New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-05-18

NAV import tuu Of iron but acre cultivated for Vegetables
at home viii purchase hve 20 ten tuIs Of iron ,-,.,
The purchasing power of people who' have duly mingled
Manufacturing Industry wtht agricultural production ten
fold that OF purely commany lac i9uV b
hsr and he only limit 20 the power Of purchase is the power
Of production Ihe pSPg%en o. 1e@ ba a vet he
n rade Of United States IL Of tenfold greater value
"tYe foreign trade including the United kingdoms
W BTain and Ireland Our foreign trade with France
les nan fifteenth part Of the value OF our domestic trade
Tho strength and wealth Of country should be measured by
me quantity and value OF its productions which COM les
and not what IL sends 70 other countries No civilized ma
obtains from other countries tenth OF It, Consumption;
york and New Jersey Tie trade between Pcnlsyya-
MA NewJersey and New york ore side. and The New
England States on tie other Vlsy exceeds our trade Win
Illustrations of al this may be found in the statistics Of
ey country and each OF States Wherever industry Is
Inost varied and promoted where me purchasing poms
jury And is 10 prosperity founded on diversified INDUSTRY
that We look for ability 20 bear cheefiuy of score OF yea
needfu TO discharge increasing national exen
dtues the interest Of our heavy debt and s maj e1ncl
Our debt cannot be paid of IN the time many anticipate,
there will inevitably occasions when IL must re
increased Our financial arrangements must now De s on
system which like the present WIZ no' ony irnisn e
required but Just surely on system when vi" MOI
the producing of national industry p an aN
ward distribution of the burden soldiers knelsee8 mpp
erly placed may be carried long and cneeru OF may ne
placed 10 ohafe him into misery and be hung away
insuierabe burden snch the present dsitlooh o.
for year; can our people bear TWO YEAR.
more II now beginning TO grind ne way 70 tne las %
non Of The people is even now curdng into mpstence which
in another year will become The root OF apaity IAt
will carry everything before IL.
The people the United States with their knowledge and
experience in public affairs and Their commend over ther
They will what wrong what IS saily hnIoy
ing and announcement and will demand u and satisfactory
Increase the impotence OF tax payers ana tAe 1ine y.
making changes No people pay taxes more NinkN pu'
none indignant at are less tolerant o IN
Of production adds so much to the productive
o. md hv
purchasing power and OF course Ia their aby 10 endure
protracted taxation, IT Is proper TO consider VIVA. po Oh
dustry and lie activity and continuance Many sug
gestions arise in regard 10 our naona PSS
ton who engaged in the same pursuits have OF
ten experienced the severity home competition and been
subjected TO struggle involving all the economy.
skill. and perseverance they could command b1I
suffered In competition for the home market
the, competitors in great degree under mutual
of their several productions well their daily condition
They know what the market will bear and the ability Of eaeh
tow ard supplying They not surprised by ehiaordl'
nary quantities Of their special goods thrown
upon market and they work vigorously 10 maintain their
place in their own markets by improving the quality ana re-
ucng the price Of their goods Domestic competition within
due bounds is therefore public ADVANTAGE but me oeca
not where competition al BONE becomes ten
pOrary occasion Of evil when machinery or water or
steam substituted for manual labor in where die
covees made or inventions brought into nse giving az
yantaces not sttanable by others This may ana
does times with distressing severity upon both EN-
poyers and employees and 20 far as competition goes ts
enough for the former and than enough for me latter
whose living depends upon the regularity ADu peraenee u
their business.
The competition with foreign products and aborers is differ
emf in operation and results Whatever benefits may be
claimed for IL wholly by its mischles lie
trade between nations remote from each other M always
by great irreguary quantities and vsues
compared with the OF domestic production ana trade
great this uctuaion that people wonld often suffer for
conr food and other neeessaTiee II the domestic
equally variable Foreign trade chiefly in SURPRISES But
s affected also largely by the tgctustos IN prce as they
happen 10 occur in different nations One people be in
need brt others little spare; IL may have large
surplus others be want The opinions otmech6ns
as 70 their own foreign markets in which they widely
differ be greatly mistaken together with those everre-
curing commercial commissions which for time PROSTATE
and production contribute make International
trade variable be dangerous the more steady
suits of domestic industry.
The fluctuations Of imports into country may be
seen by a glance at the following tables
POPIAIoS usually eafsd for eaoh Var end tcf,d by
,QcA Csua h ne Imports of Each and the Rae pr he'd