, 1869-02-01

hold tho money to buy i H." He made Il
"tmooth ~ the consolidation on the low
.tar!d principle was thtok de Jaeso, aud IN |
the space Of \ ten weeks thcre paAsed between |
thousand bales Of cotton. A. ! prophcs!ed,
the Baltimore 4 Ohio Road took OIL its ahtp:.
:" Now" said /, "wc must have Norfolk
ard Liverpool direct uno-stcamtrs Of the
size Of the Tcrlfa. hare asked what sou
would do to save yourselves. Kespoud, not
"slr," said Mr. Evclitt. "they have pro.
duced t1eD, COO, The steamers hctwtxt Nor.
iolk aud Liverpool aEu being negotiated ior.
We have made certainty Of tue experiment
Of low tpeea and cheap ratcs. ! have in-
xsssd for myself 4nd mygt!nsipalaf aoss ons m1.. h
Vickshufg people arc stirring themselves,
! In President Murdoch, Of the Mobile = Ohio
Railroad, ! Ana worthy aSsosiata to sla"
hone. NE mean to make n .rfolk pesma.
nent shipping point, and the rendezvous Of
the Southern rlways, or san Ri ~.
docsrinate the system Of low rates Of speed
and cheap rates offfeieht." a-
AN aSaLisuMAS's REsuME or TIE TARIFF.
"Do you think, Mr.. Eyerltt, that with tho
Introduction Of this system of low tariff OF
freiehts, the interests Of the country will be
developed toward ultimate or immediate low
tariff Of dulles ~
"Yes. eir! What this country wants Is
not tariff, but transit. Leaving out your
bounty, the cost Of making iron in America
Is about that Of making 1t IN England. Yot
are already the equals Of England at the
mannfactory. The limited area Of our island
and the cheapness Of sea transit are ali that
Is in our favor. We have no such couSlon
crate mountains OF lime, Iron and coal as you
have. Our materials for smelling art
brought from different localities. at separate
expenses. We descend hundreds and than
: sanda OF feet into the earth for coal. fot
dig It trom the hill sides. Your ores ate zen
orally better than ours. 1t Is transit, slE
that makes cheapness or dearnesi
transit is tariff, or.free trade. American
: conl at the mines mouth is as cheap as Enc
: lish coal at the mlne's mouth. Frcightag
makes the difference In cost between coal i
London and coal In New York. We lay es
: trn rails on our railroads to accommodate
aud cheaper freight. Many Of our railroad
have quadEuple tracks. As your ezcell1r
c Commissioner, David 4. Wells, has show1
IL that. By reducing duties, the poor will
a better OF, 50 By reducing freights, / cla!l
y that your producers and consumers Will
IS better OF. As he has shown that,by reductn
!. the Whiskey tax from two dollars to hntfa do
(. lar, more duty cau be collected, so I clai
n that, by reducing freights aud running Fl
= quent slow trasns, more lreights can BE- &C
= lected, and both railways and shippers
l. be better of.
IF "Ah, sir,'' said, "when We hint towa'
= free trade, OF even toward reduced duty
r this country, the answer is that England g
= - all her independence from protection, al
G. that only now, having duly. protected hs
self Is she able to proclaim free trade.
d "Ah, sir" again said the British gent
man, .:look at our suf5cr!ngs under tAe d
n ! nasty Of duties. Famincs, bread riots,
- broad road of penancc. We look back q
see It all now, how blind and blsoted
T. were; how, in the words OF your ReTcn
n Commissioner, the rich we're ever g:ow7
Il, richer and the poor poorer" GATH