The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1842-03-24

.ei really sIs.
1. Tie 6r.s prinrills .. dat theFe
,h..sId b. lixed rae a Al Eslaisn duty.
ana discriminatory b los l.
II. yhs, lie e1ress uf iaiy beyond
tEen.y per erni- shasila. hy gradual
rrors.s. eommencing On af slsi lisefm
her. 1889. be Isducrd. - that BY ihs SON
Jans. 1879. Il shosld BE- bioughi dewn 20
laenay rrs cant.
III. Tlai. aflrr hat day. sueh dustes
sEonli e laid Cor Inc Pu'Pass u t.is'ng
sncli lrssnas . mig = b. nrsesssry far an
economical ADMINISTRATION 81 he gasern-
mrru eon.sq aenilY rxeinaing 81 resort
20 illr,nsl taxation. Or % he rroeseds OF
The Rall,e Lads. For. e.lemPorshe"us-
" anh ,hs prpdsncy q The compromise
set h.ll sss ending iar ll.e distribution
Of ,hass proccsd..
~. That. sllsrihe 30lh June. isf2.
N duties sheuld Re pail 10 ready noaey.
10 ,hr exclusion VI III eEefiis.
Y. That. sfler ihs sane day. ihs -
ssssnsn, Of ,he value 81 II Imports should
be made Al home and nj sbrosd.
vi. Tia. slier The sane day. l,si oi
ARTICLES s,se.6sd and enumerated IN ihe
scl should be admitted free at dnly, Tor
lhe hensil II he manufacturing interest
These sre tie irnripies. and al The
pfinriilss. 81 The camPfomise sr,. An
impression lad been I.ken up m"st srro-
nson.ly lha, The rae 81 duty was never
20 exceed twenty per cent There y no
,ueh Iiailalien 20 he act. i admit that.
Al III. lime Or The ps.ssse II he aci. =
hole sss entertained shat rate OF dn'y
nj exceeding twenty per cent. would
.urpiy an ad,qua revenue - an eeo1o
m,r.l sdninis,fsuun Of The government.
Thsn ws srre threatened MIh that over
4 ~ II lsyesue with winch The Treasury
was .lhss qushils Inundated; and he Jli
ficuIly Vas 10 fiad au,cles Which should
be Iihsrsed from duty and lhrssn inic
the fse class. Hence wines, silks. sni
ulher luxuries were rendered free. BnI
no, lie sei. and no ART Of The arl. when
fairly Interpreted. limits Congrtss % the
iran rule Of a.ihenng loieser, and under
. l Circumstances, 10 fiard and unsliera
bic rae 4 twenty per cent. duty. The
iir.l srcilen IS ii The following words:
BE Il snacie,l. S.r. That. f"m and
.Iier The lh,riy .lilsi DIV Of December, "ns
,hnusand right bundled aud thirty three.
IN Ill casrs shtrr duties are imposed on
foreign imports by Tie sel 81 Tie Tour
;eea'h ,iay 81 July. one Ilr,ussnd eight
hundred and ,hiry.lwn. emitted A sei
10 .llsr and amend the several scls irp0s-
lns duties on imports m sy any o,hsT
acl, shalt exceed Isrnly per centus IN
the y.lue ,nrreuf. one unlh P.ri uf such
excess shsll be Lrdue ed; from and sl'el
lie thirty hrsi day vi December, onr
Thousand eight hundred aud tliitly-f e,
snnlher ieniIl part thereof shall he dsdUrr
ed: froa and after Tie ihitiy-iir,I day d
December, one Thousand eishl hundred
aud ,hnly seven, another tenth pIri there
III .h.ll be deducted; irum and alter h,
thnty>hrst dsy or tgrrrwgrr. Gus moU'
sand eight hundred aud thirty. nine. snO,h
er Ienih part thereof shall be deducted
and iInR and alter The thirty frs, Of DR.
cember. Que .houssni e,gh. hundred arc
inrly>one, enc half Of The res,dJe of such
excess shall be deducted; and from ant
alter lhe thIriielh day az June. one thou
sand right hundred AMI furry iwn. The 9th.
er hall thereof shall be deJGcItd."
The pts.i.ioa of that secnnn - unlhin.
more NOR less Than that the sx'suns dnie,
should b., BY the 30lh June, Is42
brought dawn 10 taen,y PER cent. Whs
'hcnl We're they always 10 remain al
iEai r2lel The srcIian does nm so de
clare. Notonly is this naIrxpecied, and
Vas not 50 underslond. bn, dneclly the
reverse !: asserted, and was 50 understood,
II the exlgeuciss vi the Il elsutS required
a higher rate III provide lie re enue me-
ce.ssry 10 an economical administrators
&c the government. The thrd serllon
which embudiss most of the great pin,
clplrs uf the act. Is in these wurd,:
Sec. 3. find be IL further enacted
That, uniii tie ,biHeth day of June, on,
thousand eight hnnd sd aud furls-rw"
the tlumes imi o.rd by existing la~s. .,
mod fed By this act, shall iemstn srt
continue TO he collected And, f,am an,
slier tie dav Last aforesaid. all duties M
on imports shall be crliec ell in read,
money; aud al credits nov allowed by law
ia the payment ~ duurs. shall be, al,
hereby are, sbolishe,'; and such duie,
shall be Ind lor tie purpose Of rsi.rn!
such TeveEu- as may he necessary To ~
tcouumlc~l admins rtti,n af ,Ie govern
ne. I; aud, from aaJ aiirr the d " las
si"ressii. tie duties required to be rait
by law an gsniis, warts. and mrrchaa
disc. shall be assessed up'a the vsIu,
thereof at the port where the same shat
he entered. under such regulations as ma,
be prescribed by law"
VIVA. is The meaning Of this language
Can any thing be more exI ltcii or les,
liable to ml,conespi!ou! II contains Nv,
ob,g atinns. The liis il. that there shall
be an tc1nsI.iral administration OF III,
gnGernnfcn M waste, mn pxiravagsnce
M euuantirtlug nf rim p,hIt,. tn,,nav