Reports on the Philadelphia International Exhibition of 1876.

Date:
1877-1878
Catalogue details

Licence: Public Domain Mark

Credit: Reports on the Philadelphia International Exhibition of 1876. Source: Wellcome Collection.

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    be, that the import duties on all raw materials used in manufactures will be greatly reduced, or totally repealed. This will enable the manufacturers to produce much more cheaply, and will doubtless be followed by a large reduc- tion of the existing high protective tariff, the natural consequence of which will be a large diminution in cost to the great body of consumers. The great saving thus effected will naturally leave a large sum free, to be invested in industrial undertakings, or otherwise expended, and will lead to a greater amount of prosperity on a sounder basis than the United States have ever yet enjoyed, more especially as a return to a sounder currency by the resumption of specie payments or hard money, as they term it, may shortly be expected. A Bill to effect this object has already been passed by Congress, but no prac- tical plan for carrying it into effect has yet been propounded by the Govern- ment. The subject, however, will doubtless receive attention on the accession of the new President. The demand for objects of European manufacture will thus be stimulated, and commercial transactions between the United States and the older countries largely increased, but the nature of the business will probably undergo a considerable change. The current articles in large demand the United States will manufacture for their own consumption, and in these compete with us in foreign markets. Exports from Europe will be those in the production of which design, novelty, taste, and great technical skill are necessary and important elements. For these, there will doubtless be a large and increasing demand, measured by increasing wealth, until America shall have established museums and schools of art, upon the principle of the South Kensington Museum, where the art of design is taught, and examples of Industrial Art of various periods are collected for study. I have, &c, lo Colonel H. S. Sandford, Peter Graham. British Executive Commission, Philadelphia.
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