Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1842-08-30


dicions discrimination, would, | have no
doubt, be entirely satisfactory to the great
majority of the American People. In the
way Of accomplishing a measure so salu-
tary and 20 imPeratively demanded by
every public interest, the Legislative De-
partmen! will meet with cordial co-ope-
ration on the part of the Executive
This is all that the manufacturer can de-
sire, and it would Re a burden readily
borne by the People. But canuot too
earnestly repeat, that in order 10 be ben
eflcial II must be permanent, and in or
der TO be permanent, it must command
general acqGiescence. But can such
permanency be justly hoped for if the
Tariff question be coupled with that Of
Distribution, as 10 which a serious con-
fiict of opinion exists among the States
and the People which enlists in its sup.
port bare majority, if indeed there be
maturity, Of the TWO Houses Of Con-
gress! What permanency or stability
can attach to a measure which, warning
upon itself, giVas away a fruitful source
Of revenue al the moment it proposes q
large increase Of taxes on the PeopIe2-
Is the manufacturer prepared to stake
himself and his interests upon such an
issue?
| know that It is urged, but most er.
roneousiy, in my opinion, that instability
is just as apt to be produced by retaining
the public lands as a source of reYenueas
from any other cause, and this is ascribsd
to a constant fiuctuation, as it is said, in
the amount Of sales. If there were any
thing in this oil Election it equally applies
to every imposition Of duties on imports.
The amount of revenue annually derived
from duties is constantly liable 10 change.
The regulations of foreign governments
the varying productiveuess ofothsf conn
tries, periods OF exciteme Mt in trade, and
great variety Of other circumstances
are constantly arising to affect the state
of commerce, foreign and domestic, and
Of consequence the revenue levied upon
it. The sales Of the public d1main ia
ordinary times are regulated by fixed
laws, which have their basis in demand
increasing only in the ratio of the in
crease of population. In recurring 10
the statistics connected with this sub.
ject, il will be preceived that for a PERI
cd Of ten years preceding 1884, the ave-
rage amount ofland sales did not exceed
s., 100000.
For the increase which took place in
lS34-5 and 6, we are to look at that pe>
cuIiar condition Of the conutrv which
grew out Of one Of the most extraordina-
ry excitemenls in business and specula. :
tion that have ever occurred in the histoS
ry of commerce and currency. Il was
the fruit Of wild spirit of adventure en-.
gcndered By vicious system of credits.
under the evils of which the country is
still laboring, and which it is fondIy ho-
ped will not SooR recur. Considering the
vast amount of investments made by pri-
Vate individuals in the public lands, du.
ring those three years, and which eguall-
ed S43,000,000, equal to more than 20
years purchase, taking the average of
sales of the ten preceding years, il NAV
be safely asserted that the result Of the
public land sales can hold out nothing TO
alaIm the manufacturer with the idea of
instability in the revenues, and con,
sequentIy in the cour.e Of the Govern.
ment.
| take occasion empha,icaly to repeat
my anxious desire to cooperate with con.
gress, in the passing of a law, which,
while it shall assist in supplying the wants
Of the Treasury and re.stablish public
credit shall afford to the manufacturing
interests Of the country all the incidental
protection they require.
Alter all, the effect of what I do is SUBJ
stantially to call on Congressto reScon-.
slider the subject. If, on such reconsid-
Grafton, majority Of twO-thrds Of both
houses should be in favot Of this meas
ure. il will become Jaw, notwithstand-
ing my objection. In case of clear and
manifest error on the part Of ths Preside
ent, the presumption of the constitution
is that such ma jorities will be found.--
Should they be so found in this case, ,hav-
ing conscenliously discharged my own
duty, shall cheerfully acquiesce in the
result.
JOHN TYLER.
Washington, August 9Th, lS42.