, 1866-02-25


4ns1rerst to FaTaeies continued,
Q. That Free Trade Is "Calhoun docma.' u
4. Calhoun was a Proteetionist mp 70 the
period when South Carolina nullilied. (Sce
/ article on John C. Calhoun In North dmeriean
Re1!e1r, October, 1851 Daniel Webster was
F.ee Trader VI, to about the period when
Calhoun changed Ais coat, viz, 1898. MIR.
We0ster's frs, great speech in 1slA WAS une.
quiyocnlly In tnror Of Free Trnde. When, in
1872, he becamc a Protcctionist. he WAS care.
full to say that he became so, not because Pro.
tcction was right, but because it was adyan.
sageous to New England. Andrew jackson
wns at fiTst a Protectloulst, and subsequently,
+. ee Trader. It makes no difference, cE-
ccpt TO generation Of mimics, who was for
Free Trade forty years ago, and who was
against It. 1t IS the boast OF this generation
that they have improved somewhat upon the
work Of their ancestors. What We have to
deal With IL not SO much the doIngs Of our
ancestors, as their reasons for their doings.
10. That Free Trade is q "Copperhcal
Jogma.'
4. When the argument runs ont, the next
best thing is to call names. II the Demo-
cratic party are allowed to appropriate free
trade rs their exclusive party capital, 1t will
become as potent in their hands Us nee soil
and free lnbor were in the hands of their op-
ponents. Grant that tradc Is right In Itself, md
free trnde WILL be voted up in free county,
just as surely rs Stare tratle was voted down.
AS Protection means compelling men to
trade where they would not, If left to their
name for it2
II. Tint nc should lesislate to secure q
balance Of trade In our favor.
Il. Balance Of Trade means making our cx-
ports exceed our imports-that Is, sending
nbroad more than re ret back. The cnsIesf
way to secure this result Is to send ciYcn
amount Of our products into mid ocean every
year, and throw Them overheard. Then our
exports would exceed our Imports. Take au
illustration which | lind In recent New York
publication: !" Mr.. Jones, New York
merchant. ships TO Liverpool cargo of pro-
dncG, value s4o, 600, and entered at that on
Custom-louse books. This produce. after
paying all charges, he sells at q clear net
profit Of five thousand dollars, and the new cnp-
Nal OF S35, ,W0 he invests in d cargo Of British
merchandise, and this value is duly entered
at our Custom-house Oh the return of the
ship. Now, according to the Balunce Of
Trade theory, the country is u, 900 worse OF
Tor jones' speculation, since he has imported
tlat amount more than he has exported.
This result eeems rathcr Puzzlins to plain
man. Jones Inns made 5000 clearly enough,
the country worse OF for having q, ,0O0 more
OF property in II? 81
"Bnl, "say the Balance-of-Tralc wlseacres
"fix tariff 20 that Jones can't bring INV
goods back, and then he will have to bring
yold.n But Jones docs not want gold. He
wants h1s profit Of q, Goo, and be knows there
is no profit in taking out wheat and bringing
back gold. The moment you fix your tariff
SO Jones eau bring no goods back You ston
bis trade. He takes out no more wheat, nnd
be brings back neither goods nor gold.
II. That Protection Is creed Of the Repub-
licln party.
4: It was never made so By any declaration
nj the n1Tty in 3fa rn{innoI T.,
the convention Of 1860 dotblc-toncued rcso-
lation Tas adopted, plcdging the party to
support the best method Of developing m
tional Industry. Those who bclieyo TINT a
system, which deprires th1rty-one millions Of
consumers Of the fruits Of tArir Industry,
is not good system for develop
Ing. national industry, wonld Of course
70 ior some other system, and at the same
had meant Protection Why dida'k Il say 20
But the platform Of 1860 was superseded by
TINT Of 1854, which, in the 11th resolution,
calls Tor "a Just system Of tdration,'' which
certainly Is not system which taxes one
branch OF ffnaustry for the benefit Of another.
II. When will they (the American iagmers)
learn that the nation which exports Its agri-
cultural products exports its soil-that tho
expectation Of manure In the form Of bread
etutts will sooner OF Inter pass the country
which thus sins against Gods Law Of farming.
through Gods Court of Bankruptcy ?-N !.
Tit1uHe, Feb. II, 1866.
4. Dr parity of reasoning every farmer
should have law to compel the buyers of
acres, aud Illinois should prohibit the sending
of pound Of her brcadstutfs to New York
under heavy penalties, because ''the exporta.
tion of"- Bah what nonseusel
II. That there is struggle between us and
the British Tor tho possession OF our oWD mar !