New-York tribune., 1842-04-07

He stated the total amount Of Manufactures in the
country at sl,795, 900, 900. Pennsylvania alone
ia, an Iron trade Of $2222, 100000, and very
Slight change in the duty would protect that we'll
interest, while any system of horizontal
duties would entirely shut it out. We had heard
mach. he said, of Free Trade-bu; he bad never
Lean able TO ascertain its meaning He went on
TO examine the effcc, of Protective Tariff on con-
.umers. and showed, that b. the influence OF a
duty on the single article Of nails they had been
reduced in price from l0c. TO DC. per ID. Paper.
too, had been reduced Que half. AT present
eel 600 lbs. of the raw material were con-
sumed, and of this l50,000,00Q we're CT home pro-
duciion. If the horizontal duty we're laid, this
would be entirely lost-and, as our rags cannot be
carried TO any foreign port net amsunt OF $1,000,
900, which with duty is savcd-wosld be lost.
He spoke also eff the influence OF Protection on
Iron Foundries. At the close Of the last war. an
iron pot was the highest achievement of American
bu, ne showed that BY improvements
that had been made upon the casting OF iron in
this country we were able greatly excel the Eng
fish in this branch of industry.
He next alluded to the effect of discriminating
Tariff on a Agriculture. The amount of Agricultural
productions in this country nc stated III s l,232,-
685,233. He stated the amounts exported 20 six
ports; and showed that if a horiz ontal
duty should be adopted England would enjoy all
this trade, of which we should be thereby de-
prived With relation to the Mercantile Interest
he said that go, 639 tons of shippins-more than
one-tifth of the whole naval force-werc employed
in this trade He then passed to some of the ar
cuments used By those opposed to 4 Protective
Tariff. So far as the material of paper was
concerned he showed that the six cotton-growing
States received the protection and not the North.
And as much more of this article was consumed
at the North than at the South. the North paid By
far the most Of the duty-thc benefit OF which,
moreover. went to the South. He showed the
same fact with regard to Sugar-and upon this
article he said they stood to the North with refer
encc to protection a; 2S4 TO Il-and this was
and other articles were cited as showing the same
thing.
H e cited the difficulties attending the system of
Home Valuation. Its chief objection was that
whenever we had a prostitution of Mercantile al
fairs every Importer would say, that that tho
time for importation -whrrca, when the articles
were really needed no would dare TO import
them He reminded the Convention that all the
papers to be sent to Washington should be COM
priscd OF statistics.
Mr.. ALvAN STEWART next addressed the Con-
vcntion, in series of most eloquent and forcible
remarks as we have full notes Of his speech and
shall publish them at length as soon as possible,
VIC forbcar making an abstract.
The first, second, third and fourth resolutions
were adopted
The fifth resolution was laid on the table.
The sixth resolution was then called up.
MIR. SHAW objected to its orraignment of the
last great friend of American Industry and to the
introduction into this Convention of subjects so
foreign and SO destructive to the objects it pro-
poses. He cared not what was said elsewhere
of them but he protested against their introduc-
ton He said he should be recrcaat TO the
principles he had professcd for the best half OF his
life if he suffered here or any where the name of
HENRY CLAY to be mentioned us hostile to Amcri-
can Industry or American Interests. Loud cheers.
MIR. C. C. HAYES said that the drawer of that
resolution never once thought of MIR. Clay. He
had the very highest rcspcct-hc challenged any
one to go beyond him in respect for that stanch
friend of American Industry. (chccrs.) The
chairman suggested that the introduction OF any
name must be considered out of erder-as special
eulogy entities to special censurc from those who
chose-aad this was not the purpose Of this Con
vcntion. (cheer..) Mr.. Haven insisted that the
intention Of the drawer of the resolution should be
understood.
The President said that in accordance with what
he believed TO be the wish OF the Convention, he
should shut out such reference TO individuals here
after.
Mr.. SHAW said he had hoard n name deur to
him associated with a name he could not respect;
and hi, remarks had been made with reference to
that violation of the rule adopted by the Chair. dc
believed the sixth resolution would be rend, IT
passed with pain, by the members in their cooler
moments He objected to the use of the werd
reprobatiou in it-as applied to those menwho
had pcrileI every thing in our cause, and JUS
tiled his objection at some lengt:. He moved
that this resolution lay on the table.
Hon HARMAS Denny supported the motion.
He had the best reason TO know that the dislin-
guishcd man alluded to had been acmated BY the
best of motives in the introduction of tho Com
promise Act Thus much he felt bound to say ::
more he could not, lest he should violate the rule
of the Chair.
Tho sixth resolution va. luil on the table
The eighth was ,eadand its adoption moved
Mr.. REED said he liked the language of this re-
solution. If hr understood the subject at all
Protection aoS but another name f"r 1"aePen-
dencc Some connected it with the idea OF Rev
enue; but he did not so regard it. This was the
essential question for which our fathers foug ht
and he was glad to find it now met so boldly at
this Convention When rightly understood Pro
lection would not be han,pered with either Reven-
ue, or Distribution any thing else: the motto
would be Protection for the sake of Protection; ;
and Protection for the sake of independence.
Several gentlemen insisted that this resolution
foreign TO the purposes of this Convention and
that its pledge would rot be observed if adopted.
Mr.. AsAPH RICE from Massachusetts said he was
glad the resolution had been introduced because
1t carried him back to the DAYS when. in the spirit
of patriotism. he aided his fathers blythe adoption
and practice Of similar resolution, in securing
the liberties Of the country. But HI hoped it