New-York tribune., 1870-11-29
ISNOOKNlS TROTBLES.

The World still founders desperately in She
bog into which it plunged in behalf of its Free
Trade cOmpatriOt tho Hon. j. Snooks, who
was engulfed, you remember, while making
speech for "Revenue Reform" by hearer,
who asked: "Mr. s.. do / rightly understand
"yOu as maintaining that an import duty on
Gan article which We partly make at home
"raises by its amount the price of both the
"impOrted and homemade product f"-" Ger
"tainly dO."-" Yet you propose duty of
"$3 per tun on imported Pig Iron, with moth
ling at all on the homemade Y"-" just so,
"my friend."-"And we import Half Million
"tuns of Iron per annum and make Two Mil
"lion tuns at home ~" Those are about the
"fgrres."-" So you propose to make us pay
"Seven Millions and Half per annum more
ethan our Iron need cost. Six Millions of
(which go right into the pockets of those you
"characterize as greedy, grasping monOpo-
g" lists for the eole purpose of getting One
million and Half more, not cent of it
from those mOnOpolists, but all from us, the
consumers, into the Treasury: 1s that your
"Reyenue Reform p Tn-Snooks: "Why, you
"see, take my Political Economy bodily from
"IHe World, and must wait to see how it
"clears up this point"
| Well: let us see the best The World can do
for Sn0Oks, on the third or fourth trial.
''some Of the Revenue Reformers having proposed to
reduce the duty Iron 70 50 tun. THE TRIBUNE at
empts to their guns and discharge their own
batteries against them. The S. tun collected i'm
ported ron says THE TRIBUNE will go into the Trea sury
but the added TO the price OF every n Of American
Iron goes into the pockets Of Ironnakers who bene
ted at the expense Of We are glad to find
THE TRIBUNE exact recognition of the nature OF
the efreerade argument ANY tariff far as II protects
that say raises domestic pricesundoubt
edy robs the many for the benefit of the few and the
tariff being fragrant robbery, cannot that FREQ
trader bellies his principles when he says that he would
rather give the robbers third OF his money than the
whole Of It, We thank THE TRIBUNE for giving so true
an account OF the reerade argument In its attempt TO
retort it. We admit that the g duty iron would bene
at the American producers at the expense OF the
suIners Pray, make the most Of this admission and
then will give reoinder which we have In pickle for
you II for the hope of seeing the freerade
argument again correctly stated In THE TRIBUNE, We
would give ii now"
Reioinder by The Tribune.
Why should you "give the robbers third"
or any part of the money you take from the
people by the taxing powerf If you have the
votes to make tariff, why not make one that
does no injustice whateveri Do you say that
you must tax for revenuef Very well; every
cent of the duty imposed on Coffee fOr in
stance) goes into the Treasury: why not levy
your duties only on articles of this class, and so
collect for the Government all you exact from
the taxpayers, instead of putting fve-sixths
of it into the pockets of "greedy, grasping
"mOnopolists,n already gorged to repletiOn9
Why can t you make your Tariff just right as
easily as half rightf When you shall have
OverbOme us ProtectiOnists and chosen q
"Revenue Reform" Congress, what will then
prevent your acting in full accord with your
principles7 "What answcrY"
Tie World is perfectly aware that we accept
neither the Free Trade premise nor conclusion
We believe the People of the United States
are this day supplied with Iron cheaper-much
cheaper-because of the Tarif-that even the
Iron we import would cast our consumers
more in the average in the absence of Tariff
than it does now, because we could produce
far less Iron than now, should therefore buy
more abroad, and this would enhance the
British price. So with many other things than
Iron. But all this is outside of the dilemma
of SnOoks, which is just now the matter in
hand, and which The World has cOntrivcd to
make palpably worse.
we VIII let Inc " ora give 1luther Tca-
sons why no honest man who believes its
teachings Gas we do noD can vote to impose
any duty whatever on imported Iron. II says ::
"When homo made and foreign-male article come
IN competition, Protective duty the Inter raises the
price OF the former in tine domestic market This axiom
defes al attempts at refutaun The sole purpose OF
Protective Tariff s 20 raise prices and enable
mestc producer 10 get more than he would In free
market For, what does the American monopolist ask
10 be protected against Why, against prces pre-
ciscly against low prices and against nothing else.
tariff which does not bring HIM better prices than he
would get without It, Is no benefit to him."
Comments by The Tribune.
We will make the falsehood of the above as
- al T..