The Farmer Feedeth All How the Protection Affects the Farmer An Address Delive
The Farmer Feedeth All How the Protection Affects the Farmer An Address Delive
Thomas H Dudley
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No persons under- stand this better than our English friends. Indeed, it is a part of their scheme as far as they can to turn all these people into agri- culturists. If they should succeed in this the effect would be still more to glut the market and still more to depress prices. These people who are now among the best customers of the farmers would become producers instead of consumers ; sellers instead of buyers ; competitors instead of customers. The wealth of the farmer consists in the numb...er of bushels he raises ; his power to buy upon the price he can obtain ; and the price is regulated very much by the supply and demand. If the supply is greater than the demand the price goes down; if the supply is less the price goes up. But our English friends would say after you repeal your Protective system you can buy all your manufactured commodities in England at a less price than you are now paying. The appeals they are making to our farmers are based upon this. They say, " Under your Protective system your farmers are paying much more than they would have to pay if there was no Protection, and in this way they are being unduly taxed to support the manufacturers.
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