Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1833-02-21

Before the present law has gone iuto operation be.
fore it is yet nine months old, passed as il was IN
de circumstances of extraordinary dcberation, the
fruit otnine months labor, before we know any
thing of lis experimental effects, and before il
commences us operations, We are required to re-
peal H. On one side we are urged 10 repeal a sys-
tenn which is fraush, with ruin on the other side,
| the check now imposed on enterprise, and the
state of alarm in which the public mind has been
THROWN renders all prudent men desirous looking
ahead iiac way, TO adopt state OF things, on
me stability Of which they may have reason 10
count. such IS tho state OF feeling on the one side
and ON the other am anxious to find out some
principle OF mutual accommodation, 10 satisfy os
far as practicable, both pariieso increase the sta
hty of our legislation; aud at some distant day
but not too distant, when we take into view the
magnitude OF the interests which are invoyed--,o
bring down the rate OF duties 10 that rtvenoc stan
daid iol Which our opponents have 50 long conlen.
dad. The basis on which wish 10 found this
modification. is one oftime aud the several parts
ai the bill 10 which am about To call the attention
of the Senate, are founded OH tins basis | propose
10 give protection 10 manufactured articles ud
cquate protection, for length Of time, which, com.
pared with the length ct human life, is very long,
but which IS short, III proportion 10 the Legitimate
discretion = csrrY wise aud parental system OF go
softm Mt securing TIC STABILITY Of 3cSis,otun,
nd allow ny inc for sra 'unl reduction, on one
| sd and On the othar proposing TO reduce the
rate Of duties Il ihft revenue standard for which
thc a2pgicets al the system nave SO long ernten-
Dat. ~ii! now proceed 10 lay the provisions OF
this bill before the Senate, with avlew 10 draw
tn If attention u tic true character Of the bill.
NJ G. then proceeded read the first section Of
tho 5 IN the words in y hich it viii be found be-
loN. According to tbs Section t2sat il would be
4r.seIvfl that tt "A he
standard a; tie end Of lt,lo than nine
yeats and a hall, giving protection 10 our own
nanua cures, inch lie hoped would be adequate,
during the intermediate time. Mr.. 9. recapltull-
ted tho provisions Vi tho section, and shoWcdby
vlr'o1, Illustrations how ihty would operate
/ Nj G. then proceeded 70 read and comment upon
lac aecond section of the bill Us recitcd bclow Ii
would he reeo ee,ed he saul that ut the last SEES
sh.n az onsrcss. ~itn the siew 10 make eouees-
stuu tfth3 Scuthaln section OF thr country, low
n,csd .seiisnS, those supposed To enter INTO The
; consumption ot slaves and thr pnMrr classes ~
.rrsoas, taksa out Of the gencni class of du-
las on @ooHrHs, and ta duty them reduced 10
I've per cett. Il would beaiso tecolioctcd lat at
that time he seiGicineH from the South had said
, that tins concession was Of no Consequence. aud
thal lhcY dad not iur H. and ht b,il.yrd that
/ thy did not nn@ cpnsuier II OF any greater nupor-
taace. y, therefore, II had failed OF the purpose
fr which il was taken ont of [ common cless he
thought II ought To b. brought b4'k again, and
placed by the s,do oil the o htrdeserp,iuns OF wool
lens, aud made suhtci to the toJuc,ion OF du
! ~ as propo.eiby hs section
Having next read thuouei, the ihfl section ot
the bill, Mr.. Z. sstd that, after the expiration Of
terra, of Yeas. this section laid DOWN Il rule by
WA,ca the ddics were to be reduced TO the revenue
standard, winch had been 50 long and So earnestly
lid lJi,ttl oil,rtr ltratfrI and in
itolt of provision being made for the wants Of the
government IN 1912, a rule was thus provided for
the rate of duties thereafter Congress being IN tho
mean time authorized TO adopt any other rule
which the cxigenceS of the country, us financial
condition, might require. That IS to say, If, in
,ead of the duty OF 20 per cent propos d. 10 or II
per cent. or duty sufficient, or % per cent.
'toul3 be found necessary, TO produce revenue to
dcr.y the expenses of an economical aahlnlsra
ton oil the government, there was nothing to pre-
ven! either of those rates. any other, from hcins
liked upon; whilst the rate of 90 per eout was IN
trod Iced to guard against any failure on the part OF
/ Congress to make the requisite provision in due
, season.
The section ofthe hill Mr., C. sad contained
also another clause sug sestel by that spif Of Aar
mony and Cancellation which he prayed nj .ht ptc-
side over the Councils Of the Union al tins trying
moment. Ii provided (what those persons who
! engaged in manufactures have SO long AZ %lults
IS required for their security that dulles Shall he
paid III ready moncy-;Iid we shall lhus get rid OF
the whole OF that credit system INTO which inroad
was made in regard to woolens, by the Act OF
the last session. This section further contained a
proylso that nothing tn atty par, oith'S Act should
b. construed 10 interfere with the frccst exercise Of
the power Of Congress TO lny any amount Of duties,
III the event OF war breaking out between tlS coun-
] Try and any foreign Power.
! Mr.. G. having then read the fourth section Of the
bill, said that one Of the considerations strongly
urged FOR reduction of the Tariff a, this time was,
! tina, the government was likely 10 be placed IN u d.
emma by having an overAowing revenue and
tbs apprehension was the ground OF an attempt
totally 10 change the protective policy OF the eohl~
try. The section which he had read, Mr. {. SAID
was an effort guard against this evil by relieving
altogether from duty portion Of the articles OF I'M
poiL NOW subject 10 il. Some of these he sad
would, under the present rate OF duty upon them,
produce considerable revenue tho article Of silks
alone wopld probably yield half million of dollars
per annun. Ii ii were possible to paciiy present
J dsscnsions and let things take their course, he be-
lievcd that no difficulty need be apprehendcd II,
said he the bill which this body passed at the las
session Of Congress, and has again passed at thu,
session. shall pass the other House, and become y
law and the gradual reduction of duties should take
place which is contemplated by the first section o.
this BILL we shall have settled two Of not thnee) o.
the great questions which have nsitsted this eoun
try that Of the Tariff, of the Public Lands, and,
will add, of Internal Improvement also. For, i
there should still be surplus revenue that surplus
might I've applied, until the year 1872, to the com
plction of the works of Internal Improvement al
ready commenced and, after 1912, a reliance for
alfunds purposes of Internal Improvement shoulC
be placed upon the operation OF the Land Bill Il
which he had already referred.