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E,rr Ta,nr THE REST FOR THE PRoDUCER or
Wool AM the M,NurACruRER OF WooLLENs.-|
Let us contrast the effects of the free trade anu oil
the high t;rf policy, upon wool and wooilehs.


Under tie latter policy, the farmer IN Vermont,
or Maine who is engaged in the production OF wool,
pays trbue the LOUISIANA planter III the price OF
his mOlas=ss and sugar tribute To various ihonopo-
lists in tn, price of the salt which he uses III his
family am feeds out TO his stock tribute to the
manufactures of cloths and cottons; tribute to the
owners OF he Pennsylvania iron mines and tribute
IN other irnumerable forms. Finding the markets
IN which lie buys, thus raised upon him. he calls
upon government to raise the market IN wnich ne
sells by an adequate duty upon foreign woOs- L ne
woollen manufacturer Is thus compelled To purchase
his raw material at double the price paid by TIE for
eipn Manufacturer. This is the first point at WHICH
he feels the blighting effect OF tie protective policy


lie then t.s II IN the wages he is obi ged to pay to
compensate the Increased expenses oil tnosc WHO Ia
Dor for hin and in the enhanced cost of his machl-
merry and of his buildings. Hampercd iettefSu @ S
,.x,d and ,,undercd all sides, he IN MS Turn uS'
m,nds nroectlon and here, IN It's very working


go, the whole system cxplodes. Nothing VIII
p1o,ec, him but a scale Of duties which no custom


house vigilance can enforce. The cheap fabrics o.


the fore gn manufacturer are brought INTO ,he OOu
try, through ten thousand surrepttlOuS chahHeis


he abandons his occupation IN despair; the nome


market thc only onc) for wool, IS oestroyeo anu


finally tne farmer, tempted into tue production


wool at great cost, finds It unsaIeaoIe on MS hauS
! In the meantime, the production OF WOOL has peer
: stimulated by temporary high prices. At the mrs
SYMPTOMS oi decline, the farmer refuses TO sell n


the dec ne progresses his disposition TO hold Oh IL
!. . a rise, only increases. At length, when all pros
pect of rise is at an cnd the accumulated clips q


several years thrown upon the market, OhIy


dcpress II still further We appeal to the history
: the last twenty years, # what Is here sketched
= the necessary effect of the high tarin system upu
!, wool and woollens, has not been actually and r.
= peatedly realized IN the experience OF the country
:, Under system OF moderate duties, the ~ho
y Picture IS reversed. The wool raiser. purchasing
y, markets cheapened thirty, forty and nifty per cent
- Can raise wool at price requiring but little prote
III tion In his turn, the wooilen manufacturer, On


lnp his raw material cheap. living cheap, and cree
:, mo hrs buildings and machinery cheap, and supPo'
- mo those who labor for hun cheap, Is able to NO
=. cheap. and prosper with reasonable and practc


ble ra,e of protection. The home market Tor VIC
- is kept steady, and the farmer receives prlc'
=. which. although moderate, are constant and rem
D. neratIng.
M The same principle which we have attempted


develove IN respect to wool and wooilens, might


nursued through all the various branches OF ndust
ties -.lugasil Age.


ei, Samuel Moore and Patrick Kelley be hun-