, 1875-02-26

.. T., -, a., 49,,
uso 'so,a enoue'' ~ .us os'st'nt5 r"r''es "ho
c''ll sun 'l.'ss'u'n.p 'ons onougN 10 give
ans i''pot'''s Hucstlol1 eolsluei4'4oa*
u,uo pnva r11r nnTvo
1on4cr M4vy4nn. in fneaiino m t1,o INK
hill ;nst nwsed in tho Houso. soid 1o waa in
fovor of roto;nin, tho c1ouse ntltlipc 10 ncr
cont tn tho tariff IN nil manufactured ort,o,cs
q hcconsa The ror,ion mnnufoctnycr mil fin
dntvnl II In df1}c,1,t to conceivo ,,ow Il sano
mnn of ]orpo nu1,];o e1pcr;ence and sufficient
intelliranco to sccuro n sent in Couprosa con
Dammit co coror;ora ond ahsnrd n hlnnf1er
Il ia n fundamental pr;nciplu of politica1
cconomy. Justified fully by the experIcnco Of
nil co,,ntr;ea md opes md really ar;onn,;o
in ia naturo. lint Tim cvnsumor nlwaya nav.
Tho Ink. Th,s nnnlias coua,1v In n to,iff or
nm excieo tx, if nuythinr, mora strictly md
uniforuly to tho former than tic lattcr.
l,omo tox NAV r,ossibly be borno in mart hv
t1,o nrolncer sinco lin tnr NAV 1a m 1oroe
oa tn mator,o1lv ntfaet tho amount
of consunnt;on mud ho mov In
o,,t;cc1 h towcr ,bia nr;co. hv nc.
sumin1 a prorortion Of tho tax. in order to
1isnoso of b;a atock. oithcr this or In rot,uco
the nmount of nroduc,;on. INT This min
coul1 univ arn1v In n for.;r, nor,,ot n N.
n,moat ,,nnoss;1io coso or t;,:, co,xnmnt;on ~
its anrn1ns nrod,cta m mannfactnra hv n
s;nolo forc;cn nation thot il no nart NJ mn,
norticn1ar nrnf1uct bcino sold Mt homo or t.
o,v othor fore;o, countrv Al for from t,,;a
hoiur tho cosc IN the relations of Tho Tinted
stntcs In forc;cn noor,ets our nvcroco cou-
aumntion of tl,a wl,o,o lima of i,nnorta ;1oos
mt arcccd = mr. 10 mar cent of .ha a,,,ntua
commodities which other nations nroluca for
.o]o. From aome eountriea. such M crba
md oanadn. we purchase n LARGO ner cant
NJ +ha,r purn,,a cxnortah,o nro;,ncta uh;,o
from o,hara 1,7ro nuas;a or Ana.7;o wo Inv
hu+ gary ,;ttlo. ,rb;1o from conntr;ou t;1o n ~
manv. Frnnco. md ENGLAND. wo nurchnso
ao1ont r. m {, ncr rant NJ tho fret nanea ~
IN ~ tha sccond md IL or ~ of .,,o lattsr
~ tha;r atoc1t NJ nroducta which ,ra rold
abroad Tcnce we conld onlv efroct thu miro
Of foreicn oooda nj the noint Of nrot,uction n
r,nn)l mar cent ut tho most. md this ontv by
cuttin1 of our i,aportations altogether. But.
in tbia cnsa wo ahould not onfov nnv of tho
benef,t Of thu tlecl;ne In nr;ce. sineo Wa wou1a
fo;, In Inv anvtr;no and onr ,r,co. world
confor,, n tho nn7onnt NJ +ha ann,1v Mt
homo n,ohib,torv thrift ia ia ,r,-
c;sn onnos;to IF frcc.trnda 11n1or fho
fo,7nar nr;cca rura ot lie h;ohos+
urdor lin 1nttor At I,,o to,ve0t rbo o.eont;o1
advantage of Tho lnttar Ia lint Will, ,rs not
lovor rr;cay ~ oYr ,,rn7ncta .vo co,, t,r1 a
forai,n mnr1ret In l;anosa n, thsm md con
avc}onoo Whit va rrodrco for ,ha rroi,ro,a
~ oe,,or o,",,tx;o. ~ ,ho h;,1,ost ,,.s,,o.
,o.s viii. ,,n.1ar ,,po,,;h,tor,, c,,a... 49,
,v,,,m - 1n,, @ na,,,,nn - Fton ahrca, , wo ,.,,,,1 W
.,sa s.,, ,'s,,,;s .,>ao.,, xa.1. 49,. a., rss
o;e,, .o,,..o., a,,,1d ~ x,..s,,.,a .,,. 49,,
NE uimply would 1.-Two upon ono another at
h.Gh pr'oes' una reduce our wealth inatead Of
,vh;,&, ,pn f3;a rot poaa fov ,ro,1rrtu ~ .r.,
which NO did ncod.
m,se .;,.a1. es.. !, .,.4 Lair
IAe sunple fhct la, that, under our tar1H,
sno ',s .,'a x.ss. sousa.ss pa's .no e''1ens ~,
Genefa. 10" OF a'ppIy aha Demand IN ad'
lition thereto he pays Ill tie costs OF trans-
portstion, handling, excaaugo, commissions,
profits of miadlelnon, and tho tariff, and tue
,,o;,111amnrio ,,rof1fu eu %1,o }nxsH r1,or,,
,,one Of wl,}ch IL or mn ba 1,nrbe hv tho
foro3rn nrodnoor mr. nnanufaot,,ror. who ,,or,s
With lis coo,. n, ,,omo rnd nj tim son,e nr;co
ot whicl. he gollg to othor bpyors In tho anal,
;nertot W. con heat illustrate tl,o not,rol
co,,,ao i,v +,,o ,,,n,oaci, nurcl,os, ~ n s;n,,o
,r,nortei nrticlo. m which t}cro IL n ,utv ~
n, INV ran, In lila conntrv un,l ,vh;oh couta
atan !, Tor,1on Wa n,,rs,,o4o t,,o ,rt;c1o ~
tho rofo;1or aftor II haa nasscd t,,,nroh MI +,,a
variona atoroa ,,rono], which Il necas,a,r;lv
' e'se@" -