The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1840-07-21
From the Burlington Free Press.
wi e u RIE

Il ii f. Il RI + f.
Whatever doubts may have existed as TO tho roal
sentiments Of the administration in reference to
the tariff and American Industry, they will soon
be removed. Mr.. Van Ness, in his remarks on the
4th, proclaimed open aud unequiv ocal hostility to
The high tariff or protective system. The Sub
Treasury-whch contem plates a specie currency
at the end Of four years---he insisted was all the
protection the country needed; and then went on
TO show how it would accomplish it, viz: by re-
ducing the circulating medium, and taking from
the merchant the means o. importing foreign goods
This, in connexon with cash duties, he contsnded
The only desirable protection Grant, for Il
moment, that the sublreasury is to have tho effect
ascrbed 10 it, to reduce the circulation so low as
TO prevent Importation, and what becomes of the
farmer and iaborer? Under such contraction OF
the currency, how long would labor, wool, or any
Of the agricut ura products Of the country sustain
even their present ruinous prices? Not one
meat. The manuac turer might, to be- suie, live
under such state flhings but it would be at
the expense of The farmer, the mechanic, and The
aborer-by paying one half one third what lie
now pays tor materials and labor. This is precise
ly the doctrine advanced by Benton, Buchanan,
Walker and Others, in the Senate las. winter 1t
is practically reducing our currency TO the stan.
upon par with the pauper labor of Europe! But
we are rejoiced at This frank avowal of the real
sentiments and intentions Of the administration.
It presents the issue fairly before the people, and
they have the question in their hands. If the
| present administration is continued we shall have
! the trial of specie currency, and another grand
s'experment upon the industry of the nation, to
asc tain whether the sublrcasury will do in.
stead of II tariff. Are the people prepared for this?
Are they willing to hazard the vast agricultural u
manufacturing interests of the nation--to undergo
an entire and radical change in the valuation of all
property throughout the land' why, for the sake oil
IA mere "enperiment!' Who undergo this or
deal? No man who is not nth four times as
much he owes. And who is TO be benefited by
| it? The office olders-the rich, who will be
,lade rich indeed, at the expense of the middlns
and poorer classes.
"REDUCE OUi, NOMINAL TO THE REAL
STANDARD OF PRICES THROUGHOUT
| THE WORLD, and you c0Uer country aciM
blessings and bentitS. Mir. Buchanans Speech
{ J an. %.
"Ar,icles are manufactured in France and Ger.
many for one huff of their actual cost in this
| trv"-U
at was but tie other day that saw an extract
from english paper which stated that whilst the
cutlery manufactured in Germany equal in
quality with the British, it was reduced in price
that the latter would have to abandon the manula c
turo altogether. "-B.
s''ro the Southern States-to the whole cotton
rice, tobacco, aud sugar growing region--now so
previously afflicted with the of the pape,
system tn all this region would say, study tie
financial history IF Holland, France, and Cuba
Fotioto their eIampis, emulate their solid currency
Initiate them Mr.. Benton's Speech Jan. 16.
s'To the other States | would say DO tie like
ID.
"The foreign manufacturer goes home, PURcnAs
Es HIS LABOR, his wool, and all other article.
which enter into his manufacture. at HALF THEIr
COST IN THIS COUNTRY, and again return to inur
date US ,tSc.--Bucanan speech, Jan. o.
In connection with these extracts consider the
following facts:
Wages i@ France Calais common iaborsrs, :
1-2 per day with board and without dwelling; Bo,
lougne, sd. per day with board and without dwell
ling; Nantes Sd per day without board and with
Out dwelling, MarseIles, 4d. I'd per day with board
and without dwelling. The food in some districts
consists in rye bread soup made of millet, cakes
made OF Indian corn, and then some salt pro
visions and vegetables, rarely if ever, butchers
meat" In others, "wheaten bread soup made
with vegetables, and little grease or lard twice d
day, potatoes or other vegetables but seldom any
, butcers meat.
any.-Danzing laborers a sd to 3D. per
} day without bread; Muhlburg, I'd. per day; Hols
tein, I'd per day without board.
.Nctheriand. South Holland laborers Sd To 4d