The Delaware ledger. (Newark, Del.) 1879-19??, 1884-03-22

protected countries Of France, Germany,
Switzerland, Austria, Russia and the
United States? Thirty-threc years ago
England had no equal in commerce upon
the seas, before the system OF Free Trade
proved detriment to the nation. But
how now account her lost position see
the vast differences in the amount oil bull
lion in the Bank of France from 1874 to
1860. In 1869 it was forty seven millions
more than in 1914, and sixteen millions
more than in 1853. The bullion in the
bank of England in 1869 was seventeen
millions, two millions more than in 1874; |
three millions less than 1858. This is
only one example to show the favorable
contrast of other countries with England:
She is dependent upon foreign market
for tho sale of her manufactures. No
one can measure the untold tons of raw
material in our own country, that not
only supply our prosperous factories,
but to great extent supplies England
and the other countries. England is dc
flcent in raw materials, and draws large |
| ly from other countries. Foreign trade
is essential to the life Of England. She
must sell enough of her manufactured
products in other countries to purchase
her food, hence she strives TO induce the
whole world to open their ports free, so
that she might undersell them to the
ruin Of the weaker nations Do protec-
tive duties protect? The purpose ana
effect of protection is to secure home
market for the citizens, to foster the
varied industries, and thus give employ
ment to the industrious, the poor and the
weak. The amount of steel in 1867 in
the United States was 1850 to ms at $40;
in 1882 it was 1, AGO, 900 tons, at 1850 pei
ton; and in Nov. 1888 it was s $500 per
ton. Lord Henry Brougham appealed to
the manufacturers of Engla nd to flood
the American market; to lose by the first
years transactions in order to entirely
suppress their home industries. The cap
italists were quick to act, and in 1916
began period of suffering and depres-
sion beyond all experience. Workshops
were closed and factories hushed. To
remove the great distress Congress gave
the people the Protective Tariff of 1924.
The effect was magical. Prosperity was
the only watchword. So it is wherever
the banner of protection floats. Every
county increases in strength just as soon
as the producing power is increased. By
l domestic production the wealth is in
creased more capital employed, greater
employment TO the laborers; and by man
: ufacturing the goods, which before yor
u had depended upon other countries, yor
Q employ the capital and labor on your owl
IS country. With protection we develop
IS and maintain our domestic production
y As protection benefits one, it must bene
10 fit the other to the same degree.
+ Mr.. Alex. Polk closed for the negative
g Taxation is subject which should inter
y est every one. There are two kinds {
u taxes-direct and indirect. By the latte
u, method the Government imposes a dut
lie upon commodities that are imported
at which raises the commodities above the
W normal value in proportion TO the rate
IN the tax or duty. France, in order to pr
10 tect the home manufacture of sugar, la
a duty on that article. The effect of til
hs was to diminish the importations as cor
pared with the quantities before brougl
he in from the West Indies and southel
he parts of the United States. The price
I'VE sugar went up, and it rose just in propo
rat ton to the amount of duty impose
les Whereas, if labor and capital had
led vested in vineyards, for which France h;
be- such good natural facilities, and the
ur- foreign countries had been allowed
be furnish sugar at the low rate at wifi
m they could furnish it, how much better
Ter would have been for the whole countr
me And so it is. The high wages which pI
per lection insures to laborers, is a subje
lde which proteotionists seem to delight
mt. dilate upon. When an industry is pl
yht tected (other things being equal, a hig
all er rate of wages TO the laborers in I'll
the particular business may be insured. B
lie ? are you going to tax the whole peol
CO. that very small portion may receive
ur- little higher wages Since nearly all t
six necessaries of life are taxed, this rate
ng. wages will be heavily drain upon, if 1
tiff, altogether consumed, in paying for Il
no extra cost put upon articles in the way
lee duty. These are the principles Of Fl
II trade against protection. The high tai
of We have in the United States depr'
of trade. Protectiopists address themsel'
re- to manufacturers who are the most p
The tected, while they say nothing to
,rer farmer, except that he may feel the bel
ing fits of protection in an indirect way.
the more than a thousand ways is free ira
9 is a benefit of this country.
'rer The foregoing is but the briefest o.
ex- line of the very excellent views express,
cd Each speaker was heartily applaud'
de- We trust it may be our pleasure to SC
sed again hear an equally interesting a
the instructive question discussed.
IL. 90
,rd Mrs. S. A. Roach will have on ha
,o,t this evening, at her saloon {
,os supply of ice cream Mrs. Roach NAL
ate good cream, and we would advise all
hat 90 and test its qualities. 1t can't be be
but THE PEOPLES COLUMN.
led. ,r,.,
tal brief and eoached IL respectable languSse
en-
INV That School House.
ave To THE EDIToRs:-In your last iss