Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1842-12-20
NEW sERIEs.-VOL. III. No.2l,.

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house the goods imported would swai,
the demands of the market, and their is.
sues would be governed by the 6xed
principles Of demand and supply. Tins
an approximation would be made 10
'leadiness and uniformity Of price which,
il aitainable, would conduce TO the deci
ded advantage Ofmercantiie and mechan.
icsl operations.
The apprehension may be well enter
tSined that without something TO amelio.
rate the rigor OF cash payments, the en-
tire import trade may fall into the hands
of few wealthy capitalist in this county,
and iE Europe. The small importer, who
requires all the money he can raise for
investments abroad, who can but i'll afford
to pay lowest duty, would have TO sub
duct in advance portion of his funds
in order 10 pay the duties, and would
lose the interest Upon tho amount tn Us
paid for all the time the goods might re.
main unsold, which might absorb his prof
its. The rich capitalist abroad,as well az at
home, would thus passes, after q short
time, an almost exclusive monopoly Of
tho import trade, and laws designed for
the benefit Of all, would thus operate for
the benefit of the few, result wholly un-
congenial with The spirit Of our institu-
tions, and anti-republican in all its ten
denotes. The Warehousing Syste EN- would
enable the importer to watch the market.
zad to select his own time for offering
his good Cor sale. A profitable portion
of carrying Lrade.;:: articles entered for
the benefit of drawback. must also be
most seriously affected, without" +hs a.
dortion Of some expedient TO relieve the
cash system. The Warehouseing system
would afford that relief, since the carrier
would have safe recourse TO the public
siorehOuses, and might, without adVanc-
ing the duty, reship within some rsasOna-
BILE period TO foreign ports. A further
effect Of the measure would be TO sup
ercede the system of drawbacks, thereby
effsctuaIly Protecting The Government a.
gainst fraud, as the right Of dsbeRture
would not attach 10 goods s(ler their with
drawal from the public store. ey a. a..-
In revising the existing tariff Of duties
should you deem it proper to do so at
your present session, can only repeat the
suggestions and recommendations, which,
upon several occasions, | have here o'Ore
felt it to be my duty 10 offer to Congress.
The great, primary and controlling in
;eresl Of the American People is union
Union not only in the mere form of
government, which may be broken--but
union founded in an attachment Of States
and individuals for each other. This un-
ion in sentiment and fesling can only be
preservedby the adoption Of that course
Of policy which, neither giving exclusive
benefits 10 seine, nor imposing unneces.
sGry burdens upon others shall consult the
interest ofall, by pursuing course OF
moderation, aud thereby seeking :Ohar-
monize public opinion, and causing the
people every where TO feel and to know
that The Government is CAREFUL Of the
interests OF all alike. Nor is there any
subject in regard ~ which moderation,
connected with wise discrimination, Is
more necessary than in the imposition Of
duties on imports. Whether reference
be had to revenue, the primary object in
the imposition Of taAes,or to the incident
which necessarily flow from their impO.
silion, his is entirely true. Extravagant
duties defeat their end and object, mol
only by exciting in the public mind all
hostility to the manufacturing interests,
but by inducing system of smuggling
on an extensive scale, and the practice
of every manner. OF fraud upon the reVe.
nue., which the utmost vigilance of Gov
eminent cannot effecutally suppress
An opposite cuorse of policy would be
attended by results essentially different,
Of which every inte rest Of society, and
none more than those Of the manufacturer
would leap important advantages. A
mong the most striking of lis benshts
would be that derived from the general
Scquiescence Of the country in It's sup.
port, and the consequent Permanency and
stabilty which would be given TO all the
operations of industry. 1t cannot be too.
often repeated, that no system oil legs
lation can be wise which is tiuctuating'
and uncertain. No interest can thrive
under il. The prudent capitalist wlInever
adventure his capital in manufacturing
establishments, or in any other leading
pursuit Of life, If there exists state OF
uncertainty as to whether the Govern
ment will repesl to. morrow what It has
enacted to day. Fitful profits hOWev>
or high, If threatened with aTuiHous re.
ducIion by vacillating policy on the
part Of Government, will scarcely tempt
him to trust the money which he has Oc-
quired by life of labor, upon the uDcer-
tain adventure. |, therefore, in the espiTN
it ofconciliatiou, aud infuencsdlby nc
other desire than 10 rescue the great in
terssts Of the county from the vortex o
political contention, and in the discharge
Of the high and solemn duties Of the