For the Holly Springs Gazet
L II f 7 AR | + F..

NUMBER III.
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Mr. EDIToR We hear 1t said by those
opposed to a tariff. that in It's operation the
producer is injured, especially of the South,
from the diminished demand, and consequent
reduction of the price of her great staple,
cotton. The South is deeply interested, and
should investigate this measure of public pol
icy with view to settle the question, wheth-
er the same, in its practical results does so
operate2 If satisfied from such invesliga-
ton OF the truth of the assertion. so far
from giving to the tariff our sanction
and support, we should be united as one
man n efforts to banish the measure from
our system of policy. AS this is but cor-
tinuation of the writer's examination of this
subject. commenced IN the 3sth number OF
your valuable paper; and as the reflections
here submitted are based upon the facts and
reasoning contained in the communication
referred to- shall be under the necessity of
repeating in part the contents OF the same.
1t will be remembered that it is there stated
that sthe true rule by which to be guided in
the imposition Of duties will be found to be
precisely the difference between what the
particular article taxed can be manufactured
abroad and sold for IN our market, and the
price for which the same article can be man.


ufactured and sold in the Urited States" It
must be kept in mind thet the foreign manu-
facturer can undersell the domestic manufac-
turer in our market-that he will however.
in the absence of tariff, demand price for
his article shade only below what it will
cost to manufacture a similar article ia the
United States II was there also asserted,
that foreign fabrics would not be excluded
from our market but BY a violation ofthat rule
in laying the duties above the same. Until
the rule is reached. there Is no just compe-
uion between the foreign and domestic man-
ufacturer. So far from it, the former is cna-