Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1831-12-23

conlide The business 10 the Commits S%t
nance. he would pledge himself thar sI % +
be speedily reported for thc reduc,on D "s "&t
ties on all articles Of impuria',,. =, ~S ~ NE d.
tee ton Of hOm.' it,,uslrv was u,, NINA 'na Pre-
ter some fur'..;- remarl, from - r"y A.
tinctIy heard. TX d.
Mr.. C'a' observed that. when hers,,.
consideration Was i:'st presented to -, uaGs
with the accompanying letter of the \. 'eaa:
The Treasury. he a;.dr, stood ,ii tbs 'eaiy
la,l come to the conclusion tina, any reJ" "'a's
the duties on teas was, at this time. ,nor"As
He now learned from the chairman nr ap'ui'r
ml,tec on Finance, that they were Of o,; w.: o'
no reduction of duties. such as ,ba, r rs
by the memorialists. could be ac,or r,,'iirh
the hrs' OF January next, merely from ,,s -.
OF time. tie, Mr.. C.. was no, al,osrbrr We W.
fled that the prayer Of the memoraIi,I, con,I ''s
to some extent be granted. One Of Tho s.. %
contemplated by the memoriaIi,ts, vas f,GJ ~
reduce he duurs Oh teas, and for such reIn".'
to take effect from the first of Janp,r, Gr,,%
neouI'y "t'n The reduction now PROVIDED r.tS
law. y # this could not be dons :, w
qacnce "a t.e SAINT of time, bill miyh, hs '+S
pared reducing the duties from the pe,t o., I"
period, say irm 'he first Of February. and ,'S
was understood that nearly all the teas !, =
United States were in bond. and would n..
taken from the custom house in greater or,.'
ties At time than the consumption of the ,a"
try demanded, the principal object the men,,
lists had in view might have been thus Scout
But this was no, their only object Their ~.
important one was by a SPEEDY action of Coror.
to have the question settled. of how far ,bs
duc,un was to be carried, and thus avoid tho .rS
of luctuahon in the 'aue OF Tie article. H.,
held As it was. they were Row lief, in ,,:
of almost total suspense.
Sir. SAID Mr.C. no one who cnnsiderstLo -.
of the finances o! the countrv. but mus, he ,a,.
of the important bearing on them, which A.,
change of the duties on 40 article If .Ycl, Nv,
versal consumption as tea must proiuce. l.
would be impossible also to consider tn. .pb;e,,
without al the SAME time considering N. c,,,
dicncy of reduction OF duties on all ar,irr.
Of like nature; without consieiin, Lp GYM
diency OF reducing the duties On all articles vb!J
are called unprotected articles. Indeed i, wo,,I
be difficult to cutter on be subject uitAou, reyiew
ing the whole tariff of Tlniles. examining INTO i,
effects, and looking iGtoshs operations Groa h.
whule system and revenue Of the country. II
said MIR. c.. there wa, any article on which d,
minds of all were most like 10 concur, tia,
reduction or abolition If duties would b. ads,,
tageuus. it was that Of tea-one of tie necesa
ries Of life, the universally of the consumprc
of which made the tax on 1t felt by all. BY l
rich as well as the poor. But as he undersoQ
the committee, they were not opposed to reiuS
ton of duties on that most important arcy
they only declared it inexpedient to act at ts
time. from the belief that no action could now b
effective. lie WAS not disposed to call for ap
expression of opinion on the part Of The Semi.
adverse To the report. Ii did appear TO hin,
however, that it vas possible for the commrc
to report such billas that prayed for BY the mt
moriaIists, ard pass it through both Houses,
not by the frs, of January. at least at very ear
ly period thereafter.
The Chairman Of the committee, said Mr. C.
had thrown out an idea which he trusted was BIZ
own. and not that Of the committee. He said tha
he would favor a reduction of duties on many ar
ticles of general consumption after the paymen
of The public debt, and not before. Now. sir, il
the gentleman waits until the payment Of much
the largest portion of the public debt. the 5 per
cents. he will postpone his reduction Of duties to
a much later period than he contcmPa,eS. /
could, however, be- shown that It VAS unnecessa
~ to postpone the reduction OF duties on the ar
ticle of tea for the sake Of paying oil the publ
debt; but if such postponement was accessory,
there was any inrompatibiiity between the releI'
ing the country from so great burhen and 'b
exlinsuishmcnt of debt mpara'Ively 50 trliiIn,
he trusted there would be found III the Senate Il
disposition to make so ImprOvidrnt a change :
that of capital producing an interest OF SIX p'
cent for one producing only three per cent Tor u
mere purpose Of paying OF the debt IN the ye
1855.
NJ. Ilayne observed. tina, if he had been Gale
on merely To give his vote on the adoption Of u
report under consideration, he should have Ia
no scrupie m giving silent one. But as gen'
men had thought proper TO express Their oplAl0'
in relation to questions which were OF deep az
absorbing interest to the country, he fclt hlm's
called upon to rive the views entertained by hn
self and by those who general acted with bW
Sir. said Mr.. H., the Chairman OF the Commute
on Finance expressed himself highly in iaSo'
reducing the duties on tea. In this Mr. h. he4
tiiv concurrcd with him; but when Tie lion.ciiI
man went on to observe, in pursuance ol al ~
ieci commenced at the last session, thai he ""0"
abolish altogether the duties on tea and many o.
er articles. and leave the tax as 1t was on uo'
which il most burtiened the country To be 4N'
come vi hen such proposition might, II no ~
else did. he would enter his protest against w.
Whit mas the cl,aracler nf The nrnnnsllIOn. y.