New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-03-31

has taken place during tho last four months o. n
year aud therefore going at the rate Of 90
situation. While theexpors have thus decreased the i'm
ports have increased I'm the last I'VE months OF the yea
num- II the same proportion should continue during tn,
Year 1882 SO far so. tho co nSarn
sS January Change wiz amount to over
in our international balsncesheet The balance In ou
sum sum of $s5S7iS7is, would thus Sc totally eItin
dict but the shipments Of gold have already begun the
stock exchanges OF the country are deeply nstnrpeu
and values have seriously fallen mercantile nlrcs are
increasing, and confidence is impaired 80 that matt mas
already been called upon enterprises OF speeuaiso
character, while Others, based upon sound principles
are compelled to move with reai caution Ihe stna.
ton, If not alarming, Is very serious II tners II mot
duets they be consumed ut home or perish In Store
houses and granaries. 49,.
recess 10 the open markets OF the world for our manu-
featured products essential TO the continuance OF our
production OF manufactured articles which could ind IN
outlet in the open markets Of the world which we coud
peded by charges upon raw materials could at least
II longer able to draw into our Golfers the aceuna
fructled-we could nj least find Occupation 1Or our
working population. and gradually establish our In
dustres upon broad basis that the failure or super
abundance Of single harvest would not affect the gen
eral stability. ,.,,...o .,o
force Of the calamity which will result from being cut on
from the abHndant markets which we have had for our
IN considering the situation relieved from all the
necessity of deciding the yexed question Of free trade or
Rsye grown np under tie EXISTING tariff which has
lasted for twenty of such vast aud complicated
nature, and employing such large proportion OF our
population, that any interference which would tend to
dislocate this industry, that would be likely to impair It's
efficiency and not advance the substantial elements OF
prosperity growth and increase would not only be an
act of folly but would produce results disastrous TO
might undertake il would be sustained by the popular
approval but would DO consigned to oblivion at least for
in which the reforms may be undertaken, and the OBJ
structons to the DEVELOPMENT ana growth OF our indus
try interpOsed by the tariff be removed not only
without injury to any existing interest but To Its posi-
tive benefit
GOOD EFFECT OF REDUCING TAXATION.
TIE existing tariff was enacted a measure, In
tended to raise at cost 1t succeeded In It's
purpose To-day it produces $l50,0O0,O00 annually
more than is needed for the National expenditure To
that extent it imposes burden upon the
productive energies OF the people. 1t Is tax upon
consumption and Is substantially per capita TAX ana
ing Glasses II this surplus tax not collected there
would be Just much left in the pockets OF those
who pay it. stated in simplest FORM It Is an unneces,
sary tax OF $50 per head upon each iniabtant OF the
country Assuming that each workman supports I'VE
renoved G would either ,,a have ws $l5 more re
crease the general volume business and the demand
take SO less wages which would cheaper the cost 81
new products and enable new markets 70 be secured
then, il Is the immediate fty OF Congress 10
remove this excessive tax in ode thai either the rem
neraiOn labor may be enhanced or the market FOR 1t
enlarged, the time when ii is threatened win re-
strted markets abroad for its products ana restricted
employ ment at home Nor can tins duty be postponed
Inevitably fall upon the working classes, when ue de-
inand for labor is narrowed by any cause Whatever
materials OF industry and waste products as proper sub
ecs transferred 10 the free list rms change VIII
al the extension OF many branches OF Dusi
ness aud the es ablishmeDt of many new avenues or
labor No injury viii be done to any existing interest
YI,..a IN
sufficient to COMPENSATE for the difference Of the rae OF
wages prevailing in this country and Ia the countries
from which these products Imported Many Of these
raw mater ais needed Tor mixing VILE our o" mate
rails and indeed many branches OF industry cannot DO
pound OF foreign material thus imported VIII enable
IN at ~, h l H. Uarat for th"se materials and
the for the employment OF labor VIII he ereay ana
materials viii then enable to make pOndlng
reduction in tie duties imposed on the manufactured
products OF which they a component part. This
dction Of duty ON the manufactured product will lead
TO lower prices, which Ia their turn Will produce larger
whereby the area of employment viii
Will be placed the manufactures OF cotton, WOOL irOn
Of the tariff upon this bass shall be able produce
the testimony of the most Intelligent manufaei @ en-
suit will be beneficial and not Injurious
ON PROTECTIVE DUTIES.
The argument for protective duties Is based entirely
upon the difference which exists between the compensa
ton labor paid in this country and in the countries
with which compete. lhs difference III wages docs
exist and there are branches oindusry which cannot be
carried OF without equivalent compensation in the
form of protective duties OF bounty from The public
treasury They exist The result OF revenue system
which II the growth OF hundred years ana do not
think that there is anywhere the WISH II there De any
where the power, 10 strike these Industries down
acknowledge, therefore, and ASSERT that at TINS late
day it ID not possible nor polite to reorale our gem
cral business upon any other basis than that which
FERENCE which exists in he rate wages, because
the purchasing power OF our wages were no greater
then those when paid by our competitor we make
very great gain when exchange products produced at
high Of wages with nations where lower rate OF
day ana purchase the products Oi foreign labor equally
efficient at % cents per day We get tine fruits OF two
moi to cut of aud restrict foreign trade but to give the
largest expansion which possible without reducing the
As long, tHCn, the higher rate Of wages may be
III this country and as long a. We desire TO
rate makes It impossible for US to compete ON even
that in these branches there rate duty established
which will compensate for the difference Of the cost OF
what il the actual difference in the Of wages and,
secondly. how tie duty shall be applied III eacn case III
order to compensate Tor tls d ference.
shall moi nave tine 10 20 INFO details as 10 the differ
now 70 say that as between Great Britain and the
United states the of Is the about
per cent higher mere tnan there IL Is true that's skilled
dor is mach highly paid in the United states than
in Great Breat Britain, wnie the difference in
labor not great as have stated but the tendency
of moaeIn industry Introduce machinery by which
the amount skilled labor employee steadily reduced
TINS stnhingly illustrated in the manufacture Of
Bes5ener where although the profits have been
upon "a scale OF Unprecedented magnitude, the wages
paid labor in Pcnnsy Tl II per head
precisely the same as the wages PAID Tor the same
class OF labor rou-wOrks, while the wages for skilled
labor III the Bcsscner tcewOrs very much less than
wages paid for skilled LABOR III IRON WORKS. Delg
~ 40 per day IN the former and 80 % per day in tine
latter
INDUSTRIES DEFENDING on PROTECTION.
The branches OF business which dependent upon
the tariff are chiefly the manufactures of cotton WOOL
flax iron and steel, pottery aud silk. They employ
large number OF operatives although by no means
large a ratio Of the population is generally supposed,
probably not exceeding 72 per cent. If the works
gagged IN these manufactures stopped, the persons
eInplOved would doubtless be absorbed in other
branches Of business without affecting materially The
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