, 1866-01-27

kRkakEEa4.&.3E13s xsSssEEE.
Chicago, nearly 600 m1las, for ninety cents
why should The tariff be held accouufah]a fcT
the charge Of the Rock Island road Of e1ghtY.
fiye sc9ts ior carrying the same package one.
b.med ane Ns5 9r why sh9nld tho tata
conveying keg ofnails hom here to Dayeu.
port, only 1888 mics, when under The tarne
tariff, that identical keg: of nails wa con.
veyed BY the HttshusE, road 4s9 miles for
d1y cents: No, athAt's not what's The mat
ieE," ny jug inli It Is not the thrift, but i.
to set aside the laws Of 'shcalthy competi-
ticn," as common carriers, and by combipa-
tion, practice extortion on the public. Thd,s
what's the matter with the Western railways.
"Rcduce the tariff TO revenue standard and
~ Rlu % Wcll," Eays the President Of tho
Chicago Free Trade League.
What IL meant By q .t'revenne standard ea'
What Iate Of duties would constit1tc d revenue
standard Would 20 per cent would SO
would 40i Is 1t necessary 10 enact q 1tho1iz-
ontal" scale Of imposts, aud tax all kinds OF
foreign imports tile sanle per cent, or, should
some things be taxed higher than Others, lux
ur1es higher than necessities? have asked
these Questions repeatedly, hut no Lacquer,
from the talented President down to the blath.
eEskite Secretary has ever cturned an answer.
The Revenue Commissioners, the Secretary OF
The Treasury and the Committee on.Ways aud
Means n aze all deeply enEagedan the problem Of
any new Light on the subject It is their iunpcr-
atiTe duty to communicate 1t to Congress
But the ttpresent tariff Is an inlqultous stpt
nte and must be removed. Let Us tell ou
Legislation to give Us back our liberty" de
clares the President Of the League. We'll
! DQe!or, SUPPOSE It bc removed" TO what
liberties :" Shall ne return to tho tarif Of
| 1872? You say. no. That was Whig con
| t1iyance, concocted By Clay, Corwin i Co.
Vel, then, will you accept the Democratic
| Polk and Dallas tariff OF 1916? If you say
: yes, then hare the pleasure to inform YOU
that the manufacturers Of iron, glass, copper.
wool will cheeridlly accept that tariff, If you
VIII get Congress 10 repeal the iaterzsal tires
lrhich fhey are notc obliged to pav. Every cent
| Of protection which the tariff affords over
and nboEa that obtained from the Democratic
"rerenue tariff Of 1648, is taken from the
manufacturers IN the shape Of Internal taxes
Of Ill kinds, and paid into Uncls sam's Ireaa-
nry. Indeed. many Of the largest manufac-
tlrers, especially Of iron, Insist upon It tbat
withtho internal revenue taxes to pay, the tariff
q is65 does not begin to hc as favorable to
adopt the tariff Of 1876 In lieu OF the present
one, and let all the internal revenue imposts,
excises, licenses stamps and Income tar re.
main unrepea1ed, would plnce our American
manufactures In worse predicAment than
with absolute free trade and no taxes. The
Free Traders; strangely overlook tho fact
that the domestic manufactures Of all kinds
ore paying into the treasury ncarly one million
Of dollars, on an average, each secular dny in
the year. Immense ns are the present receipts
from the tarid, domestic manufactures arc
contributing to the Treasury nearly twice as
mnDy dollars ns II does
I have often asserted, and have never been
rcfuted, that the present tariff Is the most
productive revenue syetem that cycr cxfstcd
IN this country. The highest revenue got in
any year under the ta5ifC Of &c was S63, or
8s3, on IN importation Of SSH, ,6,}9, ,9I2, and
the thrill OF 81 was in 1850, when the slave
holders were buyinc in an e1trn stock Of roods
just previous to reDelling. It amounted to
S5S, ,167 ,511, on m importation Of $562, 49, 54l
worth OF goods.
Ihe present tariff on an Importation Just
yielding one hundred and .tfly ,aRIons
Of Tepenue; Or three times as mach
as the. thrift Of 1857, and . twice
as much as the tariff OF 1s4G m tha
same amount Of imported merchandise. If
the tariff Of 'a5 shall be exchanged for tho
tariff net Of '4b It is malhcmatically demoD-
strated that on the same value Of lorts
as now coming In. the Government Wnnld
lose 855, 900, 600 Ia wear. But n s.frce
trader" may reply, the Importations Of for.
cisn goods won{d he doubled. No, tbey would
be nothing of The sort, simply from our ina
manufactures and products. We have moth.
ing to exchange for anything like such a
quantity Of foreign stuff. We nfe now payinr |
ing fof moro than half tho he foreia5 @
goods coming into this connt1y
with our national bonds at Is cents IN I'm
dollar, and for pa1t Of ths balance % Win r coia
For little while after reduction Of the |
tariff, there would be rush Of EuroDear, fab
rics into our ports. unless q corresponding ra-
ductfon OF internal take. or domestic manu-
inctures took place. And II 1t did not. We
should have tbs smashlng, bankruptcy ex.
refience Of 'ccS and 81 upon Us In short me-
tre. Home factories and lorgcs would speed. |
lily close up, their wofkmen would be dlscharir.
d,wagcs would tumble, money HouldIbecome |
"tight," !" building improvements would stop |
disfrust and loss Of credit would prevail, in-
products would decline heavily In value. ma-
nv Of the banks would suspend nnti ro nu} NJ |
existence, and merchants would fail by thous
ands. But rsurtYs would fatten and sAeriNs |
flourish.
But is there no way of reducing tho tariff /
and arerting financial collapses fes, think
there Ia. An export tax on cotton Of six to |
eight cents per pound can be made to yield
fifty to sixty millions Of revenue next year
II Is easily collected, aud the foreign nations
which buy and consume, will have TO pay II.
Our national debt was largely Increased By
The pcr1dious aid given 10 the rebels by Great
purchasers Of our raw cotton, they would be
Obliged to pay the greater portion Of thlse1-
port tag:
rived from cotton would enable Congress to
reduce both the duty on imports and The in
ternal taxation By like amount believe,
furthermore, that Ii tho exclse on high wines
were reduced to one dollar per gallon the
Government Wnufd derive twice The income
~ 'n css1 ts9 .n ne1or , - I'VE aosas tat'
ed ibe temptat;ous 10 fraud arc % so tTesisif. @
DlG; me pfonsS o. smuggling ana inlst dhtl-
sniuJ,;uu ~ g. u,,1naron, ~ tS.t G :ot
s.,ii Auts - ~ Numerous, .nat 'ae GoFetnMent
VII n1l get - cents ealaon on on tue whiskey
dollar, and twenty millions year more rev
better market for he farmers corn and rye.
when IL amy Is 1educed ito to % the lowest @ lm
ns, u hao ~ e1Psnses ,elIeachea, that the
Government wall be able to get along With
thrce-quarters or less Of its present income,
ta1ntion may BE- safely ttmodIfiedr Tery tnn.
slderably. But the Learues, in their White
heat of passion at the iarif. seem to baye
overlooked this simple and common-sense
view OF the matter, In the same WV fhey |
present enormons taxation If nv ' hnnarn ~ ~ rn
millions year on thc industry Of the conn.
try that crarnps the neot1re- anfi thnt ttanacio1
ts uounueA ~ .nauuacIAes Ase p1le1y mag
A1nA .AutioAHs aaA AAfG 10 tNnSlDte ex13L- |
enGe.
:, Y p1etloas a5tIclc IN rcpty 10 1T. HaJ'asa
40 td"iT " ", =! tne eneG, ol
T nsc5 fhis 1anrnope 80 "et'
"An 1mpost On foreign manuiaetures that comes
:. III competition with the homa-nado fabrics, in.
ihe wsees of meehsncs ia = eoaespondinc 4sifo W.
"whh The increase In the price Of the projected
" EuOus.