Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1833-03-28

tim that preceded II, lad diverted IA large amount
> uI pad nd industry from commerce 10 manntac
lures, particularly to the cotton and wooden bran
chcs. There was debt nj the snmc tune of one
hundred and thnty millions of dollats hanging o
; vcr tho country and The heavy war duties were
still in existence. Under these circumstances the
question presented TO what point the duties
ought to be reduced That question involved an
other--at what time the deb, ought 10 be pnid 7
winch was question of policy, involving in its
consideration u the circumstances connected with
the then condition of the country. Among the
most prominent arguments III favor of an early dis
charge OF the debt, WINS that the high duties which
IT would require to effect it, would have nj the same
time the effect of sustaining the infant mannfac
lures, which had been forced mp under tho crcum-
Stances to which he had advertcd This view OF
| the subject had decided Influence ~ determining
II t4sn- fan early payment OF the debt The SIN
kim fund vas according cd from even 10 ten
millions Of dollars, with the pro tIsion 10 apply the
susflas Which might remain N the Trous ny, NJ n
conlineO nj appropriation 10 that fund mud the dn
tlca were graduated "a meet this increased rspen
diturr. II was thus that the policy aud justice of
projecting the larec amount of capital and Industry,
which had been diverted Ivy the measures of t,r
! Government. into new channels as he had stnteJ
WIS combined with the fiscal acton of the Govern.
ment, nnd which, while II secured prompt pay
mcut Of the Il hi, prevented the lmmcnse losses 10
The manufaeiu. efs. winch would have followed
sudden aud groal iaeiiou sui revenue was the
mum object and nfot4etf,n hn, the incidental I'll,
I'M t,r4,4r tL, ,t,,i,s WINS r.no,1cd hv iii, Com
,,,,es nf " .,,.s5tsd Mems and nat ol N,ouf,c-
inres o,,I Il -, onosrd +, bca,v reduction ON the
,Lcn fyisf,ne ,afe of ,lolIcs Rut what Of itself
without olhar evidence was decisive as 10 the char
dc'er of lie hill, IS the fact that II fixed u Nut
higher tate of dnIcs ON the unprotected than on iir
proi,rted alt,le4 lie would cnumclatc il few Lea
DIM, n,iicls only wonllen 4 cotton above tie val
ne Of - rs,4 on the 4q,rc vaId though they We,,
,h, le,,I.,a ,,ei,or 64o,cr,,on were suluret l., II
nc,n,ncnl .uiv Of oniy 20 Der cent. Iron, nuo,h,t
len Inn. ,,lielc au,or,, tbc nlolccted had nroiec
ron,r ma, .,..,,.. lI,,, q con, a. G>ed hv Ac
40, ,,,d ala, u ,- ,=.t,,,.d.in tie bll 'rbaso
,.s Won, nil L..,, tn. nv,,,ec dnics ms fixed IA
tb. nc, I.,.i..t.. #nr,,,.t,d tbs unprotcct,d
,u1 We. ~. rrres Mr. 6 3 ID he had en-
i.r,d it,, .s.l. IL .ldioosin order {, ascertain
t.e asr,.## I.lHnlzs IN the net There wcrc
l,I.##fa..f5 -. .#Il .lit, but he I'll assured
Ilh.tf Was n,l= g., Haan 81 per cent al ual9fc~
4is.,.5## an, #xf...4 al. ,,e average datlcs above
thai a. =. 4 ne IT,. protected Articles enumerated
If me-. ii#s 10 nj H. lad fluls Clearly establish
lb ,s4,.r If to, N, insure mat ii was for re
f venue aasl a.oi rsn'Dr ION
Io3kine buck even al tins distant period, witt
=
+ the act tne ono IN references 10 non aud the olhc,
the lntnma,o ,lo as On coatse eoltons, A Ia the
former h. conc we'd hat tn nl us reroucd pro
posed a tltiv relatively too low, which was sui
$ further reilerd IN It's pns,aee thro Congress Tho
= datv AT ifsi vas Gved at seventy five ccns tho
huadHcl wei,hl hut, IA the last stage 81 us pa.
4 saee 1t WIS reduced by soft of caprice occasion
ed by an unfortunate motion, to forty five cents
s Tins inipsiIr, was severely FIJI IN P,nHylvanln
the State above all others, most productive oil iroi
9 -ana Wa the prnclp / causr Of that great re-nc
ton which has slncf lleown her $" decd1dly o.
thc sld. Il p#f1,,rtIyr policy The olhrr ctro
n vas that, as to e.,arsc eo,to0s on which the duty
Vas n, MICH toa high, rs that on non ans too low
II tptroll eel tha# obnoxious minimum principle
which il 8 since ben 50 mischlcyous|y extended
3 and tn ,b5l evteni he was constrained in cnndor
tn o#lfn,A}sdte ms lie wished 10 Disguise nothing
the nfotrciiyc nr,ncIpIe was recognized by the ac
.r,aic 49,, ,his vy,s .overloolcl nj The time j.
IS not in his powcr,osav. II escaped his obser
yotion which he can account for only on the grount
that tho prjncipIe was then new, aud tia, his AT
tcntion u AS enqaecd by another important subject
: tho o,c.,,on oc tle c,,ry,urv then so urgent an,
o,,tb which ns elaI man Of the committee he wa
. n,,tie,la,lv CHARGED With these ,xccpiions Il,
,oi,. ,ens,tcd he saw uofhing IN III, Llil to con
d'n,o " !, v.ns on the Ground that the mem
io,s r,r, h. SIM. had voted for tina, bill that tn
? ,,,c,,n e now made IN hold IN Cprolna as rcspon
s;l,le far ,lc uhoIe system Of infection which ha
,,c c,,,o,,d ,hou5b she Inns resisted rs p,ogrg ~
: IN oyerv STAGE WAS, there ever greater injustice
Al ho,,, ,vns !, to Le accounted for but as for
: ,,,,o, mar, ofthnt svstematic misr, presentation
nnd caI,,,nv winch has been directed for so mn
NV years ,py,hont interrupton AGAINST that gallan
:, and generous State. Aud why has she thus bee,
,se,,lod Merely because she afsainrd from Ia
IL.
,, ,l 49,, !, t,I ,l.,,ner,,cd INTO !, nrrc system o
= =, .l.. ...=... ia .,t,.,o.., ovctn