Bedford inquirer. [volume] (Bedford, Pa.) 1857-1884, 1858-01-15
VOL. 81. NO. 8.

that Should nave Deen made IN our own WORK
shops, should have been woven on American, and
not on British, French or German looms
As an example of the practical working Of
the system, official documents exhibit the fact,
that during the past four years tie imports OF
foreign merchandise, exceeded our exports one
hundred and eighty-four millions two thousand
seven hundred and sixty-eight dollars; aud as 3
consequence, the drain or the precious metals
ogsas correspondingly great. The amount Of
specie sent out OF The country during that Pc.
Rod, was two hundred and ,iirteen millions and
three hundred aud sixty-lour thousand three
hundred and eigbty-ioar dollars specie i'm
ported tweut,-sx millions nine hundred and
tweuty-segen thousand four hundred and twen-
fy-seyen dollars: leaving balance against us
on specie account OF one hgndie ed aud cighfy-slx
mliimns four hundred and ihirty-six thonSaEd
nine hundred and 6.ty-seEen dollars This de-
p!efiBg process, aggravated BY excessive impor-
tatlons, unsettled the currency and induced an
inflated paper circulation, resulting in batk
suspensions ana inaucial embarrassment Brt
the erll does lot end here. An ufaied paper
currency, by cheapeuing The price OF money,
increases III this country the cost production,
and thus, whist the American Manufacturer Is
exposed, under system Of low duties, TO d ru-
iuous eompeiitiaii with the cheap labor of Eu-
rope, he is paid for his goods in currency less
valuable than that paid to his foreign competi-
tor. As necessary result the home fabric Is
driven from, he market, and the boiDe manu-
faeiuref ruiue8. The operation Of tlIe causes.
! stimulated by low duties,i sufficient 10 destroy
tue industrial energies Of any people
! With these facts before US, il is no matter
hat, &
have been closed, and thousands of houest la
borers thrown our of enployment;that contlneree
/ has scarcely an existence, that bankruptcy and
ruiz. are around us, and oar general prosperity
parallzed. 70 avoid these disasters, TO which
we have been periodically exposed, reform not
Only IN our system ot banking, bui ih uur rev.
euue laws, becomes indispensable
i 1t the principle of thc act Of 1912 Lad been
preserved even ii It's rate of duties had hsen
reduced, our specie by millions wnrla oct have
golie lnla fosgiGn eefers 70 build I'D aDa sus--
would be prosperous, aud lhe cry 'ssge wa.t
work." isSaing from thousand lips, in our
large cities and manufacturing districts, would
not now be heard; nor would ipfeiga DEBT of
nearly Eve hundred millions of dollars exist 10
sartle and alarm US. That system that practi-
cally prefers foreign TO home labor--fhat keepq
our workshops in Earope, instead of building
and supporting them here-that takes our gold
10 pay tho wages of the British laburer, whilst
our own are without employment aud wthout
bread - that fills the country with foreign mer-
chandsa ia the exclusion of the nome iatr!c.--
thaF Eays he British rail upon the load through
cur iron districts and or our railing mills whilst
they All silent AID deserted, and that invites
10 speculation and extravagance, Is az var wih
every tras American interest and should be .t
once abandoned.
4 period OF low duties has always been mark
ed by excessive inIportations;--la-ge exports of
spec,e-oyeTtrading- expansions and sus-
pensions, and financial and commercial revul-
slons. Uner the protective policy these pecu-
liar and startling characteristics nf free trade
hare all been wanting The History OF the
country establishes these facts. 4 we'll reeu-
lated tariff. adjusted to protect the productive
industry Of the country, is not only tue true
8 policy Of the G varnment, but is better regu
lafor OF the currency and more certain secar-
ity against bank expans ions, than any system
Of p&ins aud penalties yet devised for the coz
troll of banking institutions, or ths operations
OF capital. 10 this We should return. Penn
ssivaul4 is yet true 70 her ancient and long
cherished convictions Of its proprioty and ne
fcess.tg. She may have been misled. Political
aud psf,;zan pIeSsore may have forced her from
her true -s,nsition This was her Iisfur siGe not
Der fault. She sees and feels the wrong, and
with an emphasis. intensified by beg injuries,
Will demand redress; protection for herself and
: the great industrial irHeresI of her people.
TIE agricultural interests OF he country
should ever be fcstered and sustained by the
State They are FIRST IN necessity ana useful
ness, and consutute the basis OF State and Ma
iional prosperity Upon their progress aud
: development depead the success OF our iae-
chanieaf, manufacturing and commercial inter-
esis.
+ Agriculture, 10 It's varied aud multiplied re-
lations, is the unfaaing source of national
: wealth, and to It's promotion all should contrih
! ute Individual enterprise aud liberality, STATE
: and comfy associations. have done nipch 10 ad
: vance this important branch of protective III.
a:strys. have collected and circulated nucs
: valuable information; and encouraged by thei
I honorable exer;icps, the progress of seientif'
: and practical agriculture. Science and ar
have nobi9 preferred heir aid--the State shoult
I nos withhold her encouragement aad sup
! port.
= have heretofore recommended tie estsh
i lishmcnt Of 40 Agricplturai Bureau, in connec
i ton With some one d the State Departments
IS to give efcicncY The collection aud diffusion
j Of nserul knowledge IN this subject. lnpres
q sed With the necessity and usefulness OF su;b
= Burestl, again earnestly recommends tito you
ne favorable consideration.
IT .srae Farmers High School q Pennsylya
ID nia, an institution Incorporated hy the Legs
ID iature ia 1855, is entitled 10 :he especial Al
or tention of the friends d Agrisalture. In th,
p teachings OF this institution. the scientific an
he me practical are united; and whist he art 9
~ farming ana al that pertains 70 the manage
~ h,sss.,t, ~ ,.a,l. of asfarn, Will be III