Says The Ypsilanti Sentinel
SAYS THE YPSILANTI SENTINEL.
"How to pay mortgages: Put wool and everything else the farm produces on the free list, close up the manufactories," exclaims the Tribune.
"Well now wool on the free list would not have the slightest tendency to close up the manufacturies. On the contrary it would be decidedly in their favor, by giving them a wider market to buy their raw staple. Consequently they could compete with foreigners to better advantage, and employ more hands to eat wheat, corn, potatoes and pork, with which foreign producers cannot compete without a tariff except in times of scarcity and high prices. Of all interests farming is the one injured most by protection, and that has the least to fear from free trade. The reason is he has so little of his own that can be protected by tariff, while there are so many things on which he must pay more than his share of the protection. Protection shaves him on every side. What he pays on the salt that he feeds his cattle, perhaps nearly equals what he gets on his wool. He pays on the nails that he puts in his fences, the boards that he puts in his buildings, the cloth that he puts on himself and family, the knives, forks, spoons and dishes he puts on his table. Just think, sixty per cent duty on crockery? If his table set cost him ten dollars, six of that was tax. Supposing he sold three hundred pounds of wool, and the price was enhanced by his protection two cents a pound, that would just pay the extra price of his table set, leaving all that he pays on the iron and steel in his reapers, plows, harrows, cultivators, wagons; on his lumber, his fertilizers, and the interest on the building of roads for transporting his produce, with taxed metal, &c, without end; leaving all this, we say to be met by his protection on wheat, which he is selling at, 82 per bushel at best. Hallelujah for the farmers' protection! Now we are not a free trader, nor are we preaching free trade doctrine. We are just trying to show farmers the folly of being frightened at having the free trade bugbear shook in their faces. They may defy even free trade to hurt them, much more such small reductions as are likely to be made in the war tariff.
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Old News
Ann Arbor Argus