The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-03-14


| such fluctuations In the values and quantities OF
| goods imported must, 70 a most injurious degree,
affect the whole bushes Of the country. They engender
speculative spirit, an evil the extent OF which can
never be measured nor sufficiently appreciated trade
| 10 variable cannot but impar this uuwhocsono
Characteristic to whole internal oomme,ce. This
alone demands an adequate remedy, IA moat 'nHcal 10
the productive power OF our labor.
EyrEcr
The variations In quantity and prices OF commodities
impar 10 foreign trade many characteristics OF gambling
The regular merchant very often nds himself surround
cd by Adventures and spectators whom he scarcely
knows how TO regard; they may be smuggers they may
be gambling speculators hoy be agents OF foreign
merchants manufacturers, 10 man~uvrc goods
signed TO them through our Custom Houses
Our foreign trade however Its advantages or disad.
vanages apart, Is undergoing change which will
certainly make 1t foo 10 home industry than
has ever been This change has its origin in tho ad
valorcm features OF our recent tariffs
Our shipping has so diminished that goods come 10 ne
&c, ~ all under foreign management and control when
landed here.
The trade has many years. therefore boon taking
shape which has grown 10 formidable Dimensions
The factories workshops, and the sorkncn In Eu
rope the warehouse Is In Now York Goods intended for
the warehouse arc nvoiccd at the factory cot enter
ed at our Custom House at that price the duties
nrgcly dm'nhed and the evil Of competition with cheap
labor Increased The misohofs Of thus hsrbong Glars
~ men whose business II s TO debsuch miscad
othce to rob us OF rownne and injurc domestic In
dustry, " apparent that they should long have
found remedy These foreign AGENTS co pcfaiecon.
santy Tor tho evasion OF our revenue laws They pay
inadequate taxes they render military service they
pay very little rent their sympahes arc all on the other
side, and their business " 10 nuly laws pertaining
pdccmiuR
benefit TO reconc TO their presence and operations II
they realize fortunes here their Instead Of going
increase capital aid enterprise carried Europe
to swell the volume Of capital there which employee
IN overwhelming rising industry No country In the
world Is afflicted with such multitude Of commercial
parasites
FOREIGN INTEREST CONTROL rmcEA
Tho concentration Of foreign commodities and tho
ngcnts OF foreign firms and companies In New York.
gives this foreign interest the control Of prices there and
Of course In large degree Of the whole country This
II an advantage which places our homo industry very
taie altogether II Is we'll known that few mlllob
corresponding articles Of homo production 10 perhaps
twenty times the amount Purchasers flock 10 the
cheaper markets. and the holders OF goods esewhore
must reduce their prices their saler must stop.
Foreign manufacturers can when they please, by
means OF cheap labor abundant, and cheap capital and
the strong position they hold In New York. assail
whole domestic system and without any material loss 10
themselves innei blow upon our industry which dis
credit system
The sale Of foreign goods without precautions only
reduces prices, hut checks the movement OF domestic
commodities TO the special Inconvenience and damage Of
the makers who canno, prosper without regular sales
| proportoned TO the progress Of consumption
The unsteadness of domestic policy for the last
half century, added 10 the Characteristic fluctuations 81
extreme variations In the price Of goods our msrke
~ have seriously mpcded tho proGrr OF domesc Indus
Try and imposed injuries upon merchants and manniac'
turcrs al home fearful In magnitude taken la tho
grcgac would for the last half century rval the de
vasta,ons and Losses Of the rebellion Men well ver.sd
Ia the productive Of the country have during that
time been often led 10 that II would be great saving
10 the labor OF tho country 10 tbs whole revenue 10
place Of suffering the continual assaults Of p~nper labor
That such LOSSES have not seroasiy damaged our
domestic Industry due 10 the inventive power Of our
mechanics. and 70 the introduction OF ina blncry In
place Of hand labor But tho disadvantage s yet 70
great that should he constant object % national at
tenon and anxiety 10 those who shapin. The Oman
cal policy Of the government II IL mi.fortube
dserod 20 our country that We cannot manufacture a.
cheapIy ~ thoy do In Europe and that operatives
paid two three times mor for sages Than paid
for similar work abroad
II nine .tenths Of the commodities consumed In the
aust e he al VI
the composition In the home market a. A. Ne constantly
Observe severe enough 70 compel Tho producers 70 s
maintain their position In our own uhrEe ny redncin4
their prices TO the lowest rsie, sons'sien, Win
with labor In the danger most TO b. dreaded by DO
mes,c industry and most hkciy 70 prevent the regular
u wolf Known that shippers n goods 10 this country
nAke full advantage % their power over our markets
I both for their advantage and Tor our injury NOT
only so-such h. commercial .onveness In the matter
OF prioes,hai the arrival Of unusual quantities 81 Foods
sale and prices not unfrequcnty give wsy even upon
report Of orders gone abroad for gods which esnnot
tsri-ilcs which makes foreign composition 10 much
dreaded. Il par~lyxes domestic ndnstry II IL 6ru,
Dependent az We are aud must continue 10 be- upon
our home Industry for full neesnihs Of domestic con
must depend, Ia the skin vigor aud Of homo
production u cannot be wise 70 sbec, domestic sorsrs
Europe without due precautions ny NJ possible effort,
by possible Crention 81 that trade could the people
\
the neossares comforts and arurrs of NE a. they ar.
BY home production The Indispensable national
policy s'o uphold and ehefsh ,ha' Industry 70 Witch
No compelled a. look for nearly al that meets tho
| wants q civilized life.
srcy-Irr non A cuisaE ~ roLrr
| II II suicidal ~ break down weaken the chief
production for the sake u purchsios much
Ices quantity u cheaper commodities from sbrusf sor
can be vse ~ expose our homo pfpfuc on 70 ne fgh
sreci q competition which keeps half ouf ~hois
population Ia ala almost hopeless ar vac f1t ifohs
not for arEtsnce II cannof b. wise " permit the con
n tsLdeufy n
labrcrs in this county ~ the condition q ofe IN ~
rope .. TO morals remuneration and nteii senre But
more especially Ia our present view ~ The subject, u
cannot be wise 70 expose the Industry ~ The country 70
disturbances which seriously impair w. Abiiy 10
endure permsnen, and requisite TAXATION
Hthe large sum ~ tSo hundred millions yearly Witch
10 apTafen, ma.' nor BE- drawn, ~ sid,i.n 70 u.
amount yielded Ny the customs run the people foe bs
pnb treasury b. ret1rnet ~ pabr erporditsrs - %.
channels n oar own .udlst, iram ~hsb V ;. dfs~n
wesEenproi active power Il lhoss ~bo th.
afnoan, from the government sirsna any large prp
pOrfn Cor lhs yfdueis of fore "a sfusty tbe angsnt
20 e1psrdei ell ~ annually darn anf reiA ned from
the capital q oar own iBdgs,ry AMI " dat ei'1ni u
~. u that portion o. the population Engaged n pro
fct.ona life and IN plrsuits othsf than thoss ~ pfo
dseiiye indls,fy, eIltnd anr .pn"asisss PrsiaJ..n
w that propofsgu they impar ths power ~ that hone
production 70 which ny owe ihs inoouo Nus etf~ta.
and dsraass That f0mesic system ~hch alone can D.ss
| a naiion pfusperoos and poseFfui Tbsy violate that
which orr NOT suiinst, pore.l seanon., has espgly
| called "Ths Harmony q Interest vhich should cbs
| raetarigs national isdasry
u our eosnly % attain ,hs' property -h'eh !,
within is rea ard With oil plsc. AMI ke@p " IN tho
very front rank q nations 10 I'll faspTcis u must PEE
serve iu internal Industry from fpe ooDg@,uon rth
the cheap lADr u cher fafs u 80 upff u Dpe Dot
- policy ~ bring down ylfsrs - "a. rate Of
| wages prevailing sisevhsf- bat IN MAINTAIN them on
higher platform and make ,rerythns 90. c9rr"sponf
Deivefases from - the vofaf evils ~ nat cheap
labor osrBpsttl0n x Strengthen snd consoldsss ma
profgo,vs forors ~ The nation and .. go 20 ths ..
tioua wcsth that present TAXATION ~i SEEN stt
burden ocmraf.i ~th ~ fe'srfnurd IVAN n forsn
n.ngf.etgr-r, eon,nlaiiy ,smpsf " ,ss us.i prgas
which is beisesn tler ctssp snd 04f bsh Tfcsd isbf
| u sb0ah ever have beeu policy - male sirc;
and Aiifsi al 4simert ~ means ~ iaft1 bsf~sen
Wages q hbor II bsnls nni sf9ad Faf sshi ~ nat
NlaFusus our Dfst,fy has srsfrt ~ ~ fucaaiions
and other icui1 q freFn fs1r more los than can
| - conceived by thosa vto have ~ cafsf4hy
srnminsd che sIhlscf eth ful nsans - Information
Great has tfen tls pfogfesa - " uAhpftfirfihf
Industry % ~ county and great la brsn ~ sqas