New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-05-08

would have nullifed any proecoh M the
Bnt, seeing there was lkey 70 oo "
tariff people did not rush into thein. , . , o-o.,
You and know that we have hsihsS wisely or not
The country owes it, and. like the farmers wall when
Ave feet wide aud four feet gn wn naate II II H.
40 large il covers the whole country We have got 10
pay it. and glad to have shown mat s %e v ySa
pp Hg to deal with debt of t2bO %" ~,
Won cannot treat It with light taxes. with N2ooooooo
Of interest tSooooo u pensions and the other eIpend
lures we have got to have high tariff. You cannot
help that But the taxes not large and DO nos
Cypress much supposed they would We carry aIy
them easy, but still they touch all, rich a1 10
poor. We have got the load to carry. n against
cry out against high is to cry out o sg oo
year for the last few years, and, IL had my year
should go right on paying one hundred ot Relieve that
national debt Is national blessing deSts and have
not found them to be individual blessings tesp the
Government, Pay of the debit stG;ou HSq Of labor
forever think SpS Us all to take on
The debt will feel harder 70 s Of labor 10 pay
one hundred millions year untitis wiped out ho1 cS
not pay il without taxation The money m nI 70 raise YOU
have So 20 have high People cry out about ad
taxes They say we getting the tarn up tSn any,
higher We have fought about pgron more t ~. ~ an"
thns else By the tariff OF 1923 the duty was s2 90 per
tun now is but per tnn 10to abrs are cheaper
tbs fari than they then, although we are
having the debt and collecting money as We never
oar taxes are not so enormous. suppose there
about salt thAn fNtnlnR tlSt. ~
busbel under the tariff of 1876 when IL more man ti
now And | doubt whether, on the whole. tho taIIh
high as Of q navn I Se war debt and
tainly II is not high as that or 1873 ~ II nOt
that we are always going up iron wSS yot have done
il; would rather have put It up, because want 10
not make it here without any tariff Because our Id
will not work at European prices. Wouu not
myself IL you supply laborers at European prices,
YOU can have the tariff taken or Iron Is labor When
labor worth 81 50 per day YOU can make tun OF IRON
for $40 If you get labor for rs cents day you can
But it fact as all know that labor is dearer here
God forbid that 1t should not he so-than III EIope any,
being dearer. cannot make things when are Simply
concrete labor here, so cheapy as III Europe AN upn
manufacturer in Pennsy lvania says ade 1r0h unuer
Free Trade paying 70 cents day Tor amor ana you
tsTn Free Trade must 20 back 10 that price III Is
simply labor il deaTer Certain things are dearei
not all. We have very large assortment OF aIuces
which as cheap as they would De without any ldI
Smith, the first minister from the Republic OF leHs W
England told he ordered TO buy goods Or Texas
and that among other things me GHsnt Snd
them over, but they could not get Ihe NH nHth
them because the American tools are better Take the
whole crowd OF farming implements nave seen anu anu
make a. GOOD ones in Europe We do They are I'M
| necessarily heavy, and are not wen addPtu ~
| the labOrer's An American plOw VIII Welsh
less than British pillow for the same purpose ana so
| with the wagon We have learned that economy in
| than thew do aud equally effective. A great many
OF our manufactures used IN the BRUSH colonies
| they leVNlng ana paying Iue uuite VI
they are better quality and cheaper than those manu-
] featured England. We have very large class OF
say that there is no article which formerly made
entirely abroad, and is now under protection. largely
made home that is not cheaper than men MADE en-
iun of iron made in Pittsburgh is $500 miles nearer
than though brought from Europe, and therefore i
much cheaper to the great body OF our consumers IA
New-YOrk. You must deduct the cost of bringing the
Iron ~ NeWlork before you can make far cOuaIl-
BALANCE or TRADE.
.Iofo1a tho halo Of
trade as though ignorant and stupid on this
subject. think, however know what about
BY balance trade that it is not best for ma
ton TO sell of its substantial products. its permanent
wealth in exchange for foreign products Of pershable
suppose have <OOOOOOO gold to-day, and at the end
of the year We have exported HOO00O0 and lln,
consumed The gold has 10 Europe and she is one
hundred millions richer while the products which have
come to have been consumed and we are no richer
That is what call unfavOrsbe balance Of trade.
Take familiar example. Free Traders say man
r fSna S Sheh he likes better Here is man in
sullivan-st, who works on the dock In gong
He likes liquor and he stops at each drink He does
the same when going home at night Az tne en1 81 ,s
himself poorer than at the beginning There Is an un
favorable balance his account. And whyf Because
ne mas given that which he ought 10 have saved for that
has persisted and has done him no permanent good
do believe in such trade or rather would have as
letter as possible OF IT, believe 1t unwise for nation
10 bny OF other nations and consume perlshaDe produc
IN exchange ellntI IS SOu Nul'H ~
permanent value, or IT'S bonds or other opgati4hs
v hch must be paid time other, think that
discourage the importation OF foreign uxures ana i'll
the the tendency OF gold ana SILVER 10 stay AT
The following resolution passed at the Labor Con
gress held in Cincinnati last August
The sf Should be modified to admit TIE nce'ses OF NE and sn
articles cannot produce duties for revenue to be
Of develop the the country increase the
Of factories give employment to more abor cause
& Stroy tb necessity for and expensive internal sIson
enable compete with the manufacturers OF Europe
Mind YOU, that is not Inc nor my friends. do not
know any OF those gentlemen who held that Labor Con
gress believe none of them were my political or per
sOna friends; but they put forth statement on this
question which TO me 10 involve the true principle,
that laying tariff yOu are to consider many things
beside revenue. Revenue is one thing ana very import
ant; but they assert there other things also i'm
porant be considered That resolution OF the Labor
Congress all the ground not as would cover H.
hut an the ground take and afrns all the principles
that are essential to my position.
close with the simple statement that IN every case
we have gone 10 the country asking for Protection he
cause under free trade labor unemployed because
the industry Of the nation depressed because on the
whole the county was not % Therefore S s wf
war. So we have always sad ana can our opponents
honestly say under Protection labor oener seeks
employment that there is no chance for men to do that
thousands roam the streets seeking work and finding
nonel On the other hand is IL not notorious, especially
as regards skilled LABOR that there very active de
mand; that there IL great deal d0ne-new houses hult
new streets opened factories going upi Is not the
industry OF the country in state Of earnest active, de
cided prOgressi II was not so under their policy II
has not been So and in my judgment be
Under free trade there depression; the currency
was good nothing; there little money TO be had,
and when you got il it was not worth having.
Mr. CLAY, in 1882 in speaking of the Tariff question,
said "Eght years II WAS my painful duty 10 present
10 the other House OF Congress unexaggcrated pic
ture OF the general distress pervadng the whole land
We must all remember of its frghtful features We
all that the people were then oppressed and borne
down by enormous load of debt; that the value Of
property at the lowest point OF depresSl0n tha
ruinOus sales and sacrifices were everywhere made Of
real estate that saylaws and relief laws and paper
money were adopted 10 the people from impending
distinctions that deficit in the public revenue existed
which compelled Government 10 seize upon and divert
from legitimate object the appropriations 10 the Sink
ing Fund 10 redeem the National Debt and that
merce and navigation were threatened with complete
PARALYSIS short Sir II uere 10 select any tern, Of
sere uears tince The adoption " Ne present COnstntiOn