New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-01-13
GERMAN TOPICS.
PROTECTION IN GERMANY.

lFRoM KB3UIAR CORRESPONDENT OF THE ThiBUsh'l
BERLIN. Dec. s.-Within the last four months an
active agitation against Free Trade has been started
in Germany. This is partly due to tho widespread
and growing industrial depression throughout tho
country in part TO personal and political dislike OF
Herr Camphauscn. Prussian Minister of Finance,
who also has great influence tho fiscal policy OF
the empire. 1t is also due in somc measure to tho
advent Of camer times, which incite and afford
opportunity for abstract speculation on social sub
ects. For several years the question of Protection
and Free Trade had sumberod in Germany. Tho
Zollverein established Free Trade among the Ger
man States, and did not exact high duties
foreign products It was supposed that the Pro
toctionists had gained al thcy wanted when in the
Reichstag, in 1871, they had tho high duties on
manufactured iron continued for five years.
The revival of the Protectionst movement is due
Immediately to certain wOrkingmen's clubs. Their
zeal attracted attention and melted opposition. Sew
eral articles were written in favor OF Free Trade, the
most important of which one published In the
Gegencart by Herr Won Unruh. This was answered
by pamphlet entitled Ge9en den Strom. by Wilhelm
Won Kardorli. Wabnitz. This gentleman being one
of the leaders of the s0-caied Free Conservatives III
Parliament his views are understood 10 indicate the
course his party will aSo in future legislation. The
document is of interest to Americans, aud particu-
lary to American Protectionists, by reason of the
great weight which the writer accOrds to the doc
trines of Horny e. Carey. and tho warm and afec-
tion&te tribute which he pays to that authors scien-
tifc requirements
Herr Karlorf begins with tho theory of national
wealth, which ho defines with Carey and against the
Manchester school ~ resting the acquired mas
terry Of people over the gratuitors forces Of Nature
lie says
At time in which my Judgment In economical ques,
tons was 0rua as IL naturally H. when one mas heard
atI fnr yOrN. Of
th0rs. from Adam smith, Ricardo. and ~, 10 blstI dhd
otuir, pm ana i"f nj fb tp pmbthns wonId
have seemed easier 10 me an 10 answer ihc ihriEor
Quest, m what financial and commercial policy state
must alo In order o. secure its people, IN the greatest
measure, that control over tho grlintols forces OF
Nature on which national wealth rep0ses AZ that time
was Manchester ~ tho sincrfest type Inc te0.
es Of Ricardo, a,tig ami CODd1n seemed To he 10 con
tain ~ iniable rule for All cIoes that va, disill-
iisI 20 weigh contrary opinion Ilrt thesc tae,
r55 moi ong before practically adopted IN al CIVIL
In wor hold absolute Free Trade Ia be true in princl
pia without any qualification. ono can Hna9n' NY M
f.ence therefore. when at luis tinr heard te opinion
exuressci rcm J'nplished American iurlsi whom
had az the Baths. that The Mancht.e ne" ,faor tro
ries were tEe greatest nhiaonB ever inv ~
blunt <prcssnD OF tue American |tt1Duteh % pdty
feeling AM !. made very Tfle imp essou upon mo. lie
s.sided It 30 hoped GciIany Womb hoytt 've :" eN
prienee what 10 meant TO carry out lty t' lpIcb O
Free f.adr and asked II had ever res the writings %
Carey. recalled tils Conversation = niue ia'et
when received copy al Cdrcys system or sJrii oci
cn~e and BEGAN ~ trn over few leaves IN tc nrst
three thcL volumes without mastering any OF 'ho
contents.
Herr KIrIorr adds that no found indeed many
original Suggestions which went beyond Smith and
Ricardo; but in the press OF Parliamentary work he
found little time for further study. and returned the
work unmas.ared. lie goes on 20 explain how lit
tie later no was a,toundsd by having tlc inquiry
again put 70 him whether lac hal read Caray' This
led him back - tat anthoT. and be then stuffed him
more thoroughly. The result Of that study he has
condrns-d in IN pamphlet FROM which aIn quoting.
fl also contain, the sketch II what be cOnceiyes
ought 81 be- the economical policy of his country.
4 paragraph in recent Hirs Of THE Tribune
shows me that enc mcnc:1ry si,uaLiVI ~ Germany Is
attracting attention in America. This Is h ghh de-
sirlblc Tis-s AFRO not many points 81 e--ontial re-
snnblance hstwccn the troubles that now aniict "s
and those which Ycx The souls of people IA the Uniiod
states iuit there il value oven in contrast fod
suiTrr from 700 much, from too little circulating
Medium Your iuilat.olsts are trying Ia argue the
conntT, out Of the necessary iorttulo for the re-
sumption OF specie payments; orr Government -
pr.ctcin. an actual contraction bcf0r, Introducing
u uniform god standard throughout the Empire.
Ihc experiment On the ppaiar pa5.onco is therefore
nos unlike that raqared Of the Am ricln people. and
il Is interesting to soc how IL Is uado sud borne in
thu land of prudent finance.
~ tha existence Of quantities % petty bank notes
throughout Germany, o. as many dift,fsnt degrees
of prscaluii was almost unavoidable ia the times
of political disunion ald discord. their disp@ce-
ment by % uniform currency sud standard Of 'alhrs
was % logical re. nj: Of political unity The tXp"-
reuco eli England sId Franco was IN favor of con
tpire bar', issues to notes Of large denominations.
That principle being adopted, two things became
rsre-~rry-ths retirement of he SINAI, bank ro-es,
and the Issue OF a cuiTc pouGng supply ~ gold and
,il yer coin. 10 the course al time, however 10 APP
reared that in spite Of the gold raccf sd from Ie
French indemnify tho supply - The precious mota"
wa, NOT c,m,l 10 the extraordinary demand; and
to-day we alo at our wits end for small changr-in
fact. for currency Of any SORT Although the Bau'S
OF Prussia. which is now become tho Imperial Bank.
has been steadily raising tho rate Of discount, which
IN, Iri - high "a seyon per cent. it cannot satisfy
the public demands FOR money. In the mean time
the purchase of gold at LONDON and elsewhere for
reroiuing goes stcadiiy forward. and the mint IL
actively at work bat it will be many Weo,S not h.
saw months, before tho currency once more foacheN
u sound basis. AZ you already know the Govern
mont has fixed Oh Jan. J. 1876, for the simultaneous
Introduction of the gold standard. The complaints
from trading people in this crisis are loud and what
is more, they are well grounded.
In America 1t viii porhap, bo i'ippantly SAID that
the ,itnation was created by adespotic government
on which. tho sulforings Of the people mako no in'-
pre.sion No such thing. In the successive measures
which the Imperial Government has tahen to effect
this monetary reform, it has only been the faithful
servant Of the representatives of the people. The
adoption of the Imperial currency system, tho ere
alton of the Imperial Bank the inhibition OF shall
bank notes and tho establishment Of the gold stand
ard were acts of legislation by parliament elected
by universal suffrage. The German people are bear
ing with patience burdens which they themselves
created through the operation Of an Intelligence
which your denagogues would deny to the American
people. "