Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1841-04-29

i
attention to what falls under their notice.
--Blakey's Logic.
To Farmers and Planters.-Did you
ever reflect, that our country must pay, in
The products Of its own labor, for every
thing it buys from another country? Do
you not perceive, that it is your grain and
cotton and o,her products sold abroad,
which pays for every gallon Of French
wines brought into this country?
Did you ever reflect that, inasmuch as
other nations, also, have no means OF pur-
chasing but the products of their own in
dustry, if we buy nothing Of them they can
buy nothing Of US?
Do you NOT perceive, therefore. thai
duty on French wines, which, by increas-
ing the price, will diminish the quantity
consumed, and of course the quantity
bought 10 France, will impair, to the ex-
tent Of that diminution, the foreign mar
kst for your own products!
Do you not see, that if the duty were
raised so high ast to put stop TO the con-
sumption Of those wines. it would cut off
that part of your foreign market altogether? ?
Ought not proposition to increase the
duty on French wines 10 be considered and
called proposition to impair or destroy the
foreign market for the grain, cotton and
other products of American Farmers aud
Planters!
And can such proposition have even
shadow Of an apology in any prelence that
it is 10 create a market at home for these
products?
Farmers and Planters, reflect we'll on
this matter and let your conclusions be
known, for new SET of Tariff Thinkers are
soon to assemble al Washington.-Ken-
dalrs Erpositor.
The proposed duty on silks is subject 10
the same objections as that on wines, so
forcibly condemned in the above remarks.
Those duties are so much in addition
be il remembered to the presentburde Of
taxa,ion.-They are not proposed in lieu
Of any present lax on articles of necessity.
They are an additional burden to rich and
poor.
Mr.. Wise and Mr.. Rhelt have shewn
how trifing are The French duties on our
trade, which these lis pretended are meant
to counrervail.-Their duty on Sea Island
Cotton heing the same as that on Upland
is merely nominal-it rs so small.
The true purpose Of these proposed du-
ties is to raise surplus for distribution. II
is to supply the resources Of the perpetual
drain which Mr.. Clay's bill would open
from the Treasury. Will the South con-
sen. to he plundered by such indirection?
Charleston Mercury.
Rates of Tnterest.-The following are
the rates ofinrercst in the States aud Ter
ritories ofthe Union, together with the pun
ishment Of usury.-It is valuable state
mcnt. and should be preserved.
Maine, 6 per cent-for(eit the debt or
claim.
New Hampshire, 6 per cent-forfeit of
three times the amount unawfully taken.
Vermont, 6 per cent-recovery in ac-
tion with cost.
y Massachusetts, per cent-forfei, of,hree
asssgss.sIry.
Rhode Island, 6 per cent-forfeit o. ,..~
money and interest on the debt.
Connecticut, 6 per cent-forfeit Of the
whole debt.
New York, 7 per cent-fo.fsi. of the
whole debt.
New Jersey. 6 per cent-forfeit of the
whole debt.
Pennsylvania, 6 per cent-forfeit of the
whole debt.
Delaware,6 per cent-forfeit of,he whole
debt.
Maryland. 6 per cent-on tobacco con-
tracts Sper cent. Usurious contracts void.
Virginia. s per ccpt-forfeit double the
usury taken.
North Carolina. 6 per cent. Contracts
for usuy vo.d-forfeit double the usury.
South Carolina, 7 per cent. Forfeit Of
interest and premium taken, with costs TO
debtor.
Georgia,s per cenl-forfeit of three times
the usury and contract void.
Alabama, S per cent-lorfeit of interest
and usury.
Mississippi, S per cent-by contract as
high as lU--usury recoverable IN action OF
debt.
Louisiana, per cent-bank interest 6
-conventioDal-as high as l0-beyond
contract void.
Tennessee, 6 per cent--usurious contract
void.
Kentucky, 6 per cent--usury be recover
ed, with cost.
Ohio, 6 per cent--usurious contract void.
Indiana, 6 per ceut--on written agree
ment may go on as high as 10-penalty Of
@sury fine Of double the excess.
Illinois, 6 per cent--lhree fold amount
Of the whole interest.
Missouri, 6 per cent-by agreement. as
high as 10--if beyond, forfeit of The whole
interest due, and of the usury taken.
Michigan. 7 per cent-forleit Of the usu-
ry taken and one-fourth the debt.
Arkansas, 6 per cent-by agreement,
any rate not higher than 10. Amount of
usury recoverable, but contracts void.
Florida, 8 per cent--forfeit of interest
and excess in case of usury.
Wisconsin, Z per Gently agreement not
over l2-forfeii treble the excess.