New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-12-13

manner indefinitely We have tried the protective sys
tenn as fully as is possible we nave tasted 1s ~ se
change have no doubt, for my own part that I'D
ersl system of revenue laws. especially oom
make an Instantaneous and most fortunate change
in the condition Of the country Hundreds o, fT
would be released from the taxation when nov puts
life would be at once communicated to the srts
both useful and ornamental The old bandcIaIt "
the world fol, speed and economy of MANAGE age
meut would 4. be revived. The very DAY that
s Sa change IN our Pre- anniP
the gloom OF the times dispeilef as suddenly US "a
able under these circumstances to hold back people
from punging into enterprises which they now snIhA
has arrived and we are determined that 1t shall have
fair field. Free trade has slept while It's enemies nave
been performing their unhappy experiments upon
see It rise. inYigorated BY It's long slgmee en-
our part, and blessing will rest upon It, have been
long soldier in this war, ard have never grown weary
of IL. may not the day of triumph, hut many OF
you will. The torch which have borne for more than
fifty years shall pass 70 abler doubtless put not more
faithful hands, assured that It will yet shed Its rays on
glorious victory.
EDWARD ATKINsoS's RESPONSE.
The fourth regular toast was, Commercial Freedom,
or the Unfettered Intercourse Of Nations" EDWARD
Atkinson In responding spoke, in part as follows, after
expressing his pleasure at his kind reception at tue
meeting:
The nation was now struggling against evils within
which 10 strug ged against from without me Two
great questions OF che hour were evils OF Dad money
and bad taxation. This nation might coon hope Of Tree
dom IRON the first, and ere long nom the second me
advocates OF protection admitted that 1fee uaue
something desired but claimed 1t was imprac
tcablc and artificial Free traders believed G natural
Differences now between the two parties were only
regarding time and method Tie question now arose,
could tie free traders unite with proteetlOnl9ts IN
compromise that would not demand sacrihce OF
principle. He Thought they could The prOteeuOnsts
longer based their legislation and claims upon ule
principles OF protection, but upon principles OF geuera
utility. No one now demanded Gu principle more imam
IA moderate taxation for the expenses OF Government,
and lie thought that very the statesmen might take
the place OF economists The nation was stronger tnan
it's leaders, and order would soon come out Of chaOs
The admirable advantages of England should be con
act with moderation and caution, they could soon obtain
their end, practically at least.
OTHER ADDRESSES.
Henry Armitt Brown, who also was expected 70 re-
spond this toast, not present. and the chairman
called upon Brlnton Cox OF Philadelphia to take his
place. He alluded in brief remarks 10 the progress
which the principles of Adam Smith were making IN
Philadelphia and Pennsylvania, that Middle Age castle
OF Protection. -
To the toast, International Freedom" Prot. W. G.
Sumner OF Yale College spOse OF the position ana the
future Of political economy. He did not consider lts
present position satisfactory III any great measure
and cited number of reasons for his assertion. :.
President Anderson OF RO hester University replied
briefly the last toast "The- Science OF Political
Economy"