, 1873-07-08

people, tho prlco ut which tlley would bo sold
would DO regulated by tho price ut which We could
import them from other cotintrics; 80 whether
wo produce a surplus or b doaott Of broadhtufrs,
tho highest prico VIC can over obtain for thom fs
tito lowest price at which thoy sell for in foreign
markots. Tho R1,rllnB represents tho farmor's
profit, and any law which conaacatos 10
per cont Of tl,at surpluH III tho way Of export
Tax on tho thing Bont out, or import tax On tho
thing received in exchange, Ia q robbery 30 plnin
and 30 evident that any man Of ordinary roaaon
must recognize It at once.
Tho protcotionists say that. If wo did not OK
port my breadstuffs, but rolled exclusively on
sales at home, there would be bcttor prices.
What would bocomo Of tho surplus Is not ex-
plainod. As NO havo said, no man exports
bunhel of grain until lo is ofroroa moro for 1t
abroad than he can get ut home. Tho export Of
grain, therefore. novor boglns until tho homo
market Is satisfied. It ia tho price offered
abroad that prevents tho homo market going
further down. II tho expectation Of grain woro
cut Off, then tho pricea would rocodo to tho nero
cost of transportation. Tho protcotionsta toll
tho people that II tloro woro Lowell and
Pittsburgh in every section Of tho country, then
tho consumption Of broadstuf1s at home would
DO 90 great that tho farmors would got largo
prices for all thoy produce.
Wo have shown previously that II all the per-
soma engaged In tho whole United stasos in tho
manufacture OF cotton, wool, and iron wore col"
loctcd together and put down in Illinois, they
would not conBumn tho broadstu1rs and other
products Of ton counties in this Stato. Corn
sells for rs cents at Lowoll but the operatives IT
located Oh Rock River, would pay for thoif corn,
not tho prico that It brings at Lowoll, but tho
price at Rock River. and il tho producers Of
corn on Rock River should advance tho prco to
70 cents, corn would flow into TINT district from
all pnrta Of tho State, and other States, in such
quantities that tho price would bo tho samc "a
before. The people Of Massachusetts, when thoy
pay is contB per buahel for corn, pay It 20 for
tho corn, md IS or 90 for transportation.
| Il these same people DO removed to Illinois,
lows, Colombo, or elsewhere, thoy would pny pre-
oisely tho current price Of tho corn at tho place
OF growth, with tho cost Of transportation added.
| no more and no less. The people OF Pittsburgh
buy their whoat and corn whore they can got 1t
cheapest. The price of Pennsylvania wheat and
corn IN Pittsburgh ie regulated by tho price at
which Ohio, Indiana, and Illinois whont and corn
can bo delivered thero. Tho pricos in the, homo
market of tho Pennsylvania farmers aro abao-
lutoly controlled by tho prices ut which tho
products Of Western farmqrB Gun be delivered
there. Tho result ID, that, whilo Western Penn
sylvania imports largely Of breadstuffs from the
her grain to New England or to Eu-
ropo. Tho price Of grain in all parta Of
Pennsylvania is the price Of tho same
kind Of grain In Iowa, with the cost Of transpor-
tation added. There is no Buch thing in any
part Of tho United Stato8 as n home market
exclusively f; tho prico OF every commodity at
ovcry point is tho price at tho placo Of produce
tion, with tic cost Of transportation added. II
corn IL Bolling for 10 cents in Iowa, tho price OF
like corn will be 10 cente per buBhel In Maine,
Florida, Colorado, Massachusetts,, Pennsylvania,
aud every where olse, with the coasof Transports
ton added. Any othor representation iB false
and fraudulent any other theory Ia de'usion,
invented to divert attention Of producers from
tho fact that 40 per cont Of every agricultural
product IN excosa Of what the producer consumee
in hls own family is taken from him to increase
the profits Of those engaged in manufacturing
articles ho needs and does not produce OIL biz
| farm =!