, 1866-01-10

=
. As isster clss-. Bax t1saasN oft4e Rsceee -
szped 1af ss % . H. as'' = %
heoaes q. Al1te tins, my b ruled upon q OBJ.
Ins l spsssss .llsdea 10 one "A, wnssa, 2 aid
Our peoPae are alssHso bY ~ s1al1zy ta1iGs IHsy
Afs Justly 70 6uL It IA only dur 70 inquire 70
Tsst 80 n,n..s NH. :, ~ o.E ns NJ ssly
nposts snd proved hy the quotations Of stock, arc
under TILL 1e9I what ,hoy wefe ,ast yeat, Tako
~ q 15 s Il s. "a, q az s'Sas 81
ast e!osed, e nIrols cea,1al sss made @ N d oas NJ
hy a. sas29 - ssssas1 q ~ u T.; sses. ND IN
abo7o ta.t fGass. i ee.t.. = Now Yors, how.
sheis,ess, eosts ii tas- niioois cent1a1 o.sess9 of
psosscrionhs would hare Jou beltere. vent Into
iron Ind really pstd customs dnae., !he
Go7ernnent wouA hsIe got aport1oo Of Il But
tho truth ia, that this iron ma not imported Ee0
a.S ae, ~ 1en s1oss IN TT rS,ss, % W. "a ct ii.
<eoo @0l A nv iroe manalac4urx. IN F@nsJl1a-
MA. Who paidit! Why. ultimately. theeasmcrs.
merchants and others, who smploJ ne Illinois
and Overwhelmingly 1t may be new to su1na, thaA
in Tie Pacific Rausay bin Is ctause requiring that
al " iron pse4 T. this gigantic eatsrps..s b
/ sylssnia. no one xm bef,ayo that The vots Of
!, Penn.ylvanis WIS influential enoash TO obtain 30
lty. 1twas owing 10 the weight Of her monopiles-
he ought, be said. hut could not. do mure than
allude to dsfeets r. the e1isttn4 s1cise law that
and indeterm.1ate l3W WAS never before enacted
It has textures, disguised. It IL true. and dinly
eeen ,has were list Visible, tn benishtsd spain, )
hundred years ago It soema 70 hare been ln9eni-
ouely designed 70 rex the merchant, md to mako
his poeltiou uncertain. And Jet the u! Dot 30
much At tanlt, as .he small New HsmpAhtre spothe-
law s' Ills rulings impose additional ts1es,. ,hss
werc never contemplated By the hsmers Of the
", all ef which fal1 mosr heavily upon
principal couslne,s II absolu.s necessazies OF lie
Frug1l,ty in the tsryn-houae. md tsne.uenr, and
tradesroom, 70 ts1ed TINT superfuity may dwell In
project Tho rich md Tho rich would protect tbs
poor; and It Used TO be answered, that Il Was such
protection as the vultnse eives The lamb. The an
that The Free Trade League may be estahllshed
firmly, and that tts usefulness may be widely and
permanently felt Every consideration Of seltin-
sloase % sssnst % dc .1lsey p4otecson n
And every cousidef2flou OF patriotism rsplotccs
cur poaltion, becan.e tho principle OF Free Trade
certa1nlT lies at the bottom Of al permanent IT,
uona1 prosperity
The report Of the committee was accepted and
the committee was discharged.
The Constitution md By.Iaws Vere then1e-saad
and adopted.
COMMITTEES Of ,hree 70 nominate permanent osneezs
OF The League md that such committee report At
the next meeting. The motion was adopted and
Diller, norace White and Hon. T. A. Eastman.
MIR. White desired to be excused md nominated 10
serve In bis stead the rzr1e Of NJ j. ". Sheahan.
Mesers es % n. sssssan nd Y. Dossst. vefs ] ID
del to tb1 COMMITTEE.
Ill. Edwin Runt WIS then called for and made
tho following brief statements Of tho edects Of 4
protective tariff uFo1 the hardware hads:
Yesterday vas requested to attend this meeting
md give my views, and STATE some facts respecting
endeayor to do 20 As briefly a. possible:
made BY tbs Southe1oers IN their t6en aelta lon for
tlon and btntft OF Northern manufacturers.
General andrew Jackson vas At that tine the
President Of ,as Enitsd States and found Il neces
utnded 1he then callsd "compromIss Act" By
which The duties On a.: foreign goods were to DC
gradually reduced to 70 Per cent n5 raAorkn.
tho o. dades wefe IN seeoraancs ' reduced ssd
10 to that percentage, vi: s0c al valorWs.
THE Law, however. Vas only in ope1tion very
obainesl the passage Of amendments imposing spe-
cfc duties on certain a1ticlet, which announced to
ftOr 80 TO 200 per cant az ra0rt, and at the same
tim. the general tariff on hardware was advanced 10
20 per cent The matter Of the sarif Was asltated,
ind Senator Rhstt, Of South Carolina, George Nc
DufHe. Dixon =, Lewis, and other southern mem
bcre, succeeded IN getting come reduction OF It.
higher rates have since thAt time been at various
periods established To ilustElte this, Hl n1cn-
uon SIMPLE artiele, which el'hongh Of rrnall &C.
to 4 l.rRe tax On the Wcssern comnnnity, md the
nauutacture Of which Is probably At this time one
q The CREATES: monopotles IN he. world. It i
II every building nd By Eve e1e1. m mech1aie mic
easks IN May 1861 costing onl, si56 Is d In Ene,
6c per h ,ssaht On he Incl and larsef, % an TX &
per pound On the sues undere inehes-thus mak-
irg total auty Of yi9A, payad&s u god, this
law tpassed In one day> Of April q. 1861 thers wa
added to 'hia 80 per cent. such duty. or course
had to Ee-enteE them for e1poEtation, and sent
loet Ill duties on this lot. snd only mado some
three or four dollars for stamps on the warehouse
Ing papers, permits to export, 9e- This 10 but =
The 1tEn under The act Of March 3, 1865 Is now
&c. per pound on wood screws Of Inch lengths md
over. and lie. per pound on SCREWS under inch
TONED t5s62s OF over % pr cent ad ratorrn.-aIl
payable in gold.
fon may sak, wherefore this excessive duty On
nous monopoly, whose shareholders, understand,
are In houses Of legislation, and thus enabling
tsa American M sesev CO. Conpsny t. Pay from ten 70
/ been in,urmrd, e7cn higher sh.n tha.s Til, mo.
| nopoty the Company have enjoyed for about twenty
20 Tea s &, aa,e ,s' G 1a
have been Compelled 10 cs&sa importing wood
screws, except when The Amar.can Screw Company
take niue 10. execution nnder dIe OF IL moushs.
As further illustration Of their extraordinary
profte. will state that about fifteen or eighteen
years ago, this same compsny undertook to under
sell lhe Ergnsh manufacturers in tho Canadian
markets. md then they allowed 1T ruy recollection
Of the ncts sre corteet discount rom their reRu
dealezs, while at the +cme time they would onl7
the United States. On my asking one Of he Mesars
md arge stocfnoldess,5 ahy this dldafence n a.
her sus,on,sl, IN he United stste. he ..ae d.:
nsees:ary 10 DO so" Cessiy It was aot @ i I1S hei -
LOBBY around in our legislature and cet p.phl6
itory dut1es imposed 10 enable them to chaFSs any
whether they made any profit when selling 70 Canada
It 30 per sent discount the reply "as, "9ea, and
in tie hardware business IN NoEisss, intending to
get hem imported into mat city in bond, and then
export them 70 New Iosk, and thus ob1asn the
drawback. but found The Aeas.s- Angels wese 100
took the precantion Of entering their goods In their
own names and pa, ing The Canadian duties, chsfg-
CA4LtD&{8-CQuoGQQHDu r..
there waa 10 Way by which my object could La
n inaes on recent lot Of eight casks Of eo,l
a,595 pounds--snd da.ies amounted Is iii. 81
which is over 50 DER cent.
per pound and Is per cent at patoFe. This article
used 10 be sold In Chicago at 5IGc per pound- On
fner wire Il L much higher duty.
On hay knives, the duty IL now IS per cent. ad
tGlortNz-
On h'es, which enter into every Workshop, the
duty T. &c per pound On al o,er 19 tncncs long,
and 11e per pound On those under f81nches long,
With an additional 90 per cent. dd p1ioraz. thus
nnklDg IN enormous differences over and above the
co.npEontse aft' OF onr oear1y remembered pEesi-
was 70 per cent: al ratoT<u.
On common German skates, coating &C PC, pair,
s1s i Il sueh ar Ia
And many other articles on which sp<es fc dutiea
are no" imposed might be enumerated, amounting
to 81 Or 1t0 per cent az edkoTe1r-
The tariff on general hardware 1t this time ia S
Now. whY these high dnttcs on goods, a,nount-
1ieb iew iaSorei manufse.ufers,@ @ neari1 ~ al or of
whom, at 1east those In the hardware business,
have aecumu!ated Largo fortunes in few yeazr.
wezc imported. now, nearly everything is made IN
this counfly. Our manufacturers arg well Of, and
well established, why then keep up 10 high tarld
almost The only goods imported ofthe fine class
on which The chef Ealue il the sorkm manshIp-tnc
medium qualities, such a. are required BY tbs
duties, instead OF Ga rdlo1n, and the thrill in this
respect acts uncqnal1y and unfusuy.
There is at thus time almost ftre trade establish
ed between England and France, and this proba 'ly
ha. doIe more towards psomoting good friendly
feelings between those countries, and oblltera.ng
the memory Of Waterloo, than any other intercourse
Free radc between the nations OF the earth may
be one ueaos OF disseminating the light OF truth,