New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-03-25

eur res6sn nsw 4, while those Of he Ti~ss ast
taks Is - trust
Our ssiehbsr 10 sA wreas-0ievoasv wrNs-
in sasumias that we dsduoed a evil sagsuy ffsa
Tho nero fact hat tho Imports ct this sa.,srisa
siaos Jan. lst bad greatly everbssDced The N.
ports. We were quite - well aware - 7As TSsss
that tho Imports At this point alrsys exceed -
Exports thence, and that our Exporh sW
mainly clipped from the hsrbon Of uS
Phatng States. Our statement Of tho ImPerts'
and Exports Of last year sufficiently indicated this.
1t was the fact that while our Exports from thb
point had fallen off, a. compared with those Of tas
corresponding portion Of last year, our Imports
had been sweled from Thirty -six to nearly Forty.
eight Millions, that we deemed omiuoss. All tn
is expressed in our former paragraph % this psiat
which The Times should have copied in full wAsa
characterzipg il as "one Of the most glarins casss
of suppressio reri, "curious statstics," &c., &C.
Our neishbol's homily on this point 10 1t once ~
just and impertinent.
The Timsss assertion that We are paying tweatv-
five DER cent. extra on all our homemade metah.
wares and fabrics when that rate Of duty 10 in
posed on their foreign rivals, 10 too absurd. Dses
our neighbor imagine that our Pennsykanis Cod
would be thirty per cent cheaper breiga
Coal were admitted duty free' There are nasy
articles charged twenty to thirty per cent By tie
Tariff Of '46 which We make cheaper than any other
country. The school in which The TYmes learned
Political Economy must have had singular Coz
tempt for facts.
The Times cannot reconcile our statement that
the recent enlargement Of our stock Of Gold forms
Q real addition to the National wealth, with osr
remark in another article that this has been Oh.
tanned by diversion and absorption Of labor which
would otherwise have built factories and increassl
our annual product Of fabrics, &c. We deem these
two statements in perfect harmony with each oEAsr
Still, our main difference with The Tines relstss
TO our habit of borrowing running in debt abroad
The Times thinks this deightful-just tho thing
process Of which we cannot have too muoh-ss
that instead of assaling u a. having exAggersted
the accruins balance Of trade against u.s. il should
have exulted ever and msgni6ed our success b
selling bonds abroad For some. of these We shall
never pay, argues The Times; 70 eli We got for
these 10 90 much clear gain; while, - to tho rest,
our running in debt in Europe only proves money
worth more here than there. To this We can By
no means assent. We believe our Country owes st
least One Hundred Millions abroad for fabrics
and metals which it might far better have
produced at home-that all the "cspital" needed
90 to produce them was the labor Of mon and
women who have stood idle for months together
because no one would hire tAsm-and that Il we
had, through the influence Of . more wisely dis
eliminating Tariff, or otherwise, produced those
fabrics at home, we should not only have been 20
much less in debt but should have had money
abundant at lower rates Of interest than those
which are held to justify our running in debt -
Aforesaid.
Such, very briefly, are eur views on tho points Of
exception last taken BY The Times. Which 10
right, the public will judge; but the issue must
finally determine.
The above article has been crowded out from day TO Day W
immediate reference IL lost to tho casual reader but the
points o slucdste = Of enduring moueDal