New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-10-23


poneS payment under belief that he can pay
more conveniently, or at a smaller sacrifice, at
q future day, is simply q maye. And why not
a Government as wcll'
We believe in and work for the earliest pos
sibIc Resumption; yet it IS simple honesty to
say that the country is doing wonderfully well
without it. Nearly everything is dear; conse-
quently, the active, stirring, capable, energetic
efficient, who produce more than they consume
and sell more than they buy, are generally
making money. 1t is very bad time TO run
into debt; but capital time for paying of
debts and getting something ahead. We pre-
sumo our own business TO be q fair sample of
what is going on all around us, and therefore
speak Of it. We are paying very high prices
Tor paper, for ink, for coal, for labor. and for
everything required in our business, while we
sell our work much cheaper in proportion than
We did in times Of Solyency, yet We are doing
very well-far better than we did in 'Gl and '62
when the Currency was much sounder than it
now is. And it is the same, We are confident
with scyen-eighths Of the more energetic and
efficient farmers mechanics, manufacturers
and traders, throughout the country.
Stll, We want to get back to sound currency
at the earliest moment, if only to countervail
the demagogues and teachers of false political
economy who use a part Of the facts, unfairly
suppressing the residue, to mislead and peTtrt
the public mind. The Erening Post, for in
stance, tries to make the consumers of Cou be-
lieve it is the Tariff which makes Anthracite
so high at present concealing the fact that Pork,
Lard, Butter, Cheese, and even Flour-all arti-
cles that we largely export-are almost if not
quite as exceptionally dear as Coal. Tie Post,
we cannot doubt. knows that the diversion of
labor from coal-mining to war, and its adjuncts,
while q sudden and enormous increase in the
demand for Coal was likewise created, is the
real cause OF the present exorbitant price,
which will as certainly be reduced without as
with o repeal of the duty. We care nothing for
the duty on Coal, holding that, if we but make
our own Iron, Coal is so bulky that it needs no
duty TO prevent lis Importation; but We know
that il is not the duty that makes Coal dear any
more than Cheese or Lard.
III. Chicago Tribune ha. somehow fallen
into the hands of the Philstnes, and is
treaoherously used TO supply the Copperheads
with missiles TO throw against It's friends. Its
use at present is to inyeigh against the high
price of Cotton Fabrics, which are dear for pre-
cisey the same reason that Cotton itself is
because temporarily in short supply. Many o.
our cotton factories stood idle through good
portion of the War (as did those Of Europe,
beoause-high as the duty was-they could not
sell goods 50 as TO cover the cost Of materIa
and labor involved in their production. Many
millions Of yards were sold for less money than
was required TO replace the Cotton they con
tanned. But, for G short time past, the demand
has outrun the supply; hence, tie pnee ha
been and is high, a. is that Of raw Cotton
But that repeal Of the duty would give us 4
cheaper supply is merely assumed, not shown;
while the effect Of swelling our imports, in thu
present state Of the exchanges, would bC
widely disastrous. And our Chicago namesake
when pressed BY contemporary, thus atmits
the whole ease:
WHY do we no, csiabli,h cotton manufactured
here asks Tie D.i,oH ISi6rHs. There are several
reasons one j. that floHSy IA b,f,Sr cd
raH,ngf. Another Is that buy cotton goods
cteeper Hdl re cdF make hsha.
But sly cheaper Illinois is far nearer 70
the cotton.fclds than Massachusetts. She has
cheaper coal for steam, and far cheaper food.
She has tens of thousands Of young women who
would earn more, be- more independent, and
acquire more and better education, if factories
abounded Throughout that State. Her fabrics
would intercept vast aud rapidly increasing
demand from the agricultural and mining re-
sions further West We hold, then, not only
that Illinois has natural capacities which dictate
to her an early and earnest devotion to manu-
features, but that the present high prices OF
most Fabrics should be improved to fix the nj
tcntion OF her capitalists on these capacities and
ipc,tc to their Improvement. And nine-tenths
OF tee readers OF TIN, Chicago Tribune think rs
we do, and are puzzled and annoyed by The de.
yotiou Of It's columns to mean attempts 10 To-
mcrt jealousy and alienation between the East
and the West, which are exactly such as slt
be- expected from The ChicagO Times.
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