New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-06-21

Corn. the only graiss tia. We export to any con-
siderable extent-IOdian Corn entering largely into
our National production Of Beef ard Pork
.. That deficiency in these staples must largely
reduce our capacity to import, consume aud pay
for tie Wares and Fsbrics of Europe;
3. That if our importers and their European
correspondents and creditors would but lock an
inch beyond their noses, they must sea that 1t Is
their interest-even thers-to have our tariff 50
adjusted ss TO set wheels and looms, our facto-
res and furnaces, IN vigorous operation and III
crease their plumber, SO as TO create Home Mar
ke for our now surplus food raise its price on the
waters Of the Ohio and the Mississippi give work
10 hundreds Of Thousands nov habituilly IDLE among
us, especially in Winter, and thus Increase ouf
ability to buy ard pay for the products OF other
countries.
Such are cur convictions, based on life Of OBJ
serystion and study We believe that our Foreign
Trade would be steadier, safer, in the average
more remuneratye, and 10 the long run more con-
siderable, under policy of discriminating Protec-
ton, than under one Of so called Free Trade-un-
der the policy advocated by THE TRIBUNE than
ulutT tuut Inc 40 sNA'''
farmer, who lives within his means aud steadily ac-
cumulates property, will, in the long run, afford
more custom TO the merchant than will his neigh
Dor " no sends twice week for jug of rum aud ia
running his farm down his throat as fast as be cao
We believe that the increase, under system OF
enlightened Protection, OF home industry, produ:-
tion thrift wealth, and consequent ability to buy
and consume the products Of tropic or OF arctic
climes--the tea, ard spices Of further Asia, the
woods CT Central America, the ivory and palm-o Of
Africa, the caGutchOuc, bides, &C., Of Brazil and
Buer os Ayrs ard the laces, silks and other costly
and delicate fabrics of Europe-would be SO
great tina. our annual imports would steadily
increase in absoute quantity ard values while the
broader Development Of our National Industry,
through the home production mainly of our own
Metals Wares and Textile Fabrics, would enable
US 70 pay for those imports without Inconvenience,
and, instead Of troopirg to London for usurious
loan whenever we start new railroad or try to
finish an old one, we should gradually pay of our
present heavy Foreign Debt. Such are our con-
victions: they arc those also of ADLER and more
eminent citizens, including statesmen as capable
and patriots as devoted as America ever knew.
We believe there has been no time within the
last thirty years in which they were not shared
by large majority Of those among our cOuntrymen
who can read 1t is quite possible, indeed, that
we who stand for Protection are mistaken; but it
is hardly probable that we are all idiots. Yet see
how our statement is parodied by The Post:
Dvestng this notable argument of some Of its
NO nd Yedr : IN ia
thus The crops this will be failure through
out the country; for in the first place the grain has
suffered from rust or will suffer from frost; in the
second place, it has not up and in the third
place. not planted. As the farmers, therefore,
are gong to have disastrous time they sh0Wh pay
TAR 10 tie manufacturers and miH.OrHers, that Hey
may prosper
Such is THE TRIBUNE's position, as recast by
The Post can it be wondered that the disciples of
the latter journal have no true idea Of what Pro-
lection really is How can they have while their
teachers and guides are thus perverse Let US III
stance some of the mistakes which The Post has
contrved to crowd into this half paragraph:
/. We do not believe and have not asserted
that cur crops for this year will be "a failure,
though all accounts warrant the presumption that
much Wheat will be injured by rust, and that, ow-
ing TO the protracted rains and destructive floods,
much less Corn has been planted than usual, and
that of what was seasonably planted much has
rotted in the ground or been washed out by inun-
dations; while good deal is planted so late that it
is likely to suffer from frost Hence We consider
be less than an average.
,. These facts seem to us to afford an additional
proof Of TIE unwisdem of having our National In
dustry SO preponderaltly Agricultural as it is,
whereby ability 70 purchase and pay for Fabrics
is made dependent on the contingency Of an ample
harvest. In other words, we believe it would be
better lot 10 have al our eggs in one basket but
rather so to dispose them that loss Que portion
might be balanced By gain on another Yet The
Post proceeds mistakenly to say:
"The writer ia The TRIBUNE seems, in his argu-
me pt to overlook the fact that the elements have
already done, or have promised The TRIBUNE ID DO,
precisely what he proposes to accomplish by taIn
that IT, they have provided for al advance IN pncs
by cutting eff the crops. To levy duty wnich re-
qiies the farmer TO pay bonus 10 the manufacturer
for what lie buys leads to the same result as future
of his crop to that amount, and as the crops are fifty
per cent. short this year, according to The IRBuNEs
why net ,hss be Pvt
according to Its political economy TO sci the mills
a.goiDg
Now TIE TRIBUNE has never estimated that
the crops" of this year will be fifty per cent.
short" nor anything Ike it. We do not believe
that even the Gran-crop will be twenty five Per
cent. short, while Grass ard all other crops are
likely to be at least an average. Nor have We ever
ntimated, nor imagined that failure of the Grain
or any other crop would tend "to Sc. the mills
a.going," nor anything Of the sort. The Post will