, 1866-01-25

THIRD. But suppose the nations Of Europ,
should conclude 10 make the United Stntes AZ
offer to abolish Ill duties on onr products
We will do the same would 1t be for our IN
tereu, under the. present state Of circnm
stances, to aecept such proposition! mos,
decidedly think not. we should he IN,
losers, In my opinion, thousands OF million.
Of dollars. bcleyc We should speediiv ht
reduced to the conc ditlou Of a colony Of Europe
end that our rising greatness would perish
these: All over this country: we have what
IN contrast with Europe, Is system of do,
labor. Taken as whole, on the gold basis
tho workibgmen Of The Unlted States receivf
oetw cen two nnd three times the wages paid
70 the laborers Of Europe. The Wages O,
taoo. sna, n tnis country, evGrywhere between
pro1imate closely to the same STANDARD, i
one town or State pays little higher wares
than another, there Is at once an exodus fr6m
Inc other towns and States into 1t. untiI
tteequil'h Inn Is sui st ,nfiollyresto ed. Tbcrf
EXISTS throughout our land the same similaTi
ty ofwagcs as Of manners and customs, An.
| guage and political rights. And this L ti1 la
Yery reason TINT Interstate free trade works
80 we'll The difference In the.yalues OF com.
modities In the various parts Of the Union. fs
caused By the cost Of transportation. and
there Is . constant effort and agitation to re-.
dace That cost to the lowest practicable point
marker
prices Of commodities in all parts Of the Unfon.
FouRTH-We have thirty millions Of peo-
PIE spread over territory as larce as ali
Europe, which contains three hundred NH.
lions Of souls. Europe has ten inhabitants TO
our one, aud twenty times our accumulated
wealth. The price Of labor In that country
Is certainly not more than IS to 40 per cent.
as high as in this country. The laboring
man must work harder, wear poorer clothes.
eat poorer food, deny himself and family a
hundred comforts enjoyed by American work
Ing men, This is no idle assertion but stern,
sober fact. When We throw down the bars
re must expect to meet these cheap labor
FIFTH Free trade produces equilibrium, or
tends powerfully in that direction. Open The
ports on both sides, and the wages Of labor
Ftll begin At once to dpproximdte to khe same
htei- Wlich1 Will change mosts WIN The
wages OF the twenty European mechanics {tor
American standard! Or, viii tie one Amcri. I
can mechanic have to come down to the level
Of the tWentys Suppose two ponds full Of
water. One contains twenty acres, the other
one acre. The small pond Is located much
higher than the other. An opening Is made
between them, snd they aow into each other
until they como to . common level What Is
tho result. The small pond Is lowered utn<-
foot. : 0''~
So cIacny will 1t be when We nilopt fret
rdde With Europe. The price OF labor in this
country will sink to meet the level OF Erro-
pean labor, and 1t will sink from its present
heie hth to that Of European labor. Bodies at.
ty Of matter. III ;hIPty %ll1ena 10 ef 29an
lean 1aborus p.tted against the three hundred
millions of Europeans will be sucked down
ten degrees for each degree they can ut the
latter up. Until the standard of compcnsa-
Ri
level, no matter how large the area of the ter
1itory over which the same commercial laws
prevail, the wages Of labor will arrive almost
at . common leveHthe difference being caus-
Cd BY the cost Of transportation from one sec
tion TO another. :. :.
by Numerous lines of steamers, and In few
weeks By whole deets OF cheap sailing ships
Of great Tonnage The protection afforded tv
the transportation OF most manufac-
tured goods Is not much. A ton, Of
broadeloths, silks, .muslins, laces, linens, car:
Cosmetics. md French Eimcracks, nav con. !.
tain the value Of fifty or hundred or ercu
five hundred tons OF tour, corn or meat ship-'
ped to Europe. Hence the American manu-
iccturer has vastly less protection from
the cost OF transportation than the European
crops to his market It costs less 10 trans
port goods from Liverpool to New York than
6cm Chicago to the Mississippi river under
the present freight charges Of the railroad
combinations. +.
=. me me. american hE1ners wonld have to pay
~ A. ieast twenty tines as much to middle men
Topean manufactures would pay on an cdual
Ial1e Of goods to deliver them IN this country.
Il this would be profitable sort Of trade, /
confess don't see It.
sI11H. open our ports to all the workshops
o. Europe, and theif hrst business would be
mace, mil, forge, fActory, machine shop, and
Nofksaop 70 me United States for the .pur-
Pose o. onia1nlng monopoly OF our markets.
AItef Whleh they could charge pretty much
Naak taey pleased, ana eoon make this coun-
~ " leP~ay ~ waa. u COST mem 70 destroy Amer
ne1s aen 9n their h,n ee eontro1 15 or MAJ
iorsvcr; nnd these States would sink Into the
oh, sohoa ~ y soionies OF tne a11stocfactes and
naoeDe o. europe: -.
alIe! our 1aannlactui1og industry had been
otle1ly ruined, one portion Of the discharged
snaa eenanses 1 YOU'D scatter into the country,
squat on public lands, and become farmers,
to compete With the present farmers The
senalnaer M "onIo axe Hhat wages they could
s,,ny e. ma e.y i,4 nnG &c oot miserable living IN
sSompe.ng a WIN ss,a; 1otsign 1T, l59e goods The
snd ~ nan1S .u IN askst INV. MoaiG oe destroyed.
f." u9 n,rket ~ W p.t upa 70 !9Gk 70 Europe
sa1enarn 9a t.p aca M at ne raised ior
fa1io, ttttis. .A7 ea''4oo' eoste OF 11anspor-
nnant chss ~ Enlope, eh1e WIN rs eonse- /
% ston t ,n,rratior y .n.s IS county ta would pnt
~. : ssop & ~ nnM'e 10 the Clited States
bone and ii nnsc,e NJ on iho o, sta1dy European
shore. would ineentinentiy s stay swsy: A fhe Eas
e4ist ,o eir:W tho, woald a,.ho no longer @
an irres1si,h,4 ,no,,,at ~, al, l-n.s, nke
,Snnid ha 3,snkaa "a III ku,oen ehain
1reat charms +, 1t,a ara. ~ - "oa!u .ose ~
Whnt nrofit l. 1nan y " 10 sIns Ut loll.
the enSea1ments os home .nd - as. 9as;a lso@
Of kjndrrd 10 seek h5s fartnna G IL ,e.' tT sup
tonntTv Where tbe ~ ~, ~ nron
scaie q, waeeaa Rsttsr ,e1pau iu sue ~ ha hopeaa
worlx tnr s7;,,in,1 d. tha1 aoMe 4n3 anu
X .f,ti;;,, i = ~ sans = uaf tnan 70 ton iof
snn X " ,nrt,na ,1as1as .ana LEE "on'a iea,
,nonv -. ,n,,nysnS,. sses ass y! Eu1Vpe. ana
M yrtnrn ~ 4bc Fsthao1sS5 1oS Us xo9ia sen out
.Gh ~ @ sns aengllana. q. cneap labor
antur:s a1e anae is tooo 20 buy manu-.
tue.uses Hana @ aofoaal "mcn should De made at
aouss ..s eooa oestns % export men as well as
" 4Iuu; aI ,..., ...,-,
,7an ana tae,Y, eoMes .ae questlon OF rerenue:
~" Ins ,w,na wun,a t4s r. uoTel9meot DC supported
enough Levy too, COO, 600 In direct taxes"
AZ tne to~n and city people would be
ptelty n1cn 9sea up and scattered into the
!. sVlnttS t1a 70 Keep from Starving, the little
.nlee nunarcd mlllons' OF taxes would be
nsst asseeea ta on lhe IaTmers, to be paid ont Of
= na' lnc1 nAse lslL from Their wheat and
ao.s 1oia, Rosh ana peei, Mtef detraying trans
=. ~ "non 49,. InaiEes 70 Elrops ano commissions
Ro,1d ~ ~ .,hsn money nea realHea. . Low often
Ne'e5, ONCE kepu1ntion would be the
y !emeay. z inefe YOU'D oe no help Tor 1t.
nnd. Ther a-a csrsl aeaua'.on, aa,a as, go nand n
be tough work nndcr - frre ira5a, - ~ "ud r"t1a
seventy or eighty mIIrtons n rcar In sn,n.st 10y
he rorernmenfE Enfsar +i,n .,ct;nrTi ~ - sutpois
peutaon LIST were both rcnudiafed'