Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-03-18
srEEcH OF HON. H.A. WISE.

What then, are those snpulatons or restrie
uons
4. Inc htN seems 10 oe' tnN teuueton' "
insta menss, o' 'ne 'ormes rae OF uutes, when et
eeedins W per cent, should iorthwnn commence
sno continue umn'er1pteo un'l' July Isl, Iof1, 50
tha' wheh .nat pe'ou arrives, 10 49," ~
s"outu eSceeu 80 per ee"'- nv 'e - r
ths act explicit upon I'M, poIn'. nen0e, ueie'
or repeal as some nave prVPoseo' 'ne t"o 'e1oc'
IONS now remaih,ns, ano w. az - ''Ae enc e
IN i9'z, wou,u hveP my So 'u'" ~
Pa' cent anu ''I, " - -, 80, , " '"'S So gu,
val P'o',s'ee".. 80 - - e.. SOU ~
e ueuSsy ~ "e AZ, ,; NJ "" VI
aSt Nou'u a!o" " DC supp.'eu W oine'en'
y, oe'a , .n's ;I 80 49, ~ SUI gu
, ', "o, , ~ - 'e - Pt.L
nNsa.'5l "e ~ 80 - ,sas IS. 49,, ~ ~" :
1, w "e' " 90 -" 'uy' 'S'-' N'' '"yS'' '"
-, eur u u ~ pe' 80 ~. 49,: :;
~ win DC seen, no~e'e., 'na1 .h's PIo'ls,oi
o"''''s seSV"u 60 s y "."s a,y 80
son niue oe'o,e io-, w u" y, N'e 90 %.
~ o''y SUI" "'''S'S - fN' N' ' ~ ~
@e NJ ~, Ii, ,:.,: - -
. ine "eN. a"u '''I 49, 49, y" .. 90 s
=, ~ ~ $500, :S -. ;sS.s-;. - - -. a., ~
p"pSSsS e 80, y, -, - r. on 49,
- o' eo'' 49,, " 49,, -
,S, -, =. " 80 ~, ~, ,,N ,,,.h i. ,seiI,,
s 80, ,I. sTh. -. 80 u, CT ~
., III, o',s' ~, p go, IL -. w W. -
80 see'' " 20 - -, -, 80 80, ts L
80 100 LII H. t,.a r. 90 sh ,.n,a. :. -, =,
sxs..s -, - ~ ~
sSIvh ~ IJ L. ,,,.a a.. ,o,,.. ,s;,, ;,:,,
- I:..;..,,., - . -. e 81 - - 4,
s''s ,.SIs a., III ~ e., -. ~ I".;. a.,
s' - ovan,. -, 10 1911 - r.
-. SLu - n -, :, - h.Ii.v.d ,La, - -
-. ..s. r.. i no IiL.I;hood oc Ill >. -.
~ ocsmr1,x in , ner;oa oS ne,r.
a., 49,. ,;.,;o, s,ionos.d 10 h.,. L..,
- :: -, 20 : ,;'o ~ 80 A.. - o.r,,o c
g. 49, an Isio ;o.,..d Of hsf,,e s,,II as n ge,.r
al - - - 49,. J,,,;rs ali n. tb.p r,i,.J , nov.
,,y.n,,, 90 go, 'rhus The close of the sth sect;op
r,ro;d.l ,h,, Ill mnorts- ON which the Ist section
oC this ., ~, az opera,e md al articles novy admit,
ted 10 .n..r fss from, Gu,v or having , Ie.x rate
nj dntv than t,yentv per cent. adj yaioren beCore
the sid sOih Of Junc 1912 from and after tha,
day NAV be admitted TO entry subject 10 such du-
TO M, exc.,d NO txentv ner cont AID v,loreu a,
~. All n. nroy,d.J hy Law oh, NOE could tben Ia.
made Al MEASURE from twenty per cent down.
xv,rds IN ent;re f,eedonn from any impost. but no
increass was 10 he psrmitted TO 90 above that rate
Indeed the inference would seem TO be- that the
romnroniss was intended TO pr.yent any duties
f,om being assessed, even after 1912. exclusively
for the nupnosa of distribution or protection wheth
er below or above twenty per cent in amount: be-
rause clause IN the Sd section proydes that after
1912 tdue. sh all Ice aid for the puTpose of raising
surh rsveoue aS NAV lie necessary 10 an economi.
cal characterization al the C;oyernmenf' lint s silent
r..,rn;.;,, or .orrt,o,;pg ~ ,,,tbor,y IN do
:, ce - e,-,,o.. 1-h.o7-,;.;,, -. ., -.
- -. - 80 -, dsn;.., ~ ,,r,o,inI sr,, ,,,sr -,
- g -. -, -. - =, - -. - ,ess.,y 81 :,
80 80, -" 49, y, Ga :; - -, - -
.,s H. 81, - cnn,,;osd in ,b,t ins,r,n,,n,T g.,
-; -. 4, ,x,r.,n, IN ir,no.e ,b.,, TO- III
80 i; ,,t, I;,,, +. nd s.n.c;,II,, ~ tic o,.r,,,,
Of su.h nne,,,,. ,,oarentIy nndey q, as.rI,sJ 49,,
tho,,,, - ~, s,ri - 80 deIir,,s and ,,or,.o,,,.
-. n,'yiL;5 - ,.r.,,o, snorId ,end "a so,;h 49,,
,c,I,r or s-c,nnS n, tho er,en.. Of oIho.s
l. - 49,. IF - as ,,,,cb :, s,,.,.n, 80 ., $3.50
=. I,nd a., ,,smn,.y mr. dir, ,,r 81 80,
KIND. and !, chiefly dis,insuishab,e from Tbem nv
-, -. hi. I'D I.ss oi,,o,,o,,s ., a., -
IT, so;r of ~, J,,iss bs,eafIe- 10 lo,, 80
So ',.,oCors dsSir,hl 10 the g,e,, 49, IS -
moo. bs.,,s, il was con6nine i,Yes IN low 81,
l. o.. C,,,ber snnnoSed without douht ,h,, ,LoL
como,,a,,y.Iv low thew would Weld viii ,he OH
a. oidn,rv rs.sip,. an amoIe s,inoIv a. r.vsn,,s e.
,,ch an .c,onoor,c' ,jr,ins,,,,ipn - !. oo,sn,ia-
led no This s.c,ioo Of the act,
81, il also orob,ble that MANY sopnd n,;,c;rl..
nj no;,ic,I ssonomv and ,nu,,,,I 49,. -
nerm,n.nttv the tariff controversv un,,ed IN rcr
su,de Compress not onlv 10 reduce the dutis. our
b,I ~ nrov,de ,bat th.v shouId eISsys IA. ~,
Iozs, In ,oust have been f,rese.n IN - his ,yo,d
avoid m. useless vae,lIatinn n not E,lIv Of f,,
dio,inish,no "a The Duties 10 twenty nrr cent bv
IsI9 ,ruI s. view, afterwards of ,y,in i,,rnodi,,.
Ia, r.,s,og ,bsm ,hovs n. II wasosvion, 100 ,I.,
bv ke-ni11 the in,oosts more reduced the t,rI
sand onsr,te more ,dvantageousIv To free tr,de
49, announcement Of teoiPcoSll iaVors abroad
BY eonhnng, IN substance, any future change 10
purposes Of revenue alone, and within twenty ner
cent Instead Of wide range Of thirty, fifty, eighty,
and even more at times previously N Practice and
frequently for protection il would likewise jnoa,t
greater permanency and prosperity even 10 manu-.
featuring and with that 10 all other description, Of
industry. Il is we'll known, from recent perience
that such stability in our system Of duties would
be better for the manufacturer as well as the
merchant and the community at large than even a
higher rate, exposed to constant cha ng.s; because
in the former case, intelligence and foresight could
make more accurate calculations for the future; a
more uniform Thrift. a more regular reward 10 in
dustry, and a higher tone of moral feeling. uouIJ
every where take the place OF constan nj uc,ations
mere gambling speeulations, and a dangerous over
action from renewed hopes Of high profit. often 80
very fallacious Business and the currency vVouls
then be steady, and De regulated a,thev .bsuId he
Father by The great laws Of trade than ty banks a.
politicians. Nor IS this permaEency injurious to
re laborer and artisan any more than to other. as
trades and regions Of this country are omen ~
erprise; and a larger share here than abroad Of
income IN any one branch Of business must and
should uniformly 90 10 wages rather than CAPITA. or
tie workman viii, under our free institutions. oui,
II for NOR. lucrative employment On the contrary
II an unusually large share 20 to him for time IN
any particular pursuit or p &C. others will soon In.b
in PARTICIPATE, and reduce IT, by competition. even
below the average Uniformity and steadioe,s are
therefore not INJURIOUS 10 any, though engaged in
labor or manufactures but useful TO all except the
mere speculatiEg classes.
1.-TWO o,her restrictions exist in the 80 section of
she compromise act, which seem to have been m.
tsHdsd more especially for the benefit Of the manu-
facturers and o. the revenue.
IS. One Is, that, after June, 1912, AL duties on
imports shall he collected 10 ready money and all
credits now allowed by sw, N the payment Of do.
ties, shall be, and hereby are, abolished This was
regarded, al thatilme, as change likely TO be very
favorable 10 the manufacturing class, Ivy maxim the