Independent Democrat. [volume] (Canton, Miss.) 1842-1844, 1842-12-24

'dlheu mat, WlInOht sOHlelulnP 10 anchor
ale the rIgor of cash payments. the entire
import trade may fall INTO the hands of
few wealthy capitalist, ia this country and
IN Europe. The small importer, who re.
quIres all the money he Can raise for in
veSImentS abroad, and who can but i'll af-
ford to pay the lowest dury, would have to
snbduct in advance a pc ton Of his funds
IN order 10 pay the duties, and would lose
the interest upon the amount thus paid tor
all the time the goods might remain unso d,
which might absorb his profits. The rich
capitalists ebroad, as well as at home,
wDuli thus possess, after a short time, an
a no t exclusive monopoly of the import
trace, and laws designed for the bcneit of
all, would thus operate for the benefit Of
the f VA result wholly uIfcongenial with
the spirit of our Institutions, and anti-re-
plblican in all It's tendencies. The Ware
housing system wou d enable the importer
10 watch he market, and t. select his own
!me fIr offering his goods tor sale. A
profitable portion Of the carrying trade in
articles entered Tor the benefit of draw
tack, must also lie m ut seriously affected,
without the adoption of me exp sdient 10
relieve the cash system. The Warehous-
ing system woad afford that relief, since
the carrie would have safe recourse 10
the public storehouses, and might, without
advancing The duty, reshp within some
reasonable peri d TO ioreiga ports. a
,urlhcr effect of the meas Ire would be, to
superseie the system OF drawbacks, there
by efiecraIIy Protecting the gpvernmov
against fraud, as lbe,Is otter thei' with
would. pl6rn the pubic store.
In revising the existing tariff oil duties,
81 ould you deem it proper to do 50 at the
presenl session, can only repeat the sng
rcs,ions and recommend ltions which, mp
0n several occasi ms, have heretofore felt
i, nv duty 10 oter 10 Congress. The
great, primary, and controlling interest OF
the American people is unl'n-unIHn not
only in the mere forms of government
forms which may lie broken-but union
founded in an attachment OF States ant
individuals for each. The uni N in senti
mcnt and fee ing can only be preserved
bv the adoption of th>t course OF pohcy
which, neither giving exclusive benefits II
slme, nor imposing unnecls sary blrden
upon Others, shall consult the interests
all, nv pursuing a course Of moieratlon
md thereby seeking to hlrmonlze pubic
opinion, and causing The people ever,
where to feel and to know that the govern
men, is careful If The interests e all alike
, Nor is there any subj ct in regard to whlcl
moderation, connected with a wise dis
elimination, is more necessary than IN In
, imposition of duties on imp'ris. Whethe
reference be had To revenue, the prlmar
object in the imposition of taxes, or to tn
, inidents which pec ssarily flow from thei
imposition, this is entirely true. Eytrava
: cant duties defeat their end AMI ol ject, nc
I only yIex,i ing in tn public mind hostl
: ~ 10 the manufacturing Interests, but hy Ii
j ducing a system OF smuggling on an eX'er
4 sive seals, and the practice of eve
I nv manner of fraud upon the revt
t nue., which the utmost vigilance of III
d Government cannot efftctually suppress
+ An opposite course of policy would +
: attended ty results essentially different,
O which every interest of society, and nor
It more than those of the manufacture
= woIld reap important advantages:-Amor
Il the mos, striking of lis benefits would
: that derived from the general acqnlescen'
D, of the country in lis support, and the co
l' seonent permanency aud stability viii
70 wnull lie given to all the operations OF l
ss dustrv II cannot be too often repeAte
ic that no system of legislation can hc WI
which is flnctuating and uncertain I
a interest can thrive under it, The prude
40 canitalist will never adventure his capt
: in manufacturing est,bl shments, or in a
e, other leading pursuit If life, If there
Oh is,s state of uncertainty as TO whett
Nv the government will repeal tomorrow wi
~ !, has enacted to-day. Fit'ul profits, no
pl evr h,oh, if threatened with ruinOus
,lI duction by a vAscilla'irg polly on
o. part of government, will scarcely Ten
h him to trust the money which he has
as ouire1 hv lite of lab,r, upon the nnc
!. tlin adventure. |, therefore, in the sp
nj If cancellation, and influenced Ivy no o
nd or desire than to rescue the great lntere
re-. ,f The country from the vortex of politI
on contention, and in the discharge OF
n high and solemn duties Of the pl'ce VIII
rer now occupy, recommend moderate dD'
IDS imposed with a wise discrlmn mon
yu. TO their several o je is, as teing not
an lv m IS, likely to he durahEe, tut n
uaI advantageous to every interest OF sol
I'M ~. a.. ,
uld The report of the Secretary ct The
,es- Department EXHIBITS very tn'' ana So
1h, fact ,ry account Of the varions imPor
the interests committed to the charge ct
has officer. Its particu'ar'y gratifying TO
,nds that the expendit res t r the military
the vice ar, g,eaily re u'ed In am"un'--tt
,rn stri,1 syst, m Of eron ,mv has Teen m'r