Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1840-07-10
TIIE TARIEE.

Whatever doubts may have existed as to the
real sentiments of the administration Interference
to the tariff and American industry, they will
soon be removed. Mr.. Van Ness, in his remarks
on the 4th proclaimed open and uncquivocal
hostility to the high tariff or protecting system,
The sub-trcasury-whichc on.emplates 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 wo,.ld accomplish
it, viz: by reducing the circulating medium, and
taking from the merchant the means of import
ing foreign goods. This, in connection with
cash duties, he contended, was the only desira-
BILE protection. Grant, for a moment, that the
subtrcasury is TO have the effect ascribcd to it,
to reduce the circulation so low as to prevent
importation, and what becomes of the farmer
and the laborcr! Under such a contraction Of
the currency, how long would labor, wool, or any
of the agricultural products of the country sus-
stain even their present ruinous prices! Not
one moment. The manufacturer might, to be
sure, live under such a state Of things but it
would be at the expense Of the farmer, the me-
chanc, and the laborer--by paying one half or
one third what he now pays for material and
labor. This is precisely the doctrine advanced
by Benton, Buchanan, Walker and others, in
the Senate last winter. 1t is practically redu-
cling our currency TO the STANDARD of the world"
and placing American labor upon par with the
pauper labor of Europe! But we are rejoiced
at this frank ayowal of the real sentiments and
intentions of the administration. 1t presents
the issue fairly before the people, and they have
tho question in their own hands. If the present
administration is continued we shall have the
trial of specie currency, and another grand "ey-
pertinent upon the industry OF the nation, to as
certain whether the subtreasury will not do in
stead of a tariff. Are the people prepared for
this Are they willing to hazard the vast ag.
ricultural and manufacturing interests of the
nation--to undergo an entire and radical change
in valuation OF all property throughout the land
And for what why, for the sake of mere
"erperimem Who can undergo this ordeal
No man Who is not at this moment worth -four
times as much as he owes And who is to be
benefited by it! The office holders-the rich
who will be made rich indeed, at the expense o
the mddng and poorer classes.
"REDUCE OUR NOMINAL TO THE real
STANDARD or PRICES THROUGHOUT TIL
WORLD, and you corer our country ruth blessing
and bencftS."-Mr Buchanan's Speech Jan %.
"Arlcles are manufactured in France and Gcrma
ny for one h0f of Their actual cost in this country
III,
sit was but the other day that saw an extrac
from an Engsh paper which stated that whilst tn
cutlery mnnuiacmredin Germany was equal in quail
~ with the British, It reduced in price that tn
latter would have to abandon the manufacture alto
gcher."-Ib
"Io the southern Statcs--to the whole cotton rc
tobacco, and sugar growing rogon--now so grievous
ly afflicted with the curses of the paper system-t
all this region would say, stu3y he financial histo
Of HoHand, France, and cuba, Follom their erG1''
pie, emulate their solid currency Initiate them 90
Mr.. Benton speech, Jan, l6.
"To the other States would say do ne Ike. - 10