New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-02-17
;ng that stern impost, which he set forth rs


followss
"Neithor Agriculture, Manufactures, nor commerce.
taken ,eparat,ly Is the cause OF weauhi no"s iro
them combined, and cannot exist without eaoh Inc
wealth OF any single nation, or Individual ~ truo may
'o ho Immediately derived from the three but suoh
always presupposes the existence Of these sources
,o,cb derived Immediately from one or two of them
onIv Taken in s most enlarged sense, without COM
,oerce industry would have stimulus; without manu-
faetres IL would be without the means OF production
and without agriculture neither OF the others can exist
WHOM separated entirely and permanently, they
must perish. War; in this country. produces TO q
Great extent that separation; and hence the
ereot embarrassment that follows In It's train.
The failure OF the wealth and resources OF the nation
necessarily involves the ruin of it, finances and s cur
rency II is admitted by the most strenuous advocates
ON the other side country ought he dependent
on another for its defense that at least Jour
musket and bayonet, cannon aud ball, ought
to be OF domestic manufacture. But what ia
more necessary to the defense or q country
than It's currency and nancei Circumscribed IA our
country u.s. these stand the shock OF warf Behold
the effect Of the late thcm When our manuiac-
lures are grown to a certain perfection they soon will
be under the fostering Of te Government, We viii
no longer experience those evils The farmer will find
ready market for his surplus produce, and what Is OF
almost equal consequence certain and cheap supply OF
all his wants"
Mr. Alex. J. Dallas, the eminent Secretary
of the Treasury under Mr. Madison, had just
before made his Annual Report to Congress,
wherein he broadly advocates Protection, and,
with reference to enhancement of prices says:
although some indulgence will always be required for
any attempt 20 TO realize the national independence In
the department Of manufactures, the sacrifice cannot he
either great or lasting. The Inconvenience OF the day
will be amply compensated by future advantages The
agrcuurst whose produce and whose nocs depend for
their value upon the fluctuations OF foreign market
will have no occasion eventually 10 regret the oppOrtu
nifty of n ready sale for his wool cotton In his own
neig borhOod; and it will be understood That the
success Of the American manufacturer which tends to
diminish the profit often the excessive profit of the i'm
porter does not necessarily add the price of the ar
Gle in the hands of the consumer"
Enough for the present We cite these
authorities, not as proving the Protective pol
icy wise and benefcent-fOr Mr.. Mill might
fairly say that this was a matter of opinion,
whereOn he differed from our departed states
men-but as incontcstabc proof that orr Pro-
tective policy is inspired by no such selfish and
narrow aims as ho asserts. The arguments OF
Hamilton, Calhoun, Dallas, may not be con
elusive as to the sOundness of their statesman
shin: they are decisive as to their own con-
ccptions and purposes And that is enough to
prOve that Mr.. Mill has miscOnceiyed and UNI
Justly DETAINED the motives of the champions
Of Protection