New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-05-18
TRANSFERABLE ARGUMENTS
FAVOR OF PROTECTION
Report Upon the Relations Of Foreign lraae
to Domestic Industry and
Internal Revenue
~, ss-rEPIEN COLNV ELL
or TIE uxTrD STATS RHyuUR oo'ons'ioS.
T,Y.suRy DEPARTMENT, OFFICE or THt UNITED sI'Tfs
REVENUE COMMISSION. February, 4soo' }

ibe people Of the United States they have much 70 " W
80 70 tie az. o. carrying and the mode oiSdlasnbs IT,
not be expected that complete success would Dc "a-
once m matter Of so much complication and sueh Vafeo "
et and bearing. respect however the success A
been amnthe amount levied and collected he's been largo
,pough 10 commence auspciouy new Lnianeia career
II remains now 20 establish system OF taxation ana hAao"
which while sustains the power and credit 81 TIE nation
viii as little as possible ohsruc the progress and success OF
national industry ard little possible evont that nd0s
try from taking TIE deep necessary to strong and III
growth
Something than hard work needial TO give 70
industry the power TO endure taxation; e neeGiG not only
that labor should be remunerated but that s products should
h remunerave People may WORK hard and long and have
Little 10 spare for taxes It is need ID other words that
labor should only productive Of great results ana aonn
cant commodities bat should be productive Of net income
for out OF such income only be paid FOR pro
aeted period make industry productive and profitable
3, the labor Of country should be employed for those who
segend upon their labor FOR living and are not employed
a Be- dead wgh PO T 1o crush he ndr INV
The union between capital end labor necessary the lag
profitable production must be undisinrbed and must en-
10y he patronage the vhoe people 70 secure the highest
result In country weordered and Successful industry
itself system each part OF which becomes neces
.ay 10 other the members Of the body each
gary the human frame No member can he removed or
seriously impaired serious damage the whole And
nc such system formed IN country is proof thar
ITO industry well balanced and cannot be folly Effective
system Of industry in any country grows out OF the special
wants of people and the special direction OF s protective
peoje living under the same laws speaking same Ian.
hoSa having he same money OF account the same coins the
zane banking system consists in mutually exchanging
podes and services The agrculturst TIE manufacture
HE mechanic The artists and professional
and finally the officers and empoyes the Government all
ihese exchange with each other their various predictions
ner skill science or other service DAILY intercourse ana
oecessy establish between them rate Of valuation price
so eoTmode ,2r TIME s art and a seienee ID WtS s
tbe the whole Of their efforts that general range Of
1lss w sns mems mention more Constantly nothing is
more earnestly observed vet nothing more tuetusng than
Influences seen and unseen ore constantly bearing uron
them tendencies change numerous and varied
one Of the most influential Of these fact that
,y as the of industry are concerned the business
II distribution fallen hands OF distinct class the
merchants purchase and sell the products 81 industry and
whose Interest is 10 purchase as cheGpy and sell
At the hehes. they Prices Of commodities are con
sisntly and largely modified by their operations.
aud just equilibrium long maintained. Extreme
variations hurtial bearing severely upon some
while classes uHduy benefited No boon could be
grateful TO productive industry than regular and inr
The most numerous AID important class Of society with
this Is that Of The ahorers The rewunera
trees especially in country where laborers have
power large and select the best paid
wages salaries professional and other computations
fixed. There thus proportion between prices running
by the labor This belongs 10 every
81 industry But every productive class las special ehaTac
Manufacture large scale have in day into
loweTer in general economy processes The
capital special skill the capacity for extensive bust
and the large operations involved IN the modern economy
s manufacturing make in many aspects matter Of ysst ma
nonal concern 1t only account Of the multtsdes
oisbores employs and the wages 1t pave bu u US fea
tons national independence Tho greatest economy Of man
Iaeture can ony be achieved ID large establishments sla
tkest cannot fail 20 be benefit 70 the people among whom
hey placed
lite United States has now become The the first
featuring country in the world at esst the second for though
OF high prices not large exporters Of
hers are very much the largest consumers Of commodities
fomirg from large establishments.
fauf1 %
Of country adding manual labor the vast results Of ma
shlneIy and Of water and steam power. ~,
ohat despite q difficulties is faI beyond any conception Of
hose who have moi with Sdf9qe T ~ se IL
iAe varieties Of our appeaons OF eSnn0I pc
have expelled rom markets by superior ari
res OF production. Every year adds 10 TIE list Of 90
pestc manufactures and proves ability in very short
time favorable circumstances supply al oar home wants
only Of the Fainest but the most elaborae artistic con-
Of great well small manufacturing one
sh hg, s9, t aadS oac @
country, for every mandatory with It's NJ
operatives makes additional market for our bound
lees agricultural domain The rst problem OF our labor Is
market for agricultural products Foreign countries VIII
Manufacturing population will take their whole supply Of al
that field orchard. pasture. and stalls afford
this country First a ready market for the daily expenditure
Is great that rapid sales are necessary and secona aI
weekly even daily, prices are not remnnerave. Our
snene cost We note the failures and
n fairly summed up would show very small gain. Ind
whole there believe that the manufacturers OF
this country have realized TWO per cent on their invest
There il one consideration in of the fullest msnnac
turing development which like its importance TO sgcul
tsrs Interests should never be overlooked estimates OF
power Of people 10 bear taxation II Is the simple TACT
that obtain from any or all foreign countries our
whole supply OF what and Ike supply steel
copper lead and other metals for the simple reason that
fLsy could transported 70 shores and they could
we have no means paying for theP Foreign nations alto
gsther viii take from Us what win pay ef 9leenh othe
The consumption in the United steel copper
lead Iinc wooel goods cotton goods leather ana glass
winch import to the value OF less than bppdrse mlo:
In very year, when the Southern States have partially
recovered this consumption must reach with the increase IN
the Northern and Middle ststss an amount OF least half
much more To import ful supply OF these articles from
che cheapest markets Of E1rOpe or OF the world would take
nj gold country all cotton, and all the commodi
tes usually exported and leave Us IN debt for amount
would compel whole manufacturing population 10 engage
agriculture would put wheat to sity cents per bushe end
every other pOdac 10 propoo would Won Isance I
country the condition Of an avpanage OF the manu-
fsctarine countries Of Europe.
be used illustration II is not only prePoser-
IL impossible Such On importation Is not only impos
se but il Is scarcely possible i3port per Of
consumption OF those commodities The cheapness OF foreign
oursres The oregs good. are Only offered al rates low
enough nndesse the domestic Manufacturer When
compelled these aud OIL ers equally
resort to manufactures at bone for ninety per cent
OF such articles above enumerated
No cOuhtfy except Great tain imports 10 the amOun, Of
per cent OF consumption ana n Der case u because ihe
ten per ., materials OF her
fscnres which tOgbe 10 yalue and ree1orted
The consumption these articles Of necessity AID comfort
Great Britain shocd DE- acted Is far below what IS Ia ne
United States.
by supps ne that tao courv merchants offer their
STOCKS OF goods rch agricultural district III TIE est
Tie takfsg only ,nch articles for bis goods will
bear exposiion 20 se%s @rssn ool1ry TIE olse' ssag
oo1fee, taking nsneeoas u tbs business Hs success w
sesd hin nio malaiseur1s Or ssd others nto ~ tss, l