The Massachusetts spy. [volume] (Worcester [Mass.]) 1831-1858, 1832-01-25

ton of them. And as TO the protected class, he
would make gradual out prospective reduction Of
the duties. The effect Of this would be to destroy
the protecting system by slow but certain poison.
The object being to reduce the revenue, every
descending degree in the scale Of his plan of grad
ual reduction by letting in more of the foreign
tice TO displace the domestic rival fabric would
&rease the revenue and beget a necessity for
I'd her and further reduction of duties until they
would be carried so low as to end in the entire.
subyerson of the system OF protection.
| For the reasons which have been assigned II
would think be unwise in Congress at this time
TO assume, for the future, that there would be
greater amount of nett annual revenue. f ON all
sources including the public lands, than s: $780,
! Co., Deductng from that sum the amount of sew
en- millions which it has been supposed ons II to be
subtracted, if the resolution before YOU 81 ould be
adopted, there would remain SIS 00D as the
probable revenue of future years. This ncludes
the sum of three millions estimated as tae fntpre
annual receipt from the sale of the public lands
an estimate which believe will be der ionst rated
| by experience to be much too large.
! Ifa reduction so large seven millions be made
at this session and if the necessary measures be
also adopted to detect and punish frauds, and en-
sure faithful execution of the laws, we may safe
ly make a Temporary pause, and await the dereiop-
ment of the effect upon the revenue by these ar
engagements. That the authority of the laws should
be INDICATED, all ought to agree. Nov, the frau
dulent importer, after exposure of his fraud by
a most strange Treasury construction oil the law,
! (made understand, however, not by the present
Secretary,) eludes all punishment, nd is only re-
qured to pay these veryd whic l.hs orig
inay bound for, but which he disllo aestly sought
to evade Other measures, with a vi ew TO fur
Their reduction OF the revenue may be adopted In
some instances, there might be an augmentation
of duties for that purpose. will mention the ar.
tice of foreign distilled spirits. In other coun-
Try upon earth is there mush of the foreign
.ice imported in this. The duties ought to be
doubled, and the revenue thereby further reduced
from 100000 to million. The public morals,
the grain-growng. country, the iruit-raising, and
the cane planting country, ould be all benefited
by rendering the duty prohib';tory have not pro-
posed the measure, becauf 1t, perhaps, ought to
originate in the other Hrus,.
That the measure which [ have proposed may
be adopted without inte' :fering with the plan of
the Secretary of the Trei ,sury for the payment of
the public debt by the Alta of March next, will
now proceed to show. The Secretary estimates
thatthe receipts of the present year, after meeting
all other just engagemer is, will leave surplus OF
fourteen millions apple; tbe to the payment OF the
principle o: the debt. with this sum, eight mil
lions which he proposes to derive frum the sale OF
the bank stock, and two millions which he would
anticipate from the reTe aue of the next year, he
suggests that the whole OF the debt remaining may
be discharged by the tine indicated. The four
teen milliens, l understand, although on this
subject the report is ne perfectly explicitly
ceipts anticipated this year from duties which &c
crued last year If this be the Secretary's mean
ing it is evident that he wants part of the dute:
which may accrue during the current year to exc
cute his plan. But if his meaning be, that the
fourteen millions will be composed in part of du-
ties Gccruing and payable within the present year
then the measure proposed might prevent the pay
ment uf the whole of the remnant Of tie debt by
the exact day which has been stated. If, how
ever, the entire seven millions, embraced by the
resolution on your table, were sublracted from the
fourteen, it would still leave him seven millions,
besides the bank stock, to be applied to the debt
and that of itself, would be t6 Zee millions more
than can be properly applied to the object in the
course of this year, as have already endeavored
to shew.
came here, sir, most anxiously' desiring that en-
arrangement the Public Rev en- ie shoulGbe made
which, without sacrificing any rhe great interests
oil Inc country would reconcile and satisfy all its
parts thought | perceived in the class of OBJ
Jects not produced within thu. country field on
which we could all enter, in true and genuine
spirit oil compromise and haI mony, and agree upon
an amlcabie adjustment. why should it not be
done Why should those syho are opposed to tina
American System demand Of its friends an uncon-
oiuonal surrender Our common object should
be so to reduce the public IN eve uue as to relieve
the burthens of the people. if rdeed the people
OF this coustry can be truly ga id TO be Eurhened
The Government must have ,.ertain amount of
revenue, and that amount must be collected from
the imports. Is it material to the consumer
wherever situated, whether this collection be made
upon lew or many objects, pr owl ded whatever be
the mode, the amount Of his Dntributon to the
public exchequer remains tina anne If the as
sessment can be made on obec is which will great.
y benefit large portions of the Union without in
jury to him, why should he obje to the selection
OF those objects Yes, sir scara e here, in spr.
1t of warm attachment to all D, ,rts of our beloved
country, with lively soctudi to restore and pre.
serve ils narmouy, ara with firm determination
TO pour oil and balm INTO exist ing wounds, rather
than further to lacerate them. For the trnth and
sincerity of these declaration, I appeal to HIM
whom none can deceive. l e, pected to be mot
9y corresponding dispositions, ;and hoped that our
deliberations, guided by frater ,al sentiments and
feelings, would terminate in diff using contentment
and, satisfaction throughout th land And tbat
such may be the spirit presid ing over them, and
such their issue, yet most ferv emily hope.