The Indianapolis daily herald. [volume] (Indianapolis, Ind.) 1865-1868, 1865-12-02

SATURDAY MORNING. DECEMBER ?.



What Wake. Pr,ee- 80 nigh
A lab0ring man can now scarcely i've upon
his WAGES owing to the enormously nigh prices
Why Do they stiIl keep up II i not because
CT the price a gold. That i down t0less than
dollar affv. aad ret prices are almost up 70
what they were when gold was two fflv.
T,i.,e. because wool and corn are high. for
wool being really unprotected BY tariff in or
der that the manufacturer may get Il cheap. i
down 70 low figure. and corn j., we believe.
but forty cents a bushel. Wool i quoted Al
from thirty 70 sixty cents, according 10 quality.
ne, not because cotton f. up. FOR II i now
but from forty 70 ffty cents against from
eighty % one hundred cents = while ago.
II IL not because q the Southern demand
for the people there are mostly TOO poor 10 bur.
The Richmond TYnses Of the 18th says that
ewing % thc destruction q almost countless
millions Of property. by the war, in the SOUTH
ern states, the people. thouglfin a very neees-
sitous condition, have not the means 70 pur-
chase much. They have 10 wear their old
clothes as long they can, and purchase
few and a. cheap new ones, when forced 10,
as they can get along with Hence, says the
appointed in their sales and are compelled to
sacrifice their goods lie says goods, owing TO
this cause, are now cheaper In Richmond than
they are In Baltimore or Philadelphia.
II l. not the demand on the part Of the United
States, for, with the mastering out Of the ar
mics. that demand Is being measurably extin-
gIished.
What, then. keeps. up the price Of goods?
We answer. Il Is faxation. But this taxation
f. n different kinds:
I. There j. city taxation.
? There IL county taxation, including. in
this division, township, district, etc.
3. There + State taxation.
4. There are the various excise taxes Of the
Federal Government
g. There are the various tariff taxes. These
are. perhaps, the most severe, a. they are the
most fraudulent and unjust Of all.
The first four classes are what they purpori
% be, and operate, in the main, as they purport
to. They force you TO pay money for public
object, such defraying the expense Of Gov
ernmen', Of schools, highwaye, etc, and all,
except Whist i taken, or lost by those whose
hands IL passes through, goes 10 the expressed
object. These taxes raise prices Of articles 10
the extent of the taxes paid by those furnish
Ing the articles. and their profits on the amount
paid In addition. But still. most Of the amount
goes simply 70 the object for which the
tax \ collected. If farmer now buys a pillow.
or a wagon. or a sugar-mill. or a drag-saw
he pays double what he used 10; and why:
Because the manufacturer pays an immense
tex 70 the Government, which he charges In
the price Of the article sold
But widely different from this is the tariff
tax. That Is not laid 50 much for putting
money in the United states Treasury, rs for
taking money out q the pockets Of Western
farmers and laboring men, and putting IL into
the pockets Of New England capitalists. II j.
dcne IN this way: New England. being billy
country, las any quantity Of water power.
She has the best. perhaps. in the world.
She was early settled. snd l. therefore, compar-
atlyely, IA old country. She has filled herself
with factories on her splendid and cheap
watCr-p0wers. She has become a manufacture
ing section. She makes your muslius, cali-
Goes, cloths-aimost everything you use, AMI
ships them here for sale. Now, by just a much
as yon pay for these things more than they are
worth, by just so much you made to con
tribute bonus 70 these New England manu-
hcturcrs; FOR what you thus pay on those
goods docs not 90 into the public treasury, but
into their pockets Now, the countries of Eu-
rope also manufacture all the articles that
New England manufacture, and would like to
bring into this market and sell 10 Us these arti-
cles at one-third less than the New England
manufacturers now sell them 10 Us for, and
take our pork, etc, in payment, at one-third
higher prices than the New England manufac-
turers will give FOR them. The European
manufacturer Il willing 10 come here, purchase
the cotton. take II home, manufacture it, bring
II back again. and sell IL to Us, as above pro-
posed. Now, the tariff, % speak briefly, is de
signed 70 prevent this, and to force Us TO buy
exclusively Of the New England manufac.
turers, AT their own monstrous prices. and e
sell 10 them our produce, also, Mt their own
prices. How 1t works in filling the pockets Of
New England capitalists, the following from
the United States Economist. will show We
propose TO aIalyze this subject still further in
future numbers, so rs to let the Western people
sec how they are robbed by Republican tariff:
MANUFACTURERS DIvrDESDs.-The Bart
lett Mills, Of Newburyport, have declared a
dividend Of - per cent.
The Junes Steam Cotton Mill, Of Newbury-
port. has declared the following dividends
during the past four years:-tS62. 20 per cent.
1865, 80 per cent; 1864, % per cent; $50, -
per cent. This last includes semi-annual
dividend Of - per cent. declared yesterday
and payable 10th inst, and gives total of l6J
per cent. for four years, making an average Of
4lL per cent. per annum. Its earnings for the
past six months have been over 81 per cent.
but the fluctuations in the market lead To eau
tious operations, and they reserve full half
their earnings. This mill. with capital Of
S25o.OO in the past four years has paid the
stockholders Sii3.500. and j. to-day worth
enough more than il was then 10 make iis earn
tngs a half million dollars.