, 1865-06-30
DuEt.k1


HArEnTdthn
Mr.. Ward taxes exception to this table as
mi showing the tax on coal. an incomcs
nd m othc1 t1,,ngs which enter into the
mnnutac,urc Of Iron and steel, and which, he
-or,.,,de should he counted a. diminish.
;nc the nrotect}on afforded by the Govern
,nent IN thc American marufucturrr. Mr..
Wa,d saye that these various additional
.o,..,e ,oan.o +bc n1nornt of nrotcctjon nm
ra;1rooa Inns IN se!76 pcr ton. One of the
;.on,s ont of which this reduction il made.
- ~ oad.tion of On rer ccnt tn the internal
drtr ,mnoscd hy Congress at It's last ses-
slon. This }ncrcase of the tax we had oyer-
Looked in preparIpr the above table, although
vc Ind observed and noted the corrcspond-
;no ,,,c,c,rc NJ tariff dutics imposed BIZ Con-
-..e.a - sn,,no the s,me sess1ou' To this ex-
tass ~ s.aoa correctes hy NJ Ward The
tata.,,o, dnt~ ~, ~oi,road fron ,s ~ m the
,rnnnr+ dntx s14 and the nrotection f1o4o.
r. ....o+ .a,,,+ +t.+ tho +,v.s IN ro.,
~, 49,, ~ ~, fncomss arc 3nst1r IN ~
~. $500 r. ~ a,ar,onte ~ ,ho nro,1em mn.
~. - ,a srosn That 4,,e fora,rn mannfac-
~ ...- .,,a ...o1 oovs ~ 4or a,,ectlv
~ t1s ,neo,ne end 5na;rcct,v m 1,Is coa1 and
,,;1 1-on nm 7nde,at.ndinp ,s that the
rnr,,s, ,nerrf.ctr1rrr 1avs an income tax
~ az ,,;o1, ~ on,a nerha1s-a.,d that Eng.
1,st 49,, o,a mir ,ror ara suh,ect tn a home
49,. 1fo,- ;oeomc tar ia opnreAs1ye. fand
49, .,tn1. - "a hoth onnresa1ve Ak veil ns rer-
o+,or.A m crrnrnrnt NAV be made for Its re-
.anct1o1 or renps] Int the existence ofeuch a
ta~ doesnn furnish a 1ecittmate argument
~ ~, ;nc-,..ee IF the tariff On iron. II Ia
nroncr for Mr.. Ward to show
1,-ac;s,,r what the rorernments OF the re-
.nsct,ro conrtr,es .rnct Of the manufacturer
N tnr for,n of domestic duty, We are not
tuf,c,,nt,y familiar With the scale of domes-
liz antics In England 10 epeak authoritative
1r m 415e r,ofnt hut We are Of tie oninion
thnf thcrc is no rreat difference between the
41n countries in The taxation Of coal and iron
-certa,nly not sufficient difference to over
balance tllc existing additional protection Of
forty per ccut, ca1scd by the premium on
.,o,d-.u 4a.,ff dnties being royahle In coin.
Ths ~n-1,o.e of onr former article was to
s,,o,r t,,,t IL. ,s an unfortuuate time for the
-n.nrtact u1rvs of iron and steel to he a:1tat-
Inv 4,,e oncstinn of ,,rotectiou to their craft,
~ srale of protective duties Ia no. SO euor-
7nous lint an AGITATION Of the subject wonld
1c no1e 1,ko1v 10 lend to a demand for re-
dnct;or 4}an an Increase. esnec.a1ly in the
1yas. ,.hcra c1,enn ,ron ia vunfea and where
:, w l,c d,ft,cu1t To convince the people
.hst a nno+cc,,vc tariff of s1(, IN railroad
;rcr ,s nj a honns al that nmount which
1hev Tav to the wealthy state Of Pennsylva.
,,5o uttbout onr coresnond;oe return. The
,,rotrctIvc theory Is based upon
thc assum mDtion that If each
mo-, :, .hc conmunItr were a1lo Sed to hrg
n.chcrc hc can buy chcspcst and sci. where he
. al, dearest. thu rrsu1t would be IN ae.
- 1snte 1osa Ia The community. Upon its
Fiixs:e ~ a. +h.nrr ,s ,n .1snraitv Ttis founo
u; = %r.r,,n. 1,ows.,- +hat a country nav aE
ra,s ~ a~tana 4,r,,.ora-r 1-atect;on ~ g
.>ns.,a,,o- ,,rnnch ~ ~ ,nans,:r f,r .ha z,rr,ose
as,,;1d;,c i, m. In ~. ~ an ~ a,ch cons,.
~. aa1tr;hnt ~ , e,n.11 ,,rt;nn ~ III. o.-r.
tas 49,. W .,o rst s,,,e,,,oort ~ 10 1a[ 1.,na.
-fsasus.-v ~ ~. hone nf ,.1.1m,te,v in aht.,n 1
~. :. rbe,nrr or better art.c,r Of that k3na
oT,ooda h docs tbis mi frurn rnotirts n,
chs,,tv IN h's moor ncirhhors. or p.tra ,tlsm. a,
.,..a.,t.. =, fo-.tc,, ron,+ ,tce hnt so,c1v N