{"newspaper_name": "The daily union.", "edition": "01", "page": "p1", "byline": ""}
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have not made the average, but it exhibits a de-
cline in the prices of the necessary articles of agr


cultural utility, of over thirty per cent in three
years. Now, sir, figures can't lie, it is sad,. and if
they do do not, have proved incontestaby what
have ndertaken-namely, to show that the eff
feet of the tariff of lS42 has been to reduce prices


But am not yet done with these calculations; they
subserve an admirable purpose by way of illus
tration. | shall use them little further, and next
remark by the way, that mine all relate to iron,
being subject with which | am some little ac-
quainted, as it much concerns my people and the
State at large. IL has been argued that the duty
is always added to the price Of the protected fabric;
and this is the great ground of complaint against
the tarIfi-the vice of the system. Let US try it
on few articles of iron-ware. | have quoted the
price of in 1876 at SO and $40 SO per dozen,
say $40 is the prce the duty on the dozen at this
price under existing laws is 80; now deduct this
from $40, the selling prIce, and if il has been
added profit; deduct 50, the duty, and the price
Of manufacturing would be but 81 per dozen n
fraction 6fty-oight cents per axe. Why, sir,
the iron and steel and coal, with the interest on


Investment at six per cent, and would come to more
than this without cent for lanor! Certainly the
duty is not included in this item. Take scylhes
at 80 per dozen; the duty is 81 10; this taken out
would reduce the manufacture of dozen scythos
to So 30. Does anybody believe the duty forms
any part of this prices Sckles, price 50 per DOZEN


duty ninety cents; price Of manufacture of dozen
'IChles " ~ IL pfoDdOle tnat the duty forms
any part of this price, and that the dozen OF sckles
are really produced for 50 l0i Take nasi the
duty is three cents per pound the selling price is
four cents. Has the duty been added TO this ar


tcle as a bonus to the manufacturer WHY, il
30, the price Of the manufacture must be one cent
per pound! Ii would be absurd to suppose this
possible because the iron itself costs about nine
ten,hs of the price of the nail Did the duty 90


10 swell the profits Of the manufacturer on this
artolet Sir, say with reverence, IL you will
not believe evidence like this going refute the Oft


repeated argument that the duty is added 10 the
cost OF manufacture as bonus to the manulac-
turer, you would not believe, although ono
arose from the dead" | do not mean to contend
for this result as an absolutism, if may use the
term II Is the effect Of an easily distinguished cause


70 witt COMPETITION. Now, sir, don't disturb this
compeutionj II is great enough here amongst our
own people. Il is reducing prices as fast AZ any
reasonable being ought to desire Keep out foreign
| compettion--the composition Of the pauper labor
Of Europe. The gentleman from Alabama fMr


PhTNEl the other day denied the propriety OF this
remark, made Ly some gentleman on this aoor, and