New-York daily tribune., 1858-12-07

finn vheh " ,tp,st ou-it = asv, been ~1efc'aly
sfec j. con ph-ls'i o. O Pi. e5 % -fis sr' -
,-n ro-rtf.es !urifg The is.. year. VIZ show that
,uol wts 70 u tact, s. the pre- i Tot ouy ic ,ne
/ T.te1 States b. il Europe Eio Tie Ir.,- uf zig
ron ~ tu.r H. 81 g. tsg q uu D-crErsr 81 1866 -.
r.: u De- mber 81. l>V', 81 o., beng decline
T of 20 F-I c,tinu. Tie ayersse price TT S-s- York.
Jarua:y iS55, vas - ~ J-rusry, is,s, VA.
40 20. showing tccl.re Of u p cclt-n. TIE d.
'Isuce hetseen The -Scst al lowest p'l,es ia NeF.
\ "a 'or tie yesr lSy' bs.Dg 81 Il Apt.L ln., aui
IN y, ccn'or, e icss lhAl % pfF ecu. VILE "a
a-.-r,, ssyesr ,he higtest snd ,o~es' 'of the sane
.. ne. -L,t Il, -. = ~a- 81 pof 'eAf9I,
?. .ysr'Es 7,s Of t,r irop O: L,sr -,.-.--ry.
7te price 4 h. ~ = vc,rsi -
lS' ''''''''''''''.'. rs
T. Prize ri tsI iroa Sew-Yo'k hr JaU1a-
IT, & ay-sss pc Q, i =: Nei, - j.aay
1885, Ns-'''''' go. '''''''''''''''''
Nov !, viii baIcly be con,,uded ,hs' s reduction Of
6per cent in onr ,arh deores-ed the frce Of roe c
Glasgow sra Liverpool. The arguueut a. the pro'ec.
,.ors, coutenp plate. different result. Tne-e fso's
y ~ that the prices have been as vel sustained "a
AmercA a. IN Europe, aud that tie depression which
occuued must ayc bcen Brought on by carses
Uo 10 both CouliIes. srd Independent uf the farff
oi S.;. 1t may be said that tie prices in America
would have been better sustained WIKI higher tauf
~ excluding the deportation OF ron from tughof at
tie low prices ruling there. Tie answer Is, that Z
the pIce of any commodity falls IN tile markets Of the
world, o.r people "a consumers, are entitled 20 tte
benefit Of b reduction and il No. just ths; tie price
should be utnaturaly sustained by legislation.
Tbs is especially true when the same causes have
produced Ike decline IN almost every mpo!tar. pro
dUct of cur cOnriry.
A table ia appended marked >, compiled from the
mot reliable sources accessible III the abs.ice OF any
official record, showing tie average price Tor the hre.
s. fiscal years and for each mouth OF each year in
the market Of New York ol lumber 6t leai0g arti-
cles. Eiom The table i vii appear that from the year
ending June 30, lsI5, % that ending June 30, lsb,
eurg1 "a i
y, a.aI Pi sag PEI
Observation-Disclosures whale oi...............l9
Tobacco
C,lp.5
No class losss more heavily .ustans greater pn /
yatons in period Of general revulson than the agr
cuiuris;s and It IL asking too much Of them to sab ~
10 additional burdens 10 order TO exemp. favored
portion of tier fellow-citizons from the common
calamity.
TIE above hst also shows how Little the decline in
rroe N lie ascrbed the change in the Tariff made
in l.j7. II occurred iudereniy, IN articles impored
in tie most trivial quantities. and in thcse mcst largely
imported IN articles the duty which was Ut changed
ard in those which it was diminished, proving that
the csus, WAS outside of oil Tar regulations and be-
yoTd the control OF legislation.
Bot IL il be alleged that although the changes made
in 1857 dd Dot rjure the American msnu'ac urer, yet
that such has been the resnt II the Tariff of 1870
which was based OF tie same principles, the answer
j.. tia, it does appear that the manufacturing in
i.fes,s hss suffered from that Tcrf Willie some par
tcnhr branches, prematnrely or improvldenfl co
tered into, nay have failed, yet the fac is well known
that al the great MANUFACTURING interests have ,rgry
Ioreasec since 1915, more rapidly than the population
aud general production of the couutry.
Al examination Of the statistics published under the
authority of various StAtes, smcng which may be
specified Massachusetts,, Ncw-l,rk aud oai', VIII |
ahundantiy Prove the proposition. One mode Of a..
Cera.ring the compara i've prosperity of the several
iudusris interests Of tie country, at different tmes,
is 10y CUmpafrg tho amounts IT products exported 10
foreign countries II being obvou that those who
compete in the common market with the Ike products
Of other countries certainly maintain themselves
at bome
Applying this test to the fscs, We find the following
re.u.ts:
The erpor, Of American manufactures for the yesr
l}f1 ~
irrregse ~ sls,,Sj Si5. eqnslt 100 y cent
tie exports o. ceeton were iS'7 , 81
Increase. az e5O,sl3 equal to ii6 y cent ..
Tobacco, ,,e, -3
Increase s9.5d3 .6si, equal TO ISj = cent
TIE exports Of agricultural production, eScep' Cot
ton ard Tobacco, during the same period, soow an
actual DE- creaee which, however, IL not fair com
parisou Gs 1917 was year OF famine 10 Europe, bat
the increase OF those exports by far comparison OF
the " periods is about from - to 100 per cent
OF the exports Of manufacture, those ot IRON eni
y he manufacture of iron are found to be; ls slo'
iSi; lsjs Sl729Sl increase, - Jo2,39O, equtl ID
SO per cent.
sometimes result from adver-ty instead oil property
a. when the holder III able 10 make sales nv hoir'
sps goods abroad, a lsst resort Bat II Is tAhlhs
our creiuty to be told that exports OF large class o
articles Will GO from year t. year, whie tne ahu
gncurers are unable to compete al home ~th the m
norter though protected by - or even IL per cent
And if be said that the year 1888 was one 10 which
tie state Of things referred TO especially existed
comparison cl the exports OF the preceding year con-
Celed 10 be one CI remaiEaoe pLVepeE!yi wiz SUI"
the result.
Il Will pot suffice to say that this prosperity owing
10 tie influx of gold from California. That has been
q cause Of general rise IN prices, ana oi ihcre"sed
activity in all industrial departments; but 10 reason !,
perceived Why the agriculture OF the country shouli
not be as much stimulated by that cause a. the manu-
iaotuIes Yet; while both have increased, the manu-,
fact lres have increased iaser, whereas Il they hsi
been seliouey injured by the Tariff Of 1916 they would,
at most, have improved more slowly tnan other inter
.s;s not go Affected. 80
of revising the present taTi, with view 70 fa'nS
suicioL, sum to meet the demands Of the public set
VICE Il has been proposed 10 repeal the act VI lcJ'
and reore the act Of 1876. To this suggestion there
aTe seiious objections which, 10 ny mad are lnsloer
abe | all well satisfied that the wants OF the Gov
erln ent 10 not require permanent Increase Of The
taxes to the extent of revyDg the Iatif OF oio Lac
duties Of forty and hundred per cent iposei py
that a.. are the present condition Of trade ad com
ncrce wholly indefepsibe. Tee public Dild oi the
country viii scarcely be brorght again 10 aclue.ce IN
any higher schedule than Thirty per cent, the maximum
o. lie pres,ut law Il would certainly require some
ore urgent necessity than exists OF inis tliAe 10 9'Ny
such a measure.
1t has aso been proposed to adopt the principle OF
home valuation, with view, first, Of Increasing ,lo
Of Duty and secondly Of guarding agaiest unaer
valuation and other rauds, which ale alleged 70 eAs
under our present system.
AS measure for increasing the revenue, this prop.
csi,ion Possesses merit. II seeks 10 DO indirectly
what b. better effected directly. II the soe oo-
Jet is TO increase the t,xes il s better TO Do 20 IN
boil and manly way. Al present ths duty i imposed