Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1842-12-15
[WAQLE No. CO.

! nrHi Eject winch II wudld produce would be
/ to protect the market alik" against redundant
or deficient supplies Of for ign fabfcs, both
\ ui which, IN ihe long run, are IEJufirus az
we'll tO The mnnuaciurrr as The ImFuliT.
The Ipantliy of goods ~ stare belng nj all
times readily kuuwn. u would enable the M
porter, whh an a.pr0arh Ia accuracy, Ia NE
certain the actual "aals ui the market, and
Ia regulate himself accurhSgly.- howcv-
er, he should fall INTO error. by i,gpOrilng nn
excess above the public wants. he cund rca-
dIly correct lis evils by avaiIng hliNsei "i
The benefits and advantages of the System
thus established. la the siorrbOusc the
! goods imported would await the drmand- of
The market, anG their issues would be gov
crEod by the iiArd principles Of demand aud
supply. Thus an approximation would be
made io n slc0dnGss aud uniformity oi price.
! which, # alianabe. would conduce to the
decided advantage OF mercantile aud mecha-
meal operations.
/. The apprehension may be well cEtFriaiu-
| cd, thai without something Ia umelorate The
'0rlgor OF cash payments, The cuIre import
trade may fall into the hands oi few veal
thy capitalists IN THIS country and ~ y..r"pc.
. The small importer, who rCqulrcs all Tie mo
H.. ney he can RAISE for Investments abroad, nnd
who can but III afford 10 pay the lowest duty,
! would have 10 subducl ~ advance portion
of his funds, IN order 10 pay the dnics. aud
/ would lose The interest upon the amount thus
! paid, tor all the time the goods might remain
! unsold, which NIGH, absorb hls profits. Ih"
rich capitalists abroad, as well as nj bom",
! would thus possess after a short tune, nn nj
most exclusive monopoy of the import iiad",
! and laws designed for the benefit uf ll,would
thus opcrnc for the benefit al The icw,-a re-
suit whG,ly uncongcnial with the spri at
our Insututo?s, and aul-r'Pubcan ~ all ~
/ Tendencies.
II The Warchou,iug $, stem would enable
| The importer 10 watch lhe markci.and 10 select
his own time Tor utirr,ug his goods inr sale.
| A profitable portion uf ltic carrying trade IN
articles entered for The benefit of drhwbark,
must also be most seriously affected, without
lhe adoption OF soiuc cXpcdcnt to rcllcvc tho
cash system. The Wurchousing System
would aiiod lha, rcllcr, since the carrl"r
would have a safe recourse tn The public riore
hnnscs, and might, wliho"l advancing the du-
/ Is, rr.ship within suiHG reasonable period Ia
, iol"gn ports. 4 further effect of The mca-
! sure would be To supprscdc the system Of
draw backs, thereby cifccrualIy pro!ecI!ng il.g
( Eoycrnmcnt against fraud, ms the right 81 do
/ Jcnlnrc wOuldnUt attach To goods after their
withdrawal from the public stores.
!. In revising the existing ,ar,l, of duties,
should you deem II proper TO do 50 at ynhf
prcscn, SESSION, can only repeat the sucgcs.
il0ns and recOmmC CddtIonS Which, upon s"v-
eral occasions. have heretofore i'll 1t TO be
my duty To offer To Congress. The ntcIt,
primary and controlling interest of the Am"r-
lcan People Is Unlon-unlon not only IA lie
mere forms OF government. luru.s " ,.lch may
he brukrn-bui unlOn founded Ia al attach.
ment otSlales aud individuals lur each Other.
This union IN sentiment aud feeling can only
be prcscrytH ky lie adoption 81 liii course
Of policy wLicn, neither giving rXrln>lvc hen
ehls Ia some, nor imposing unnecessary bur
dcn| upon others. shall consult ih" interests
oi all, by pursuing a course of moderation, nnd
thereby seeking 10 harmonlzc public opinion.
and causing the People every where H. f,'"l
aud to know that the Govcrnmcnt Is carcln
OF the interests OF all alike.
Nor is there any subject III regard 10 which
moderation, connected with n wise dlScrimi-
nation, Is more necessary than in TIA" mppn-
slllon of duties on imports. Whether rri'r-
cnce be had to revenue, The primary object
~ the Imposition oftIXcs, q; 10 lh" incidents
winch necessarily luw from lhrr imposition,
Tins Is entirely true. Exlravagnnr duties g..
feat their end and object. not only by exciting
IN the public mud an hostility To the manu-
featuring interests, but by inducing system
OF Smuggling on an extensive scale, aud the
practice OF every manner Of fraTJ r,,o,i tho
revenue, which the utmost vigilance al GrE
crnmcnt cannot efctually suppress. Al
opposite course of policy would BE- attended
by results essentially different, of which cvc-
~ interest ut society. and none more than
those Of the man s!acturcr, would reap Impor-
lanl advantages" '.
Among the most striking of its benefits,
would be- that derl,cd FROM the general ac:
qul"sc'nCc of the couiil.y ~ It's support aud
the consequent permaucuty aud stability whirI
would be given to all tlit Operations Of indus,
try. 1t cannot hc too oIlcu repeated, that no
system ,f leg 'ation can be wise which ia
llurIunting aud 'E.iccrtain. No intcfrst can
thrive under it. "rpa prudent cajiialist will
never adventure his capital in manufacturing
or IN any othrr lrad,ng pursut
OF LIE. II there exists 4 state of uncertainty ~
10 whether the Government viii repeal tu.
morrow Shat IT has enacted to-day.
Fuul profits, however hIsT, If threatened
with u rllnouS reduction by ,ascllhling poll
~ on the part of fGoverum3ut, vii scarrrh
tempt him 10 trust the MONEY which hr hd.
acquired by HE 0i labor, upon the uucrrtH.i
adventure. |, therefore, Ia The splrt ur cd,,'
aud lniuc,tccd py ua nihgg ar>,w
ihjh iot"scHc the great interest, of the country
from The vortex of political contention, and ~
the discharge of the high aud solemn durlrs -
the place Which 7 uoW occupy, rrconiinnn1
duties lmpostd with q wise discrimination ~
Ia their several objects, rs being noi oul, most
likely to be- durable, bat most advantageous ic
every interest "f Succiy
The report Of the SECRETARY Of the War De.
partmrnt exhibits u Vcty Gli and salisljirIun
account of the yarIonS and impnrtant nlrrcsr,
committed to The charge of that officer. II H.
particularly graillll ing 10 hn5 that the cNpcn.
dItutrs iur The military services are greatly -
Il ,ycd n amouut--ihat - strict sNsirm ui econ
ouN has brrh Introduced into the srrN zee, and
lho abusrs Of past years gualy rrfdrnrd
The Qualifications uu our maratIme GuuIict
have hrcu prosecuted VIII, much yigur and ~
many points our doiruccs arc in n very con
siderable state Of lurvarducss.
The suggestions ~ reference H. the csrab.
Ii,hWcut ui mraus ul communication with our
on the Pacific, aud To- the surveys 81"
,.,,niial &" Il knowledge oi llic r,,oucr, oi
jhr immediate country, nfc cntlilcd 10 the
most a,ulablr consideration. While ! would
prupu>o uuiluua Inconsistent VIII hIcudN ne
sucia'iuus ~ .rttl, The rNtrul oI uir ,liiin, ~
thlt - g,"u, 81 puidcnt iurrra-t ont. oit
ihu u,c,.~ry ~ such nru-ur,- u- m1N q able