Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1863-10-10

fraud- They sold only goods Of the Wors
quality at the Maximum, and reserved the bes
Tor those who came secretly to pay for them a
thar proper value.
REFORM OF THE MAXIMUM.
Ibid. $50. The couvsutiar. urged to refsrm
the lsw OF maximum deviEed new ena, which
went back 70 the raw material Il required that
q statement should ba made out Of ths cost
price Of goods in 1890, on the spot where they
/ were produced To this pTico wers 70 be sd-
5ed, 10 the first place, one third on account
Of circumstance; secondly, a fixed SUN for
carTiags from the place Of production to
the plsce Of cenaunPtian; thirdly and lastly.
five per cent. for the pro6t Of ths Wholesale deal
er Gad ten for the retailer. Oat Of ali shsse ell
ements was to BE- composed. for tae tHfurs, the
I pries of articles Of the first necessity. 40
indemnify was granted - every retail dealer,
yho, possessing capital of ten thousand frsnes.
could prove that he had lost that canisal by the
msxinBm. The communes wsrs 70 jadee Of the
esse by actual inspection, a method alRaTs
! adopted 10 time # Dictatorship. Taus this laW
! -withoul yet going back to the production, to
! ths Yaw material 10 the WorkmanshiD--GGsi the
! price Of ElarchAndiss on leaving the maaUfsc
ory, the price Of carriage, and tbs prCfg Of the
| wholesale and retail dealer, and, by absolute
| rules, made compensation, for the fcklsness Of
nature in ~ least half Of the social operations.
Bat 2i this, We rereat, proceeded Inevitably f.om
| the assigHats, and the sssiznass from the imper-
stIve wants Of the ksVolutiOa.
HOW IT WORKED.
Vol. %, 12I W have already saau what
were the principal Inconvenience resulting from
the us7K-muHl--ggc n .Ik, ts, the one pubic, in
which tbr dealers ezp0s-d ally thGir worst goods
aad tho i=ai- Dossjbls q1aEtity; tAa o.hsr clan
dastns, IN which thay s5il al thair bas cllemlG-
lties ter money sud g. . free price, 3 general
aoasdinS Of gaois, which the farmers coalriVs
30 withdssW, nstwi hstaniing the utmost 7igi
isRee Of the agents authorized 70 nsks req1isi-
tons; lastly, dersDgcmeus tnd staerat "A in
manufactures, bseauss tho makers wrrs not in
demaifisd by the Pries fixed upen their prrdue.
tions fer tho mere cost Of fabrication All rhsse
incOnYsuiauces Cf q double cCmmeTcs, Of tho
hoardoE OF srticles of su5sistsncsofth the stagns-
ton Of manufacture, had kept constantly inereas-
ing Il every trade two sorts Of traffic W re- es-
tabi3had: The one public snl insufficient,
the other secret sud usuTi0us There Wsrs two
Qualities Of bread, TIVE qualities of meat, two
quslities OF e7arythingi ons for ths rcb, wh3
co7ld Psv IN money O. sE3rd higher price than
the BaIiHllslH the other for the poor the arti-
san, the snnHitant, who could give only TIE
nominal value Of the sssigusL The farm1rs be |
csms daily mere aud more ingenious IN saving I
ih5f commodities; theY HGads false declarations; /
they did not thrsah heir corn, alleging the want
OF hsud8-a wasn't that Wss really felt, for tho |
war had absorbed more than e teen hundred 4
thousand m5n; they Insisted On the shortnsss Of |
ths harvest, which had not turned out 81 f8v0ra-
BY as it had bssn expected to prove in the ea7ly
part OF the yssr, whea, At the festival Of he Su-
preme Bei1g, tbsDks had been offered up %
Hssven for tie victories Of the Rs5aolic and the
sbaadsEcs OF the crops.
As for tbs mana iactgEBrs, they entirely sus-
pended their operations. We have seen that in
the preceding yesr, the law. 70 avoid bslug un-
just 70 The shoskesDsrs, hal been Obliged 10 20
back 10 The Dsksrs, and 20 FIX tho price Of goods
on the SPOT whs-a they were Manufactured ad-
ding 20 these prices the cost Of carriage Bat
this law had in its turn become unjust The raw
msisriel and workmanship having risen ike
everything else, the manufacturers could no
i0Rgsr tld means 70 defcsY their PXneugas and
had suspended their business IRE merchants
had doas the same The fEzyhts On Z sst Isdis
goois, for example had risen from $50 % 400
francs per tn; assurances from 5 and per
cent 90 80 and so. o. course they could no
longer sell goods brought into ports st the price
fixed by the maximum, sai they declined alto I
gsthsr to import As We have had occasion TO I
remark elsewhere, if one price was foreal, ell
oRRht to hsv9 been forced and that was imp1s-
si5e.
Tins had closed other iucou7enisnces pecu-
liar 20 fhs maximum. The prizes OF corn had 4
baon fixed in q uniform manner throughout al
France. Bat the production Of corn being une-
qu1lly costly and abundant in the dffsreat
provinces, the rate bore no proportion 10 ths 10
asljties. The power left to the municipalities
to fix ths prices OF all merchandise. produced an
other kind Of disorder. When c1nrn8fitias were
scarce in one community, the suthoritiss raised
heir prices; goods were than brought thitbeT TO
.hs prejudice Of the neighboring communities,
30 that there was sometimes glut in one place
and dearth IN another, Gt tho pleasure Of the
'egu stoT Of tie tariff and IN the movements Of
commerce, instead Of being regular and natural.
we're caprieiouss unequal and convuisive.
THE INC0NvENIESCEs CORRECTED.
Ibid, O. 1872 Ths Convention then stroys 70
correct his more serious inc0uveai8nces of the
maximum. Some voices already cried out for
rs abolition; bus the fear Of a dispr1Dord0uats ts
i1s Of prices prevented the Assembly from
yielding 20 this Impulse Of the roaci0rs I. |
merely considered how TO modify the law
The maximum had Contributsd 30 ruin eor1-
neTce, because, in conforming 10 the tariff.
The meIchanss could not recover either the
price OF freight or thai of insurance In
sonssq quepce, all colonial goods, sll eomm0i-
ties Of primary necessity, all raw matsrisl
imported from abroad, wsTe released from the
maximum and from rsquisItion8 3 and miyhs
be sold at free prlce to any person whafeUT.
The ssma favor was granted 10 merchandise 1
taken in pEzas which lay ia ports without lad
iUF ssl3. The uniform maximum OF corn was
attended with a serious ineo1vencs. TIE pro-
iuc'io1 Of corn beiUg moro costly and less
abundant in certain provinces, the prices re-
1eiyed by the farmers in theHe provinces did nos
even repay their expenses It was decided that
he price OF corn should vary in each depart-
nent, according to the standard Of 1870, but
hat it should be twO-thiTds higher.
Is ABOLISHED.
Ibid. I99. The whole question, therefore, vas
comprised in the these woEds--to nay high or
nave nothing. It would be vain to attempt 10
Iupply The lack Of spontaneous activity IL man.
lfsetUres and commerce by rsquisitios; that ia
o say, by the action of the G0vsrnment- A
radin2 government was a ridiculous monstrog-
ty. It was necessary, therefore, 30 re-
1rn to inivi5ual activity, that IS. to free trade.
md 10 rely on herself The usximu7,
md the requisisiou of transport we're abolished
Black and White Lfsts.
from the Richmond Whigl
Tho action Of the Legislature in regard 70
vices, the resolutions passed by the vissuaIlsrg.