Vandalia Whig and Illinois intelligencer. [volume] (Vandalia, Ill.) 1832-183?, 1832-05-30
From the Globe.
TARIEE
concluded from our last

'-,t Concluded from our last o. -ifs
10 raising the remainder, the bill proceeds up
ION the grounds of revenue merely. In doing
this however, Il chief objects have been: "A
l. To take off the duty altogether, Or as far as
practicable, upon raw materials. VI ~ 81
2. To spread it over as many articles pos
Isible that the revenue system may continue inI
full peration, so that in times of need, Target
revenue may be raised without resorting to new
Iohiecs of taxation. 81 IL FL. - f'"i
3. To make duties as light as possible upon
lartichs of necessity, and of those, the lightest
uponEhose principally used by the poorer classes;
for winch purpose, tea and coffee, which are al
most articles of necessity, are brought down to
duty Utmost nominal. fs
4. 10 draw the greatest proportion OF revenue
from those commodities which are chiefly used
by the wealthest:-an those principles of dis
it will be seen, have also been OBJ
SERVED, as far as practicable, in arranging the
duties on the protected articles "a u
For the first time, too, under any system,
Having even an incidental view to protection, has
ANY relief been proposed to the navigating inter-
lest, for the great amount of raw materials sub
jected to duty, and employed in that most ilnpor-
tant branch q manufacture, ship building.
On the whole, the compromise presented by
the bill appears to be liberal and fair on all sides;
the relief ..hnh :. -fS I ti.,sv iuIeTesrs upon
which former tariffs have borne most unequally
is substantial, and goes far beyond what has hith-
erto been thought consistent with other interests
The whole scheme, however, as far as we have
had an opportunity Of Judging, seems so judi
cIousiy arranged, as to promote, to a reasonable
extent, the interests of all, without depressing
any. Each interest may find something which
it would wish to alter, but, as whole, founded
as every modification of the Tariff necessarily
must be, on the principle of compromise, it will
probably be difficult to devise plan better cal
culated to promote the general good. ae''-i 4
The idea OF general reduction of duties,
which was suggested in the Secretary's annual
report, has been given up in forming the present
bill. in Difference to the opinions expressed by
others, entitled to respect on the subject, and to
the wishes of the manufacturers themselves, Nh,
prefer steady, though lower duty, to one con
stantIy changing. .lls5 45 Gas
The Secretary proposes that the reduced duties
shall take effect on the 4th of March, 1888; as
an earlier reduction would 50 interfere with the
receips into the Treasury as to postpone the ex-I
Of the public debt, and would ais
be attended with great injury to private inter
ests. a. it'H a4N'fs Aa t'
10 show the practical operation of the pro
posed plan, we will present few of its results ::
The whole revenue will be reduced more tina
ten millions annually, of which upwards of 49,.
100000 are duties on the protected articles, IN
der the present system, calculated upon the i'm
portations of 1880, after deducting the re-expor
tation, is about per cent. The average RAJ,
of duty upon the importa;ions of 1880, subject IL
duty (afer deducting the reexportations,) estilna
ted at their value at the place of expectation Is,
about As per cent; and under the proposed Bill,
it will be about 81 per cent 0H
We repeat that we consider the bill as Offering
an effective scheme of Cancellation. Mr.. McLane
is entitled to the thanks of the whole commun,ty
for the manliness with which he has taken upoo
himself the responsibility of proposing such al
one; and though, for the moment, it may be op
posed by those who entertain extreme opinions.
and honestly entertain them on either side of the
question, we feel satisfied that he will find in the
confidence and appreciation Of his fell
low citizens, that reward which his enlightened
and patriotic exertions deserve. j
The following is synopsis, sufficiently in de-
tail to give distinct idea of the Secretary Of the
Treasury's bill. The bill itself, and the repor.
which accompanied it, will be inserted as soonl
as il is printed: ssl.s isa 44gs ia i
The act of 18th May, 1928, to be repealed after
the Sd Of March, 1888; after that time, the
duties to be as follows: aasi ls1ae p ssssa1
Ou wool, manufactured, not costing more
han ~ cents a-pound, per cent. ad vaforem,
and costing more than 10 cents pound, 20 per
cent. ad yalorem. N,l