Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-11-02
From he P,oria Re,i,,.r-


This subject Che Iarfi,) IS los. sigh, OF l,y Nh,
american people, and our county is doomed 10 zlf-
Ter. The people 1rc QuarrG ing about straws ~ bi a
Ger substance Is eaten out 10y the Wi!y politicians
"o classes Of these are al work. enc Tor thers ives
exclusively, and the other party for thems, lie.
ana partly for the country; but the country nI,,i
has but poor encouragement for prosperity. The
question suggests itsCl to practical men. And what
must ne core Is here nothing IN store f8r Us
WN VIII restore our enterprise as Il ptopicl
The country IS in debt To foreign nations some
huhdrcds OF millions; The In'CIcsi rs increasing the
amount daily the government is borrowing money
10 pay The debts OF the last administration, ana viii
nave 10 keep on borrowing unless the imports under
twenty per cent. duties shall furnish su Efficient r..
venue to pay tie current expenses; and to do th-
TO meet twenty or tweRty-Gy millions OF eT1enHi
iure, we shall have 10 import goods with the fee
artlc es now exempted, TO the amour, OF one hum
drod and fifty millions. Our importa,lons for n,nc
years past have entaicd debt on the country of 1--WE
huhofed millions, and the compromise act will IN.
crease u, u we cannot pay the interest or prnci-
pal ana we shall pass over 10 tho special care Of
Great Britain. IL IS well known that the usa ,e of
The British merchants Is TO undervaIue their goods;
so That under al Vaorcm duties they en- run in
iheir goods without paying the real duties. A.,
thelF goods have been invoced TO other nn,o,s
as well ss ours, they have been unjcrrntcd ut
ieast one third which would take probably two
hundred millions Of foreign 4oois alias foreign Ia.
Dor, that the government can save huic cut for
thor use.
The south are preiudcel aglius, northern inter
ests and want to reduce the ycnmnurv 10 n level
with their slaves, and arc willing 10 suffer them
selves rather than the manufacturing states shguid
have the markets.-Yos, they had rather srnnrrt
old England and throw themselves into her nfms.
than not rule the country O. thew nave dou, Al.
though they have suffered more than any mart Of
the Union, this weighs nothing with their nolifirps
so long as they can run IN debit the Eastern STATES
and when the evil day arrives, by der own fYr
ptude they only draw themselves into their shells
and refuse to-puy.
The crisis has arrived when tho psnpls sbou.J
arse IN tho majesty Of their Strength coil mcotno
IN every town and precinct in the country. b,for.
'hc next congress shall convene, and tell Congress
% protect the interesso Americans by prospective
lhlU H'l u amounts 20 prohibition on tho great
staple articles Of manufacture as nothing cIsc ,yll
Tree mo country from dc bt oud insure p.osprri.v
bank will not make money and all the insignificant
Whns about things Of minor inheritance sinks into
perfect contempt IN the view OF hgh-miodsd ,rd IN.
ie.isHnt statesmen. We must demand perfect pfo.
scc'ion o. the hands Of our Legislators We mus,
smut out OF Our markets three Jurlhs Of the 0lr5rsd
Eoo1s. mnnulicture our own goods, pny of our in
dehicdness, and % uhcad. Nothing but "A proeuer.
i've protective tariff can keep this republic together
ten years. Remember that. How arc We ,n Inc
lIcrI rom our dobR Can VIC cxfinruish 10 bv f,Ur-
SUNG the plan wc have followed for the last spLt
yeafst have we not got into debt some hundred.
0i W'Iionsi Let US ioks rerosrgrtiye veyy Of tho
affairs oi the nation and SEQ what conclusion ".
shalt arrive az. In 1928 the hirh tariff Ina, os ID
was called by the oppos,rs oi tie sys.sm. vs. en-
Rc'ed, ahI continued uii 1882, when revision took
L,aec, and in 1888 The compromise net wngU1,.rd
Inc Government pad OF ct debt Of two hundred
nrd eight millions, and bad in the trs,sYrv ,b,,
seventy millions, and was go rich and pr0grrrpt,
mat u could sclrcy find O. way 10 di,roso of tb,
surplus, when the hue md cry arose about t,r.no
the people, and The President and his Srrref7r,
were anEously engaged 10 relieve the moor ps,ri
rom these burdens. South Carolina in aims rs,,1.
NC m'nuiaciur'rs, backed by the party, Prcsiicn,
/ onl Cabinet, cautod tho compromise act
Wen then, VIC will now see the effects ON "a,
| poor people, government ard country. Tho ar
was 10 deduct ten per cent per anpum on the duti.
lI IslI, and then half the duties 10 come Of am,
IN l5l2, every thing 20 be hHod al twenty nor COO,
Let it never be forgotten that afer we LS mad ~,
our national debt, and had tho LARGE sr,pfp. ,n ,
treasury that the tariff law was so opcrativ. In ,,,
favor That exchanges 50 fell that instead of our Sand
Ing specie obtained hy other trade To Great b.,
tam, We brought it home md our country .n
banks bod an abundance Of H. so that oil the I1rk
Paid u at Their counters, merchants and f7rmer.
mechanics and manufacturers paid their debts or,
specuatorsnnd people generally had money cnoyg
TOT Wsf business purposes. Tho government an
VIC people were nll prosperous and hippy together
now let US see how The people were bcIped L.,
taking away the protection Of 1893. Ia a., COO,
mcncement OF the operation of the compromise ne,
by Which. will DO remembered, ten per cont. ,g,
taken OIL the duties, IL was scarcely ojycrv,bIc hu
the tide began 10 operate IN n lev yoars rotlrr rs
SLOW poison, and IN 1884, when one half tho pro,ce
ton was taken OF, what 90 We experience 2 III
government bankrupt merchants mostly fiiIing. ~
country N debt five hundred millions, and the DEF
increasing banks susponding all over the country