The New-York Tribune Newspaper, May 18, 1866, Page 3

1 ) y A 7 AL i T vy 1A 3410 pan NEW-YORK DAILY TRIBUNE, FKIDAY, MAY 18, 186. : bution | mannfactured commodities enhanead by the bigh price of Ia- Now- bor, it might farnish ground of eomplaint on the part of those large | who enjoy no bencfis, directly or wndirectly, from Ligh wages, The clamor sometimés heard for cheap goods from abroad ie virtually a clamor for low-priced labor—1t is & sor for phe European system of lahor instead of the American. It ia a | clumor for & change which cannot be made, for the people will urope. | mot submit o it, It is & clamer fos a change whick, if it could rers is | be made, wonid red; our working classes to the utmost Yalued | depths of distress before it coald be accomplished. Lis sum It shonld bo kept in wind that this foreign competition does 1, | not inflict damage by the quantity of commodities it furnishes, %, | bat by their price. All Earope could not spare us what we one | Tequire of articles whlchm&n made much cheaper than ' iand and the workers of the manufactories. This distri of woalth is moving westward, It hasalready trevel | York, New-Jersey, aud Pennsylva Oliio, and not a little in Indians, Liinos, et ot this westward progress of science, civilizatio and abandance. be disturbed aud obstructed by the watch efforts of merchants and capitalists, who wield for th benefit, the bones and muscies of the working-men of wn that shippers of goods to this country fake 1t may seem that the wealth of the Eastern manufact both for their | greater thap it is, from the large sum of the prodnet —sach is com: | for the market, but it mast not be forotiea, that fro: hat th val | is to be taken the cost of the wool, the cotton, iroi rk affects pr nd & vast number of other articles of raw L they have to purchase, togetber w ith b I | to compel the producers to emp) they can command to maintain their position i our OWn mar og their prices to the lowest rates consisient | progress { lahor, then foreign competition ri, purchaso fi teu tuns of iron. The purchasing power of 8 people whot have duly wingled wanafacturing induetry WithQ agricuitural production fs ten- | kete, ny red Tod that of & parely sgricultural community. Tzo individunie | with the prevailing cost of & eonntry with sieb blended industry pirchase from each | with our labor is the danger most w0 be dreaded by dom e ouly imit 1o the power of purchase is the power | industry, and most likely to prevent the regular receipt of t | of prodaction, The population of Great Brituin eud the | public e “| United States .-'::-ls;TuIvl:i :l«n mr‘ lh;m .n'-‘;:-’um,o.'yex“n’r» i lex.s‘; well o i J i Ao | o trade of the United States is of tenfold greater value | full advantage of their power over our wai Repart Upon the Relations of Foreign Trade | Internal Ceatire foreign trade, wcluding the U e s 2 a f Great Britain and Ireland, Our foreign trade with France | mercial sensitiveness in 1 o Domestic Industry and l:. et o ffteenth purt of the valuo of our domestie trade. | of ususual uantities of UNANSWERABLE ARGUMENTS N FAVOR OF PROTECTION. ted Kinguoms | own advantage asd for our inju i of u before they are offered for sale, and pr | The strength and wealth of & country ¢hould be measured by ces uot unfrequently | 4 Internal Revenue. Ly whl valuo of ita_ proucticun Wich It cansataee, | g1ve way aven upon repart of orders gone abrond o goeds, e A o Dl engaged i mauufuctures. | {hey can be furnisbed here, We make, us siready meationed, et — D by what it sends to otfer countries. No civilized na- | which cannot arrive for many weeks. This it is, among other Tt is very certain that the wholo clear profit of the mano- | tonths, lnd.lrllllmh.hed with one-tenth of ear con- = | s A tenth of ite consumption. | characte , which makes foreign competition so mu factarers would net pay two per cent upon the amount thus broad.” The trouble comes from a law of ny TEPHEN COLWELIL | Massi Y tr 0 the consa dreaded. 1t paralyzes domest: 1t is fitfal, variable, | invested in the United States during the last ffty years. We | prices which resuits in this, that the surplus ouly of the pro- : | 0f the United States more than all Europe; so aiso the Ci Aiscouraging, and some g. B e e S resiits of success, but tlie census of | duction of foreign nations is went here to be scld. Toreign OF TIE USITED SIATES REVEKUE COMMIBSICN. New York and New-Jersey. The trade between Fe | . Dependent as we are, as | 1d be fearful to contempiate. On the whole, t manufactorers heving frequently more goods than they can w-Jersey ew-York on one sile, and the N bowe_iudustry for full nie- ( domestic cousamption, | ‘done far more for their couutry than t sell in their own markets st fair prices, send thew 19 this STy | E J States ou the other, vaetly exceeds our trade with | and ae the prices -mn‘.lh home-made articles roust depond | done for n.u;,. ‘)lon clullflpmfll h-(-h lu-m; mg’e :fl,::l"“:.'zx “f'l“d ::llfi.l:.xhltgn:hl’nr:h’: xu'«-;fi;mlof';t:: et " Europe. upon the skill, vigor and scecess of home prodnction, it can- States by foreign manufacicrers than by our ) & s need, TaRAsURY DEPARTMENT, ?m odog ] UmT *Z,J": Tliustrations of ll this way be found in the statistion of ev- | 2 Seies ‘stibjeet domestic Jaborers h‘uctmpflmofl w0 | productive power ' tho country bas been murvel- | would break them ?mn. Tt is deemed better by these foreign REVEXUE COMMISSION, February, ite. ery eountry, and each of our States. Wherever dudustry s | destractive us that of our trade with Europe. witkoat due pre. | ously developed; but 8 ¥ery large proportion o the pertons i L e Wit i wer is J neaibl W Vi er 0! o sing power i | eautions, By no possible effort, by no possible extension of | who have been engaged in ¢ g N l‘_""‘.’n rri gt o b e moted, where the purc taxation can be borne with the least in- | that trade, couid the people of the United States be one-fourth | estate in their efforts after success, or have worn out their merchante whie D B eniled Industry. | 0 well supplied with ihe necessarics. comforts, and luxuries of | lives in establishing an industry which only became profiabio dreaded, Dot it in the commodities sent hither by Zoreigu ma- core of years | life, ax they are now by bome production. The judispensable | to their conntry ‘and those who succoeded them. 1f the history | ufucturers of -"t‘;-‘:;“-'bfl d _at the best price thut our 1 i ol oxpen- | national plicy is to nphold and cherish that industry, to which | of manufacturers were written with a view to exhibit their | anction max ets afford, which hreak down our markets and un 0 he ar’ of arrying and the mode ofadjosting it. 1teould | yirures the interest of our hea: v debt, and its final extinction. | we are eompelled to look for nearly ull that e (B wants of | misfortanes, It would or sbould remove every snspicion of ex- | reduce the price of goods here to snch an extent as to nfiet ot be expected that completo sucoese would be attained at | Our debt cannot be paid off in the time many sntieipate, | civilised life. o traordinary profits. Their profits are only large two or three | heavy losees, ll\ud l"r;;‘:n mr:f};"? a state of fuctuation enee i & matter of so much complication and such varied as | "1t i snicidal to break down or weaken the chief sources of | years in ten; for two to four years they are small, an dangerous 'filé‘::::" .:e“:.mh:ir:.e.fi?f:” ‘:I'u;;-’u‘ " ecauss thers will ineitably oscor oo asions when it e |1t v ! e amal, and they | dangerone Bt | increased. Our financial arrangeme Tust now be made on | production, for the sake of phrebasiog a muck less quantity of | sskiom escape ten years without years of heavy oes. oaE peetand bearing. In one respoct, bowever, the success has | & ayetem which, like the present, will not only furnieh the | Pheaper commodities R D sed. Vax oan. it be wisa.is o5 | Jodet Bl thy time 16 made up af years of snxery "ond care, | conamption of the country to the valusof 810,000,060 morthly, ted bos been large | amount required, but just as surely on 6 system which will not | pose our home production to the full effect of & competition, If we are to attain the hxggeqldrlu y of whic o people, | and foreign maunfacturers are se dmt{hl-her. though with carcer. | Weaken the produciog power of sational industry by an awk- | which keeps one-half our whole population in an almost hope- | we are gusceptible, we ‘must be one nation industrially as we | that i"ermkr"évv which oharactecizes foreign trade, 1o the ward distribution of the burden. A soldier's kuapsack, prop- | less struggle for profit if not for existence. 1t cannot be wise territorilly, ' 1f our economical policy had belonged | velue of about £10,000,000 yearly, the effect on prices will b € | erly placed, may be earried long aud cheerfully, or it may be | to permit the continuance of astraggle, tlo tendency of which | wholly to the States, as such, the nation could never Lave | such as to reduce tie rates of corresponding dowestic articles 10D, | %6 placed as o hafe him into misers, and be flung away a9 | is to reduce laborers in this country o the condition of those | developed it tot productive power. Ho now. if aa | in b amout eqial to the Whole valus of the imported com- whicb, while it sistaiss the power and eredit of the s to ke Vi oto e fung away so | | ) o ; e . Lot possible, :t the progres Fou ot | 4o imsafferable burden. Rach isthe present distribution of | in Europe, as to morals, remuneration, and intelligence. Bat Je we indulge territorial prejudices or class jealoos.es, W gl o ar possibie, obstruct the yrogress and succens of § 0y, i) NG nation ever bore such a burden placed as e I erosent vlew of the subject. It cannot | ¥ball chock. progress, and Vnccima a prey to the chewp Iavor | Iften millions worth of foreign goods are scld tmenty or 1« little o poseible prevent that iodue | oo even for a vear; nor ean our people bear it two years | be wise to expose the industry of the country to disturbances. | and cheap Ccapital o cent below the price of the domestic, the loss on the lntter will e fien, Huon McCULLOCH, Secrdtary ¢f the Treasurye | :rx:‘“;;n‘rrlawa dm'; £1n: The burden of Leavy taxation being new to | jury. And it is to prosperity, fou i 4 ‘ both | 1hat we look for ability to bear cheerfully for e people of the United States, they Lave much to Jearn, bo the taxes needful to discbarge our in been ample—the amount levied and collec euough to commence auspiciously our mew Luiancial 1t vemalns now to establish a system of taxation aud aro| Let onr people not fall to oug More | It is now beginming 1o grind ita way to the vitals of | which must serionsly {mpair its ability to endure permanent | remember Wy that capital and Jabor are cheap: the working- | be 20 per cent on over one hundred miilions, or say $29, 000,000 t pductive power of the nation, and the generous dieposi- | and requisite taxation, olasses are 80 inadequately paid that more, much more. than In view of such injuries, industry and bome trade are paral- i b yzed. Men cannot form any reasonably safe estimate of their h tion of the people is even now curdl hieh f the | of 000 yearly, whic beir labor goes to the ¢ u 1om of the people is n 0 1f the large sum of §200,000,000 year! y.--hhuhnmr::: mm;m;w;;(:zn;;:mgmgx:‘: 'Blrlmm“:'rcn p. .{d Year's business, - Enterprise is checkod, and much of its power o the ore thau mere bard work i peedfal to give 10 | i 'unoiher Year or two will become the 1ot of & paity tiit | must now be drawn, in addition to the amount yielded industry the power to endare taxation; itls seedtal not only | will carry everything before it, customs, from the people for the public treasury, be returned | more or less in otker manufacturing countries, t ry of | destroved. A loey in the case supposed of twenty il l: ‘Lue people of the Unite tee, with their knowledge ind | by public expenditure to tho channels of our own industry | industry is not to #dd to the comfort and welfare of the }n:l‘lfi(!:de:“z‘l‘:m:!: industry by the import of ten wil.lone o 4 o ien, redue v . h ducte evident that the process caonot | working.classen by promating a follexchangeof their prodacts | (3R ST R ine country has gatred by among the whole people. Employers there i tion of price and by the consnmers being thus supplic at price st which 1t can be obiained, uad 00 B | (oot lower thun wonld bave been paid to the domes that labor shoald be remunerated, brt that ite products should § 4 4 expericuee in public affairs, and their commend over their | from which it ie drawn, it be remuner People may work hiard and long, and Bave | yjjio men cavnot long endure a vicious gvstem of texation. | greatly damage or weaken productive power; but if those who er words, that | They will soon ng what s necessarily anroy- | receive this amount from the Government expend any large | the jttie to spare for taxes. 1t is needful, in i houl Iy be prod Teat Mte and abup- | dog and ¥ enient, and w mand a full and satisfactory | proportion for the prodnets of foreign industry, the amount so | foreign markets to obtain the Iargest retarn ible in money ey, ok abor shouk st oy be sroductveof grest et and b | iy, "5 ol b coonded a e, g rery oot il | Exptded wit b ahnallydrywn aad etained fom the capial | o e materle, o BASeA e, & R’ trds: i | ducer 11 bobottr an s gncral ol o ptnon orLen je the impatience of tax payers an dificulty of | of our own industry, and to that extent it must be dieabled. rivalry with all other countries, makes it Becessary to keep 1 at 8 loss, or without a profit, and thus be com- B can texes be peid for any pro- | making changes. No people pay faxes more wilingly, but So, §f that portion of the population engaged in professional | down the laborer and the price of labor, his only commodity, dustry productive and protitable, | Bone are more indignant at injustice, or are less toleraut of ua- | ife and in _pureuits other than thoee of yroductive indastzy, | o the lowest point. Thereare it laast a;mo.wukol Reople fn killul le tion, A ould re each yearly to make their con- il ihelibor o country tld bo asieyed, for those who | *IlEH ution. | expend any cousiderable proportion of their incomes upon the | Europe who would require Jearly tomake thelr con, | (Lot be 8 S o Them 10 . y of production adds so mwuch to the productive | products of foreign jauds. in that proportion they impair the | dition equal to bat of our working cl 3 4 Sepend upan thair labor or o livieg aod wte net smplered | power of 8 people, and by eansequence so much mors to el | s ot that home production to Whith they owe the income | the ) poicy of Earopenn coutiries waro so | tia when we aro wholly in thelr power, then such evests oy wust be a dead weight apon the community. 1f taxes do 5ot | Lureyolinctower, and, of course. to their ability to endure | thas expended, and derauge that ~domestic system ot incame, the wate! the indust hanged us o give that additional sum to those of their own | be regnrdod as beneficlal veme from not income, they moet witimately erush the industry | LTG0 Nxation, it is proper to consider wiiat olioy on | which alope can_make a Dation prosperous and powerful p Snm "of £1,500,000,000, 1n addition to what they now commaud, national legislation during its w) ncome traeted period. To make cople who need it, they would have s market for their pro- Conflicting opinions on _ this wiv};fu have troubled our o bistory; o I wpod which they are levied H " . i e | T <Rl k - " | the par: of the Government. will most promote diversitied in- | They violate tat which our most emient palitical economist Il'l::r*’;?‘ on b mn.-xfi::i.fm‘ l’:}u’:lr;i:nr;;fl ur. :1" ;’:J{n::‘ dustry, snd secure ite activity and ("‘h:mn ance, Many #ng- | has i.ppny called **The Harmony of lutereste, which sbould | and pearly, if not aitogether, equal to all ‘hhm am.:n':;.“lu. :: :a':.ln:';nvr‘;f.'::: or ot;(‘-dl:" t it jon, must be ed, aud W tio = i licy to cach ¢ indu rtance interests u- OWE 188 3 extions arise in repard to our uational policy touching characterize a national indus certaiuly of far greater impo 1o the Tuacry an efioctive as possibie, tbat home competition mey foy the full patronage of the whole people to secure the highest | §onirimente of Behisg 3 partments of our industry as are exposed to foreign compe- 1f our country is to attain that prosperity whicl is witkin | manity. ould ring down ther | bring prices 10 that range which spriogs from the price of tront | “Thero ebould bo o stroggle to bring down wages; wather | FROK B O SUUTitio, Decliar to our conntry, Another veen)t. In aby coutry, & well-ordered and saccessful industry | Hion' Those who are en . g T | tien. gazed in the game pnreuite bave of- | jts reack, and which will place and keep it in th O el 8 O e B e Bty hre sons mecos. | tou @xperieaced b e ot "ot competitian. a0d been | Tank of nations i Al respects, it must Dreserve its tmternal | let it be to preserve our market and our home abor | ! Y 30 SO SENE - Y BFS G4ch Deccs- | ggbide mld to s struggle )mwlmv-fm-l the _economy. | industry trom free competition with the cheap labor of other | from hln‘:mken down by a system which has mrn such | :‘v;l'nmlu-“?;l’"::fl‘;';u::::g.";gmfl;m“rh"ma ‘:L' TATCS they o ! 3 it 0! orkd n i o ' o, of % and perseverance they could = comman it | yarte o] the worid. Tt must 2ot W our polioy to briog down | deep root in Europe, Lut whieh shouid bave no ware toleration | OEF BRGSO ohelraly” plasible, and o s vy to o | trame. No member ean e removed or | Sirf asly i hout serione damage to the wh And e T beneds, oven thoogh individaale | a3 o | i aeions fou i erally with o g duale | orers o the rate of wages prevailing elsewbere, but to | here than serfdo. R e erad] Tn s Peompetition for the home market | mainiain them on Ligher T forhs aud iake verything ¢lse | The obvious poticy of our forelgn trade ehonld be not to ad- | wpects true. 1f the cheap labor countriee could stipulate to 98 ol halemond, s sasiet be STy MtINY, g oL ool mabafactarers o the privilege of our markets on | farnish us o ful supply fot tho whole popuation at Sl RSEL Yates, of good quality, ot increasiu their price sccording 0 growe out of the spec ‘: "'"’P‘“Wf" l‘" n}l n‘ great degree lmul'-r lmnun: corres m;:;'. Drhuuncel‘finm lmnulgjrhtwd-m ufl:;hh; B . ] iy X nos PeCi8! | ghservation, and note each other's progress and every arpect | cheap labor competition will so strengthen aud consolidate ¢ tter terms thanourown enjoy. This 18 a policy uncer whic e e Productive | of their seversl productions, ae weil as their daily condition. Droductive forces of the uation, aud soadd to tho Lational | every ciass of our people GOt presger i our taxes wonld | the magnitade of our demand, and take payment in i wgcl o Sheabiet the Teatne Tan-' | T3A7 huow wiet the mackes wil) boos, ‘and the ability of each | waalth, that our present taxation will seera light burden | prove afar lighter burden than the oppressive competition sgricultural products as are now consamed by onr manufac o Bropg g domis g S et ks - Jowar Toey wre not surprised by extraordic | compared with the determined rivalry of foreign manufae- | which Las been so loug endared with }urnrln cheap Inbor, | turers, and further, that the terms shouhl ot be B R A et o | Mrziaad s quantities of their special goods thrown wually tempted by the great profite which lie | Whatever may be pretended or amserted, there rror of | our disadvautage, such propositions might be wor i by g -“‘;"K} B | ypon the warket, aud they Work Vigorously o maintain their | between their cheap and our high-priced Iabor. fact or doctrine in this. It it as well known as auy other sideration, but certainly not of adoption. y Ticalturist, the TADR(OCLTTer. | Bace in'thelr own markete by mproving the quality avd re. | It should ever bave been our puliey to make a strict aml | European fuct that woges there have long baen foss 0k pait | The incidental advantages of mavufuctaring for enrseives d price of their goous. mestic petition within | means of b tarif between wages of | what they are here; it is as well known that the disparity now aro worth all the difference betweou the low prices abroad and due bounds is, therefore, 8 public advau but the ocoas e e want of iba sdjustment our | Js greater than ever, with our general rauge of jrices suill | the higher at howe. These incident el Sione are not rare where competition at home becomes a tem- | industry has suffered, by the fluctuations sud other incidents | pearing the same proportion to the price of labor. independence and self-respect. erowing intellect ! blish between them a rate of valuati parary 0o ";;""' 0’\1 ?vfl. o v‘rl-:n machinery, or ';um. or | of foreign trade, more loss than can be conceived by those ‘Admiseion to our markets s, therefore, the aim of all manu- nnmunfi ;;[:x[:él;l:;l:fln:;lfl(:n:lgn :‘-":uerxfl::v"w : b Betic steam is substitnted for manual labor, in cases where > ot h - ; 4 ul 0 cas ere d Who have not carefully examined the subject, with full means | fasturing people, to make their sales, but not, of course, to O ihan all thase, and shovs. them all, Jsghe | skill, art, and science, { = e coveries are made or inventions brought into use gIving ad- | of information. Great as Las been t Tess of the many our high-priced for their cheaper goods. 3 sal itrives to sectre due justice, so thei | Vuuioges to some Dot atiainable by others. This mav, and | faturing industry of the cogntry. and D e | s erianat gbtein a sapriy $qasi 0.8 valno of 92,000,000, | advantago of arcishiag ful empleymest fo the otite hody o prevails fo any country, Nothing in eivilized S, o g Wi 5 both_em naequent incrouse of national wealth and power, it is | 000 yearlr, which our home iadustry now furishes, from all | ::;L*::,z.};;i&":;':fl_fbl;"fir’:' i v Myt N d prevalls in any ooustty. Nothing 260 | Llovers and emplogés, and, so far a8 competition goow, tois is | believed. on much javesti that the ndividaals whe intain & system of mavafactaring able " ot " 3 T ebgushe men's attention mare. coamtantis, notbing I | om0 S EIOnS Bt e Cenougl fof the Iatter, | have reated this Yast structare bave never reaiired e ety ot T f I tain to it maximam of wealth which does not by ita national re and employ és ith each other their various prod e or other service. Daily interco d2 per cent | to furnish at least four fifibs of our wants. It is a conclusion Delley furnish aouroen of employment for ita whole population more earnes:ly observed, yet nothing is wore fiuctuating than | w)oca living d s Tof om tal PO o few things ar f o | & depends upon the regularity aud permanence of | on the whole of the Investments made in ite progrese, om which we cannot_escape, that §f we would obtain com- ricee, and few things are so little undesstood. Thousauds of | ghe;r husiness. | “What it would have been alwaye jolitic e oty b :r’mthu O afuntured at the cheapest rato Which they can be | n‘n.hmm-:a:l_ '“k“"“ ‘;‘.“;‘;""ml’“"’ °“"'n‘.'""|“ o8 pever 1 o » c o 3 0 the I necessity. Our | made bere. and of the best quality, must give our aupport | IR0 e il aa cultivating ita surface. It may be stated nfigences, seen and unseen, ore constantly besring urom | The competition with foreign prod bor ende; rie e competitiol th foreign products ai hovers is differ- | do has become indispensable now—a fivauc o g § e Bierout a0 Yeried | gnt i opiration. and reauits) Whatever bencits may be | {ariff must 5ow #ot only be adjosted to the diflerence between | to home indastry. Our m 'One of thie most infinential of these canses is the fact that 80 claimed for it are wholly overcome by its mischiefs. The | the cost of iabor abroad and at Lome, but aléo to the burden of | gress in their several arta e o Saatur see Doutidy (i S| S1900 Jibuegy WEpsey Totitss from each other is Always | ghe internal duties levied upon bome products. This i now a | ability to meet adequatel o6 Al Tbution has fallen into the B e s distimet slass, the | Characterized by great irregularity in quantities and vaiues, | pressing duty. Tbe complications and duplication of taxes | bave already far surjassed thelr for merchonts, who prchase and sell the produets o net class, the | as compared with the course of domeatic production and trade. | arising from the great number of ‘articles and occupations | most difficult departments; they can soon e ‘whose interest is 1o ahese & “e“r“ as they ¢ 'h ad o So great s this fluctuation, that people would often suffer for ' taxed bas not only nentralized the fureign or custom duties, | fairly sostatned. R et By ten, T o o . clothing, food, and othier Decessaries if the domestio trade was | hat in many cases produced & heavy diecrimiuation ia favor of | These remarks are not offered with the object of recom. | Makes its own furciture, provides for ite defense by oid Targely motifed by thetr operatl ad o able. Foreign trade is chicfly in surpluses. But | foreign lnbor. mending very bigh du TThe subject is not regarded from | Weintaining s suflicient military and naval power, develope its oy gergrafon. g s g BN as they | Qur home production has seldom been in gresser peril than | fbat potat of view. It is as well known as any other fact. | OND Slae and mfi["‘;‘]‘;‘::":fi‘:“;"“,“;‘{:’:,flf‘;fl g oF muistained. e w0ay be in | gt this moment. Foreign manufactarers and merchants, never | that the rate of wages is wore than docble as bixh bore as iu | o i I'-'"“,“'“:.:h ieans it affords empioyment to all e Ja: ring severely vpon some, | guriiu i ive o Jarpo | loug in diecoreriag say gap aflording them sosess 1o our high | Earope Y¢ is known that oor working elasses have moro | 8ud unles by Sosb SeERS LW L CFoN pbysical activities surp of merchants « 60 opportanity of eulargiug | power to exact bigh wages here than they bave there. Itis | of itasenple. - 1t requires & combination of snch advoriages to nfacture more broadly: no vation can maintal suitable self-respect, make due proxress aud sttain to that eecnmalation 4 to progress in the usefal arts, unless it pr | ita own food and eclotbing. buiile ita own Louses, w real indepon benefited b00n ¢culd be | ua'to their own or foreign warkeis, in which th | rieed merhets 2en darn by - g n ty of 1 a1 0 own or foreign markets, in which they way widely | their trade with the United & , offering more and ter | pot necessary to discuss the question as to the propriety o " 5 ;‘,‘fgf‘ Industry than regolar and fair | giffer or be greatly mistaken, together with those ‘everre. | bave evjoyed in ‘s’ soantey for many o F exercing that power. They are clearly ,.‘.l’.:,.."a.‘, e | develop the power aud resources of sael 8 torsitory oo by curring commercial convulsions which, for n time, prostrate | years. Our high prices, the result of many causes conneoted | theory of our political system. Acting upon {5at, they de. | ud such & people as occupy it. Our public policy bus Dot tmand and are receiving daily wages at theso high rates. All | © bed these requirements, The country has proepered under publie expenditure of less than 100,000, annually, all bor from many re. and the larg ¥ tewmptations to | labor. class of society with re- | potl N th trade and product The remunera: | trae so variable as 1o be uly the whole range of | yyirg of domestic industzy. g “J’»"",’"I Iabobers have | “fhe fuctuations of importe into our own country may be [:_r‘l?":("‘;: 3::«-‘"1‘:: b | seen by a glance at the followivg tables ' - POPULATION ae vsually estimated for cack Year, an . oal and other compeneat s T B T & fi Te is 1hus A proportion between prices runni each Censue, with the Imports of Each, and the Rate per head, 5 proportion bet prices running Amount per | warld, Despite long-coutinued efforts to discredit them, they to make international | with the war,such as dy par- | The most pumerons ard import ference to this subject is that of tion secured to them deter ces. especinlly in a conut much power 1o e other prices hero are Bow adjated 1o LN B com: | Tawed by duties opon imparts but ehough bas besa leerned country i now | pensation for lubor than is given elsewhere. luterest:d from past SEpwisomn — M-'"l failures, to yflrnm”v:- f o o O b “were © vonsumers a5d Bot pro- | Sonclusios that the people of Lile couiry SRRl pay 400« r o e arioes Tessone . were net | 008000 ot sstigasl taxes, 1a addition (o mete thes o O 00000 o commo: cotres- es, unless the whole resources of the need prices for commoditics cotres e A tabor, are Drought roper economical system, al these ded a8 a serious burden; bat, witbout combinations of vernment demal o importations with which threatened. Foreign merchants, mauufactorers sud b kuvow suliciently well t the bonds United States are | ducers, and a8 good A security ted by any govercment in the | wiling to pay the enbas ces for o d snding to the rate of Iabor, declared in favor of patroni ing o Do cren "iud opposed ) efforta of the Gov- | into full action, eugeroas to the more ste 2 3 s K M S £l F 5 ] ae stated by country, including the | through all the transactions of & comwunity governed ebiefly | don o - | Y eany Popuistion. Total Imports. Indiviccal. | are flowing steadily into the possession of foreign capitalists | the cheap labor of Earope, B o st i tn alats hoe smeotd abocne e e e | Areviond v iasd n large prosi at no distant day: & pond of | erament. lace gno working clawses st bome fa | La3ts will ot bere hGoma hes o s sssdsaad 4600, 950000 1513 | the United States in worih as much inirinsical seh daties on for. | Such & a7stem, they will become e o e arge scale Leve in our day grown into §40000 1730 | ment, as thet partion of Eneliah conecls whick will yield in would br s and domastio | 204 10 Femedios Injeriens (0 REEERR TS roned sy o - O, 500,000 1,70 D of gold, etgre: qual it on | ets, ~ oy . y L4 interest the same quantity of gold. | maufacturers to equality in onr markets. = Tt did so althongh oor main purpose is to reform asd improve it was maiuly a uestion of competitio il that our s em, it will ba of little be understood ¢ s import erior o agriculture; very different, | 130000 9490 | ryeonde g g 35 oo 3‘231".&"7"“ “effi?-l;ml:" r;n::-m‘ -u’”lr-'l"men'n. }’!!r' ‘ 64000 000 1110 the Continent are now | Tt is very plain, hower at if two manufacturers of o T 1 oy oo | 120,600.000 19.40 States for the proceeds of ail # | same apiicid are benid oiher, ol Moking 6 th which man cas he large operations involved in the modern ecosomy 185,500,000 ¥ tbiw country, as Jong 6a the bouds can be had 8t @ price which | market, ove of whom tain Jabor at less thao bal N o Kol " t i Ay the other. the ono employing the cheaper Iavor cau | If that Intinatry Js chedou R DuNyueh 09 SERIONIE e will vield » | the bonds cus or ¢ The reason our national bouds sell at such a laree discount | 1n Europe is, that as the foreign parckasers can oblain them at the low rate, they are not disposed to give more. Gold Lelng over-valued in ntry, having risen in price on aecont I demand for It to pay custom duties to the smount 0 weekly, they purchase our buuds. futrinsieally v us in gold at 40 per per cent interest, and much more readily when of manufacturing, make it in Wany aepects a matter of vast na- 2 be golab & rate, s Low, ylelding Bearly nise tional concern. 1t is so, not ouly on accoust of the multitudes of laborers it employs, and the wages it pave, but in its rela sdence. T ho greatest economy of wan chieved in large establishments, sud cheaper labor, or if kept in nuspeise by commercial figet tious, which tureaten o8 80 reduced a8 pot to be remune; tive, then the revenue must suffer jo proportion to the pres aure of the circumstances. s Tt ie just as necessary in any wise system of National Reve- nue to stimulate, sustain and inerease productive power, as it i# to lmpose taxes and distribute the burden with imparticiity It i Just a8 rtation, if the ardelip to the make o double proft and take all the busines ciear that it makes he difference of cheap labor is 8t 3,000 miles distance. o working-man and the employers is not less, to be crashied by in the same city. cheap Inbor thousands of miles away The evil to the conntry s very m h greater. The rigid 'l“:\lph‘ of ml-xu-lm’u Irldi i - | and skill things being taken (ato aecount, the working classes should, = by propes precastions and legislation, be placed in fair and | du"mfl .";:'I:"‘b'“ im) = “l‘h: ;:;:ml‘y loincrease ‘v'l: bey are placed. Tbe United States has now hecome, if not ihe the first mass- turing country in the world, at leset the second, for though, vot large exporters of o8 heco n‘!!o:xr high prices. wo & | gold st par oo, manufsctuzed goods, the people in proportion to their num- | 100 000,000 I cent premium, | 1f the merehant anufacturers who now | striot competition in each other's warkets. Even this prinei- | nts of industr) whicb | araodties el here | ple woald often operate harsbiy, and it would be the duty o | SPCAP 10 0T A iiree fourtha of 2.,:".»{..‘.‘.‘:{',‘«..,‘ ol ) Yerg are very much the largest consvmers of commodities aten 1o overwhelm us with foreig vigor and 146,547, 63% 7.05 1h 1 itizens trom fojary in canes | [EHECLD LTkt these Dranches be kept in fu alize on it & premium of 40 per ceut i ur cur- | auy government {o save its ow! . in) weltare of tie people, and ha tae people, and | ool operation, lest, if the home supply sb y d then take the bonds Or. if they sell theis | of emergency. 1u every country X - voming from large establishmente. Great manafsctories more then doub } diminisb, Le prodactive powe: | of & country, adding to manual labor the vast resuits of ma- | | 4 s e Shitery andof water and steam piwer, | o e Iy noods oo g workiog clasees, is 8 far Righer consideration | bries both at b abroad should be largely advazced. Our progress in manufacture, 1n regard to guantity and | Y508 8. the b ey Shies. fho Mint aopaidarnil The internal taxation has, 1o o large number of cases, par- | dhfli; despite of Sifculties, 1o far beyond any conception of | | i tham B3NS 5., tho agutvalems aé por 4 | At A Een, ,’,’f,':,‘,"_';,l;";_t{ ,‘,:L:,_;,l',",“i,’",f | tially or wholly neatraizg( thg discriminution Leretofore made those Who have not, with adequate knowledge, observed if. | | At present these cirenmatances offer the largest proflt exer | in natlonsh pulicy R sliits—the Mob iaevsh o B oy own \aboriag clasdse. i Our superiority in invention. iu the strle of execution. and in | made on the shipment of foreign goods to this country. Those | . 1t intarsat of gur pecgle (has Fags High price of gold s failiug LOW fo exercise ite past iu- Ahe varieties of onr applications of machinery, csnpot be Ce. interested in this wovewent can bow realize high prices for e ‘;',";.;_,_" '"M“’l h;v;‘“ |8 n the repression of overimportation. lwperts are | sed. British manufactures, English bardware especially, | their goods, seriously injure our manufacturing industry, | - “l‘e‘l‘m‘_“. (g ."LK | already immense, and all indications, as well cconnts, lead Bave been almost expelled from our markets by superior arti- | weaken their rivals, and obtain our national bonds at & Leavy waded rrc | m;,”",f s ory of diat %, | to the belief that they are to be large beyond all precedent. eles of bowe production. Every year adde to the list of do- dlsconnt, Tbese great advantages thus offered to forefgn cap- | B0t be done howerer, it O CerSel, iy of distre | oo 'gold duty 18 beginning to be no barsier, (o7 the goods are | mestic manutactares, and proves our ability in & very short 000,000 italists are as fully to our detriment as to their benetit, They | 8% W' “’f‘"i* b rompencs by 5:‘“ 3 4% | (10 't & great advange for currency, aud our goll-heariug | tiwe, in favorable circumstances, to sapply all 0or home wants, by | imperil vur productive power, our trous. It touc Mase dum o r!o’ T st g‘m Jes | bonds become vlmull{lht medium of remittasce. Thus, & wot ouly of the plainest, but the most elaborately artistic cow- IMPORTS #ince 1854.5, with the Rate of Increase or Decrease from | jn T«_ our whole financial system. They workman—the living an: "Im v » H 3 % | door is openied by which commodities mn; be Youx'd in upon tios. v | Year to Yeer., | Strengih: they continuously damage our domestic industry by | can the eountry eadure 1t WERRt P8 L injury to ite produc | us in quantities suftieient to reduce prices far below the rate at “The eareer of great as well as small wanufacturing is one | g Increase, Decrense | wubstituting the produets of their own; by depriving our la- | HYe PONEE In the long mmtl-dww m‘:n :ur :.m: DR PO whielr our laborers can afford to produce them. This will which eminently suits the capacity and genius of our peoole : — Dorers of cmployment while obtainiog in_ our markets the | icJ 0 this subject exposed our HadReTE, UL AN BO0E sppened | Jiouish tie Interaal Revenue to ab amouut very far besond their sucoess thus far, ander manifold ol jes, proves this. | 20 per cent.... | means of employing their own, beside realizing large pro that the indux of ¢ -‘:v 'u »' fl;‘wu o o vs‘gc_un n---' the increase of duties upon IMPOrtation. 1t suits our conatry, 100, for every manufactory with its | Mperoent.... for the enterprising individnals who engage 1o the bush | for 'Mfihml-"l"! oy ';" oll:;":ul-;- i mount of | ) s only necessary that the duties upon imports should be merous operatives makes an additional market for our bousd- | @percent. | That there in good ground for these apprebension busdreds o ‘millons o 8 yoar, L mast bo perieely ST | o pogatatod anto preveat our ports of entzy fro Leing dovded less agricultural domain. The first problem of oar labor is & 3.9 s %0 gor oat “—— | by the freely-expressed In Europe, entertataed as fully | 1o those who are well aciustbiatl Bt o e %0 yoars, | With goods not imported by our own merchanis wito market for our sgricaltural products. Foreign countries will % percent.... — it country, that the quantiy of guods to reach our shares | riable commersial wd indusirial policy for thelaxt 0 gorrs | W Gy owledge of the wants of the countrs, bt eom- take our cotton. nad, when they need if, our wheat, hot our ™ apercent. | from. Earope ‘this year in to b grester than ever knows. | {hat oar revenae, suiere SO0 S Lol rgo hereator the | modities sent hither by forelgn manafucturers and speculators, manufactaring population will take their whole supply of all | 150 auselney L —— CL4Tpercenii | Inteiligeuce by every arrival from absosd coutrme this antich | TUCIR, o mistaken course. ~ The qestion should not | With the double purposs of realizing a profit upou our finanetal A N \ orrl il e pason: LA AR ot duty sball be imposed on thisor that | Jesition and of overwhelming our domestic indistry=thit 4 Hidustry which suffers even when threatened, —Which we can portanee duties and what regulations will & , d 2. | commodity, bat what dut Kul ave ) ¢ bation of the nbove table should | ipg immediate and special legislation and public action. We | 90r working classes l"‘m“:;::::,‘;‘:{“",",n,:‘zn:'gp | }"’,,,.;’.:‘},w payiEpuis, WadkThey fo ey FTERRRYA KN prices, for the outlay is 80 large that the iosses become Neary | satisiy every candid mind that auch fluctuatious in the values | Aro how commercially avd fnancially i an exceptional avd W*g;‘;’m"""_ u‘u‘._"{_w early for each person. the im. | Tho experience we had in this country of the bad working eekly, or even daily, if prices are not remunerative. Our | aud quantities of goods imported, murt, to & most jujurious | Kot Rormal ituation. ~ The specalation n gold, which has e Seme T vy el bo 810 for each | of 0ur appraisewent system, s organized under existing laws T O O actusions fue. wof heon attained bat as av I | degres, afleot the 'whole business of ths country. They en- | coat the country nearly, if not witagether, s thousand millions vortation below Bome cout of gusriity 1Rl o Bl 0N Saof | and us carried out in our Cistom Hous O I e meve tte sicceases, bt the failures and losses, | gender s speculative spirit, an evil, the extent of which can | of our money, we {ailed to nip in the bud. Let ot this new perton might, by ita effect In reducing prices, latiet b lose 01 | 4 0 000 of the European methods of # §f fairly summed up, would abow & verr small pet gain, Irdi | ueverbe measured nor suffic . tradie w0 | movement af eur expense be allowed (o gain like atrength, and | Willioas avd prevent She preciuion & AAH antity. Bowerer | Tich abnses can be practioed there | | When it is considered that the prices of goods in this | Ib the midat of a war without precedent In its country are chiefly governed by the markets of our principal | avd maguitude, we were in an exceptional positi Two things are essentisl to the sucoess of manufacturing in thiscountry. First, a ready market, for the dally expendicure | $850 great that rapid sales are necesary; and, seconc, fair | ports of importation, the ex; oor Custom-Houses and detrand our public Treasury. widun's, I‘l"llh\< and mmlmn:rl‘hlvo |§:d. hrren pr;nflu. but as | variable cannot but impart naln“n I:: X ‘;mn nh&lmelnhllcw | do{u‘llifl'in)uyy. s dwel a b for i prreon - whole ere is reason to believe ti t the manufscturers of | our whole internal commerce. Th jone dewands a) equate [bis subject is thas dwelt n , and might with advantage | Sacl $his country have never realised Two per cent on their invest- | remedy, as most inimical to the productive power of labor. ! be more distinetly set forth, because it bears with special sig- eh’l‘h--uw‘fhm‘?lgxfldxmr‘:’mmm :Ef:?&)'fif'fl" e _"r-':“' S B e y8 rul tains 22 epecifica to 131 ad valorem duties. Delgium, which e yariation in quantity and prices of commodities impart | nificance upou the future ability of the country to pay taxes, g gumers; our pe is one of the richest countries of Europe in proportion to its meLin. LB e consideration in favar of the fullest manufac- | to freigh tr@e maky Characteristios of gGLIE, Tho tegu: | % maintain public credi, and of course uyou e {zcrease of ; 3 ‘mos by forsien t e cemeat = Hieh ke i Tmportaee 1o our sgricu. | Iar merchant. very ohen finds bimself surrounied by dven- | ational weats and yows been conseque prised one of 30 riebest o0t At A e evious” Lopuriments of Nassfetoee inthe world, " Their determination to | FORAG0, (o ure hout Dlended for their mutual advance tu Sural interests, should never be overlooked in our estimates of | turers and lators whom he scarcely knows how to regard; Tt is the policy of European Governments to keep wi She power of our peopie to bear taxation. It is the simple fact | they tay be saugglers, they may be tlmmnng speculators, or | low, that they mey manufactare for the murkets of the world, all themselves of thess ady: .t:p-. hown by pnl:-unn e e oalfce i her tariff to 66 ad valorem duties: e T e o oo iy of al foreign countrios our | {hey mey be agents of forelgn merchants or manufacturers. | Eugland bolds willion of ber peaple in pauperism, coustitu: effotts togell gaede hers, o evado our faoal rogulntions, end | BNLCCI SN ad valorem daties and 47k swciics, T e whole supply of what we wear, and a like supply of iron, steel, | to manever goods cousigned to thom tbrough our Cusiom- | tiug a reservoir of cheap Iaborers from which she may recruit W'“‘“‘l‘" “"‘m“,‘" o goots, pi- b st 4 «opper, lead, tin, and other metals, for the simple reason that | Houses. the ranks of Iahor a8 they become thianed by overwork, fll | 7€ hot 00 y large cou i sharisrared e ported | of oar legisiators and statesmen. 1t is @ specisl schedule by Shey could Bot bé trausported to our shores. aud if they could, | Our foreign trade, bowever, ita advantages or disadvan feeding and bad lodging. Four millions more are in e position | f0F Our oWh "'.'{‘:':m Tape oy leh lineus cowing from France are charged ith u specific We nave no means of paying for thep. Foreign nations alto: | tages part, it now undergoing a change which will certaiuly 10 be thrown on the parish. on the Kinduess of their country. | $bese we are stu aty, until tho quuntity of 4,000,000 poands welgnt has been from us what will pay for gRe tenth of the | make it a worse foe to our home industry that it has ever been. | men, or on the charity of distant tations, upon ocoasions of jmported; when the amonnt fmported exceeds that quantity, Thin change bas its 07igin in tae ad valorem features of our re- | bad Larvests, or of commercial revulsion. Would it be politie ot exceed 6,000,000 pounds weight, the digy is in- cent tariffs. or bumane to reduce our laboring population to that conditiont creaned apward of 50 per eent; and when the quantity oxceeds Our shipping bas so diminished that goods come to us | Would it be economically wiset Would it add to our national 6,000,000 pounds weight. sl imported withiu the year is charged in foreign vessels. and, of course, the suipping, freight, &c.. | strengtht Can any man who understands the true interest of double the rate of the tirst 4,000,000, The flax wanofactures all yuder foreign muusgement and control when lauded | the gountry wish it Aauolm?lyblnltnl- nzmoll-dmy with our own. They oas vo more mu m}n oll and water, The producing olasses Lere have risen already so far in the =t + The following table exhivits the proportion of our consuumption of imported goods per capita for 10 years: omsumption Wi In few soars, when the Southern p-r&fi ere. , this consamption must reach, with the increase iu | Thetrade Las for many years, thercfore, been taking a shape :{mhm'xpdmm" States, l;;'no{n:l; ot l:fll balf ae | which bas now (rol;n‘t‘-‘: m‘x benai Tm ac10- e e e oloas. G 0 X « more. ° our u of 688 2 les from 0ps. AL e workmen are ur WAre- of in ey oan! 3 O he cheapest markeis of Earope of of the world, would take e Sork. Goods intended fer the weral Dack. Our policy 18 not to legislate our people dowss; it 8 b b 17—l ey~ i all the goid iu the coustry. all our cotton, and all the conmodi- iced at the factory cos! ratber to guard our markets, and prevent access to them, bat 1853 . largely diminishod, and the evil of on such ler? #e oannof injure our working people, uor lessea our productive powers, European manufacturers oan at all times furnish a limited nantity ouod‘ ut less than half the amount of our prices. they could furnish one-fourth of our consumption i those Fra rates, it would uot be good poliey to take them, beesuse it m‘m ties usualls exported, and leave us in debt for half the amonnt. ‘would compe! tbe Wwho!s wanuacturing population to eogage re; it would put wheat to ity cents per buabel and every other prodact ln grifon ; it would reduce monthly wages again to teu or Bifteen dollars, snd virtually piace the competition with cheap labor inc The mischiefs of thus barboring a class of men whoss it 1s to debauch or 1wisload our officers, to rob us of revenue and injure our do- mestic industry, is so apparent that they slonld long since have found & remedy. These forelgn ugents cosperats con- é! -3 ‘whole zlmry in ln:' condition of an avpagage of the manu T 2 ! o X count:ies of Europs. antly for the evasion of our revenue laws. They inade- | would be fur less difficult to for what would suj gur eu. B it sibpiion of vz a0 oporaton s tog preposer | guate e, ey rudgt v wijary serige TR Bar vars | Hios coneamption faraisbed st Gome by our labor, Ll UL O | gother like two @hs evon to be Usod as e illastration. It is not only preposter- | little rent, their ¥ mpathies are all of the other side, aud their | foarth imported from abroad. Tt is easier to purchase eight Could exel wus, it is ble. Sach an tmportation is not only impos- | business is to nullify laws pertainiog to our commerce and our | hundred or eves & thousand millions of home productions thau Average of 10 years ¢ . to iport ten per cent of our | indts Tuere is 90 redeeming henefit to reconcile us to in her industrin p-.‘~y‘(- pursniog the nafs I, e bunder and fusl rufa of tope for threa bundred millions worth brought from Earepa | Dol e, ‘al"l“"“ o o Tt i & great temptation to men In professional life, men liv- Wz'm "Y‘f":.' pomits B4 e ettive out thet compotiden whioh ing upon anuuities and salaries, to supply their wa sldes. an y boroedirroggt ooy ! v, hlt sdvanage 1o Vg | TN Tt A WL 0 bl e I T e - N elves b the English marke Thers il abor snd o s ios B o uion. Woih ke | menwho sadarviond sho Tecpeetire teronts 13 stake” 16 was'f ko fores e peie ol Feached rates 3o ow rtces, 1s the one to which they beloug, and it should not | B0} hastily or uuskillfully done. B o | thection of Aus and 4 . e, ato confuaion for the Genoflt of a few. The agri. | _This Ereat ":;"‘}":-l"l’."'l".".':l'"“‘ B g gl rodng o B LT | oultural, manafacturing and mechanical classes must be kept 1 e i 1} i g g ey A oot gl s R up. if we keep pace with tho cisiliaation of our day, but more | e ational trade ever given to the el o eapecinlly if we aspire to lead. If our consumption of food and """h"' Lo s el s talilles el tible 10 ot ing wnd other necessaries pf1ife s maintaiued wt the pres. | 104CHe8 LACERS S0 U o Yy v B i et o L oA e ors and 'oonvevlesce, four fiths st lesst | TPoative tarifls but to stuly togetior ¥ h pect 51 and labet, Tutarests may be promoted by @ mutual trace, in which noth- s arious to their varions industries should bo concede and everything lwod which could be a mutual hsn;m.b. shwh & commercial {reaty, to which our country might be & e g R o Party, 'ihe firat step o our part would be to save our laboring | O o the aptness of the neople for jmprove. | Slsses and their wages, and so of OLLCE GL8T8sLs WhiGh MigHt earies, highor comforts aud | * ondangered. ga o | and without any material foss to themselv looking to tue skill The fact that, 8« a mannfacturing people, we esnnot compets #a, orchard, pasture, " | upon our iadustry which disturbe the whole fabrie of our iu- with the cheap labor of Earope and Asia, is often mentioned | ruproachiully, as i in disparagewent of our activity, our cana- ficy which wa t Bieeauniry. The owners of slaves, haviug cou- it power in cheap siave labor. pusked the prodaction and almost fabulous quant] ‘he cheapness of foreiqn | their presence aud operations. If they realize fortunes Lere, ur ows sbulities to supply | thelr money, iostsad of going to iucrease capital or aid enter: » only offered at Yow | prise here. is carried to Europe to swell the volnme of capieal is exaployed in overwhelming our rising iadustry, in the world is sflioted with suct & multitude te n goods derations, and otLers equally at boue for ninet n commodities and the agenta o | 58 a4 are above _ k. gives this foreign mports 10 the amonnt of ten ! . and of cou and in ber case it is bee 1t 00nsists of raw materils of her mann + factares whicl valuo and reéxported Tho cousutmplion of thass articies of necessity and com Great Britain, it shouid e 10tad, is far below what it United States. s twenty times re The becessity of making our owa goods may be exoi + markers, and the oldera of zoods clew Dy sapposing that two constry marchants offer their sever duoe their prices or tue.r sales must stcp. stocks of goods in A ricl agrouitural distriet iutie Wost Yo annuisctu heo they j ) Sursishing the only two souroes of supply for the ueighbor. | chisap labor, sburdant p capital. and the ‘The ove takfug oo’y wnsh ar tion chey hold in Now-York, assail our whole n to A a ‘We arecompeiied by 10 resort to of our consimtion No country excep! G per cent of its corsu wxcess 0707 160 in r y, whieh wigh at invest ally in the J it altogetler. 1tis well known 00ds mey be 80 #old nt. policy ae t1ue with the owners They seut the cotton s io unparalieled quautition the worid at auch low sates 84 Lo check if mot who are inter tiat & few m wiict s loss on corro: Wievoghs stop thelr production { die East Lndion. T do th at raten wh o antactnrivg indus | i6to the most valuabe kinds of zoods yieided io Ade- comfart o wl ¢ those who labored in Bott clivies were virtually slaves to the pro- uaaticy of goods would have brought the | the movey; but it wouid got hate 80 exteasively smbr- u the wanulactarer of cotion i tie rest of the word Taus British po'icy is consistant with |--=lrn$“wnl the past Amer- H S H i 5 g . 3 is suocess will 43 0l oar eredit systomw. " Europe oau send us, We ean then obtain to the 1 facturiag or (sad others isto it, tb. forelgn gools without precauiions net only re- | whatever in needed, even though we lava nething 10 export | eity, or our euterpr.se Such reproach exkibits & want of con- many find & more resdy a0l profitanle market tor the varied but chacks the movement of domestic commogi- | that is wented abrosd. Oor wannfacturers Lave already | sideration. 'All manufscturing oations have eertain branches commodities which his mode o 4oing busisess brings 1o bis waage of the makers, | furatshed ampl evidence to warrant our confiding iu them, Feamstances. they exeel: bat in . o double the extesi, rtay will respond, ‘of those productions whioh are most all b raore able to (mport thiay we are | necessars to civilized lite. no nation exeely ours. and. in fact, | n the substitntion of machiners all | ican cotion policy in other departments afite industey, 0y ties, to the apecial inconreaisnce and who oaanot prasper without rogular sales proportionad to the | I we tax their capacd and whea they do, ands. Whea the farzer can sxchasgs the antire product progress of ons s Sand at rates correspoad 13 0 the gensral price of labor, he | The unstead v for the last Balf con | at present. very faw come nesr it. ! itly and bis farm will be wortt, fony | A of foreign t:ade, T has often baen ailagad that ony manufncturers are mak othors ars far belind as, aud our progiess in thie respect is Great Britah 1d working her mines of iron, o L T s b LoXiTomO YATIALLOAS | nndu gains, at the expense of other ciasees of society. b far more rapil than is to seen eisewhere. It i no re. | mineracod vuh-mw--dm- ‘L“ no bt faity of ’"‘fl"ffi"ml.mv in the priee of good belief can onty ba entertained by thoss who have not had suf- | proach, nor dues it furnish & wemblance of reproach, that we :'b' ':hg: mgm- .-l-fl__” Koo ._;; gl e parpossa trom $100 to per acre, | the progress of domeatic ind Hio.an! 0pPOTINDILies Of observing the exaci progrees of MADU- | cancot work as cheaply nor ‘manafucture a8 cheaply ax is done | Lot ierdion Kue lwhotens B IET, 0T of These Mors. Woare auch advautage is wapt. | merchauls avd wanufacturers al facturing indastry, among the people who Lave carried it on. | in most otler countries, It iy o Teprosoh 0 s that we pay | Suemt el toeeh outof Ml o auch Fates, m.,.,. Ing farms are in our eountsy, saidom worth forty dollars per | tuis, taken in the aggragate, as would for ¢ Tast halt century | Lowell and Lawrence, and mauy other manufacturing towns, | for s day's Iabor from two to fonr times as muoh as is paid in | be sent in fmmense quantities to iy ) ets at | ‘and losses of the Revelion. Man weil | exhibit striking evidences of wealih, Rut divide that wealth | Europe. 1t 13 Go credit to other nations that they pay bat one. | “ulluw ‘euough to undersell the producte of other mines. Great uring that | among all who are engaged in it, and it wili be fonnd to viold ¥ foarth or one-third as much for a day's labor as is paid hers ritain has sold fn the Usited ‘millfans of tuns of irou st hall labor 1 oh have broaght iu justice to the labor that produced it, nity, pay, in any product of | versad in the prodnotire power of the count:y | for fifey thousasd tune of o imported from Grest | time been often led to ay thal it would be A g Britein; but be: oupitalisid au (srmors cas teed a: {abor of the country to pay the W nu'ul revense i pha N o | auffering the continual amvauits of panper g g vuns of irae althe valueof thirty | | Ehat suoh losses Bave s la. by this poticy, rapid y cxlmisbing har mives witho tr saviug w | owum for each one interosted, not much if any larger than The simple and_intelligible fact that it is ‘which eon- 4, 2 5 | ‘would result from such & division ataong an oqual Bumber of | stilutes frum oag-fourth tu three-fourtis of ia ccat ol much e polley, o asios. . seibug con Western farmers. ‘The people of New.England know that | the largest portion of the commodities produced in every | "-‘::.l;(:‘l:“u_:‘ = e e e -‘u,n“';{mw there l-um,lh and success, in combining their labor and | country, is oae tuat atiould fuall solve the whole question of | -Mf'-tn-ll ._c‘.( latmicg 8 fair proft upan thoussnde 5 for tiat wages ‘el.“ COUBLTY | yarling and ailowing tha faborec soma fle wivatiage n tho bies are ¢ 0ot more L) wmillions of dilars, aud tis same policy extended to her olusi | mestic industry, isdue to the inventive powar their mon T urposes. The capital invested in these | cowpatition, It 1s not desirabl resources makes het wunial yrulu‘:t oorth 300,000,000, The | and to the introduotion of mashinery in iace of hand labo reat establishm B vanec it fot "l.m of more than | should he rednced to the Earopean standard. Three fourths | Nejsier the nation uor the iabociag miners 7 the pro- Droceeds of her ngricnitsts soid aok be exchanged sbroad for | Bui the disadvantegeis vet so grest that it should be a con- | haifa ceutury of iudustry. They have that as their | of our are directly or aud they | .. O the coutrary, Gzeal Biitgin is wastiog ber wealtl, in miines ‘one-balf of what the iron brisgs. stant object of national aifention and anxiety to those who are | wealth grows b ‘manufacturing, their rea! estato keeps pace | are paid for their productiens or their labor two to four times | at » rate which will be. ted ‘mot very remote posterity, In other words, Fenas'yvania, without of her ows | shaping the financial poliey of the Government. It Is no mis- | by tho market is afforded to their (armers. a4 much as working people reoeive abroad. Is it impolitic to thie s met -3,. whing ..m-.—""""' aur ovs to which she can exciange in Britaiu for fifvy | fortuue nor discredii (o our eountry that we oannot mannfac- | A although the people of Massachusetta Laye to bring pl":ul wagos, of is it a misfortane t Neilber one nor i caisl unstet S O wall edotod e s Tr oan macaiiciar e man Dat Ohe | 00 MR o i o | aoing e o il b Emproved i we | St L e taion may 140 e, oup ey oot Buglgh i e s Ly — ¢ e us | Are or more wi to census on s ntever w for the L eonverted -~ fiectly | simiiar work abroad. ~ la'paid for | eording to he centus of ML wors o8 A wealh, | waces :’mr remiy Bignerthan [, more populone coun will eeri$ ,.{:';.E‘.fi".:‘,,.".‘,r,i o ride. o 10 iy wnder mona or o Ureat Britaln, our working population wi'l come to the inte 1ron and other manufactures, becomes directly “The | If nine tenths of the commod dand | gt be (e products of koige ind wtoeratieal governents, h dvantaees (o Counterant the cost of | lave! power bas been developed, |t eiwssd fhy opuers vl M L Byl goualy ofer s consnmed in (he eonutry | wherever the whole produc tion } will e found ta ba divided fo o inomwectly i g chwsing power in the b e ock of a4 ge ing power in the home mwarket ol wheat exgorted to Koy aud o7 > A1, and i e comn Telgian tariff presents a feature well deaorvioy tus attention | of Belglam are one of the most fmportant of ite indus uj 1s earefal ternal Government bas taken thie m b . vr.lou from being overwhelmed with ¥reoeh 0 the injury of their working classe - dule of proposed changes of duties and provisions in b0 Tariff accompanies this report, which is com ed 1o 1o consideration of the Secretary of the Treasury and of Con- iress, as indicating, in some degree, what the peculiar condi- tion of the isdustry, foreign trade, reveane and financial pesi- tion of the conntry seems to d. The indications, however, are very strong, {hat some prompt action of Congress may be required Yor the relief of the coun- try before avy revision of the Tariff can be efiected. The great temptation to send goods to this country, and the wovement in that direction aiready commenced, bus atiracted nd given us fall notice of the da-ger; if this continge, it may bocome not ouly expedient but necessary to interpose special temporars Jegisia check commercial movements which, however bencfiol those who deyised and are them out, canuct but briug disaster upon our working classes, and heavy loss upon our Reyeoue. Respeetfully unmm‘; {:); Ahe Comr The Purchase of Califernia by a: . Compan To the Editor of The N. Y. Tribune. Sir: A correspondent who proclaims Limself an adberent of the cause of Maximilian, and who says Le bas juxt arrived here from Lower California, moarns In ycur paper of W elnesday, tothe extent of half a colump, that a territory, awmounting in extent to more than all New-England, should e " alienated from our next-door neighbor” (Maximilian) for the paltry sum of amillion of dollars, He alleges tLis to be oue of the most extraordinary proceedings ou record, snd by way of knocking the whole affair in the head, declares the sale to be upauthorized, and the grant, of course, to be illegal. He assumes this on the ground that the Juarist party are not @ de facto government, and, therefore, cannot convey & yald title, to any of the Mexican domain. In conneetion with the assertion of this view, your correspondest saye he hus been in- formed that merely the insignificant sum of #1500, in eash, wan paid upon the consummation of this purchase, and theuce he generously infers that the Juarist agents who coneented to ihebargain citber have little confidonce in the success of $ho Republican cause or have been mwade parties i interest to the pgm.u scheme. ‘e farther ascertain the political complexion of your corre. spondent by the fact that he spenks with respect and even adm- ration of Dr. Gwin, otherwise ex-Senator, and at the same time embodies in his letter, the following evidence of Lis regurd for interest of the United States. 3 Fut no_one who understends the szsrestive apir't of Amerlcane to the southw ard, can doubt that the occupancy of Lower Celifornia uuder this grant of land wou'd be only preiiuiioery to ite becoming Aneriean in +pirit aud in fact, and eventually, iike Texas, ending imbite Deiag wrested [rom the nation to which it rightfully belougs.”” ‘The apirit shown by this extract, excuses me {rom the neees- #ity of exposing the motive which actuates thie imperial adve- cate, and therefore I will confine myseif simply to refuting the errors of fact whick fill his communication, and whi un- {oflnlu:ly puts forth over the icappropriate signature of TIn the first place, the grant of Lower California, with ite bar- bors, wines, and fisheries, which was recently acyaired by the uded to, was made by the Republican Government of rly as the 30th March, 1864, before the advent of oxico, aud when Jusrcs Was the sovereigu de factos, w8 well aa sovereign de jure, of the whole Kepublic, of the motives which dictated tke application for this , that the establisbment of an Img'vnlnl Ameriean interest in Mexico, auder the Republican title, would eperate a8 & valuable initiative of a question (without embarressing the United States during its period of treuble) which our Government at some period. not far distant, wouid be required to initiate for itself. The Juarez Go the other hand, was induced to favor the spplicat cause colonizing features, in additios to filling up an die region with @ valuable, wealtb-producing popnlation, would praci- cally interest the American people in the support of the Re- publican title. Under the pressure of these proper aud cu sistent motives, on both sides, the crant was ibesclore wede, awd in exchange for it, With its guasi governmental po: its special privileges, its immediate citizenship to the and freedom from wilitary service, the grante.s were bon, jutroduce a certain number of fumilies, within a givew time, to pay down a stipulated sam in goid, as an carnest of thew intentions, and as a fee for their **order of possoasivi. 1t so happoned, bowever, that soon after this giint wae made, the pretended empire of Maximilion war e up, War between the usarper and the Republican Government ensned | uud the coast of the Peninsula, beiog at all tumes wt the meroy of | French mon-of-war, the original grautees, most of whum be longed toSan Francisco, did not thick it advisable to come 0/ wad with their money, to ask for the “Order of possession,” Tie domestio troubles of the United States minzling with these dufti culties, moat of the original partics retired from the enter- rise, and finally, the eniire interest in the graot war scquired | by the present Compary. This Company, early Avr.? beligviog that there seou would be no further | ©les to their carrying out the conditions of tte ded to pay the earnest money, ud to Lave the wrant eon- “ d upon them, through their trostecs. lu accordence with this resolution, they paid ever, on the ith day of the present | montb. to His Excellency M. Romero, tk 1 Minis | of the only Government in Mexico whic! | times the amount fa cash, of 1! ! fll#m\ was all the actual eas] i, ith this correetion of the erroneous statoments of yo correspondent, Truth,” I bave ouly to add that 16e grant b been carefally examived by the Hon. R. J. Waiker and tie Hov, Caleb Cushing, both of whota osouneed it regn- larly made, full 1 its_powers, and altogether valid. It (4 farther been held by the last of thess distingnished lawyerw, by all precedents of public law, tities granted by siver- de facto and de jure, a8 was tie case With the Ke ubie xico on the 30th of March, 1254, are held to be good by ucceeding sovereign, even when Lostile to 1he granting po! The conclusion. therefore, was, that an A werican i1 - terest, thus lawfully acquired, -would be tastinctively p { by the United States Gorerument in the shape,of 8 * cond) | tion precedent,” to the recognition in Mexico of any o | ereignty whatever. It was under such advice as 1iis tle Cowpany pnt out their woney and assuied their obligatiovr, and 1 very much doubt whetl enrrenpo; Troth lega! opinion will be regarded as of decisive Weight ageinet 110 above high opinions, or whether bis pain at t | of the Peninsula being alien: 10m * our Bext- bor” Maximilian, through the tion of au Amweriean ol pany, will be shared by the ple. AXERICUS. —— | | THE THIRTY-FIFT T. MURDER CANE. Jo b tal of C: er om the Charge of Murder is Remonded Answer a Charge of ary. At the opening of the Court yesterday mornng | Assistant-District Attorney B. C. Hutchings moved ep the ense of William Coulier, who was indicted for the murdes of | Philip Kraemer, a private watehma, on the 14th of Fobruary | last, in Thirty-ifth-st.,, while ongaged in the perpetration of » | burglary. | illiam T. Kintzing, jr. aasd Willlam V. Simpeon, eppeared as counsel for the prisoner. Counsel for the prieoncr | selected @ jury, very soou after which, Mr. Hutchings opens the case for the People, and called several witnesses L n.w port of the charge. | © Adice Binmingham testified that the prisoner came hewe to bis house on the 15th of February, haviug iu_his possession & | Lele of silk, which he said he had stolen; be said they bad killed the private watclman in v-fifth-st.; that they bad tricd to entice him away, but be would not go, and lhev‘llltd id that the prisoner buroed up & largn portion of (he silk and the rest he sai he Lad sold 1o & wan bauied Courts, who keeps an English ate house in Thirty-ints. Upon ihe crossexamination of this witness by Mr. Kintzing it appeared that the frisones Lad been living upen ard terms with bis mother-in-law, and duriug her examinu- | tion she said she “* would hang bt 1ad she otherwise cabib- ited mueh feeling agatnst the piisouer. D. Smith, ofiicer of the Twentieth Precinct. testified: 1 ar- Tested tbe prisoner Gpoi & charge preferred against bim by bie mother in-law; in bis possession a card of Courte, in | “Ihirty-nintb-st., upon whose premises Ifound about 8400 €} | liquor; the sifk I found at Courts’s was idendified as bavirg been stolen some time before from another stlk store. | Peter Sabosker testified: Iam a couductoron the Tenth-gve. railroad; on the meraing of the 15th of February, at 820 o'clock, four men got into my car at Thirty-ifth-st. srd b-ave., one block from whers the burglary was commit- tel; they esch had a bundle of silk under their arms; 1 identify the prisoner as being one of the foar men: I noticed him par- | ticularly, as he bad a bandkerchief i bic haud wiping bis face; the men got ont at Coartlandt-st.; I saw Coulterat the Statiou- Tiouse upon his arrest, aud beiieve i to be ove of the men. Uross-vxnmined—I never saw Coulter hefore that vight: when I saw bim at the Station-House. be mistaken as to bis identity, but he vers an I saw in the car; I thonght It stragge to see s man a bundle at that hour of the moraiag. | 7 Dr. Weoster Beach testified—Tle deceassd had upon bis head & wound which produced concossion of the brain; it might bave been done with juamy™ or & bar of iron; the | other parts of the body were healihy. | The counsel were about to | when Justice Ingraham aid he had dou 1 would be safe to convict, and direoted the Jury to sequit the prisoner, which they promptly did, whereapon the piweoner - Was remanded to answer a cbarge of burglary. The then surrounded 1y Lis (rieads, who cougratuaied Liw on cquittal of the charge of the murder of tue private wateh- | man Mere Counterfeit Cases. ! The ca<e of the United States agt. Ira alins Georgo | Gladwis, aas Augusius L. Daggott. came 5p before United States Commissioner Osborn yesterday. The prisover wes | charged with having in his posssssion eounterfeit 25 cent svd S-cent currency. with inteat to pass Marshal Marray tes | ilfiegl that he arrested the accased at Harry Hirs, in Fast | Houston-st., and on searching him found 165 pieces of connter- | it otufl; about & wook ago witness bad had a conversalion | ‘with bia about dies und swedgos, when the prisouer said bo bad them in bis posseasion; be said Le kaew the parties en. nd conld ive vahin- L in making the conten T emaron ‘o i Neweowbe. weombe testisied that he Lad conv erped BN with the prisoner in the Sherman House last Wednesday; be said he knew the manntactarers of countecfelt money, and continued: *Charley, I oan turn you up sowe big thinge; some men you have 50 idea of—merchants—are mkin hq.:“nu:m ul:‘tmoundln ng it ll{l ull‘m'u [ el ties: be could get wi the moaey Le want :’n day be conversed with him i yuious Diaces; e told we of various who were engaged 1o the business: be smd he bad been in it & m‘mne, but thix way the drst the be hed bean canght. Hurey Hill testified that be was deputized by Marshal ray to detaiu the o if he saw Lin; Lo enw 1 nnd saw the ahat search fim exd . im oknge from him. The ¢1ss was then affouraed to y at 104 m. e — The Careon Memicide—The Verdiet. In the case of The People azt. Hewry Otto Clans, the jury yesterday moraiog, At 10:30, came in, but stafed thag they had been unable to sgres, and i did not seem possitle that they could agree: they stood nearly the same-op the lsst vote as on the first. The Court eaarged them that it would nhhflnhuwuuwn“‘,:: the de me, for those who ware in {avor S e e e 'fiu nm' ‘ner'l‘l:l ot teed t thois room, u.-l. after an ahwanee of sbou’ o hoar | Jiet of gailty of wanelvughter inthe ¢ | Ceterren nenienee Ll Friduy moriis. 5