New-York tribune., 1872-01-29

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COMMERCIAL DISASTER FROM TIE WAX A'hhD "
PROTECTION.
Iopv wish 10 read enough 90 show yon that "has "o
have experienced Is what they experienced. ask Sou
bear witness that there was general
as the late war drawing to close thatl" co9'"
would 10 followed by a general collapse and gehora
crash You know that was tho expectation, reDP,o %
said you stimulated now; You are llke tle iSlo nv
youi 20 down And tins no doubt probable ana
general calculation, and they said yoan 1nio N.Y. aud
political because you'll have social reYlsion ha
was not entirely free from apprehension tS t bev
dcuons would prove true. SUI YOU h fon a svstcin
whcro dollar meant 80 cents to system % los 80 " We
o. cents inore and likely TO no more tnan iess mo
pa5sed from a war Of enormous expense, where mon
and half Of men eiDbatted tOT ycss, Icy ~
hand and We came out of il with very little or nothing
ofdcprcsson and nothing like the general colp1 s.re
mot known In ali the years of my life, time whom labor
generally employed and fairV rewHIuca a, @
period wherein houses built and cities eM
panded, and more roads and farms added 10 Tue Suo'
Make any explanation you please, know that tho nc
difference is that after this war We npu
National Industry, so thatlt prevented INC
branches from being crushed out by foreign coDpeth
and that is why have had years OF prosperity "ncn
Otherwise we would have had gloom and disaster, col
lapse and bankruptcy. lApplause'I
THE JANUs-PACED REFoRnERs
sbo wo 90 back and try that which 30 often led 70
disaster haYo patience with those VINO adViSo S W
see whether you cannot cut down here and cut down
thero a lttle end make tariff neither FREQ Trado nor
Proiectiye but ltte Of both, reminding me OF tho
Indian wbo having captured enemy binds him 10
tree and throws his tomahawk now ut this side Oh o
captyo's head. and now at tie ,t,ih' oiher' hin 70
u1nghter1 I believe that these experiments TO sec
whether you, cannot get httIo ortS nearer ~
people who have had such experiences as ours " II
the Lord bc God, serve him. says the BOOK l,nghterl
and in Ours DO the policy which often raised the co-
try into prosperity Let stand by It, rot heartcssy,
but heartily and thoroughly am fol maintaining ~ ana
give this warning to oil who arc maklng new uepar-
lures" [aughtcr and all varieties Of contrvaaces ani
combinations Lct The parties OF to-day ,nk our ot sgnt
and the parties Of tomorrow on. nave no rear OF
the result: but tell that any patty or combination
which expects rG 10 gan any sort St
letting our industries take care OF themselves In an
unequal and unfair with the cheaper labor nhd ma
erals Of Turope-that party Will have a. all 1hes my
The county cannot afford 10 try any such experiments
II an hOnct comparison could bo made, it would be
found that the maLuiactr ring and mining products o,
tte country have been cd Protective Tariff
Of 1851 was enactcd and know that that tariff has car
rIed u hrougn TIE danger Of collapse in our finances
feared that The armies II the Union Wond be over
come by their udveraeries; but did fear that our
finances would collapse r. we did not foster ana
support thOso industries. This was dnlo Dy Protoc,
ton which enabled TO strengthen our industries ana
foTfy ourselves against TIE results OF depletion OF our
at home, and multiplication OF our de9ts ABROAD %
and from breaking down In the midst OF onr contest FROM
that calamity wise ana eno3Snn1 h pUSy ynScS ony S
u.s. and Ibe7eech who believe tba TINS con
try ought to be aHd @ s m Oyery se rtber
ana further. that yOn resolve with me that wGateHer
changes may come shall stanG together for Tho Pro-
lection OF Home Industry, now and forever
Tho lecturer was heartily appauded tho close of his
address.
Tho Chairman, looking up at the clock, said
The rules of the Club required that should call Mr.
Greeley to order hour ago (aughtor but since
member did so suppose wewore all glad to near h
The spT % OF M o t% other the sde
and Mr.. Lloyd Secretary OF the Free Trade League
Mr. Charles Moran and Mr.. Henry D. Lloyd then adj.
dressed the Club combating tho views put forward In
| the address.
Mr.. Greeley, in summing m at the close, said:
Our friend who last addressed'you (Mr. Lloyd de-
clarcd that Free Traders refuse make iron,
because that Is sort Of pocketpckng business / do
nothing wrong In making iron; II Is the exorDtlnt
10 sell Il so high He may sell it at $40 tun aud then
will be an honest business Laugnisr e says me
the will Of 800 idiots In WaShing9n as he call, them. en-
gA gl cd f n E' n% T@H s1S there
Was Alex. Hamilton Henry Clay, and Gen.
opinion, but as It aitests the truth. read those
extracts which gave you, to show you what farmers
were for Protection only ask You whether that cacua.
ton theirs not "a reasonable QUO Y They SAID
Give market at our own doors for our products
Gen. Jackson wanted Protection. not for his craft
directly but because by its building other industries,
| IL would benefit his This is "a more farSeeing
| policy than Our friend recommends tonight.
Mr. Moran says the SOuherners had magnificent Pro-
lection drring fhe wnr-that Protection good they
ought have beaten but when the hour of riel
| was not the time to GO to work opening mines and
| building fuInaces, as they wished they had done
| long before They waited until the time came whom
they needed tho results OF the patient industry the
| labor and thought, and experiment which TO. forty
devoted 10 the Beet Sugar product In France
their sugar costs 5 cents pound, and people
who foreign market for sugar get it at cents 1t
IA cheaper than any sugar that could be brought TO
France II there never had been a tariff chemical
| researches Mr. Moran quotes New England author
ity Gov Kmbal who, by the way, never wac Governor,
but sought be lLaughter.l Yet there Is not
| member OF Congress now from Eew-England who is
not PrOtecOnst and the people will all come up for
Protection when they hear both sides Of the discussion,
| in the next eight years.
TIE COURTS.