New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-06-16

tho aya. tho .L,r tbc brain, supplying never what
wanted but only more Of what Is not wanted ana organ
izins really nothing. Henoe tho immense interest
vouns st.ts may have In making heavy loss from
~, wealth TO stimulate, In disregard Of oil Free Trade
,r,s sueh trades and ways Of skilled production as
III, Yield the needed variety Otherwise, their art
a, PRODUCTION leaves them only guild and not nation.
And guilds tho weakest Of all organizations save as
they are sprinkled In among other guilds and get
strength from the reactions and contradictions Of
other dssimaries. Thus o one-guid nation may seem
to be high and strong enough to make brave stand for
their ono thing but when they put TO some long
struggle nations in their wars, the onething fire,
be 1t for cotton thing else, Ia too ashy to hod
whereas tho organization framed by dverses and re-
ciprocites stands fast in the nterock Of functions that
make cause being components together In aful
endowed body.
In this complekity Of organization too, We have the
possibility Of great sentiments and great public love,
without which people is either strong great Dove
tailed In unity by their manifold arts and industries,
their sense OF country cause name and profoundly con-
Joined interest prepare them for great historic con-
sciousness. We have many fine things to say OF grit,
mettle dash and know not what other brave incidents
that carry applause but after ALL the best and grandest
way Of spirit belongs to that complete organization that
s at once the possibility Of great sentiments, ard IT
self vitalized In the And i must be very nig'
gard craftsmanship that goes after Free Trade caring
only to buy the cheapest rate and forswearng the
honor that belongs toa truly great people, because IL
must be gotten at too great cost"
All this is so true and forcble that we are
forced to marvel at the blindness-since 1t
cannot be purposed unfairness-wllich states
the Economic question at issue 80 lncom-
pletely and fallaciously as this:
there anything palmer, the said Smith would BIO
asking than that 1t is bad economy not to obtain every
thing as and it be obtained cheapest And
We can buy abroad cheaper than can make at homo
by our own immediate industry, what doing when
we undertake. In this manner to produce for ourselves
but using our industry at disadvantage For IL we
can buy the articles wanted abroad cheaper than
we can make them, our industry has, by sup
position, gotten something else wherewith TO
make the payment, with good percentage
over. And II it Is objected, that so We lose tho
whole given quantity OF money from the total OF the
public wealth. does it make that total smaller to send out
million of dollars In money and receive back two MIL
lions in goods when the million sen cut, gotten by
our industry buys what would cost just twice the
amount of industry at home What producer could ever
think wise produce IN the least productive way and
at the greatest cost Thus barter abroad one
barrel of flour for two yards Of CLOTH shall we make the
cloth home at such disadvantage that the barrel VIII
pay for but single yardi Had we not better put more
hands to making flour and fewer to making CLOTH instead
of the contraryP
knowing, he should have stated-that Protec-
tionists utterly deny and contest the Free
Trade assumption that foreign article is
proved cheaper than its homemade rival by
the simple fact that it is offered in our sea-
ports for less money than the latter. On the
contrary, we insist that the Pig Iron Qor in
stance) which, in the absence of any duty
thereon, foreigners would lay down in our
port for $50 to $25 per tun in gold, costs us
decidedly more, in our Labor and its products,
than just such Iron made in this country and
costing because of the higher price of our La
bor) $40 to :32 in gold-because
l. Our Iron, produced in every quarter of
cur country, is much nearer in the average to
our consumers than the foreign Iron laid down
at this port; hence will cost them less than
its price in this City, while the foreign Iron
must cost them in the average considerably
more.
Q. Our homemade Iron is largely paid for
with Wood which we want to sweep ont of
the way of future cultivation, with Fruits
and Vegetables consumed by the Iron-makers
and their families, and with many products
beside of our homo industry which we
could not sell in Europe even for the cost
of transporting them thither. An iron furnace
or cloth factory started in any rural district
inevitably doubles and trebles the value OF adj
jacent arabic lands, as well as that of forests,
coal-mines, ore-beds, lme-quarries, &C., &C.,
because it creates demand and makes price
for much that was before unstable or of little
value. Thus, our Mining and Manufacturing
have added Hundreds of Millions to the value
of preexisting property; and this increase of
National wealth is not indicated or measured
by the relative prices of homemade and foreign
Iron respectively in the port of New-York.
8. We of The TRIBUNE buy large quantities
of Iron and sell none; and we can better
afford to pay q higher sprice for homemade
than lower for foreign made Iron, because an
increased production of the former gives an
increased market for American newspapers (by
the sale whereof we ive0 as that of the
latter does not. And our interest in the
premises is identical with that of the great
body of our farmers, mechanics land manu-
facturers.
We need not multiply illustrations. Suffice
it that DR.. Bushnell, in assuming to state the
Protectionist position, has done US far less
than justice.
MP W1SHRUPNE IND THE COH1fUNE