, 1860-08-18
Tho 4sTr41dent1nl Election and Ia
Bearing. ON Industry and Flnancc'

From tbs C]nt1nual Aaxet.e'l
We hnve stated in former article the 1canlts
produced by the Tariff Of 1S46. Iaey afe
simply these, viz That the imports bad been
trt5|td;: that a lsrge part Of tbese imports
(such us iron. woolc1,, cotton and 1a3 goods,)
enormously Increased. were such as this coun'
try c4n-und {us we maintain) uadtr ts1se pot.eg
sci!-produce; that tnotwithssandinEth Tue equally
enormous amount of American eola pfoaacea,
the policy OF The 1916 Tariff ha! already
caused two neytre commercial shocks il
ls54 and 1877, aud the Government u toler'
uble index of the iinaucia! state ostne country
had added torty millions 10 its debt III period
Of profound peace. Thxt the bta9nRtioh ot
manufacturing industry, the saockS 10 CON-
snerce, the accumulation Of national dsbt. IRE
evils which cannot well be denied' oone persons
have found them severe and crushing evils:
We NAV axk. then. what countefba'ance did
The Act Of l,4G g,ve rs for these evils OF Itspro-
ductiou: |, diverted industry tro1n our own
workshops to those Of Europe, aDd drove
thousands Of 1uen from their pursuits and
their homes to becorle ndye1iurt1s on aae
frontiers. What did VIC gn'n BY ths7 ~ The
reply is short and triumphant. lhe ca.!on
planter aud Ills broker point U fouF H'lll'ou
bales Of cotton exported. The y. I. Joarndl
of Commerce, the Mr1M, and such prints.
that glory ia beaay the organs OF the
negro interes, and its factors. the brokers and
shipowuers, boast that it has increased foreign
trade, has built ships, Increased Ae" tofk
city, and increased tue power ano products
and admit its full force, we are not satisfied
with tue answer. Nor is q majority OF the
American people satisfied with it. We reply,
that ult the classes involved in cotton planting,
sli,, building, foreign trade. brokerage, agcu-
ciee, etc, do not nuke one JiftA cf tie AMERICAN
ptopfs. II they are ga'ners by retaIdlny home
industry and encouraging the foreign, It only
tt,,, k+k u of ftn
been carried on for the benefit o1 the tew ut the
expense Of the many. Such is unquestionah1y
the fact: uu.i it is Tor this the negro dynasty
seeks to proiong its power. Austers Of the
Democratic pa11r, rad knowing the namt wus
prevalent wish 1he american people. the negro
masters controlled the pattJ in order to con-
trul the nation. Thsy had no use for tie party
when tue marty wou d not serve their interests.
Supposiu9, however, that there wax Il large
class Of persons in Northern cities aad States ,n~
voived with and interested in this negro opera.
ton, who sgere they, anu where were they! Let
the reader look, and remember They we're all
Or Ms .1HuAtE *t43oard, and in a narro" par: Of
it. Tl,t negro dynasly finds no sympathy in the
interior oi New Euslaud or of New York. 1t
penetrated only tlt cities. Even IN the Slave
S.ates. cotton planting tiuis ls:le sympathy
out OF its own region. IN une word, the whole
league Of Interests BASEL On the Ne2ro-Co.ton
tlynnsty was confined to Il small portion Of the
Union, aud, az we say, to less thnu 4 fifth Of ts
inhabitants, The journala Of New York and the
South which advoc4.e free.trade, have never for
- moment pretended that the people Of the
West and tue interior lad any interest in the
system. The valley oi the Ohio produces half
the breadstutfs OF tue whole nation, and With
out It tue rest Of the country would have TO inl-
p,Ft their !lour at the present moment.
No Tariff can in1uce Europe to import
bushel Of grain IRON us which they do not need,
.n m Tariff i
when they DO not need it. The gsulu-growlng
Sta!es have direc: interest in building up ne
gro slavery. Tie reduction of the Tariff, there
fore, served no purpose but to build up CON-
snerce in which the graln. growing Suites had
no part, and dirertiny ia5or from tmpI. ymta4ts
1T tohieA they tctre CRAFTY fntrtsted.
1odiretk Tor from one chnnne: to anothcris
always dangerous operation, but such was the
direct elect ul III alteration in the Tariff. That
alteration was adverse TO son. Of the Leading
interests Of the West. We lnuy take two ex-
atnpies. 1t is well Known that the iron inter
ests OF Ohio hare been in u languishing coud-
tlon since ls:A. The Western railroads. were
demand for ca.tings still remained Iarye, the
progress Of The iron interest was retarded By Il
continual pressure Of foreign competition. Gin.
clnnati, essentially q manufacturing town.
would uuquestionably have had double the work
men in The iron manufacture u hich she now has,
Il tue Tariff Of 1919 had continued and she was
only sared frou, crushing shock bJ the com.
ptetion OF railroads to the interior greatly en-
larging ler commerce.
Take another example. Under the Tariff Of
1915, Oaio became large raiser OF sheep. In
Il short time aLe number of her sheep doubled,
aud Ohio wool WAS sud for c high price to New
England manufacturers of wouleu gou1s. The
Tariff OF 1916 did ntt, Of course, produce its
faH effects for two Or three years. The facto-
ries struggled OIL, but at las: were very nearly !
ruiHet, aud many Of thein sfut up. Nha. was
The result on OHIO wool raising? Take the sta
istlcs OF sheep:
Il Is l44slG