Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1870-05-20

With reference to American pig iron interests,
The speaker said that under the recent large pro
t..tiin the product has increased within the last
r..pe wears 10 an estimated amount Of l,@Jp'u1J
-.r,s or a greater increase than in the previous
half century, With recent discoveries in the
pr,eess ofmanuacturc, may not the interest ahate
somewhat Of is demand for protection 1t j. with
nations as with communities, diversity oil en-
ployments adds to the general prosperity. such
industries are mutual insurers, and when dlsas-
Ter hefaus any special branch the loss is male
up from the better fortune Of all other branches,
leaving the major part always successful but
those nations confined TO a sing venture,
whether Of manuftcture or agriculture, OF hsh-
cries OF OF numbering, ike the farmers who rely
ON a single crop, IN case Of failure, are cut on
from ali other resource or compensation else
where. The great rulers Of the world had con-
fined their truths 70 their example The speaker
iustauced Cromwell. Peter the Great, Napoleon,
the elder and younger Pitt and Colbert. The
prosperirv Of England under the PIT admiuistra-
fiou vas mentioned. Hamilton, Madison, Henry
CIsr. General Jackson and John Quincy Adams
were proteciioni-ts in head and heart. The de-
sir,liiitv Of liberal infusion Of Manufactures
among agricultural communities was presented
al some length and very cugently. AHusion was
made to the partislity Of our people for foreign
manufactured goods when those Of like character
proiucei at home were better and cheaper The
ehar-e that protection is always increasing It's
demands for legislative favors is libel Only
tboss unskilled. or working with inferior ma
ohiuerv. clamor for extravagant protection, and
such eXtravagances may be properly rejected
INST as ciamor in the opposite direction may be
rejected In 1861 our tariff was largely changed
m sreciics our recent war compelled us to IN
CREASE our revenues immensely but We have re-
Enouished most Of the taxes imposed for revenue
nurroses and 50 far IS protection is concerned,
If the revenue could be spared, we might safely
remit a percentage Of the tariff on considerable
shore Of our foreign impOrtations but the ques-
tion is whether it would be wise at present to
diminish the receipts Of the Treasury at all or
not ftbe President and the Secretary Of the Urea
surv think not) and if wise, whether the reve
me can he released on imposts or from Other
more direc: taxes with the greatest advantage tC
our neonle 1t is mistake to insist upon the
extreme rates imposed by the war. The increase
of the tariff on iron, salt, woolens and cotton
cannot he maintained except on the principle o.
/ obtaining a proper amount OF revenue fro'ec
] ton nav be taken off whenever direct taxes arr
renealed and less revenue IS desired. Inc wal
] duties on tea, sugar, coffee and salt were neNel
intended to be more than temporary. Francs
and Russia, adherents Of protection, do not 3
on from year to year Increasing their tarli
rates, but have lately considerably reduced them
The older civilized nations have got the start 9th
in the United States industrial arts; but the TIM
will vet come when the United States, If 1t plea
ses. can enter the race Of free trade as to yer,
large number Of articles, if not as 20 all, agans
all corners, regardless of their rank, history. o
civilization If this were not so, protectol
would be indpfensble I, is competition, equal
with equals. nation with nation, man with man
that sharpens the wit, enfOrces economy, an
most speedily reduces the cost Of all product;
On the subject of raw materials the speaker di
nted some length, stating that as rule II wa