdict and q. st upol another
Indeed Tale the seyeral tariff. as the; have been
imposed and VII be found that the free-rdde stand
ara has dcclned under eacn bdcrion 70, example, by
the standard OF l-i De duties we're higher than D. tat
Of l-32. BY tie latter they were 70 be reduced to
copper cent and in IL? IL proposf 20 srperinducs
sieduc'on Of per cent year until absolute free
trade was achieved The necessities Of tse country,
tie rot,en finances and uuenpo ed hordes Of working
people stopped this charming projec,, and the pro-
t,cuve tarf bill passed. Is econ as the ~
b. gsD under IFS benign effects the p7ophe,
Walker steps in Wlh lis bill and s.nashes the young
td.loe. Bu, so far FROM coming dosn TO uothins cr
tel per cent or even twenty, the compromise standard
this iree.iade bill rs up TO 30 FER cent and less
tLan si1 uou - afteraard IL comes M Walker again
in BIS Treasury Report Of February /, l.47, and puts
up various articles to icrty per cent
Do!,u csltls approaching free trade according 20
the Vat cinstul % tie fanatics Not bi, of it, Il
j. taking the bach tack. II is declaration that this
Zee trade talk is ilrrago OF -considered words and
soad o. laundering calcula ions And worse aud worse
tske OUT present indebtedness bonds which must be
met-tliee hundred and sixteen millions due in Europe
Where would Se Lave been lh eur annexations. ex.
tensions and exp nsioDs under the -i6 panscea but
for The supply Of Californian and Australian gold, Is
II not reasonable 10 suppose that should have under
gone Commercial crisis The people Of thu. country
are Nc; for free trade. They cannot be- They eoope.
with TIE theory and long her causes make bu.i
coed they tolerate negalon Of protection inst
sufhcier; 10 inure certain interests. bu, snsNs n
ass he whole error
On the result Of tbs free trade between England and
America The Times ssys
~Ns.re vii douh.ira. this j. result of the hybsst ~
sbe importance - II, wrlbeug OF the hu nan 20
20 which much of what generally as--s .,- na-i,
prosperity may vel be sArrirced.-,u= couos--d =
Which az ou1 notions Of national iuds psncenee s-sn III
little weight
TIE chances Of peace are not multiplied BIZ auy p,l
icy which scaters I'D imp'yerishes B. TIA. process.
vt Lad var wiki Mexice-sn expensive luxury =. p.
Secretary OF War shoEed. Besides il i. precis.l,
when We manufacture most under protective ,s-;a
that We export most, or n o her words. the ~
riehng qualities Of that policy enable US 10 Increase
our commerce Before the tariiT OF I>2- n. -.
changes Of our iron only reached % pounds ahead T.
$50 they attained TO y pounds 8 head From Is.
TO ls4l they sversged Is pounds head No progress
here az there was Just before. In l-4l2 the average
fell 10 3 pounds-tLis was under ree-trade. From
to ls47 they had risen to q pounds Then under u,
effects of The tariff of lsi6 they fell TO % pounds. Al
other staples show equally grea results IN favor OF pro
lection
Tic ,.l.,l.. : g feof.- = sud. .:-..---- 49,.