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

clusion could be arrived at in no other way b.
what was the process Duties of certain rat
now exist the amount which they produce
Known the Secretary, proposing a reduction O
tne rate OF duty, supposos that tho revenue vii
DC reduced IN proportion 10 tho amount of the re
auction Of duty Now. Mr. c. said, no calouato,
.ou'a DC moro uncertain than that. Though, per
maps 'he best that the Secretary could have made
II was still all uncertainty dependent upon III,
WINDS ana the WAVES, ON the mutations Of trade
ana on The course Of commercial operations
there was any truth in political economy. j, coult
not he that the result would agree with tho prodic
ton tor we are instructed by all experience that
Tue consumption OF any article is IN proportion Il
'he REDUCTION oi us price and that in general II n ny
oo taken as a rule that the duty upon an article
torhs portion Of its price. Mr. G. said he did no,
mean 10 lnpnte my III. ropcr design TO any ono
oui, II II had been so intended no scheme for get
thS ma oi The Tariff could have been more artfully
aesse" 10 eject It's purposes, than that which thus
calculated The revenue nHd IN addition assumed
'hat thc expenditure oithc Government every year
would be SO much, &c. Could any ono here say
'rhat the future expenditure of the Government
would be In this Young, great. and growing
coplihuilfty, can We say what " III be the expen-
uitute OF The tovornnpnt even u year hence much
less what It Viii he, three, or four. or five years
"ehce fetil had been estimated, GA assumed
amounts, founded on such uncertain data both OF IN
toin2 and expenditure, that the revenue might be
reduced 50 many millions a year
Mr. {. asked pardon for this DEPRESSION. and re.
turned to the examination of articles in the fourth
section which were proposed 10 be left FREQ of Din.
" he duties ON these Articles, he sa i'd now Va
'rd from s 10 10 per CT nd valorcm bul low as
they were the aggr gate aL,oun, of r,ycugc which
lhey produced was considerable. BY the bill pf The
last SESSION. the duties Oh French silsy Wns iXad
ut i've per cent, and that Chm. - SILKS al ten
per cent ad salolcm. BY the biz now proposed
the daty on French silks was proposed Ia lac re-
pealrd, leaving the other untouched He would
frankly state why he mad tins distinctions Ii had
been subject of anxious desire with hm 10 sec
our commerce with France increased France
though not 50 larg' customer in the great staples 81
our country as Great B.itlin. WIS great and grow
ing customer lie bad been auch struck with a
fact going to plote this, which der.danllliy caal
70 his knu" ledge the other day Vu9h Was, that
within the short period OF fourteen spafs, thc u
mount OF consumption Ia Trance oi ihe great
Southern staple of cotton had been ip}e@. Agun
i. vas understood hat thr French silks If h. lnwel
Stades OF quality cuni not shst1lu. Il competition
wlth the chr1eSa wi1hog' some dlst lminottnr o
tins sort. II hat n5lstb,r1l, ai>a, laat The duly
at
been ,ely much compiling. of on toe ru,t o
Frapee and considering ali the Circumstances
connected vita tie relations between tho two coy.
eMmeAis il hpucntcd 10 linn lasi.t5le fo make TN,
discrimination IN tavor OF the Inn.h tra.luct Il
the S..4te should tl,f., ai0treaiiF. liz t6onlJ u,
content. H. INDEED. they s5sald fltl4. tropor Il
.riho cut dis section ui,oystl.f he should cater
ta.iy spLmit Ia theif decision
Ailer reading ihc fiLh all sixth sret5ons.
Alr.CT.hY sand. lie VouId nov ..l. a view 81
some Of the oEircllr,g which would brrIc Ia III.
bill might be said that die act was prosoce, We
that IL bound oer succ,sso,S. aud tIat we hnd no
power lbus 10 bnd IN m II was ,rnn that The act
was prospective, and 50 WAS almost e, erv act
which we ever passed. bat we could rcpcal ii tina
mex, day. II was the established USAGE 10 Give al
acts prosperity. operalon. IL cYery taN aw
there we're some provisions which 90 INTO opsta'ian
Immediately, and Others at future TINE. EAeli
Congless l,gistalsd According TO their own views
of proIrlty their acts d!d not lInd their suec't-
sors, but created species Of public ialsh hich
would not rasdly be broken. But, II uis bll
should 90 INTO operation, as he hoped even aSem7i
hope that II might he had not doubt that 1t would
he adhered to by all parties. Thee va, bat one
contingency which would render arhanga neces-
saty, and that was the Intervention OF var, which
was i"oF'ato l"' III tpt pi'l' "' ""'''S w W.
gress were len united IN III c ch and my ~ould
be at liberty to resort to my mode oil taxation
when they might propose hn'' we soPlose
peace 10 continue, there would he 10 motive Ion
disturbing the arrangement, but, on the contrary
every motive to carry II into elect. In the ncx'
place, II Will be objected 10 the hh 10y the irenaa
Of the protective policy OF whom he he'd himself u
he one, for ms mind was inmutably hHcd ~ taVo'
Of that policy ha't ebandohed the power Of Pro'ee
ton But he contendcdi III the INST place. 'hn'
suspension OF the exercise % Inc io"e was NO, NJ
abandonment OF II Tor me power was IN '''' ~,
suuuon according to our theory" pun 'ne'f y
l'a a'ne'9' anu cou'' on,y oe 49,, ,t
PIE. "A ltrf tllt ytdl i''t-, wv - ~ Wv 80