Mr. HENDERSON. I have attempted already to explain that a mere increase of duty is quite illusory. The law that gives nominal protection, but at the same time advances prices of the raw material, enhances wages, unsettles business, produces a feeling of inse curity, and teaches the people to pray to the Government for help instead of relying on hard work and economy, is an injury to all pursuits and a benefit to none. Then, Mr. President, without proceeding any further on this subject, I hope that the ComFinance themselves will adopt a course of policy that will look to the decrease of prices. If we take off these duplicated taxes that fall so heavily upon the manufacturer that $1 50 of duty only furnishes 7 cents protection, as demonstrated by the Senfrom Connecticut, [Mr. Foster,) and let the tariff alone, or adjust it as it may be needed after the adoption of the internalrevenue law, it is my opinion that business will prosper; I think that we will give new life to manufactures, to agriculture, and to every other interest. Why, sir, the utter fallacy of increased duties may be seen from one single article of manufacture. I allude to railroad iron. We have not protected it by increased rates for o several years past; and yet the railroad iron manufacturers are more prosperous today than the manufacturers of other articles of iron. If not prosperous they are at least not clamor ous. Why is it? Because they have contented themselves; they have gone to work, and expect by economizing to make money. They seem to be satisfied with the tariff as it is; but other iron manufactures are continually increasing, and this tariff is an increase over the last of from 25 to 40%. The railroad iron manufacturer knows that the western people will not consent to an increase, and he has made up his mind to economize, and to make money according to the ruling prices of everything at Present. Contentment is a fortune and the railroad iron man is doubly fortunate. Now, Mr. President, I hope that the Senfrom Maine and the committee will consent to this postponement, because I am quite well satisfied if the committee insist on passing the bill at Present this course will not be adopted. Nothing that I can say on the subject will have any influence, I do not know that it ought to have any influence; but if in an awkward and unpremeditated way I have Presented some facts that should have consideration I am content.