Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1832-04-13

Thus diminishing still moro the receipt of surplus
revenue, while preserving existing protection; and
holding out some other advantages, which seem to
me To- he well worthy of further examination. The
Senators from Kentucky, and from New York, how
ever, are neither of them willing To touch the pre-
sent system of protection, in any mode whatever.
Here MIR. Marcy interrupted MIR. T.. saying that
Inc was not unwilling to revise the present system of
protecting duties, but that his resolutions expressly
required REORGANIZATION of it, and suggested the
hess upon which Il modification of it might be made
10 prove this, he again read his projet.1
L understood the scheme of the honorable Sena-
tor from New York, said Mr.. T., precisely he has
explained IT, and was about to show that, however
att'ulinous aud general may be the terms in which
IT is expressed, its meaning and effects precisely
those OF the senator from kentucky. Nay, that
the principle which it advances, goes even beyond
that contended for by that Senator good proof
that am right in this, the Senate have already heard
IN the entire accordance iii this proet, expressed by
the Senator from Kentucky, and his willingness to
support it, the first proposition concerning
the duties imposed upon the unprotected articles is
disposed of.
The scheme of the Senator from n. York as the
Senate have again heard declared To be- this: TO
continue all the present duties of protection so far
as they may be necessary to secure competition in
the market between the foreign and domestic arti-
cies OF a like kind, with what he calls n reasonable
dfrontdge in this competition to the home manuf;c-
urer, and TO reduce all the protecting duties which
now exceed this limit to that point. Now what is
the demand OF the Senator from Kentucky? He on
~ asks for "adequate projections" and has often ex-
pressed his willingness To reduce the protecting du-
ties hereafter to that point, if it be shown to
nun that any of them go beyond it. Ask him what
nc considers as adcquate projections" and he tells
you frankly and openly, such duty us will enhance
the price OF the foreign commodity in market so
much as to enable the home manufacturer TO sell his
rival article at that price, and at that price to secure
reasonable profit 10 himself. Grant him this and
ne asks nothing more But the Senator from New
ork' rs not satisfied with this degree of projections;
ne requires not only such duty as will secure
iair competition between the rival articles but so
much more us may he necessary, to give to the
nome manufacturer n reasonable advantage i'm what
the senator calls far competition That is TO saw
ne proposes to secure, not reasonable but an un-
reasonable profit TO the home manufacturer, by en-
hancing the price of the rival foreign commodity
above the point at which the domestic article NAV
enter into fair competition with it.
was right, then, said MIR. t., when / affirmed
tilat the Senator from Kentucky occupied n middle
position IN these bddngs and that ahough he of
tered less probably than did the Senator from Penn
syNahla, yet his offer better than that of the
Senator from New York.
SO far the duties ON tho unnrotoctol ,r,;c1o,
are concerned, both the Senators from PENNSYLVANIA
ana kentucky are willing to abolish them altogether
WIN tic exception of wines and silks but the Sc
nator from New York says no; most of those duties
arc imposed upon luXurics, and although they are
not required Tor either revenue projections vet if
you disbulthcn the rich, while you continue TO op-
press the less wealthy you will surely make your !
American system more odous than it now is and
WIZ so endanger its future fate. Therefore keep such
duties on, although they wanted. So far as
lhe protecting duties are concerned. the Senator
nom fennsy vania is willing to commute them for
satisfactory equivalents, TO be furnished by system
ol commercial regulations, which, having regard
10 revenue VIII necessarily diminish the risk of II
surplus IN the Treasury. The Senator from Ken |
lucky Is unwilling 10 adopt this course now from no
no"Sposluon TO attain It's objects, if understand !
hilh correctly but from an unwillingness TO dis |
.rb the protecting policy in any way, at this time.
FOR he declares his desire to reduce the duties of
protecuon hereafter in all cases where thew rive
more IMAM reasonable encouragement to the manu-
occurring industry, If any such there are. But the
senator from N Y orll announces his discrimination
not merely 10 preserve the present system so far ms
gives reasonable encouragement to this branch of
industry, but never TO permit any rival foreign com
modify to enterno .petItion with the home made
lrucle except under circumstances giving dduanfnoe
~ NE competition to the home manufacturers. This
N effect is 10 give monopoly of the home market
% the home manufacturer to the extent of the sim
ply he is about TO make; and then lets in the foreign
at an increased price to the consumer
which, while it must Cypress him, is neither required
% deiray the expenses of the governments or to pro-
ect the manufacturing industry. 1t is therefore nm |
oppressive burthen wantony imposed, without anv
other object than accumulate a surplus in the
Treasury.
In this view of the subject, said Mr. r. although
do not approve of the scheme of the Senator from
pennsylvania, yet il seems TO be so far preferable
% both the others, that shall give it my support at
resent. What may be the vote may give if this
obtains, it will be time enough hereaf.
or TO state.
Remarks of or H. co.ai.