New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-02-22
OBSERVATION-DISCLOSURES

Among the statesmen of France, there was
M other thought of for Provisional President
than ADOIPHE THEIRS. In calm, bright SUM-
mer weather, any sort of iiglIrc-head may serve
the State; but, amid hurricanes and cOnvul-
sions the foremost ability and the ripest ex-
perience are indispensable. Over seventy years
of age, no has Outlived ambition, and hence
forth gives the remnant of his days to the
salvation Of his devastated, PROSTATE country.
NJ. Theirs, it is well known, is thorough
going Protectionist. AS no one ever mistook
him for a fool, we presume Inc is classed by
Mr.. Mill and his disciples with those who IN
tend by Protection to plundcr the many for
the ACKNOWLEDGEMENT of the few. Here is what
he says lin his great speech of Jan. 90, 1900 on
the subject of MonOpolcs as affected by Pro-
lection:
at Is urged that all the projections accorded to indus
try constitute monopOcs, and that to enrich few mo-
noposs we burden the whole country. 1t Is true there
Is monopoly; but II ia not in France 1t IL abroad
desire say that this little monopoly, which you accord
French industry destroys tho monopoly OF foreign In
dustry.
"whon England and France alono worked up cotton
as you know what was the price OF kogram of cotton
yarn which is now worth three fTancsi IL was worth
81 francs II that this at the period OF OH
wars and when the material bore ahiSh price; Dut
after the peace the price stil ms high as II francs
alt has gone down now 10 tlreo francs Ana mere IL
the reason why. In proportion tho French produc
ton was developed there was spite OF prohibition,
sort Of penetration between the two markets. Nocrc
aed competitor with England, and thus the cotton fell
20 three francs.
"What purpose then has the monopoly serycdi IL has
compelled the foreigner to lower his prices Every t'ho
that you give protection to national product you
the price " the foreign product To be oWceu an"
you prevent monopoly.
"Anothcr example more recent. When the linen IN
dustry was destroyed In France by the Enghh produe'
ton by power hoeram Of thread was worth seven
francs We protected the linen industry I'm France This
protection permitted compeIition and The French pro
duct compelled The English manufacturers to iO" the
prices to three francs ATTY centirnes.
off then there is anything evident IT Is that THIS pre-
tended monopoly this sacrifice of few centime,, pro
duces general lowering OF price, which Is for the bcne
III OF tie whole country III yOu are not willing that
the French manufacturers should fabcae because you
have to pay 20 per cent more than IN EISdnu' VIII
end in the English making you pay 100 per cent more
"f England were tho only country TO produce certain
objects could you have them ut the same pricei Ger
taiuy not 1t Is competition sustained by a just pro
tectiOn which destroys foreign monopoly. Those VINO
speak Of universal, unrestricted competition 90 hot
comprehend IT, DO you know what true competition ID
II IL that no nation should srner itself to make any sur
render OF its native Industries. IL Is that no one should
say that it will longer manufacture cotton. because u
cannot produce so chcspy another that no ono Sa
ANY that II will no longer abycatc cloths, because II
cannot fabrclc 80 good an account MS its neishDD;
that no one Should say that it will not raise grain uIler
the prcext that grain is produced moro dearly than III
other countries. Tho ration which should reason mus
would exhibit the reasoning Of IN IDIOT Do you know
what is the true competition Of nation with nation, tho
universal compctlton3 II IA noble ambition on the
part OF each people, The noble emulation Of 3TodHfh9
cr0giing. and oven that VIII h 1t produces with less
advantage than other people. This competition has a.
ia result the reduction of prices to the lowest Attain
able standard, Throughout The entire worG."