New-York tribune., 1871-12-30
THE ADVANTAGES OF PROTECTION.

nf. ADF AN a0T.o UT iOAN'
IMPORTANT MEMORIAL FROM THE INDUsrRML
LEAGUE-BENEFITS OF THE PRESENT TARIFF
system.
IBY TELEGRAPH TO THE TRIBCyR.i
WASHINGTON, Dec. 29.-An interesting paper
which prcsentedO Congress before the reces' bus
which escaped public notice. IL the memorial OF the In
dusts League setting forth the benefits Of the system
OF tariff protection which has existed since 1861 and
asking for tue repeal Of Che entire system Of internal
revenue except taxes. the repeal OF the import
duties on tea and cOfee. end demonstrating
against any general reduction In the tariff rates
upon manufactured goods. Attention Is especially
called to the general prosperity OF the pass
ten yeaR IL spite OF the warJ and to tho
fact that many inew industries have during this time.
been created hore ransplanted from Europe while
old industries been invgoated aud extended with
beneficial effects upon the people of every Glass; 10
show the effect OF tariff legislation on particular indus
tries two recent and notable examples are clted; no
rst the growth the manufacture OF steel rails under
o duty high enough to make ther production In this
country profitable and secondly the effect OF the reduc-
tion last Winter of the tariff iron. The memorial
says:
In the first Of those the price OF steel rails has
greatly declined since the manufacture OF them com
meuced here, and there certain prospect that
the continuance OF the existing duty will cause their
manufacture to be extended until home pr3aucSn aS
sSsapy Tt9 steel 9 result which San.SSs$ sSg$
should the same be admitted free Of duty.
In second case. the reduction OF duty on pig ron
Eas instantly followed by rise abroad In the price OF
which found their market here to the cxens
Of decrease In duty that decrease being thus 0f Ne
advantage to buyers here. but simple gratI,y 70 tne
tion Of duty wss also followed ut first by fall In the
price Of domestic pig iron, wMch fall prevented the
erection of new funacea shat is constantly needed t.
supply the growing wants OF the country scarcity OF
domestic pig resulted the price consequently rose
and though higher than before the tariff reduction.
is still rising because Of the insufficient supply"
The following are che closing sentences Of the meme
rial:
"Au our great and mMtfarous Industries, having
learned by the experience OF dee adc that steadfas pro-
lection home labor Is the settled policy OF the dOmi
nant political party Whose strength Is in great part
owing to the popular conviction OF its reliability upon
this pOnt are everywhere sending out new roots and
new branches whole complex organism thus develop
ing itself and exp andng with solid and symmetricA
growth. Anything tending to shake the general faith
In the stability Of this policy could not fai to hamper
our people In their industrial competition with other na
which are yet by foreigners to the extent shown
by our enormous inportatOns, and ~ cripple the spirit
Of enterprise whOse legitimate aim 1t to supply Ia he
fHost p5lti.a and 6tcH6fcal manner those prodlgoas
demands Now that have fairly 1000 ald reason
able tariff systrm conditions Of which are generally
understood to which all tho varied actiy OF tho
country COnfOrmed themselves stability - iht thne
most needed No sweeping reduction ia tariff rates nou9
be made no how moderate nor should any spccI
reduction made without the clearest proof VI tscxpe
| diency"
The memorial Ia signed by Morton McMchsel, Fred
Frsey Samuel /. Reeves, and James Park, jr