Lincoln telegraph. [volume] (Bath, Me.) 1836-1846, 1841-07-22
Original Correspondence.
OTsEGo Co. N. y

Mr. EDITOR The friends of good, sound
and uniform currency in the interior of the EN-
pire State, (and believe it is the same all over
the Union,) feel alarmed at the aspect of things
at Washington. Here, the friends of a National
Bank are any thing but pleased with Mr. Ewing's
Proet efa Bank Nor do they feel much more
complasant to the amendment Of MIR Rives,proP
sing to far modify the bill introduced By Mr..
Clay, as to refuse the bank power to establish
branches in the States without their consent
Indeed there is but little hope but the bill of Mr.
Clay, so we'll calculated to meet the exigences
of the country, will be far modified by the
hairs splitting ''ubstracti0nists' of the South, as
totally to destroy its power to do good. The bill
of Mr.. Clay completely realizes the hopes and
wishes of the Wings of New York, and, believe,
of the country generally. And it would be far
! better that we had bank than to have the
country tantali2ed with that shadow Of bank
reported by Mr.. Ewing TO concate the favor of
Mr.. Tyler and few southern Wings. This is
the feeling, believe of the friends of the Ad-
ministration generally, if they Only had courage
to say it. And should Mr.. Clay and his friends
in the Senate persist in theit plan Of giving bank
not $hadolc Of banh, they will be sustained by
the great body Of the Wings of the Union, in
spite Of all the cavs of that puny band Of sim
/ proctirobies, lead off by Mr.. Rives in the Sen
ate, which threatens to defeat the hopes and com
pletely destroy the political prospects Of the Wing
! party.
What do the Locoiocos of Maine think about q
Tariff about these times What do they think
about the prediction made by the Argus IN the
year 1923, that if the Tariff should continue, the
birds would roost or the yard arms OF our vessels
| Did that prove to be the under the full iniu
cnce ofa protective Tariff? Or is not more near
ly the case NOW, when the Tariff nearly destroy
ed But that was about good political philos-
ophy as the Argus, or the party in Maine that it
! leads by the nose, ever promulgated. The Tariff
IS destroyed, and with it the prosperity of the
country And till another is instituted, there
cannot be return of prosperity Foreign ports
are barred against the Introduction of the prod
ucts of American industry, while ours are flung
wide open to all and every thing that other ma
tons may wish to sell US. This ruinous policy is
becoming correctly appreciated by all parties in
this State. Locos, as well as Wings, are sens-
BILE that the Government mast afford greater
protection to the American producer of every
| kind, before we can look for return ofprosperi-
ty. Wool is the great staple of many counties in
this State. And the article, the very best that
can be produced in the State, or in New England,
will not command but 35 cents pound-whe
the same article, while protected by an adequate
Tariff, would sell quickly for rs cents This de-
probation, the wool-grower cannot sustain. And
still, the complaint of the manufacturer is as
great, and reasonably so, as that of the wool
grower. When he paid rs cents pound for wool
he made money, but now when he purchases the
same for 35 cts he does not realize cent for all
the capital invested. And it isjust SO with the
cotton manufacturer. There is not mill in the
State that has made dividend for 18 months, and
never will be able to, until the General Govern
ment does something to prevent the introduction
of the foreign article. And the only possible way
! is BY an imposition of Tariff Duties. The cotton
manufacturer would have suspended operations
long since, were it not for the expectation that
there would be something done by the Govern
ment to enable him to sustain competition with
the foreign manufacturer. The conviction is rap
idly taking hold of the stultifed Locofocos here
that the tariff policy the true policy after all
and that we must return TO it again, or there will