Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1831-02-03


| touched with the utmost caution,
| The Committee must be fully convinced, that
| improvements can be made or they cannot,
with proper respect 10 the /" extended utter
esis II involves" hazard mn effort. Such is the
" nffmiiy of our natures that the enemies OF
the protecting system would rejoice to hnve
The benefit OF little i" likes, aud dlslikes, 10 aid
them In their attacks. The President also es'
presses his opinion that E" the effects ofihe pre-
sent tariff are doubtless oVefrnted, both IN its
evils aud advantages" The Committee are
| confident, TINT II. epiis are most unreasonably
over-raIed.' Its advantages, are so maniiest
! that they have been, in the estimation oil many,
too greatly underynlueh. Thu President ad'
vises US, that the decreased price OF rsw ma
terels, manufactured articles, provisions, aud
| lands, arises from n cause +" deeper aud more
pervajng than the tariff ofthe uptrd States.
| He suppose " II may, IN a measure, be atfibu-
table 10 the increased value Of the precious
metals"
The Committee nrc unable TO say, how far
| Tins remark may apply TO other countries AS
applied 10 this country. Il, is clearly erroneous
! Appreciation IN any commodity. gold, SILVER,
CON, or lumber. depends, IN degree. on aban-
dance or Scarcity, II currency, whether CON
posed OF silver, gold, or bank notes, Is plenty,
the nominal prlce Of NIL articles required for
general consumption will rise, beeeuse the
owners of currency must use II Tor proht
| The greater the plenty, the more II viii be
nsrd In such CASE. iess profit will satisfy
| This cause enhances the price of every 'hing
that cur, ency purchases, Tor II must and viii
be employed. The precious metals nro the
bnse Of our national currency. Our CONNER
cal operations are filled with them. Exchange
on foreign nations was never lower ana II II
seems To be against us, II 10 only because We
have. by tdto, established relative value be
tween silver aud gold, which III. rest OF the
world will not adopt.
II cannot therefore be supposed that the
" reduced price" of domestic productions /,
| caused by " The Increased value - of the
precious metals II Is To be attributed to
domestic competition, aud 10 an addition
10 The grsat supply of the world; aud thu,
the advance OF the price OF cotton, and the
steady support Of other agricultural pro.
ducts" is owing 10 the diversified employ mens
encouraged by the protro lug system. Had
the precious metals " increased in value" the
benefits Of the Tariff would have been far more
conspicuous. Prices would have been lower
still. The tendency OF such opinions OF the
| President, as " the cause OF the low prices Of
domestic manufactnres, u tn excite prejudice
against the protecting system; to render IL, IN
| the estimation Of oui fellow citizens, an object
OF little importance. line error OF such opiD-
| lens the COMMITTEE consider Il their duty TO
expose.
The President has informed us, that the
best. as we'll rs the lairest mode OF determining
whether from any just con slderaiions, "A partcu-
lar interest ought to receive protection, would be
| 10 submit the question singly for consdera ion
| II, after due examination of its meris, uncon-
nected with eAtrancons conslderatinns--Such as
n desire o sustain n general system. or TO Pur-
chase support for different interesi-ii should
| enlsi IN lis favor n majority Of the reprcsen-
isuvcs of the people, there can be but little
danger OF wrong OF injury IN adJunng the In
rlh. with reference to MS protective eject"
| The Committee pass over the caution against
" "xrAneols considerations That viii he
duly appreciated Ivy the representatives OF the
people. The suggestions OF the President
which relate 10 the manner In which pToleg-
ting Tam should BIO formed, The Committee
believe cannot be adopted. II such VIEWS had
prevailed siuco the adoption Of the Consiitu-
ton no Tariff for the protection OF Domestic
Industry would have existed, II they now
prevail IN all the branches OF the Government,
the Tariff has escape from total he.irue-
| ton.
The hamers Of our Constitution were equal
" distinguished for profound Intelligence and
the purest patriotism. la their great design
10 provide Gov trn,nent Tor this Republic,
| which should promote and secure tue various
interests of every portion, did they adopt n
single provision, but with open and avuwed
desls 10 make general SYSTEM DId not
cyefy state present, M bold relief, its separate
claims and interests Was not each separate,
aud distinct claim aud interest presented by
the different members Of the Convention, aud
well considered by the whole ! IL was by u
nting interests. great and small, scattered lar
and wide, ia 1 our system oil Government was
adopted. Had "a particular interest been
submitted sngly,' nom some pofiiol OF the
country, aud thu, alone, must have been re-
garded, the Convention must have dissolved
1iy / "A ~ II he
me mbeTs of that august assembl, did make
mutual concessions and compromises, IN order
to establish a general system.
The President has advised Congress- that
the power Of protecting domestic Industry, by
the ard Of duties on imports, belongs t. The
! General Government. Inns, all know, is secu-
! red by Constitution, founded on libefal con
cesSion and compromise The Committee be
lieve that The protecting power may be excrci
sed, without exposure 70 impeachment fer mo
lives, on the same principles AZ governed the
Convention which framed anu recommended
! ouI Constitution, aud the people who raliled
il. The application Of this protecting power
must bc made by the representatives Of the
people There Is no other way by which il
| eau be exercised. Then, how can this be
done 7 How eau il be brought down, home,to
out business aud bosom II blacksmith a. KS
the Government Of the Union to protect the
manufacture oil All axe, must this question be
submitted - spgy" for deliberation 7 Must a
separate bill be introduced, aud d vote oil
| Congress iakenl Shall abstract theory place
The seal Of silence on the lips OF tue black
smith, aud forbid him 10 say that he wishes the
forge, The loom, the sugar plantation, also, TO
be protected The consequences are too
plain for exl eBsiye commentary. The grea,
interests OF the nation viii hold generous CON
,nunion among themselves. They will make
common cause they will make mutual con-
cesslons, compromises, and even sacrifices, to
promote the general welfare, IN imitation of
the example Sol by the great founders OF our
| Government. Dlfrrent Interests have right
10 consult eacE other. They will do 30. They |
have always done so. They must ana VIII act