A,ckay'S Bll.

Tr,iF nf.a
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By this act too, the duty on wool is rendered
nugatory bv the fact that wooden goods are ad-
united at 10 20 per cent, while wooen yarns
ere a, 25 per cent.


Notwithstanding OF, neighbor is highly indig-
nant that Southern interests arc not protected,
as he says, BY the present Tariff, We find Eim in
violation of all his professions, advocating bill
which takes the duty off cotton and admits 1t
free, and reduces the duty on sugar IA per cent :,


1t will be seen that the farming interests are
protected almost TO prohibition, and that our
neighbours assertion is not warranted by The re-
cord Z; however. it may be regarded as excussb bic
on account OF his incoasideraie zeal for his tret
Trade theories.


The farmer IL not only directly protected by
the act OF 40. but he has deep luIcrcst in the
maintenance aud prosperity OF our manufacturers.
The value of agricultural produce required annu-
ally for the sustenance OF the population cirecly
and indirectly engaged IN manufactures, is over
Sl50,0U0 ,0C0-ien Tunes more than the annual
export of these products aoroad, and one-haIl
more than the enure sxprts of the country. Ii
is con,ended by the Free Traders, that the more
we import the more we Will sell abroad. The
fallacy OF this theory is fully e1empiihed sy the
fact, that under the reduced duties of The Com
promise Act from 1884 10 1889, The excess OF I'M
ports was over SlSl 100000, while the exports
OF those agricultural products fell from II 10
S9000.000 annually. Ii protection is den!ed-
tina, protection incidentally afforded upder the
act of 42-lhe population who are now con-
sumers of Si50000,000 annually, must become
producers themselves. The consequence would
be the inevitable pros;ration OF the whole farming
interest of the country.


Massachusetts alone consumes, OF the products
of other States, forty.two millions pc. year
moro than one half our entire e1ports-exciuding
domestic manufactures. She consumes snnu.
ally more flour from other States than is exported
to I'll foreign countries, h New.England in
lS42 more than 100000 barrels OF flour was con.
sumed in making siareh and Si-irg, being moro
than was exported to England durlag thc same
time


The South participates largely in the benefits
of this system. Under It's influence has been
fostered the production Of ber grest staples, cot
ton and sugar. The Home Market is the saliva
ton OF her planters. Every man, familiar with
the business of our city, knows that the Northern
manufacturer pays higher prices for his cotton
than any other purchaser. When he enters the
market the English buyer stops and when hs