Sunbury American and Shamokin journal. [volume] (Sunbury, Northumberland Co., Pa.) 1840-1848, 1841-10-30
Home xntiu y~.Rec procity OF Trade.

trust an important step in the progress Of The great
national canse which il was intended to promote,
Il rs no sectional interest, the Interest ofsay
particular class which this movement seeks 10 ad
vance. On the other hand il is grounded upon the
large comprehensive basis Of national policy. and
il rests upon the principles which must prevail. If
we are 10 have any resad to the dictates of COM
mon prudence and of sef-protecon in our COM
mercal intercourse with other nations.
The Convention was composed of delegates from
the State of New York New Jersey, Connecticut,
New Hampshire, Michigan, Maryland, Virginia,
Rhode Island, Indiana, Ohio. Tennessee and Yer.
mont. Florida and the Distrc, Of Columbia were
also represented. The Convention adopted as lis
distinctive title that Of "TnE HONS LE,euK for
procal Con.,nerce"--Thc following resolutions will
speak fo themselves
Resolced, That the primary object Of this lloME
LEAGUE win be 10 digest and recommend Nation
al Policy for the promotion Of the general interest
Of Agriculture, Manufactures Commerce and FL
nance exercising a continuous influence for the
benefit ofhe Union, Independent OF sectional pre-
judiccs, aloof from trammcls nndfeo from vasciila-
ting and tcmporizng e1pethens.
Resoire9, That Independent nation should
tolerate any other than reciprocal commerce; but
to receive the surplus products of nations which
fuse ours in exchange is only another namo for
v1sss'aee
Resolred, That tho establishment, and preserva-
ron OF a sound currency can only he promoted by
steady security to Domestic Industry and any sys.
TEN Of currency not secured from ..Sieent chrnges
is liable TO paralyEe industry, pro trate trade and
and confidence, and subject the country to revul-
slons immineniiy dangerous to our welfare.
Resrirea, That the existing laws in regard to
revenue and the presen, Tariff are not only defec.
tive in themselves, as we'll as in The mode of colec.
ting the duties, but by the effect of the Compro.
mise Act will soon become imprac,caho that the
provisions of that act comiog into operation in July
! next, will, 10y a change Of valuation on Imports,
varying IN different sections ofthe country, not only
he unjust, if not unconstitutional, hut by encoura-
| gng frauds and nes,ecting countervsing res,ric.
lions will sacrifice the honest enterprise, industry
and pecuniary RESOURCES Of the County
Resolved, That in any adjustment Of the Tariff
for the purpose of Revenue, due regard should he
had TO the protection of such articles may render
every portion Of the country competent to supply
its own wants from homo resources in time Of
War well IS Peace.
A Committee Of four appointed to prepare
an Address to the People the United States SET.
ting forth the views Of the Convention.
There two leading ideas indicated hy the ii.
tic adopted by the Convention and also set forth in
the resolutions. The first is that Of protection tc
American industry in a board national sense, a.
TO tho nature and development of those native re.
sources which Providence has bountcousiy be-
slowed upon this land but which, thou, due en-.
couragemcn, on the part OF the Government are
likely TO remain hu, partially improved and subject
TO the depressing influence of for, ign policy.
The second relates to reciprocity Of rale as The
same is connected with an equal and stable curren
cy. This principle stands on its own bass we.
as the other. 1t assumes the pl lin ground tina, !
we take the commodities of foreign nations they
must take ours in return. We cannot affpri TO ab
sract coin from currency 10 Fay for fereisr
goods Yet unless our commercial regulation,
guard ag rins, it, the coin ,cW go.-Such has beef
the case for some years p,sl-snd such is the cast
now. Hence the arrangement of our currency
hence the diminuton Of specie bhsis, which ha
become so weak and narrow that it will with diff
Guilty support the supcrslructurc Of a redeemabl
currency There is no need Of roaming here ant
there to find out the causes of our financial diff
culties The simple fact of the continued expor
latons of specie shows cause 'nough-especlal.
when i, is remembered that these expeditions g.
pay for foreign merchandise for which paymen
will not be taken in the staple productions Of ou
country. Ii England and France would receiv
fair terms our -four, tobacco beef, bacon, lumber
&c. we might indulge in foreign Iarities, if W
chose to do so, without fear of hIinging fevusion
and embluassments upon the counTy.-But th
case is different we are permitting one>sde
irade--a trade of commodities on the part Of fol
egners nnd of specie upon ours. II is qiitc tinC
' that Congre understand This matter. They woul,
: not appoint Committee at the las, session 10 in
quire iuto the subj Well--ths subject vi
come to them, and it W i'll command their attention
BakimOrs .4nsricda.
d PHILADELPHIA MARKET,
J. BicKsELL's REronTEa, Ocr. 26, is4I,