, 1869-12-22
Pestu rrs1on, has CONC to Be regarded as o,e OF

peAth IEBion, mas CONC 70 De ffBAfae4 hs oae or
AZ oidinsfy good ciop, therefore. Ia tna Cn,ted
Sister cannot Be rcd II home rnn surplus must
s1nor,stiou measures ths price OF tne waoie crop,
trhs uch - there cannot DC Two prices for tn1
sane Article, one foH the home mn auotaer tor the
hi he yalue Of The surplus for e1port3;ion u
much less than It = ould De we're the cCIrrEcy
tIouao ot 10 specie sfRDdHEd aad taxstton rs1nced
sEr!cplInriat ID paced at Eiesdvautxze WIFI his
fuTetgu coupetitot. from the vtD outset Le. os
e4pyuir. II cannot be dpneted that the cost Of
transportation, eieyat0I, ststlng, nad managing
Ia Ct eass lU Per cent greater than II w0ad he uE
DEF normal eeaditon Of currency and toXaton-
II q also certain that the exporter of tue Eratn
WILL not give, Mt The tlre u hts purchase, Al eI-
ae1 equivalent. euzIeacy tho gold rz,ce u tne
paee Of fzle in Eu1oPe, less commissions. tsors.
doubtful aaeiael IL god ieceifel alsty or niassy
days beEce will then excna1Gc fo- as much cuI-
rencJ III it would Al the time the gram WAS tts:
a. the cue may be- D1s ~haIever these charges
may amount to, s1d. dsner o. We may 10 Eslesencs
10 paIucular1, It Up4t be agreed thrt they afa
considerable, shcJ ara iii reelected back anil
bcInt BY the rro1ueer, and not charged TO ID:
foreign consumer. lcr tas latter can q al
cr,mea which Is not aubteet 10 such Charges; uad
tn1s loss, fu11hermure s not limited merely 70 tns
VIII lie law above e1piaoed, is mai,.p,ieI 6y tse
whole ptoAuct, and dnlntsces the price for which
every huaacl In sold, whether The same te tnltQt-
Cd Tor domestic o. foreign consumption.
I'VE have thus stated tie Position OF tue AHart-
alrlcutur1st IN Iespect 10 what he has 10 sell
Let IA next consider his position In regard TO tnat
10 bear IN mind inat what tue grover OF fooi aal
otnek agricultural products wants Ii not money,
We vii therefore assuUe tiat the farmer ha.
turned tay one hundred bushesa Of wheat into one
hundred Gle dousfs, AID next endeasor to trace
this OF money through Its c0ufse In procuring
Tor It's pohtessor tie satisfaction OF the wAa:a
Etder The stimulus Of which he has performed the
1asor Of guiding the poTets Of nature 10 the pro-
lie has need Of talt ard he nnds that he caa
purcnh.e It IN Liverpool or Cadtz oni lay 1t down
| In the UnNed States at from 1fleen 10 twenty
| cents per oubhel; but the government, through
It's currency and its tArid, has Imposed such tAx
rpon Il a. 70 make Il better for him TO pay from
forty to forty sdve cents per busneI for american
salt; in other words. 10 take teas than half the
quantity for the same money. the goTeromens, .:
csteuklble onIect Tor which tar on sas, through
impe esed.
and could ger twenty IONS from Nora Sco;ia for
| hts hundred dollars. Tluf The government having
imposed q taH Of one dollar an, twenty, i've cents
per ton ol two inousaEd pounds, IN co!j. upon its
Importation. be npdA 1t better for hlIu 10 expeud
one dollar Apo bait per ton more for t1a1spor,a-
| ton OF cOal iron Pennsylvania Thus, thirty dol
lars' worth Of unnecessary Transportation hss
been pertorEed, the cGS1rnnenE has 10 more re-
venue, md he has less coal
! Air 5Wauaps uE AtFHt8 ~ %a1pGk LIS fQ0uA III
lnt nou the specie dollar Ieretrel FOR nusneI OF
his wheat would purchase OF tapestry Hr1l -seIa
| nyard aCL a third; but IN New York he Rouid
I nrd that government, through i;s curTeGcS and
tarb. had 80 taxed carp+ts that hs specie doll ",
even converted tnto clrretcy, viii pufths5e Only
shout fuuT-s,xths Of yard Of the same style aud
| quality. II, hoEertE, hts means 10 not allow OF
sns nnscha.e oi tapestry brutse.s. and he should
eIdeaynr to saisfy 1t! "asis With = coarse etruy-
ger or b0cklng, he Eouh dud ina. the price Of bis
| Fl AIN would purchase esS c5mtAratts ely than OF
! even The more EXPENSIVE and coatiE article. II he
wishes TO invest the proceeds OF his wheat IN pIau-
Ee's, be will 6od that 0re hundred bushels aalL N
Liverpool Will tug him orr sevea hontlred pounds
Of this article; bat II solt 10 Ner York 1T pres-
ect prices, 1. Will no. bring hn excess or toree
| nuEdrtd and tiIty pounds. II he should euGeaSor
| 10 console hitnseif wnh The reflection that tue
Treasury casps to the extent that he loser, and
that through bis sacrifices the period for the ex.
t;nRnshneus Of the rational debt Il shotteneu.
he Will 1lyd the receipts from the duties on bau.
kets under the tariff N bare been "a toll1Ea:
1s6a. esla 1s6d, s4ss,os5s 1884, sa97 EDS; 1883,
s.:,sss -
Ii fact. Ia almost any direction IN which he al
tenpta To exTeDd his one hundred dollars ID spe-
cte-or other words, for whatever article he at
tsEpts 10 exchange his one hundred bushels OF
Wheat-he buds that the government has ioter-
posed ard has dictated 10 him tbst at THIS present
tine he muAs either bay what he might not have
chosen, or tske less than wha: he nigh. other
wise obtutn.