The New York herald., 1869-10-12

ways ana Means organize lobbies make comDlna-
lions and extort By their display OF grasptn4 selnsh
member OF the Committee Of Ways and Means: = III
anything Will make man FREQ trader 1t Is 10 slt ON
the nere have Seep before Us aarhs he
msned US 70 iay or increase protective duties. Win
s no intent ~ the world but TO increase the price
Vi their product and thus rob the public"
MR. GhEBLEY'S REPLY.
nr greeley upon being introduced by the Mayor:
va was received with vigorous applause and proceeded
w an3wer PROFESSOR Perry evidently without mucn
preparation. After pleasant auson to the remarks
naue oy Mr. Perry on the occasion OF his first meet
.ns hiih ne admitted that projection was new
ideas put not SO new AZ railroads and telegraphs.
hau the Romans understood the system 1t would
nase insured them millions upon millions OF wealtn,
= ~ nau nol saved their ancient CIVILIZATION. He
comoatted Mr.. Perry's view that the duties on for
egn products raised the price OF home products II his
posiion ssound he should be hostile to every species
or duty on imports The two FREQ trade propositions
OF sweeping duties and the debt away together ut
int0 each other. He replied to Mr. Perry's sugges>
ton hat he had been carried away by words by STAT
ing that ne had had plenty OF good company in both
nemlspheres. the champions OF slavery were always
determined ultra free traders. An advocate or the
slave trade or OF opening the territories slave
holders was never known who was not free trader
cheapes. marietAirc When % these .s' men a. lost eas
power BY tine election OF Harrison protective tariff
followed, but 70 be overthrown BY a succeeding
administration again to be restored during the
late war He rejoiced In the even tariffs
that had been the result OF the war, but for winch
they would never have been enacted. This is no
new controversy. Beginning In l5ls-l7, there was
steady discussion In almost every newspaper. Con-
9ress and Legislature ana even IN congregations OF
citzens at The 1resde. IL was thoroughly discussed
and resulted IN the tariff OF 1924 After several de-
feats In previous years the country approved OF It,
for higher tariff was passed in 1928. The protec-
tonists have been done out OF tariff since several
times by trickery, but never when the issue was
brought directly before the people. Tariffs he said,
are carried by the the necessity felt by the
people for protection TO their industry In seasons
Oh distress very few instances oil which he recalled
In 1917, at the close OF the war there was great
II
showed signals OF distress. Goods were cheap out
there was nothing wherewith to buy. Universal
bankruptcy prevailed. Upon this basis was founded
the structure OF protection by men VINO were not the
champions OF an existing interest. Agriculture
called for protection to manufactures. 30 that Its
products should receive suitable return. He con-
tended that there was an infancy TO manufactures,
for the reason that we have to achieve foreign mar
ket. Tho threads OF commerce radate IRON London;
we are but side port. Cape Town does not think
or sending TO New York to supply its wants.
Vermont has great manufactures, YET she
defended protection. because she believed It Was
right. The Professor, MIR. Greeley said, assumes
that protection raises the prices for the manufac
turerS therefore tundue Influences were exerted
upon Congress- He forgets that an opposing
influence is also used by the lobbyists IN the
foreign nanufacturers interests, who likewise
keep open houses The views OF Alexander
Hamilton were quoted to show that the common
idea OF enhanced prices being the result OF .
tariff erroneous, that statesman contending that
the ultimate tendency was to encourage the growth
OF manufactures and consequently a permanent re-
duCtOn rather than increase IN prices As between
an agricultural people and manufacturing people
the advantage IS always with the latter. Their pro-
ducts more compact and less in bulk; hence the
lessening cost OF transportation Manufactures can
be transported from England to Iowa in
return Tor corn for one.twenteth the price
OF moving the agricultural products from
Iowa to England Manufactures allow OF a
broader employment for labor Mr. Greeley remem-
bered when girls would work for nifty cents week
IN New England. He thanked God they would not
do 1t now. This, he contended, was ono result OF
the encouragement OF manufactures. Several
instances OF the creation OF markets by the planting
OF manufacturing villages In Isolated districts,
enhancing the value OF the land and Its
products and adding to the wealth or
the country, were related as the results OF
protection. Ii free trade would only go TO
work and make all the iron the country
wants. the duties would fail materially. The iron
has been put here and should be utilized here. Mr..
Greeley stated in closing that he believed In a
diversified industry which increases the education
OF the country. Independence, power and wealth
depend on such an adaptation OF our resources as
secures the growth OF the country. Protectionists
have faith IN the popular intelligence which, VIII se-
cure us prosperity and independence from foreign
manufacturing aid.