Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-07-01


snGrr the Home valuation will be as high, as The
IF bill now before the House Will run them up
Clay IN his Hanover speech III 1870, contended
D. tner protection wond be as high as 1t ever was
e the Act Of ISIS; which 'no one (he says stands
20 defend" Mr. Tyler also says, that without any
,sonal act, they can 20 on To impose and receive
i. 81 PER ccut. duties they specified in the Com
.4l.e Act Of So There does not appear TO be any
tot hts entertaining such an opinion, because ii
forth IN tie two Circulars, which we publish
,mofaing, from the Comptroller oil the Treasury.
Precious "reminiscences,
e. Ccv iigding ktmSe!t' 10 tic RACK Of PrOmctaeus'
Ee owe our thanks 10 Mr. Aaron V. Brown of Ten
sac. for the speech he has delivered IN the House of
..estuia,yes the 18th June, the Tariff bulls.
We sasll publish II in our next, and thu The world
Sc now ecregiously Mr.. Clay and his Clique with
e Distribution scheme, and their enlarged expendl-
.,. andiher consequent high protective duties per
&c violating The spirit and principles OF The Com
= act Ct ls33: Mr.. Brown goes to the record,
a,ao%> Us by quotations from Mr. Clay speeches
- occasion, !ow stame,essly he has violated his
-ro,e>s,ors, and forfeited his own pledges -
4. afa IN &3) pFoclaims to Congress, and 10 his
e, thu; with the AID Of the gradually reduc
!a'lt', stopping at twenty per ceniun on the
June, l>i2, "the manufacturers would be able
a:, unalded by the GoveJnment, Ito sustain
.s,s.gssj IN competition with the imported ar
., tom any quarter-that, cease all fluctuations
-t4,!cus for nInc years, and the mauuactu.
~ every branch, will sustain themselves against
y competition. He SAID, 'ihlt if this Com
% b. PASSED, we shall have all securlty--,hat
s'y H'. faithfully record the transacton-n
.-; what circumstances the bill passed; that II
psc.!ylH1 measure; that it was OIL poured from
.rr>s.. OF the lnion 10 restore peace and harmony
w. uu'ry. When all this was known, what Con-
's-":Ul Legislature would mar The guayamy'-
81, Us.p, rho entjtied 10 deScrre tic character Of
.n'rlt3a Statesman, tcouid stand up IN las place,
aa.r Hoqse IF Congress, and distnrb tie treaty Of
ant anitg.'
3-: v.at SAID Gov. Davis, then in Congress from
.'- Of Massachusetts, in the same debate on the
@atemse ISL, He proclaimed, that should "South
Una ebi3c by the Compromise (Which sha has
"aad Tie friends Of protection shall Mcn propose
''.-sath,h the Tariff System, hat honorable man
sustain such Il measure &c., &c.
a., jEs ; not all These bold declarations of Mr.
u were made IN le:I3-and the manufacturers went
f 10 Nohf'Sa under the auspices OF his act. When
conducted, they divided handsome profits-(,n
H'y, sometimes IL per cent they doubled the
= 81 sp.aGes until these late extraordinary times
Sic N0u "s, affecting all classes Of iic community
80 all stocks, from those Of the General Govern
o ' laose OF chartered corrorations-and now, the
tnrerS are clamoying for relief, even at The cS-
Of the Farming interest, and especially OF the
f Hey suffering, because they have over
Is aim II every other class has overdone, their
eXcc.d Ding the demand, because the demand
.a.'ec by the Incapacy Of their customers, 10
3. and consume their goods, much they
at'.y dtd-and the Banks are not IN condi-
% yield them lt.cir former facilities and for
r.; :.icis. But let THIS general storm pass by
a'il probably do at very ds,an, day, and
ny under the Compromise Act Will be amply
eat 10 protect our manufactures, If we do not
- al -.
9~entatIon Of duties Can we be mistaken ia
opposition, when we quote The slme Mr.. Clay
q authority for the opinion :-aad we quote MIR.
49,, a7t as he spoke IN 3}, bat less than two years
-1grng tie memorable campaign oi 1910, IN his
-aralcd speech IN Hanover county, when lie pro-
80 20 Pat forth the "rfinc,pes ot tie Wing Party.
AVE that speech before US, in the Richmond leo
~ &" September i, $50, under the title Of "Prn-
p oi The Wing Party, defined by the Hon. Hen
Vay, at Hanover Cout, House, Va" We quote
'"' speech, the following curious extract, profess.
% Oe tue deliberate opinion OF MIR. G., and from one
t most authoritative creeds Of the Wing party that
-''eii ont Ill those humbGg, non-comm,ttal times.
."e Father Of The American System tells US, that
'npromiSe Of - ''met the sanction Of the ma
nat the ~ per cent duty, with all its concom'
''' Home valuation, &c, Ne, would be san AIDE.
tfo'ec'ion m most, II not as TO all, interests -
.a' b" himself vas wiling 10 rest upon the basis,
",e Act And yet this is the very measure which
"' af't u break in upon, by his most absurd and
-"o-ale Distribution Law. Read however, the
W.. X and Judge this party for yourselves:
i"at the policy o! protecting and encouraging
'+.'e''ons OF American industry, entering INTO
. ''0n witil The rival productions Of foreign INDUS
"'4'red to and maintained on The bases Of The pm
a'a I" the spirit If the Compromise II .hdrch,
"'e'"n and national independence are, IN my
H., DC 'rH.c. and synonymous. The primer lie OF
''l'"t o! tae one, caanot be surrendered with
B. '"'flfe o.: the other. VINO, with nst pride
b.. .''".. s"ashil,ty, can think OF subJ"ciing the
% oar industry 10 all the taxation and re-
. -" :ofeign powers without effort OF our part, I"
'S' 'her prohibitions and burdens by suI'aoie
,,'. .'4''ng Legislation: The question cannot be,
-. 10 be, one Of principle, but measure or dc
a1opt that Of he Compromise act, not because
.,g,,. g 'IrPea'atie, bit, because 1t met 'r'M III
.,,.a' y the "attoa. Stability, with moderate anc
Protection, is far more important than instab'lI
Ia. II necessary consequence of high protection
a.,'. protection Of the Compromise act lcW be ate
IN, mast notas to all interests. The t,osnty per
e'"h t NpniateS, cash duties home raiuation, ami
tl 2" JTee articles inserted in the act for the par
,, advantage Of the manufacturer, aciU insure,
e.,i Man, $"tctem protection All together, they viii
r.,,' PROBABLY 10 not less Man thirty per eeni.-"
h. az, tttM Of protection than secured Pri"r IL
IL ,.,g rs, @hteh one stands up 10 defend No"
IA, 'l''h o! i'reg goods IS made not by the Anne
u'nof'y except in suspected cases, but by 10
'''s' and abroad. They assess the value, aud