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Do Tariffs Aid The Manufacturer

Do Tariffs Aid The Manufacturer image
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OCR Text

Tho supporters of tho Protectiro jnrty claim tliat hig'a tariffá ncreaso the ïutuber of raanufactorics in this country and thus pive empl'-ymeiit to a largely Qcro&scd uuniber oflaborers. How far his is true can bo jud;ed of by tho followiog fa:ts, ehowing tho deereae of the exportation of Amorioau manufactures : ïhe exports of cotton gooda in 1SGO, ander a low tarifï, was five timos in amouQt the exports of ISG'J under a hij;h taiff. ïhe exports of woolen fabrius manufactured ia tbis oountry denreasud 8 xty per cint. )at year. Altogotber it !inountod to only $109,000 ; while in ii ruit BritaÏD, where tha raw materiala a-e ndtuittcd tree of duty, the exporls of Minilar articles nuiounted to 81-0,000, 000. Oar exportation of boo'.s and slioes, since 18C4, in cousequence of the increased codt of producing these artioles, eins' qucnt upon the tanff ou materials, ha decrensed twothirds. Europe pjinnot buy our commodities unloss slie cm pay in ccmnoditios. She will not buy them and pay common prices in coin, under tho influence of our venal protectivo polioy, vvlicn he can puruhaso tbem cbeapcr elsewbere and paj ia comrnudiüeB. AVc, in turn, c;iünot psy our foreign purchues in comraodities, beca use of tho exorbitant prices, and are, tberefore, compelled to pay iu coin. Tbis kurps gold ot wliat is callerl n premium and correspt;ndingly reduces thi price of the produot.s of tlio Americau farmer and producers. They aro tliua robbed in two ways - by tbo iucrease;! price Of tlio articles they consume and by, tho Ttdueed r-ric of thu articlea thpy


Old News
Michigan Argus