Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-02-27

r. more especially for the benefit of the manufacturers
and Of the revenue. ,., ~ It,: - IN.
norris shall be collected in ready money and all creGHs
now allowed by law in the payment OF du,'es shai DC,
and hereby are abolished This was regarded, al ha'
time ms change likely to be very favorable 10 TUE
manufacturing class by making the twenty per cent
in casli operate, virtually higher protection man
twenty per cent credit (as now OF three ana SIX
months without interest In point OF fact, It was' aSo'
4 proyision prophetic as to evils 10 come unuer an -
cessiye credit system nd viii be possessed Oh iuc
mnor,ance in cnring them, and in securing the Co.
yernmrnt and through it, the community at ialsei
raiust losses by credit to merchants ior oules' ""'
IL defaults of collectors, district attorneys ana mar
slals. caused BY indulgence from them IN collecting
bonds for duties. Alter jane, lol. the importers "
ooods WILL in this respect, stand on The same iounoa
1,op with the purchasers of public lands: WINE no
comnIaint can the be made by either, OF favor or dis
r;n,na,,on The revenue will thus be rendered much
safrr and public and private morality improved oy tue
removal of one great of speculation and bank
&c The other restraint requires the duty, after lo42
IN be imposed on the value of the merchandise az he
oort ,,ere the same shall be entered inns VIII render
the twenty per cent still more important 10 hoh the
manufacturers and the revenue, by being more secure
against frauds and evasions and being another virtual
increase of duty the articles as the latter are
usually worth much more here than abroad whether
The value of them here being not uniform at different
ports would if taken the guide in assessing The du'
v be Justly open any constitutional Objection, Is
mt dee med appropriate this occasion to discuss
From these various considerations the following deduo-
tions made: 49,, ;.
"That the present tariff laws should be as little dis.
urbed by any revision possible consistent with the
nubI;c wants. and an adherence to sound principles;
That changes should be made chiefly, II not SOLELY Tor
purposes of revenue; that these changes, when raising
the duty, whether operating before or after July lo42
should, as general rule, be confined TO articles not
paying duty high as twenty per cent that, except
in extreme cases it should raise them above That
rate and lastly that the existing provisions Tor the
payment duties cash. and the assessment OF them,
on the value of the merchandise at the port of entry,
after 1872, are too important to be disregarded
BY the act nj 1852
Isl Certain articles were taxed above 90 per cent.
Cd Certain articles taxed below 20 per cent.
3D. Certain articles made free
4,h The duties above and below % per cent. were
laid almost entirely upon the protected articles.
9Th. Tie articles made free were chiefly, almost
wholly, of the unprotected class or luxuries.
Nv the act Of 1885
ls The duties above 90 per cent are to be reduced
by june 1912, to 90 per cent
ID Certain specified articles, entirely OF the unPro-
) tected Glass; are made free.
I'd The duties articles, except those paying
less than 20 per cent should be increased prior TO June,
: 1912 and those duties should be increased to 20 per
cent. only.
, 9TH The duties articles whatercr SHALL inter
, June, lS42, be raised ab0re 90 per cent.
9Th After June, lS42, the duties all imports on
which the lst section operates all articles then ad
mitted free and all paying less than 20 per cent,
NAV be laid as high as, but no higher, than ~ per
E cent
9Th After June 1912 all duties shall be laid for the
purpose Of raising such revenue may be necessary
to an economical administration of the Government
And this last i, the great and leading principle gained
by the antaritf party in the compromise: ls tariff
for rerenuc only; Cd. Only much revenue as is ne
ccssarv 10 an economical administration ofthc Govern
ment.
Such Sir are the great leading features and princi-
Piles Of the great compromise al 1888
By these features VIC easily distinguish The divi-
DIM lines between the North and the South in 1888
Here we can see that neither party got lost all BY
the debates of that period you easily find the ex-
tree points for which the respective parties commended
The resolution Of Mr.. Hayne, VINO was truly the
cbampion of the South and his able commentary upon
it show you what the anti-tar party commended for and
agains!
Ist For tariff for
ID For reduction Of revenue TO the wants of the
Government.
3D. Against the constitutonality Of tariff for pro-
tecon per Sc admitting however, the power OF DIS
eliminating duties for revenue but contendng Tor an
equalization Of duties upon the protected and uDProeet-
cd class of articles.
See volume 9Th part ls OF ConSresSonai aeoates VI
1881 and lc32:
"Ajondnu. January 16-Thc Senate took up the fol.
lowing resolution, submitted by Mr. Clay on the 10th
; instant:
"Rcsolrcd That the existing duties upon articles i'm
ported from foreign countries and not coming into com.
netition with similar articles made produced within
The United States ought TO be forthwith abolished, ex-
cent the duties upon wines and silks, and that those
ought 10 be reduced; and that the Committee on RI
nance be instructed to report bill accordingly.
"AIr Hayne moved the following modification OF The
! resolution:
"Srke out all after the word countries, and insert
as follows: be reduced that the amount OF the pup
It -l..I. IaFro Tho o. q
Government according their present SCALE after the
payment Of the public debt; and that, allowing rca-
sonable time for the gradual reduction OF the present
e high duties the articles coming into com peiton
i with similar articles made produced within the Uni-
f ted States the duties be ultimately equallzed, SO that
the duty on no article SHALL compared with the value
of that article, vary materially from the general ave-
h rage"
Such were the rival propositions; and reference 10
the speech of Mr.. Clay at the ne will show the poll
cy which the tariff party commended Tor. January ~
y 1882, he said:
i Although it may be mpracticable to say what the
exact amount Of the public revenue should De 10! .he
future and what would be the precise produce OF any
given system of imposts may safely assume that
the revenue may now be reduced, and considerably
reduced This reduction may be effected in vario is
n ways and on different principles Only three modes
: shall now be noticed:
ratio without regard to tie principles of protection
"2d To retain them on unprotected articles, and aug
ment them on the protec ted articles.
uAnd I'd To abolish and reduce the duties on un.
protected articles retaining and enforcing the faithful
! collection of those on the protected articles
/ The first two modes he opposed and the third ne
supported equitable and reasonable taxing Parlca
lar care not to notice debate, however, ourth houe
TO abolish and reduce the duties on the protected ara
eles and 10 rstan and if necessary to augment The du-
ties on the unprotected articles, or "lururies as they
, are now caed-the mode for which the South con-
tended.
the protected articles and made contrary to the will OF
the South, most of the unprotected articles or uxurs'
free.
/ Then gentlemen of the Tariff party resisted the du-
ties upon "lurures in order to retain those on he
tected articles Now they wish nothing so much
as "luzures" Is it their object to lay tax on
uxures in order to have petext for increasing the
duties on the necessares of life Sir, can any man