New-York daily tribune., 1861-07-18
MARKETS. ron pRopuCa.
The " Y. Times discussing the knotty prob
lens Of Tariff and Revenue, says:

4
lens of Tariff and Revenue, sOys:
AT The rext SESSION Of Congress, We hope tc set
our present system thoroughly oyeraauled In times
Of 2eace we can readily carry exports up 20 SJOO
OJ0000 bat NOT unless we can impoft merchandise u
an equal amount. This we never do under the
present or proposed Tariff. Every portion oil the
couptry must be equally favored. While we would
protect manufacturers wonld protect the farmer Of
The Yves, bv securing to him market which will
give valne TO his labor by taking ts proceeds. One
State West conld feed ell the manufacturers OF tho
Eastern States"
We must ask The Tines to consider these
questions;
l. What must be the average prices OF Indian
Corn and of Wheat respectively in Central II.
linOis and Central Iowa, supposing necessity to
exist for ceiling the surplus product Of these States
mainly in EurOpel-We have paid some attention
10 this matter, and are confident that the average
prices Of Corn received by the growers in ii.
linois and Iowa cannot reach fifteen cents per
bushel under that condition.
2. What has been the proportionate average
consumption Of Western Breadstuffs since 1916
BY New.EDgland and by Europe respectively p
We are quite aware that q very large aggregate
Of Western Food is consumed by the artisans
and lubricants Of Cincinnati, Chicago, st. Louis,
Pittsburgh, Buffalo, Rochester, New-Yorh, Pbila-
delphia, &e.-prObably far moro than by those
Of Nsw-England; yet we are mistaken if New
England alone has not consumed more Western
Grain and Meat within the last twenty years
than oil Europe has taken from US. And the
Home demand is uniailing and quite uniform,
while the European is necessarily capriciOus and
intermittent, as the crops of the OLD World arc
larger or smaller.
I'VE have no doubt that 10 would he possible
to carry our Annual Exports up TO $500, OO0COl,
by increasing our Imports in like ratio. If We
were to send all our Grain to Europe ana buy
half of ID back In the shape of Breed, it would
at least tempOrarily--increase the cum OF our Ex-
ports. If We sent oil our Hides thither and
bought there our Boots and Shoes, we should
give our Foreign Commerce still further i'm.
petus. But we are confident that such an ex.
pension of trade, though it might enrich iadi.
yiduas, would inevitably impoyerish the country
that by increasing the proportion of factors
and gO-betweens required it would necessarily
diminish that Of producers Of wealth, and by con-
sequence the aggregate produced. Aud, ss the
wealth Of nation consists of the total excess OF
Its production over its consumption, we think the
policy commented by TIE Times could not fail to
impoVer'sh the Nation. OF the natural effects of
that policy, we consider the social and economic
condition Of the Cotton States fair illustration
That Is very narrow and faIaciOus yisw
which regards the food consumed by tho.s
termed manufacturers as all for which o,,r man.
ufactures create q market. Thus the STATE of
Rhode Island has, probably, less than ope.foartb
Of her population actually employed in manufac-
tories, yet nearly her entire population ia sub.
sisted 90 Western Flour, Corn, Beef, Pork. Go.
for which those manufactures pay, and which
could not find there o market in their absence.
The number Of persons whom the census would
return as employed in the production of Ameri.
can Iron Is probably less than One Hundred
thousand, und yet our Iron manufacture acta.
ally gives employment and food to many times
that number. Some Of these are chopping wood
Is fuel for furnaces; others digging coal for tho
same u,ej many are quarrying limestone to q
like cad, thousands arc hauling Ore, Coal, Lime.
stone, &C., TO tho furnaces, and taking away
the metal; many are constructing rail aad other
roads 10 fhcifitete and cheapen oil these pro-
eesses. To-day, cur Manufactures arc generally
languid because Of the War and its brecedelts
efd lucideuts, while our export OF lreadstuhs is
unusullly large; yet so are confident that two
cola s WORTH OF food are construed by our man
lao urers Tor every dollars worth sent abroad
The controlling confederation ia cur Judgment,