or TIIK.MATION.
ItINCUHweU h) Senator Vaucr*.
Wnr'.-a for Oi* li»* 1 T i:ii«»r- - it M;«r- ' 1 «'
VIII.
The fad tlnd the protectionist
claim that high taiifls an* chief]v
beneficial to labor will justify a little
further notice of that fallacy Itis
t'uoiit the only pretense they have
left to appeal to popular sympathy
uid catch vole . vet if is the
ever advanced by the " slave-traders
agiirisf the freedom of commerce.
But bec.oi- • it -o readily appeals to
the prejudices of the unthinking
multitude. it is made tiieir principal
stock in trade and is relied upon
when ev •-1 \ other prop is knocked
from undet their feet.
In my last article 1 endeavored
to show that under no circumstances
*"OUId protection benefit even that
portion of our labor which was em
ploye! ( 111 the protected industries,
but placed i! at a jo-dtive disadvant
age; whilst as to tlit- remainder,
constituting six-sevenths of all Amer
•can laborers, it was an unmitigated
♦•\ii A further elaboiation of that
subject will not be amis , here. The
uih ] >o->s*ibltr way i \ whicli profec
tion could increase wages, if at all.
•H by raiding or m tint fnii.g the
prices of manufactured articles.
I his last it does artificially, in defi
tnce of the kw of supply and de
mand. The law says that the sup
ply shall not be increased from with
out unless by the payment of a heavy
fax, and that is protection to the
products. Common sense teaches
that labor can only be protected in
the same way in providing that the
■supply shall not be increased from
wtihout also.
i o say that this pui pose can be as
well accomplished by giving the in
creased price of products to the
manufacturers on their promise that i
if we will thus enable them to do so '
they will voluntarily pay the work-'
* . i
■'■ higher wages has neither rea
•!' 'i truth in it. We know that
■ »■ will and does l»uy his labor at
th hea pest tigure in the market.
I f! t '."ii market fhe supp!\ ;>
■'ll —. t 1 \ and tree!v increased from
without Witli quite as much rea
son we might a- well imj «»,» a h- i\ \
ix o\ i \ ery ton ign iahoirer who
■ >u. t" i >iir sJioie s, iu order t«» iai- e
A.age-* i• j the houi iiial i, and bil (
iS manufac: urcr \v i! ii eq ia truth
i
'•at it was a:! for his benchi '.. at
a! ii -1 would be en •: " t ■.)
■ higher pi ict s " fot | ;■
.
= - i ii ifictuier just a
'j 1 ■! to the !abi>i i i !ri - i i i«»,
.of the mom v th v.oik
• : ! ' v ' , \ i
.( 1( \ -) he ( . Hid i. e! tl. .: >
'
' ; •' ? v.' ♦ • '
of the pi tection. \v .1.
'• - * t ••. ecisel v \\] a* the :.iw .; * •
■
1 1 i
' • • J . 111 i.
" - av» -tradei > aa i! a
;; 'ii not only l-bse- di
! ; t • prict s .>f manufact in e 1
ai ' b : ;! ii 1 ill cf 'y the j•. a -
» ' ' .1 t ' 1 >1 A\ z
:. I il I » 11• ;is \\ ti i. Ut
t: iis .bs ud. but it is ncci --
s ir\ tor t he:u t*- i \ 0•.,. '' i:• •*. •
.sis\\ i i ;«> tin cii-iii.:'' that if profit
tion d>es ni>t go all round it is the i
taxing of one man to sunnort aiioth
i %
i. aV i i- . t aia! >ll t; •e jual and u::-
;t:st. !t i- the old Men ma of tht
falsifier : the telling of one falsi hood
forces the telling others to covci it
,;p So. having *»t o-f 1 oat with the
'
-t. i . - i ' i.i ; .ctoi v'anl s bv i
reason of the increase in price of thel
l»od- tic v a.'. \c. 11 a \ 1 !\ .r ii' •J.
!t a! 1 ,sh : , •;* • a .;! . '
7 .
• • r i. it;!..- .' , . *
> agt - '1! i•-» i: > M '• ! 11 -• a\ i 1
' even the f .ctoiy hand. If his wag* -
are increased, as they say, because
places of products are increased.
then the price of labor is dependent
on the price of pro iucts. and the
amount of the one must be in pro
portion to the other. It follows,
then, as clear ah day, that the in
creased price of everything on which
the laborei lives will precisely keep
pace with the l. ciease ir. Lis wa« r es.
O
and his condition is not a whit im
proved. There is no escape from
this on the theory that protection is
ju-t and laises ail prices in the same
proportion.
In this case ii would be no pro
tection at all. for a tax levied equalh
ou every man for the support of e\a -
rv man would do no man any good,
would be simply a nuisance. The
only conceivable way in which pro
tecfive taxation can benefit anybody
is to levy it on *nd collect it from
one set of men and pav it over to an
other. This is preciseK what pro
tection does, and that is why the
manufacturer clamors for it and the
, comsumer does not. Ygain, if wages
were regulated by the prices of pro
ducts. it would follow inevitably
that the normal ratio between them
would be preserved .under similar
conditions, "ict, as I have before
said, for many years past, with more
or less of fluctuation, prices have
steadily fallen and wages have risen
with equal steadiness Sir Lyon
Play fair estimates .that even during
the depression of the past fifteen
years the average wages of Great
Britain increased !) 74 per cent.,
whilst they did not quite hold their
own in our country.
Pricas, on the other ban.', accord
ing to the same testimony, (and that
also of Sir Lothian I>ell before th"
loyal commission.) fell as follows:
t Food, 25 per cent . metals 30.: tex
tiles, b"j; hides, leather, indigo, &LC ,
' 2b.50 per cent. At the same time
the hours of labor in Great Britain
were shoitened per week, in view
of these facts, how is it possible to
make good the claim that protection
keep- up wages when if is not able
t" cp up the prices I»:I which thex
-i\!i l e w at*s .1 ii; 1 The ii:ipo.»-
'uiii * e made -ti : mate ap t a!a nf
11;. !,11-1 i have risen 111 • M e
•oi i i>e. i in at ci maiulaiiii'd iu fret -
( ' • • • • ■ 1 • "11J 1ii ii 1 .iite
Ami ii a. la tiuth, ad Ceoi.oiji.c
Ist ! . St; t s t .it wages have a]
Aa\ S been 1 ' Wcsf A h"ii p: ic S i,i \a
ii'ilishi• in t-1
1\ • j»1 • !. a ' tile a K1 lig
i man s r '.sard has b eu iiua • .e>ci a
■
/ ' . ; , | j.. j . . ~ j
- : ,va
a. 11. *. 11 l i! cla ij •. ■t.
• 1 Ui a .. i - > • i ; s j'. ■ - I c i *ll i. a is •
t■ 1 \ •i* i h • 1.1 111 V .Ute.i ig e! | 'ai -
e aut ; • i w 11' ci lit: au t • dis
1 t a ;: .*,:. i s J'er t hems* ,\« >
' i i'' • 1 sat , ! 11. - t( 1( ■■ >u •* tht
• • • pi m t• . s ■ ; tne git 1 ti. 1
I
n 4 to 1' -1 ,! aj i t w«•: ; 11; i i»t 11
i\ in it iy by theil a i. If tie V would
loost* from ts! i-; i t'ui;ibi m fo the
.■ if ictll i"s thex would soon have
l'.e ..at : fh a > v i n U. |»ro
t« '. • is ,i wa\ - /it ai: ]■ . i: 4 their
■ '.ami . but l»i :ia c st s o of f» '
tht in t (.. 1 . :t\ y >t*- to tiie man
i ufacturers and ia t to the workmen.
Just at this time, pen ling the tariff
r« - a_:t it „ 'iie House, in
e a ,ai wit*i othei C uigressuien, I
am daiiy de.uged with .slave-trade
pan pi let"-. a». m or h>s distress
• 1 t > hath "Via the 1. urible fute of
. «■ i nj pealing to
i i"'. 2' oa I -->« hi: . Une pamj h
I let. which now before ;:ic. head
• I a> fo.iOw- ihe 1 oreign Ilaid
Pi
\ ? J T
* 1 - 4
' i • 1 * ►* ];. :
- patnm t:.-R of ti c
• fiee-traie ( ] t)( . W ri «i
. then -av- that h Taiitf L«a„' h- )• .
: resr-tit fI. ■ - * '* ''•;»!.
- on heum non. * ,*; luami thai tn»\
offered th mut 1 j • toi. plus
. ii eharg* - an i $2B il itv- total
s~>«; ;i! 1 hl> ti at Amniean
I n.all i. ..«»■; i; i - I uliii' I !i.ak♦ Mleh
> beam- for 3e>- ti.an *7O. »f course.
..life Mi\r. "lit ial>Oj IliOlf
i than anything • makes this diff
i »-iene«-' Jt .-» happens. howev i.
thsit the census ef I'-KO «/
• t istio. f'l 1} t!. «• niainfac
tui ei * I hemsei «■♦■ s. « f the pc i eer.t ♦^e
of labor iii the working >f iron in
America; that percentage i- 1(1.77.
At t hi- late the lain 1 in a ten ( :
-neh ii( • in Im.-I.muh i- abc ut ~U.
' •
in An.m: a 51f1.20: hut the lutv i
an 1 oi .ai >"J H moii;
tula] £:jn \!. :i n ;iii ,-t tlie J\ !-iai .
| Nov, what bee i. - of the $l3 04
which i♦*u. tii •- af't i j avii." r Ihe
Ameneau iron v, ; ker three times
; the wa;;e- of the ' No man
with roiniiK i x! -e m: tlonht for a
moment that .■(-- into tin- ] ockt t
of the marufaetm t r T I- ut -
liimself hoai -e f ; th« n. n» \ to
given in the Ameiiem laborer: he
hires m i; lik 11 I — iiblrlt i ;■ > falsify
the truth in t' ■ ! u> e f tl • \ •
( can laborer: his tars roll ilown his
cheeks in copiou- and iit ou streams
! for hLs helovfu Anniicaii !al r-i.
! but. suppi hi- o-n f •, ! --I he
,
ivay. h v ; '•••.-]:-
e1 s the jt, i i ' ■ i s .v. •i f.
i lection sui passing the lov-f woman.
| And so tht 'a'-i 1 ii-l mav i •• ]♦ terl
'ed in a h m.di i d \ .■.'> ■ i • .'N •- «-f
i
]»rinjf nec«
1 T f i • • ' ■ •
often and • • h f -,i , d
should Ix • . :t' i c ( .
j shameless! \ ]!■:!. - j
1 these as.- -rti n :ti ~i ? \
| have share.] tJje fat of tin ] o|
r 1
i Uaal. The storv «•: • j. ?•
I gives a proteeti >:. i> t tin rr i .s it.-
■steail of curing him. Tlifv s;tii
; when a r j.ra . t tie dji v \\ a - a..; ta
-1 ted t hiit it \\ ould d-t i " u 4 l !
jits man facture in the 1 \ ; 1 ah
j discharge :t: I ti: •; : o
raise the i ; ic» . V
I . 1
were li\ ( - sfj i .
'try )n:t ii u.
On i t lie j I ("(
' A ; Oi' • i , 1 1:111 {'■
i* 11 i « S «; i i ,
i
. I >»» i i .'; 1, • i \ ; (
t«, . f
i! ' - t ' '» «
» .
i « i \ *
t *.} 1 • . 4 '* I ' i ' s
i 1 * I , 'l, f \ ' « I ft N\s*' I! . \
\ '• I _ .
1 ■' . « ' '• • ir
ln i- ■ i i- ■ : i„. d -
it .s J • n r 0i , : • •
ii J ( • : - tint ■ i rate >nieio .
ed an :ti j .v ne vandal./. 1
A ! t •! . i nke 1 h;.ii !
dema: !■ ! r . _ • t!\ whv. c-f ai
things. ... >. »•::t. •• \\ «
jhi oi i.- . ." I '. In.-'
1 :
n-lave commerce. I hev are
' pushed f > 1 ; r 1 * ■ ? l
f r •••!:■ n:i; {};♦♦. >pi; it ♦.♦
mtel ij;e:.i ir u . i y mt»> t: . ni•'!.»: -
ami 11 • !-• ri -s; 4 r !: : ♦ ,n.
tiiXati•: . w i i-ii - "v i:th a;. ..
11ea-ui'N. • 2 '' » Jhoi;-atjd> i
«*rii: linp n ;.!lo t! f-artl. ro \
prepu"' j »- v * : ' -ti • :
of f•; i ii. :i i ;c« . 'I .■ y „ ■
■that then f m :> mh.natu a•v. - i
the system whir:. > pj it-»them»:
th i (■■ t»' i • ' ' • s - if '• • . • _• ! :
whi ii i..t s ii. > \ ■.ll- «
i 4. ■ i . , We. \\ i./
at out t . *
w
WEAK NERVES
Paitl CtxxKT Of>w»orwi> *» » y+rr* T«nfc>
• A _ wb;rh c*r»-r f» .« Cor.t».r.iz>4( >«•«-▼ »n4
■ / # i ~' x *i mdrrful »tsruu'•a** i
■ wvmV.j enrrt all 4:* r> r»
IIKPC RHEUMATISM
■ ■ I 1 A 1 • *IJ*T R.^NR.-* J ».• V
. m M 111
aH,
|H Wfr twmi
W tra* l.beiias* - «n
FL - KIDNEY COMPLAINTS
Wf jflHk B lm B r «:*■'» Crz r*ri
V |3r | fl \#
I vlv 1 W
y - J DYSPEPSIA
W _ A ■
(ompound constipation
P
U> the bow.:« 1 - jr: in.ty » .rrijr it h
K'w» it* uw\
N«nrou« Prostration, Nerrcua Headache, R«voEm.«jlr--l by prv f*-** *.al and b -»
Neuralgia, Nanroua Weakness, Stomach « & n . f " k
and Liver Diaeaaca, Rheumatism, Dys- Price f 1 Ou. S.l \ y
pepsia.and all affections of tha Kadjej-a. WELLS, RICHARDSON A CO. Prop's
•URLHfOTON. VT.
• M.MKRSHON, Po's 1). \\". . v HI i.h.n. '. is! .IONFS As^'tt'a-h
I HANK OF HICKORY,
HICKORY, N_ O.
RECEIVES DEPOSITS SUBJECT to PAYIB E NT ON DEM AND
DISCOUNT RJOT33S.
SELL EXCHANGE ON UNITED STATES AND EUROPE.
ALSO DO AN INSURANCE and COLLECTING BUSINESS
IIau our of tlif best Bi.rslar Proof Safes in Uolmi Wtli Carolina.
bafet y 1) Vfiuhs 'ei lott cte»! l>y the iiu>s I>otil»U» ( o
film 1 I^M'k>.
I
■ - —————
FIRE INSURANCE!
U a-s ( >, i,ite«l i i .John E. ith nuf »n the Insu» H» ee 1 >u«
' mess, tlie Imisiiii» h» i « :tll* r wnl he nmier t !»•• ♦ « 1 ' tii in,
! SUI'LKH cS: IIAITIK ()('K.
j
1 ii \ trieiitl* ani public f»r favors. 1 no i it « nmtinii
1 lit. si MI t.i t ii»' lieu fir ii Vin InsuiMhee IniMiin— \• nne at tln
! :■ i ii ! f 111 lieo k >it i>fM'*e wi' 1 t»- j»i »ni]»l i\ .it t ♦ li« il t •
D. W. SHULEri, CA HIER,
Banu of Hickory
tin i\. N. ( ' . Mftv ii, IHSS.
HALL'S
Qmmlii ■IIIIISmmbbs?
I ~'"i' —i i-ii-ii r-m m ■ »■■ nmw m —■■■ SSOO REWARD
MhLMMUHM HMB n i
H" m r.i'faetr.n-:u"! s, ;i it withn positive ti?aranteo thnt it will cure any
eve, v -" vil f. .re-it the a «»v«- aiii»u:il if it fa i s sin'-jio inSTOHCO.
'!.• Mi- r eataiTh r-nn ly, as ,i -taken internally, upon
the blood. If }' m an' tn»nhlHl with this di^frossinj «!i- - I
i ' • 'r So IMIT.»'n«»N •ir si' ItsTITTTF. tf I.' h.'lf !'.«»♦ ■ • • 1• •
• ..i H.-'j;. « J';'i» •, 7 i rati ];» i" boll : • i
F. J. CS c :»' r J v " . T -:CC!0. 0»"
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I > M »i ITED W iRR \ . anl I tut l
imjuolo Bcitton-i I f> 1.00. Erafcrof«lfPj' Kci**Or«.3o«•«*!•. 'i "s
II-VER STEE! R.I7ORN. Fnil ( niu i »«•»! SI »n« «!. SlreppeU and Resdji tor 1 .
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t ., 4 f§ E :• HO h y'i A& E .
SV . ( «r. 1# Jtl « ' - - -• **" 2—* W «• *
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s'm'%'■ -c ■■'•••"• >»-t>" : •
v ' l,l '
TI • e> - t Tor tin'- »•
v .nufncturfd on'r h r ttte
St. Lou is Stamping Co St Louis
l or >ale by ;.l! Stove, llaniwarc ami
House l'liriiiHliliiK Di alers.
COCK Book and Pr c© List Free on App; ce
» " be Sure to WsntWn this Paper.
::^ARPEHTER*4-
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