New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-08-12

tbr lat ten ysais Of tW Ancial pSn. ,hs u,ea.
TIE S%ctiAry Of the IrsAsu2 III uodac,ioo Of
.nee ,ht year 1870 ,t4tes thef 1T thai sne amer,
..y rroouction n the year 1850 vas s6o a.,
he Foreign import Of the same year 9ny re pr1
al SAYS "the conclusion is inevaoe To;,.J states
Tin and manufacture Of Iron M the cnTeu So
thin very shor, period OF years wa e6c'1Se ~
4" Fo,eien production ano nsnusc'ure ~ g, ure !,
he .avs tina, already the Anne ican man IS
ain po..essop Of the bome market o. 70 o. ,u,e
"fabrcs, and beginning succes'iuuJ |A'
oof the 6ptr fabrics. .o.,;o, m
tn sse are The good parts of policy OF protecSon 20
nod,rste that without the help o. numb. - du,;cs
pendent suies cooperating wlh tne Cn,too nrannfnc
- ,bs.r braI chez Of the 1rvn ano COTTON nAuto
,,',s % xhi, the SecietaIys Report justly sppJ.
ND not have been ,usta ned IN the paSS,, v. -
sueh catering promises for the iuluIe. n their
ton .teneed 70 them, and which now appes' 1904
n.n..,;,v covers a p.rIod Of not more thAp iou -
,,s and has been Efficiently operative for on aoOa.
b.if of that time Yet, with all f-vori' & lhnueooI
cor curing under staple policy the e.I1i prss S;c
xiii of our manufacturers may IN une scnsse .Suad
tory over the competition OF cheaper "u 0
AMI capital and labor abroad
Jr,ve,.ion of ,he U'ooLsr Interest. r
On, our WOO ems have lspgurhed TO the Verge VI
uc+;on vble these TWO branches, Of not moe tnan
soueI imuortsnce, have 20 far pr"-pele1. ~ to'U
imported for consumption siOovvVso ;mn"rt.J for
cNnsnmn,ion A22 OOO, 900 Of woolens, aid ohy elo
500 OcO Of co'tols aud exported OF domestic co.I?ns
neerl, Sc eco 0Oo-n the one case more lnab 1ouous
our crp, &c enc. uLop for, ign PRODUCTION, ona ~ '
9TH +, ducipg Il in feet p per cent.
NJ =. are lust as .epabe of growing WOOL soo
Manufacturing it a. of the corresponding octtoh
p,oc uctivn and manufacture Ihe territory VI .uJ
f,i,.d States ADAPTED to wool growing " ~ large anu
a. favorable AZ Europe po-s,sses and devotes 10 toe
nuro.. Al il tbv-e Quslt les Of The article ~oicn we
do not T cannot Lr0t,aoly cultivate were eAenp'eI
fr, duty and aft roed equally cheap 10 our own ae
IN IN. foreign manufacturer There Is 40 natura csure
nj
uo.,ep factories sufiicis Mt TO open remoneraung
u a,k.t for our farmers TO an sin'st ohiiuteo eA-
tent There are portions of the United States 10 whicn
n ne,t al be wool OF the world bs' already been
Grown. and il is DO. sole thai this NIGH, IN tim'. be
brought DID 10 supply e' the cemand suco hrst
quality OF staple out II Is eersn that 81 Tue qua'
bewt en- the finest and cosrsest could be suPpi qo
up TO the demand of the market wihin I've years from
the establishment Of al encouraging policy ana Con-
or, 81 imp. raivey calico upon now To decide whether
% vast An interest as this shall be sustained or
destroyed.
Protection TO tie WOOL Grorer and Manufacture, or
Destruction 10 one Of the three gredttN ordHcHes OF
American Industry.
Ar TIE out stiop stands moreover, let II not be
oytroukt that if the maj ufac'ue snail De relieved
of all weight wbich the cuties upon all quali OF WOOL
iupo.e on il by placing tb. be free list the Wool
orowpe int, str of the Try Will Dc utterly crushed
If the II al ufaciure protected rs 1t must be by
DUTY Of so per cent, the sgicuurir's Will De taxed
thai much upon all the woolens they mast use, while
desIoytd: and If wool.ns shall not be thus protected,
the D,aI ufacuer and farmer arr both overShe'meh,
ana the country dto veo OF all share III one o toe
three pIest.st arches Of hunsp industry. The con,
run pion of uooens ~ least equal in value TO THAI
OF cutiuis in the Uned States suo u rurr. nd-r their
roducilvn aud manufacture tn destruction IL 20 IN
wse hat Dot 10 be sdppo-ed possible 10 an nteln
Q, NJ pc ple Let home naik-t Tor al the Wool inv
csn b, u ftsby produced in this country BIZ created
b, a g b, bye i'll The present tariff which will exempt
tie cOentst and finest qualities from outy, rals7 the
duii, or bsDDe, bal kes and fabrics whlco require
the nioolmg QUaiits of wool, when the United
States can ,uppl, abun aD ly ami farmer snd MAUI
tur.r will be l, II. to that prJ>p.rty of winch
they rave been deprived, aid the revenues VII DE re-
uc.d by ID. diniDuton of imports effected ny the
f,ue supply. sbd all the objects vi Jurt ana Wise
ltsit 'atioL Wl be eq1ally met.
keductien of the r. renue By Protection Of the Wooden
Nanpfdctur,s
The customs have ris' u on ~ooens In eleven years
n, g. 3l3 i95 10 s6,0ss Isl, while tnoee on c)tors
have fall.p from o. ESQ 73t 10 SO s23 29f H.Te we
b,ye a ratio OF Jedp'aon H. the revenue from this
source which, und parallel circumstances, woud, by
It's Greet ,pershn recuce the annual surplus OF the
1repsur, at ltbst 81 600 600.
Ado this pr, bable tducton 10 the Secretarys est
late of the oin utior promised by bis propo'ed free
hs' and about 50 600 900 f omir uop in tie annual
iairly provided tor-e5 DOC, 600 imme0i-
.tt, and 81 600 600 ct a. soon IL fact ries can be
built ibo.e which Rave beer converted from wo"len
to other manufactures. CAD be restore d-and sheep,
Which by natural in-rrase more than double their
Lrmber every year, be reared to supply the de-
m8Dd.
Silks-Rennss from them.
Another al q more Immediately eff. GIVE reduction
Of the revenues may be ade ny levivIng the tariff
up6n shs as TO reCuce RE rates upon dl qualities
ard XII DIS v ch do Ut compete with any e-t.bli-bed
lroc ucfon Ct the article ut hone. The Imports have
rs in vsue stree ls47 from i-ss than 900 900 TO
over ga Geo coo and the customs from 80 1913 $50 b
s6,l29 $50. IN these Dre y,Srs the total amour Of
cpirs received INTO the Trfa,uiy from manufactures
Of Xix u ISL s93 s7l while the total reveLue from
roD moi ufa ctur.s If ron and iron and steel amount
I'd to only $50 1856 s42.
Luxuries and the rule for turing them
Silk Manufactures stand bights: in productiveness
to the Treasury Of all the arichs enumt rated ia the
tsrif schedUts they owe this raj ss sources Of rev.
tnpe, it seems to your Commit. e, sny to the mis-.
8ppcsioD Of general rule whch has governed tariff
.ghlst"n during ttoss periods Of financial necessity
wbeb import tutes were IeaDTfed to 10 supply the
1TeasuDs dehciepces aid were I, II to be nejessay
irctae OF The burdens Of taxation tor revenue pur-
Iosts. This iule ko'os with come justice that the
thy shaD contribute more 5eraly 10 toe national
vaDts than eau be fairly demanded Of tue compare
tiv'1 y por Hence The maxim that lux uies shoulJ
b, al The hi chest revenue duis When this rule has
tne effect OF esseppe the hur0en Of t-xaon up the
Ioor ought to ifs ope atop but when n altered
rc nsiorcts. both of The Dsfion-l finances and the
general coDotNn Of the poop it only operates TO bar
The people Ut moderate ndet endeLce e ou the eojoy.
Tebt VI such nxuIi's without aordi"g then CORES
l. ncpg az coDpt nsatipg rtl. from axatn il takes
VI hiALlo'0iibB ~ inc yes Oh the
nch ard preysl til the Gth.iwiae possible 0yment
Of n1uits by the whole peopl-. Luxury is relative
tenn, and must change s me sning or It's app alton
with oil cbn ger OF dtion IN its subjects Before
the year 1852 tea and c,.e tr. atsd as uxu.e.
b, the pr vcus tariff although they were IN re than
t,ftce 'ly pre- ductve If venue fof al the ~sets of
bt Government by the set Of that year they we're
put into The free h-t probab, bee .se they did not
'htfI into cn petition it'll any hone product Oh Of
Tler character sne use, and possibly 70 the add
topsl ard equally good ressop, tina. Repu ,licsn
eIs ept us's to IT, Elm a. ey.ipg 90 the comforts
aio enjoy Of the people Of every condition to