The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-08-24
From the Hartford Tunes.
VETO NO. w.


Considering that President Tyler had approx cd of
the Distribution act year ago, he has given strong
reasons for not signing the Tariff bill the case adj
mtted of He was precluded from urging the
constitutionalty or general impoicy of distributing
the revenue from the lands. These the primary
and weightier reasons against the policy Of distrbu-
ton, but those presented by the President are sub
stanal and sufficient objections against this BILL
The palpable improperly of connecting III the same
bill two subjects SO opposite the tariff and the pub
lie lands, the raising and distributing of the public
revenue, must strike every mind with great force
And the total inexpedency and absurdty of giving
away part of the public revenue, at time when
the whole moneys In the Treasury less than the
existing demands upon il, and when the public
vice IS sustained almost entirely by borrowing, is so
manifest that all must the gross improperly of
such What is ii bui borrowing money to dis
tribute among the States' Aud not to distribute equally
according to population, but the new States TO
take nearly one half of the whole The sum to be
distributed on the first of July $4,000, of which
the other States containing eght-enths of the popu
iaton, to receive only 1888 900. And this mo-
ney is to be replaced in the Treasury by duties of
which, the people Of the old States pay much more
than those of the new States, in proportion to their
population
The papabe mex pediency and injustice of this dis
tribuon OF the land revenue the President presents
in striking light. Although other and much strong
er reasons apply to the distribution policy ye, those
urged by the President are amply sufficient to justify
],
and threaten, and denounce but it will oil 90 for moth
ing Whatever may he thong ht of his general Sc
on this ure, the country is with the President
more property he Is with the country, and will be r
up anty sustained by the people. If the Wing
leaders expecl to make political apta Of this pro-
ceeding, they viii find themselves dreadiulIy mis-
taken. They have been too long from home, and ev
identity know but little OF public opinion The peo-
Pile fully understand that the passage OF this tariff bill
was only scheme to head Captain Tyler" The
bill prepared and passed 10 be vetoed and has
been vetoed. But do the Wings in Congress suppose
the people approve of such leg station Ii they
do they were never more mistaken in their lives
They regard 1t as a solemn mockery-as trfing with
their interests-as rendering them the sport of po-
clans. The interetts OF the manufacturers to lie
sacrificed to aid the election of Mr.. CLAW
1t was not intended to settle the Tariff question: as
it deemed necessary to agtate it for several
years. to help Mr.. Clay This is the way in which
Mr. c. and his partisans show their regard for the
manufacturers. But the Wings in Congress made
another great mistake in supposng that the manuac
turers are DESTROYS of high protective duties They
have and experienced the evils Of such egisla-
ton; it is kind of protection which they do not
seek desire. The manufacturers in the Eastern
States have not pettioned or asked for high duties
What they wanted was, that the tariff question should
be settled, and in way to be permanent They have
generally become satisfied that moderate duties
with cash payments, in sound currency, is the best
and most efficient protection to the manufacturing nte-
rests. With such tariff, steadily adhered to- the
oyng prosperous course OF business for some years
to come. And nothing can defeat this result but no
duties at a l. or the revival of the ultra protective
system. And this bill aimed at the latter object,
and is fortunate for the country, and particularly
for the manufacturers, that it has been defeated
Had passed. its prohibitory principles would have
given powerful stimulus to manufacturing enter
prise, occasoning for one year or so, delusive
prosperity, which would have been followed by
most disastrous reaction. The manufacturers now
nd htu how Ennxu that ,b.x
most to prchend is domestic competition and
overstocking of the market by the home production
They know that it is the increased home production
and the diminution of the demand, from the de-
preston of all other interests which have occa-
stoned the present distress among manufacturers,
and not foreign importatons of goods, which have
been small unit the last two years. The
manufacturers know that those interests in which
there has been no foreign competition, are quite as
much depressed as those in which it exists No
branch of manufacturing has suffered more than
that of paper, although the importations in 1910
were only seventy thousand dollars, and the do
nestle production S6,2oO,OO0, according to the
sus returns which probably several millions
below the actual amount The Home League con-
venton estimated the home production at Sl6O0O,-
000 Is it the over production at home, or the for
eign competition which has injured the paper maker
Who can doubt what it is The manufac ture of palm
leaf hats is an extensive business in Massachusetts,
and no employment is more completely Frustrated
although the article is not imported at all. So of
the plain cotton there not yard of cotton cloth
manufactured III Connecticut, of the description Of
any cotton goods imported The manufacturers now
understand these things, and know the true sources of
their embarrassments They know that the evils which
they now feel have proceeded from over production
at home, and the dmlnution of the home market oc
casioned by the general Indebtedness and distress
of the country the bitter fruits Of wreched bank
ing and paper money system. 1t is the loss of the
home Market no, It's going into the hands of foreign
rivals. 1t is not lost however, but only suspended
and when revives the manutaci uring in will
revive, and not before. The difficulty the last tw
years has been that the products of The soil and
other departments of industry, have gone lqudae
old debts, which has absorbed the resources that 9TH
efwse would have been applied to the purchase OF
supplies of goods.
1t ought to be stated in defence OF the manufacu
rers that they have not demanded a high protective
and prohibory tariff like the bill the President has
vetoed That W tariff of the politicians, and t, r
the politicians 1t has met the fate it deserved and
let not the Wings out of Congress- suppose hat
they can create excitement out of il. The day ha
gone past that the manufacturers can be hu nbugged
They now generally understand their true interests
and the causes which elevate or depress them. A
large manufacturer in Massachusetts, and uniform
Wing, stated the other day in this city, to friend OF
ours, that he considered the Independent Treasury
the best that could be adopted for the man
ufacturing interests The Veto viii be sustained by
the country, beyond all doubt