, 1866-01-07

tho Increase Of the rruAuctiytutss Of labor,
pUpuIAtloa Will lucrfaHd or d!uhlxb, tnst {n I
proportion a. 1at,ofcri II sble 70 procure |
greater OF lesa w.sEa lot : as4t labor thai
+, as everything !. cheaper or dcarer,
Whether the tend.ncy II tiutits h 10 reader i
Il Tust, howe1er, t. 1rideot !. III, :i1 Ia: aas
do rus crate human belngs II cousse. thsr
ptll nuthlng to the humber a. 1Ahuyss1, that
Il, Of human helags In county.
II may bu sAt,i, We may thasndnco lshore-s
To come frum uther= r.untrteA To
this i may b 4.nswsrsl: nh will
pe setter psld hero than clsex,e.e tLoy Vii
conc hcsc, and not n:herHtse. fscsldes, what !
Is called protection ehanges ,oay the ,n,ads Of
labor lhst l., Il takea men fun one nodu
Of lAba., to csnp!oy them 9on another.
Suppose, then, thni Il sttraeh }oeeiga labor
err q ono branch VI industry; leLets those
IN .nolher brunch Of lndustsY to1a lnmlzra-
ting, II. for inesanet, manufactures arc p1u.
tectcd, this will tead 10 epeonAEe msnufar.
tu1rfu 10 Imul.rssa; hat II w. In I CORES
ponlen1 proportion, dscousse a<zaeuliu.
Tt..A
roks PROTECTION rscHhAsx kaR rRonCcc.
IvGxEss or LAroH IN AcouN7ay.
5. IT. tacn, discriminating tu.s-4 prcdree
say estocs upnn yrodnction I. raust be By
sGnudut,ng Industry: that Il, while thc
amount of CAPITAL ard tho u,=bet VI labor ".
remain The sane, BY xtmul1toE iEen to ,aboF
more tndr4tsIausly, and thaxa create great
CT suount Of Production Laa they Waald
under other circumstance, IhiA. I believe,
b supposed to be tho way whieh th- sys-
view In which VIC shall nos proceed 10 con
*!dsr IT,
The maancr ia which tsts il aaoe Is tha TAI
loving. Suppose = eountr, 70 be nndts
tTcs ay.se5a, and that every ore Il aerotIRE
Aimstf 10 Agriculture, commerce. pr 1nAnr.
'Meturs. - he dnds II the Trost Tor his frsrt
est !; unIcr these r3rcasnE sncea, t.erc VIII b.
cGrtaln average OF prcductirtnas, both u
aab,s and ofcapllAL Wk,ll.al cloth can he lrrl,-
cured, by e1ehsnGr, fp: nve dHilasa \ 1ard
bat II cannot, tn ihs rreseut etAte oi nc
-rounlrs, te mauufsI:afrd FOR ie.a lhap ter
In everything else, 10 productive that tLey
could not be abst.icted from ether employ.
1nents 4: the sane RTE Of psoGis, uu1oes tho
manuiac. urcs enalt receive ten dallars 4 yard
| tas hi. ciolh. Sew SUPPOSE that tn order ~
cusb!r him 10 d. this, = dn:y Of fl7e dollars y
yard h lezied or Imported cloth. by which
The Prize Of IL; cle1h + ra.4cd u len 4otls:s a
yard. that Ii ulay ''e ta The 1,orof tbs nann.
fartnrss to employ lis capital ana labor II
| llis manner. 1lerc ls m, doubt that thus he
| insnuf.cia=r o1 cloth might hs established
Sow | think Il sTsdcrt, upon ins}-cetiun
that tho 5Eo3uctt'enebs nf lAhut l. NOT, by thf,
nEEr atlun, inefta4-.l Tho nsason wly c.oth h
Nas rot msnc'setured trtnrr, Vas that The
| rrodlrslvrntss OF lat,or Ant capital, Ia TIL
| mt:de OF 1uvrstne1.t, wss lnw CT than The Ars
rnGr pst,dccily encss of lal-,r and caMsaI IL
! ths Other u4A.dea M iuxek,nent. All that ha.
! been elected ID, to rAise the pFpdntlreneAs
| A<Is 10 The general aseragc t'.rtAAeTt.
TLtse Las 1'ern E.'.ilng done 10 Frsdes Il
| any ercater. ether In i1I. or In auy other en.
! r4t E%z I N~t
enetchI, that cite etud ef !yds1sry kaaald X
| really znore h'Ehfs Sz!A tlan .hnotter na1
thai. !. IL woe desirrd, II cDuld tt elected
| Sithcut 1ht aid Of = dir,set monopoly.
| Hut ihe nas7Htactnrrr now sets tea dollar.
| for.!hat ~t:leh ssrfore worid brig unly frr
LET II to1clsc wtenee th.' Additional ase ,i'l
1 lars comee,
! Il cstasut Nat government {a-se1ae.
| uotbcr. Al thai It t.ate+~x.A il precisely 81
mich taks.a from IT, Annual rtvenue Of lnai
| r,G04ls. In this case, thv.liare, It really be
stoHs nothing, but only Cause transfer 81,
| snnaal frs.nnsk, from one party 10 aaoshes
The enxe Is, Therefore, The satnc ~ It wonlt
10 Il. rhilc tl~re had tts,s nc duty Imposed
cvrry trsn had tteo ttlo~ I'd to sn5 Goth tol
Eve doilsrA yard, but had hesa obIis u. Il,
every yard thai be Bought, 10 rav hvr i d.s!sr
I 10 the ,aanafacturer. II wonlht t,e the Aa:n
thsrR 10 both p~rticA At prr>+rt. The Goa
ya1s f,r eiosh. nd ,e IN m.nus,essre4 ~ III 1 mish
teA II EoE iva, he tretiEsd ast uas,rr II
/ g,atults. The Gyr dollars TIT kav~ ,es;
at3dsd 10 tic r-t.nn+- oF the q. tse prrcllel
-se dollars f'ks* j1rra the re,.nue Of th
utt1er.
Nnw II this b. the fact .!nas,n1rh !. WIS. /
sdscd to The ProdIcitsepess Of tho sn8astr.
Ut th- uoc clAks, l. takea from the pf1,dust
ivenet- OF The Industry Of las otAer ct4. I
! would ht&1a thtt what The one Lar Salne.
the Of her has lost: AID hence, thAs thrre ca
be 10 Increased s.irauiuA 10 Industry "a n
t"t'o's. since, By ~ mnth - the t,Fse u .tir,u
tAs<a. tbs tLher l. depsesscG. What yoc h1v.
| Eieca ..,t one ctAss hz4 nnlr rsi.ed l.,
Esodr of lAbor n Tie p+.fut o. ptoducurtn,a.
3. xhltt that Of al lie other clx.t-.A c11,t.>
fc:ot~i wlIse the neans by whlch this ha
teen rsttrscl, has. to ste whoIe Atnount ot It
tilrct. srluocl the rrotluetis-nen Of Al, th
lEss u muck as Ah t'rssjse::h~,.fss Aaa ttes ii
,ntntsAsd, by 70 1iuch has tho st3rnnla, 10 In
.tu.tsJ fern- rI"on the while. dsercased.
Hrs -cspnd1Y 'As the f'stef q the srtic1e u
inefcAse1. the 1f'ndsha LOT TIC Article l. dlratn
lehed. This Aa4 been bcsote iiin1traied
Thrrc will, Therefore, ht le~s Of; the as.icl
rrstotcd, bcanso scss Of It Il sa1ted. p,
al this d4s.,Iafton u the demand fos hbar di
usclEatd: The tr1cr oi lat-or 1ntxt, therefore
M, md The ttta1lrs to labor II, W ~ ss.s<h
Gecrcaxtd.
! I'll. eteet rra1 saks ,.acf, in xha. u.nnc
! F5E$El NlE SHlF lA4y UkAElN4(
sIrpo:e, that from Acarciiy u WOOL. tht pric
OF l3{o.ttd cloth had. withsn: sny duty
been daualeas The rcsalt World tasc taer
shnt the demand would 80 hare tai1sa n1, tta
n1ltitddcs would hxre been tAvo~ II oul
employment. au1 l4o1c estsb.j b.j4tsacnss r ia.
hsrs been Fu!ned. s9p2oec tbs, b Jus,
We c1cinde' The fa.rfgn ean.i., sal make
ourselves, bu1 at double th1 price. TLet
sAl bc 4 les4 quantity .aa.'e, th.a btfur'
Hut the In ported Cloth nas mol 10 be bad Il
poyllnE. sp.1s u our own Population nc,
obliged 10 raise The psodIets which VIC SCI
1T cIeh1uct fsr Il. Es VIC do uok take far
doth. they eannos take ont E,tsaes,,
cnnrse, a1t those who lsbared In The proauci
which rtrs athrn1ea }er dtta, arr oui of 81
r5oJment- 1hert rs4 4 demand for 4 sut
eie1f a1nnu.,t Of thtlr labor 10 rasehase OF
tIoGaaad bales Of c!o.h srr1,st, nvs thcl
y demand tns Labor sufficient h nake rnl
I'VE hundscd halcs o! cloth. 81 Ill the dise
to prteurr onr thoueaal b4les By eEtAanz
and that ncesataE, IL nstadzrs, OF rrocu
b. e1ch.aEt, fire hundrcG b&1ss. Ii The i
1u2-a lor inlIstEy dl1aialAhed, snd, af eeurs
&ht slsua!us TO lalsssry eakeIed-
We tef. ther. what l. TIE trntenry Of 4 sy
TEN Of thts ilad- Fist, 70 f4s - The man
iseinscf roncesncI, II canpnt lnertase L
pn1t beyond ue average profits Of eve
other cualtoyluent; Tor, Il coiupsIttton 10 I
!owrt, sarital Aal Ator will tow inIo
wt4tevc- Elay 3e itA advantages, until
Fruttf fall 10 tEe general letel. sect'ntii
tae demand rJ' s.hst 1at'oz Is .slmin!sh.d ]
lit. rcdueed consumption created hy . site
rFicr, aud Also, ~ ILLS re Ut I'rlee increat,
The crpca.es of living, II males e+eu th,s
reduced EAxrs oE fesA vxlne than they We
tc{orr- l1cnct. ll4e tlzs4e1cE IA, to teduce Il
pEoat al eaF42l aud Of 1ator In the WIN
community iuEer Han They verr before sur
duty was in{x.sed. Il this reduced avesag
! m fhs,tr trtj fnna4 fh.4r1SalxAS fshdf.Ff,
s1d heacr. BY ihis spxt upnatton, taeJ taei
| t6trt. .I1St 4utfr- Hence We eea the roaGt
whE. Nhen cnct duty IL imposed for Il
protection nf q 1sstIcnlns hrnnet Of nan
t.ctures, |. sat &oag t.aosc hrt,,rr Isots
;s,;,. t. a., :. as,o.n9e nd md t,'S l. sny p
: great manufacturing easerprlse u @ncce
l. 50 Commonly alttrwarl followed hJ - a,
. venAl a depression ct manufacturing
/ Iu.irT.
THIS Il tho result. no far "a the elect NJ.
, our own country Il concerned. Hut u,is
!, not all 4 1se Of prtees must. Of nece.t,
.. follos protesting duty, for thts j. tts ve
. sosne particular product, 80 that Ii may
, ! created y hers n could unt II, created t-fns
II II produce no r{*e Of Fices II Il usele
, So~, rise OF pEtcea raises tho cost Of n
ducifen, and, " it, v Lo1e rt1eet, na~st ri
;he Hytce u every tsf;,,;inet rbish s ss ssa r.
+ aasIsl injured II re can iai.e cottoi,
+ ten cents I pound, and lrluE !, Into mari
= - cheap ~ oahe. uatk;ns, 1c have N 70
IN opportunity - they for selling II. Il
$ can Tntse 1t At nine cents. va ca, uu.lers
thoa, .nd supply the whole market OF,
!. vc acil II NJ The same price as before,
!. gain ane cent mora on the pound. II, by
c5ra.e of the exlrnses Of Living, We cant
raise It Eus lcAs than elesm cents = pouE
: they will unoessrl u, and We thau oe ob;sg
+ to give mp the Eaktng nf cotton, either p
!, t12lly OF. alsaEethcri and the Industry
! Escfd h raising sud transp<rlsnE the eoits
! ind " bat we rccelsc IN exchange for II, "a,
!. he either partially OF wholly thEa"n out
employ mtnt. Every one must Sec, thlt i
manufactures ef England could be afford
u much lorer, ,th&. =, would b. able nnch tst'