The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1873-07-26

: A,Na1IND01 = July
/ MsRaTE0R RaorsCTaOn. !
/ Most Of our ssa1sss h.xe eeen
pacture u m Old oonic almanac a
. itt1s boy with On old hat covsr
ing his head and shoulders down Il
6 sabowa and standing in ON,
boot up. to his waist, and hay,
hnghsd At the expression Of i'm
portance that appeared on his fac.
As be lifted one aids Of his hat for
moment to SEQ himself ssplayina
man. Those who have not seer
4 can zee an extract parallel Of il
IN the Sentiners article the othe,
day on protection. Ithas got hold
of some Of exc Commissioner Wells
figures and arguments for free
trade, and wears them with the same
Importance and, the sanae absurd
asct shat TIL, ,skild i. ths picture
does the mans clothes They are
too big for it They cover il all
up. It can't move in them, or see
without Lifting them aside; but il
aosapies them &c consequentially as
n shey belonged to it To say that
the Sentinel knows nothing about
protectton or free trade, is only to
make special application of rule
long ago established in public esti-
nation, that there is no subject Of
political or public importance Of
which it does know anything. It's
ignorance is universal and impair
tial, and has been SO often exposed
and laughed at in the Journal that
nobody expects it to be right. His
free trade display is of piece with
oil the rest. The journal has held
the same views on the subject Of
protection Of industries, for which
we possess natural advantages and
resources, for forty years. It has
IN that time recorded the enactment
and repeal of tariffs, and the follow
ing eras of prosperity and depres-
sion, and the arguments suggested
BY such seem to it just as pertinent
and forcible to-day as they ever
did. When Walkers free trade
tariff ruined our iron trade. and
sent English iron up eight dollars
; ton higher than American had
been before, the Journal saw the,
irresistible L. argument it furnished
against free trade, and used it.
Now, when protection has enabled
= to alarm English manufacturers
Dy reducing our demand for their
ron, and BY underselling them at
heir own doors, we see the ire
argument it furnishes
lgainst a policy that would have
eft Us dependent on England, to
pay her big prices, made tvo-fold
higher BY demand here as we'll as
here, with but one source Of sup
by, The two policies and their
results, as. exhibited in this CON
rast, make an argument against
rec trade. during the period when
} nation is establishing it's indus
ries, that all the Wsllses and Walk
Gs who ever lived, and lied with
lgures, can't refute or disturb. II
vas an argument that . far greater
nan than Wells or Walker yielded
o John Stuart Mill, in his s.Po-
's'cal Economy % says plainly that,
protection for the purpose OF
at''ralizing an industry adapted to
young and growing nation, is in
with the principles of
olitical economy He admits that
zcepton to universal free trade, /
nd that exception exactly covers
ur country. He could see the ar
ument that Mr. Wells assails a.
ily as he might assail The Chicago !.
re with 2 squirt gum Haadmits
'e value Of protection and grace
llly gets out Of the way of a force |
nt would ruin his theory If he
'dnt make an exception" for it 10 /
Q through Mill has no notion Of |
acountering what would crush |
%. But the Sentinel baby, mus
aerading as man, does not know
e danger a. well a. the great fres |
ade leader, and puts itself, what
ere is of it, in the way. It don't I
low any better. It Is the little
~ calf and the locomotive over. !
!aan, Here are some Of the pieces
u ny the collision. Towards the
st month dispatches from Eng
nd toll as that the iron manufac
Irers OF Wolverhampton and other
'rtions OF the ''Blsck Country
sere greatly alarmed ct the reduc-
On OF American orders The |
Dndon Times commented upon