Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1840-08-28

'us' y, entering into competition with the RI
val productions OF foreign industry, be nd
hered to and maintained on the basis of The
principles and IN the spiIit OF the eompron.
Use Of March, 1888
Protection and national independence, are
IN my opinion, identical and synonymous. -
The principle OF abandonment of the one
cannot be surrendered without forfeiture of
the other Who, with just pride and ma
Ilonal sensiblity, can think OF sdbiecting the
products OF our industry to all The taxation
and restraints Of foreign Powers, without
tiloH' on our part, TO counteract their prohi.
blllons aud burdens by suitable countervail.
ing legislation The question cannot be,
ought not to be, one ofpriucipe but of meas.
ure and degree. udop, that Of the com.
promise act, not because that act is irrepara.
Die but because il met the sanction Of The ma
ton. Stability, with moderate and certain
protection, is far more important than insla.
LlIiiy. the necessary consequence of hiph
protection. But The protection Of The com.
promise act will be adequate, III most, if not
as 10 all, interests. The twenty per cent.
which II stlpuates. cash, duties, home vau-
aiions, and the list of free articles inserted in
Tue act for the particular advantage of the
manufacturer, will insure, | trust, sufficient
protection. All together, they will amount,
probably, TO not less than thirty per CENT
"a grentvr extent ofproiection than was secu-
red PRIOR to the act OF 1923, which no one
stands to defend. Now, the valuation OF
lorclgn goods is made not by the American
authority, except in suspected cases, but By
foreigners and abroad. They assess the val
ne, and we the duty; but as the duty de-
pendS, IN most cases, upon the value, it is
manifest that those who assess the value fix
the duty The home valuation will give
our government hat i, rig htfuly possesses,
both the power 10 ascertain the hue value OF
Ihlng which taxes, as well as the amour, OF
that tax
4th. 1'ha, strict and wise economy, in
the disbursement Of the public money, be
steadily enforced and that, 10 that end all
unnecessary Offices and places. foreign and
domestic, and all extravaganza, either in
the collection or expenditure of the public
revenue be abolished and rcpressed
have not time TO dwell on details in the
application of this principle | will say tina,
a pruning knife long. broad and sharp,
should be applied TO every department ofthe
government There i abundant scope for
expenditure, may, in reasUrmbte tfIne Ue
brought down from lis present amount of
about ioiiy millions 10 near one third of that
sum.
9th The several States have made such
great and gratifying progress in their respec,
i've systems Of internal improvement. aud
have been SO aided ty The distribution under
the deposlle act, that, in future, the erection
of new roads and canals should be left TO
them, with such further aid only from the
general government as they would derive
from the payment of the last nsallmcrl IN
der that act. from an absolute rehnq hment
ofthe right Of Congress 10 call upon them
10 refund the previous instalmcnls, and
from their equal and just quotas, to be re-
ceyed by future distribution OF the net,
proceeds from the sales of the public lands
And 9th. That The right 10 slave proper
ty being guaranteed by the Constitution and
recognised as one OF the compromises incor-
poraled in that instrument by our ancestors,
should be left where the Constitution has
placed it, undistuIb bed and unagitated by Con-
gIess.
These, fellow citizens nre views both Of
the structure ofthe Government and of its
administration, which appearlo me worthy
OF commanding the grave attention of the
public and lis new servants. Although, /
repeat, have neither Authority, nor purpose
10 commit any body else | believe most, if
not all OF them, are entertained by the 20.
litical friends with whom | have acted
Whether the salutary reforms which they
include will be effected or considered, depends
upon the Issue of tina; grea; struggle which
is now going on throughout The country.
This contest has had no parallel since the
period OF the Revolution In both instances
there is similarity of object That was 10
achieve, this is TO preserve the liberties OF
the country Lctu catch the spirit which
animated, and initiate the virtues which
adorned our noble ancestors. Their devo-
ton, their consistency, their untiring activity,
their perseverance, their indomitable resoiu-
ton, their sacrifices, their valor! If they
fought Tor liberty or death, in the memorable
language of one Of the most illuslrious of
them, let us never forget that the piize now
at hazard is liberty or slavery. History and
experience prove TINT more has been lost by
selfcon6dence and contempt of enemies, than
won by skill and courage. Our opponents
ale powerful in numbers and in organiza-
lion, active, insidlous. possessed Of ample
means, and wholly unscrupulous in the use
Of them. They count upon success by the
use Of two words. Democracy and Fed
eralism-D Democracy which, in violation
Of all truth they appropriate 10 them.
selves. and Federalism which. in violation
of all justice, they apply to u.s. And allow
me to conjure You not 10 suffer yourselves TO
be diverted, deceived or discouraged by the