New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-12-12
quitay ard ace ST. Domingo Conquered By 6ldbus'

Tks Secretary Of the Treasury Is evidenas
tsu,td by ,ts ghost Of Protection. All his polls
osl life bitter enery Ct tie Protective Policy, b.
cb7.oa.Iy feels that its overthrow is one m,io
csnse e or preeent disseters. Though nobody 10
proposing or Anticipating a return to Protection
Mr.. Cobb oombste ,uch retarn ~ though it wero
On muinent End fearful peril Though there be
TO adversary il the feld, he is bound to have his
6elt the ZANE as though there we're. He ssys:
"Asms..sre Of Iesf to ths county 1. proposed to In
ssded By s'ue mode Of sIhcsns .hs country
fioU it, eub.TsSsu ers and sfordiag iDfnecae Wed
T. relief q the pubo distress The people are he.y
by SSdins % their b9 Ia. TIE .nd
sy Uos hAye been brought 10 the support OF this popo
,on dtmerd thst II. shoa.d BE- examined vita .ons
cao ed without attempting an el,bor.e exposition Of
ton winch res heretofore commanded 20 much o. me
heb rsn4s the sicpiOn Of such poacJ un~'e ard
iup.tpt: ,....,,..,., 49,. .h,. ,,S.,.,ox
ts-,f tie mpos:ic1 q foreign manufactures t-nol ID
asd ters b 81 into tie country At lover price. tn,n they
tv,sr il uinoas 70 HI. banes. The remedy IT, 20 raise the
dtis. uPen the sisa Ares 70 .asA point East either VI.
entire bone nutet ess vii be ncseud IN prics ~
receive tpr.f.pe for hi, predictions Tbs. tbs ef
feet woo tt Temporarily r ihe ,eIehi o. TIE Ia
vp~n o7e7cr esu-e ~ relief 10 rHs, eohas. US
tho ctu.rn.e.G.
i5--ss dry reitheI sia.hs. The Importation,
poT u itt,.' o &c. = ,,sf.c tss no bs eses.
sboa6 y exclude the foreign s'sce thea the domestic
h. own p,ice The reAef higher price fer sis
ecnds snc n..:eT Of osuise 1resusned ne VII tsea
tmea1 Tie ev q low p1ce. Of which h,d comp.ibed
TIE esec rrn The consumer is esr. He must pay the IA
az ton Sie. rrssr Ss ea!stins tate cf tans When
b. - The .ce be hes nc. oiy Furnishes lin self
cd. AZ
tine Ls pae ito the Tes.gry the tax required Of h for sue
sgYyc y GeJeraDtpt. TIE d relief proposed By
ia COCOA AID where s foiesn ace ia enGlsted leaves
ryped srS b. is called Upon to pay e. from his other
E-toaoe IRE eerFe Of rect ,ao, n poses gpSa
t inceasd duty .ud no exclude the importation Of the
de d.ue osTuiscn1s tie Effect Upon ne consumer woud
Be- g ss TN 70 S s s pf not 1
,n Of ls'ion put uPon him for the benefit Of
tbe r,.i' proportion Of n, foreign aud d9us.tie article ne
Ia event car the Increased DUTY operate 70
rssyoraDg ury tt The amount Of benefit COZ.
ltred ard i9uy s.s:and y hs proposed re lei mesa,;
G. articles IN TIE increased duties
laid az: =, the BuI Of .Hssss, the pu%ss q
ofrt poEoJ SoPartsl snd ADJUST IN lis operations
20. ooEuu.aod the approval OF the country"
Let va consider this statement in detail.
l. Dir. Cobb assumes that Foreign Fabrics Ara
m POI ted to the prejudice Of OR own rival pro-
ductions only in cs,e they are brought into the
" country at lower prices than they csn be pro.
duce1." The fact lie otherwise. Millions worth Of
Cloths, Furniture, Watches, and articles Of luxury
he obtained cheaper, but becsuse the consumers
o:aye what Is fsrfe!cted, or because the lops-es-
tabli.he3 and wealthy European manufacturers can
give ot ger credits tran their aaif dsed American
rivals csn pctsibly afford. We can show that hun
6r Is Of articles have been ctespened By Protection
wLore cne las bees made desrer.
II. Well, then, says Mr. Cobb, Protection car
not beref. the Manufacturer, fer what he wants is
q higher pics for MS products. No. Mr.. Secretary,
500 sre entirely wrong. We, for eIsmple, manu-
fsetuIe newspapers, and make living By it. We
Elins eIst tsal cheaper sheet, and make batter
liv,rg by It. than W. could do if Foreign news.
pspsr, ooi upetel With cur, for our Home Market,
just Is Foreign Cas,imeIes ard CAttoes 40 With
American ditto. We skoald be absolutely com
PEELED to ncTeale the price CT our paper or prlat
il ct far Lees cost, il exposed to a serious
foreign conyetiEon-h a Cargo Of British journals
received during the light could replace and suPpaot
our issue OF the snsuinenorDirg. NomAncould print
il New.Ycri so costy a sseet as this for!T cents
uuJsr such .yste.n Of free foreign competition.
ALG now, if by sly means We could be qua
,esdy sale for all tie papers We could print we
should print cheaper sheet-ttatis, one on which
We Fad lsvishsd more expen,e--thsn We can aow
possibly AfoId.
II. But says Mr.. Cobb, " If the effect [ Of Pro-
teoticn should be to exclude tie foreign article,
I" then tss domestic manufacturer monopoizes the
theme market, and commands his osn Pries."
Why, 10. be ooes rot, Or. Secretary because ether
home usIufAc.urers won't let him! There ia no
monopoly in any mans favor, but fair field for
sl, so Tia: they employ American workmen, con.
s1nits American focd aid receiving ACeric.a
wages. ThOse very foreign manufacturers, whom
ycu ,egs,d IS sbn! out, are invited to come
bittar sd ir7tst shsir experience ald their
.,,iial-say, they vM come, do come, when
ever it is made their iDtere;t to do so. If
Protective Tariff should render any branch of
manufacture largely remunerat!se thousands would
ireYitsbly rush into thst very branch, sud tempo
rsrly oysrdo il, but the ultimate result would be
an equilibrium. duty Of ten thousand per cert.
On foreign cch could lot raise the price Of home
made cloth rcr the profits Of making it above fair
rate Hume competition would soon cure al in.
eousli!ies. Your tax of the home manufacturer
wier a1ch circumstsr ces as unrsstrained BY the
CLAW, of onpetii.on' is moustrously wrong You
m;cht myel tax Of the American hsy.maker or
esbbsee- grower - "unrestraHed BY the Ia rs Of