New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-01-06


wives and children we're deprived Of food. and the
internal trade of the country seemed nearly at al
end The power TO purchase food or clothing 30
far declined that prices fell to poa, lOser We
believe than bad ever before been known-Cot-
ton to q l0c Beef 70 = 3 80; PORK to
= sea :, 81 barrel. ald WOOL 10 3)c. pound.
Our ee.trade frit nds were then Is TAs J,Hr-
nal vel knows. sn1lousy hoping that a, these
low prices much produce would 20 sbro,d, thus
ensblog u, TO get back specie TO take the place
of that which had been exported and replace
that which had been used in the srSs; but the low
prices a. which tie produce was required 70 be
cold forbade tba, sucu should De the snd the
years l54l-2 still exhibited an excess export o..
specie. Why il was so was. th.t the same guam
thy of produce that would in l-51 have co..
msnded abroad 2,7 millions OF dollars wolld then
command but l4l millions as was a, that time
shown in one Of our lree.trade journals. We hal
much 10 cell, for We had destroyed the domestic
market: but the more We had 70 sell, the less We
GOT for it, as is found SO often by our planters to
be The Gaze.
Now. we doubt not The Journal could show
that there It'll remained much money in the
county add thu. even the banks of Olio, lndi.
sna and Illinois had in their possession some hun
dreos of Thousands o. dollars in gold aud silver;
but in so doing iS would only prove that the op-
fraiioDs of that DAY were similar to those Of oar
own-creCit having persisted under British free
trade. aud boarding everywhere having been re-
sorted 10. The tar fl Of l-i2 brought 4. OG from
-. nd mi sd led IN fh,a
meals Of the country as if It had been imported.
Were that tariff this day reenscted. the same e.
feet would be produced in our day that then was
visible
We all know now that money is very scarce
and yet when mex. protection shall haSe re-
established the trade of the country -and wlen
The Journal shall az ain be agitatiDg FOX the de-
struc,ion Of all the interests that ia any manner
compete with its Manchester AMI Birmingham
fIiends-we shall have It telling us that it is mis-
take to suppose that money was scarce in 1854;
and in proof that is So. will show Us how mu n
gold and silver remained in the vaults of the
Banks OF this City and State, and will quote
from the Treasury Report evidence nov plenty
money must have been-and yet our readers know
tually prOstrsted credit as to to have rendered it
very scarce.
Our neghbcrs are foEd Of gathering up small
facts, and twetng them to suit their purposes
VIII The! now permit US to ak their opinion of
tie following great eDes
Protection died in l'l', beque,thns to Br i.h
ree-trade trade that gave an sIees, import Of
,peos-a people among whom there existed great
prosper iy-alsrQe public revenue-snd rapidly
diminishing pubic debt.
Rrt.h iree-trade ced in 1924 bequeattiug to
protection trade that gave an ere'ss export cf
.pec,e-an impoverished people, declining pub
lie ievenue-and a stationary public debt
Protection died in l734-5, bequeathIng to Bat
ish fiee-,raoe trade that gave an eIeess import
Of spocie-a people more prosperous tnaa any chat
hsd ever then been kDOsn-a revenue 50 great
that it had been rendered necessary TO emanclPite
from DUTY tea coffee, and many other articles
that We oid not produce-and treasury free
from all charge on account of public debt.
Britsb 'reerrade died IN l7I2, bequeathlng to
protection trade that gave an eTeess eIPort %
speeie-a people ruined and their Governments IN
3 state OF repudiatloh-a pubic treasury balA-
rup', and begging everywhere for Loans at tue
behest rate OF interest," revenue collected aud
dsbursed in irredeemAble paper money-and
very large foreign debt.
Protection died in l5i7, bequeathing to British
freetrade trade that gave an eTcess import Of
.pecie-s Highly prosperous peoPe-osate Gov
eTnmspts restored 70 credit-a rapidly growing
commerce-a large public reyenue-and decln-
ing foreign debt.
British ffee-uade has next TO make its will,
having nothing to bequeath but a trade that
drains u # our speele--a people rapidly passing
toward ruin-a declining cOmmerce-and tOreigi
debt requiring for the payne Mt Of It's mere inter
es. at least twenty millions OF dollars year.
viii The Journal do Us the favor TO say IL it
admits these great facts 10 be correctly stated
When it shall have done so, II it shall deslre any
fur er information as 10 how much silver aud
gold we're in the country 10 l-i2 we shall have
great pleasure in furnishing it. Dare 1t no! fol-
low our example, in placing this article before It's
reaGer- as We Go now BY that 10 which We re-
ply Can il not afford, n only for once, TO let
the In see both sides of question
NEpRAsEA.-The acting Governor Of ;nis Territory
has issued proclamaiions converting the Legislature