, 1866-01-30
PROTECTION vs.. FREE TRADE.
Projections Rejoinder to DR.. C. Fl,
RAYS Speech.

Protectors Rejoinder to DR.. C. Il,
Rays Speech. !.
Companion of Prices OF Food, Good,
and Labor under Low and Ht-t
Tar1di-Commcnts Thereon and De.
doctfons Therefs fsom-Coneludias Ne,
markA.
Editor Chicago Tribune:
In the cxordiu1n Of his last address, to tbe
Free Tnde League, Dr.. Ray said:
The question Of Freeflraae ". Prp,cctiop-o
| Liberty r. Conttr.int-ot Justice H. Robbers
not patent medicine to he pufed into faror by ths
OF 10 the 3acts what Gen. jackson thoueut Or Her-
Z. Cn1ey said; what Washington did or len m.
done; wha' @ n.n5 Gay adsoested or faiea 10 sdvo.
| Gte- lam acanmR Win tacis, not with oPi3ons."
| Isubmit that this is rather summarv and
cavalier waJ of disposing Of the opinions on
the subject Of protection and free trade OF
authority so high and influential with their
countrymen, as Washington, jackson, Clav
and Carey. And II their opinions had been
rs pronounced on the side Of ftee trade with
foreign natlons, as they are against, 1t is not
probable that the President Of the Free Trade
Club would have held them In such con,
tempt.
But That gentleman Rays tue Leapuers ire
"dealing in facts"
"rlain iacts and plain figures sre what ne deal
n. Ae who wants romance, Imagination, declarna.
must 70 over to the uher canop, Al tnese tbinrs
mr. the STOCK IN ttade iaaese. =
ahe fundamental prepoaiuon Of the Protection
lstt 1e u nGd It we'll stated hy trrsfcr in tha
7H1RqsE, who tlgns h'm.ei IS Pfoiection," this:
inat IN ,mpotf on forefgn manufactures that
eass e1mss y M MeoHRsti3Yo9 ~ ~ h labrc. T.
& sogget q neeaaat9 laeor IN o,Te.poadsng raio
aooit' i ts asncs t6e q aa Mf p,4ss q Ms pretsa
gn necaTn;et NJ We liz T. "a ~ Toav 70 ne Jasys
The workshops md mills -40S7 W." WA
Facts aud figures being In order. the prcs1-
dent nf tbn E9onrrc 1I,rT ,t-s5,e. sa 800,
iowin1r fsn,,-os r. .of.,.e Su nL1ouucGs thc lol-
T,ria TtU"iins ~ to, ~ sG!aIe Ano overthrow my
'uuqan.l ~ mpaa psopoauon ...-
annrY 18th, lsec he camputstions IN eae ease
being nads IN gold: The q1otattona arc from TIC
Jan. rs. IaGd .1sT 1s ,sss
Spring W'heai.. 1.05 80
oa,-.. .It ~
Cattle. 365 ~,
Broom tom, ,on.-...... 140.O0 10a0o
Why does DR.. Ray select January, 1860, for
h1s comparisons: Why not come down a
prices Of products before the Close Of nayi~a.
til IN 1850 md 1865
! Nu0lAE1nTA faF Inv
| ~ 1St1 ~ corrSdcrsEs 01 49, Io... - ~. saA;
I'M ~ i1es 81 - the Ta,SHNp ,na anse anI . eaamined
| Ing were the market quotations, on that day.
OF wheat, corn, oats, live hogs and beef cat
tie, and rouch tor their accuracy:
! sprtpr vhea.. en- = "a 4 5sse; g;
| Com. M i- = 90,
Oats No 1......... sT,.g w
Live chos.s.................,., ...... A,3s Gai3
On referrinn To- tha Jr,1,.1.;, ~ anng.; g9 E.
view for 1859. find fle foilnwinc in regard T.,
the corn crop: 50 ~
t.1n consequences o, the sho,.ne.s n, ,hr ram
crop Of Iss onr rcre,n,s tor ~ vs.e " 81 n,.
failing ID IRON 1hosc 81 1ssR al sa m hnsh.1
but The deficiency would havc bccn esen greaef
had there been no corn 1Fceived-as th~ Old cron
va ne ~ ,Sn SSney ,n, esnsasssd T. September
Trade ut,n anT ih o.. sns sat1ses Of he Corn
navt-atfon. is th1nc never betore snoyn in tne m
history Of oar commerce: but the necessities Of
dittilleEs. mi1ers and et.rcn manufacturers in he
ha'tIsno nad nearly ell held OF from buying dus
,n .us .ne suRmes noh,n:. ana d1sbel:csipg our rc
II r.. ess tchna taem,else. at The close
crop eshansict LICK Hena' SUPPLY aao Inc
The TRInuSE's Animal Review of thc m,r.
kets ior 1850 Tins dsc1nses the ~ sam ~ ir 1
com was os hiei in rricc IN .1snnar, suJ ~;
rnaIy. 1850: AS'' "N" eo@
s1he trnde in corn does not usu.1,r commence
til ,he Opening al navigation: b5a H. nas1 grsF
xas an exception. Durfnc ths nonibs Of Ga,.xrv.
February and March there sns 1rist irsule car. /.
ncd @ o. ~ shipping b{ 5ailroaa 70 Montreal Bos-
ten NeT 3osE, Fniiadelpbfa. Heading, Pittsburgh.
Essf ana atS w. % Numerous 9thef points Soi1h,
toeep. apI 1nsosa cyl" ,.:1aas ,~o@ N m< ets soa"f1E
corI. md It ~. o,,r nTor,nce ~ sn,,r9. aas ks
Cheney. There Wus also dnr.na IL eref tbsas ben
mtnthe Of The year, m active tpceusatiyc dem.ud
which tended 10 give the market an air OF actjsit,
never heiote Known during my corresponding viz.
tef period
.,l1 hefe Ihen IS satisfactorily and clearly ex-
plalncd the cause OF the high price Of corn on
Jannafy u, ls6o. AL other small grain was
9necled ~ thls 6tng Of Western cereals.
nneat ano oats sympath1zed with the ad-
vance ~ corn.
hnl !et rs lake Tue prices OF the whole |
range Of agricultural products at 4 period ten
monihs later in 1s6o thnn the date selected by ]
VI Ka5, and compare them With the cores |
ponahg month OF 1868; Let Us compore Oc- !
t2Des N, or NoSsmoeI; 'SsF 1ea, with october or
open. business brisk, and competition lfreIv /