Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1842-10-31


be seen that thu rate of duties which il prepared ly ib,
Committee on Manufactures is less Than the duties IN
der the Tariff Of lS2S 1882. And may be we'll ia
inquire what ,ho resources Of the past aImIstr,
toni
When Mr. an Buien came into power only two
enilS oi the reduction provided for ia The crrouisc
Act had taken place, and the duties Were then as hinl
aud IN highcl than they are IN the prln rae.
illl aud during bis administration the public lands yjol
led revenue Of $500 900 annually sum three
lines as large As they will yield for years 10 come even
lthoy returned TO the Treasury which hone ma,
mol be ic case yet, with all these advantages he spent
lnrne his administration about eight millions annual,
more than the accrung revenue
IL appears, by The reports oI the Secretary Of the
Treasury. thai there WAS IN the Treasury large euln
IN the Isl OF .jannnry ls7 Al the extra session Of
that year the fourth lnsiment due to tn, States was by
act oi Congress, withheld from hrin the bonds al The
United States Gank were disposed Of: and. after ALL Mr.
Van Buren lett the country millions IN drbt
The account, WHEN stated. stands thus:
In the Treasury, January / 1882, SG.G7O, 900
Bonds OF T. > liank, s.2l 900
Interest and doposiits. 533 900
Debts due from banks and paid, $50 GOO
Fourth mslalmcn 10 Sipi.s. Withheld o.367 900
Debt ON the Sd Of March, 1911 say 10DDoOD
Total. $}2,l6l 900
Here we have grand total Of S32 600 600 of rove
nue. falling within Mr.. Van Buren's adminis ration.
which arose from o,r il,n the ordinary sources; so
thai the last administration with tariil rs high as the
one now proposed, expended annually - 900 900 more
than the ordinary revenue. And in this statement we
make no account of the other debts which he left to the
present admnIsraiionsuch pay for services in the
Florida war, aroarages in the Post Office Department,
Tor which provision WAS made at tho extra session. nor
do we take INTO The account the numerous private cllms
which were unlnsty deferred. for OF which proy
sion has already been made. We do mention this
by way Of complaint. much 10 STOW gepilerncn
NATL heir fI md, I,,Iy
altogether misplaced The tann approved by General
jackson Was IN many particulars much higher than in
the bill before u.s. aud even during the administration of
Mr.. Van Buren. the duties many articles were mol
low as they are in the bill reported BY my colleague
But MI. Chairman, alter all the complaints against
protection, find that each gentleman is in favor Of La
wing his own staple protected.
The gentlemen from the cotton growing reeiun who
have addressed the committee favor Of low duties
Ard why is this? They are alarmed lest our imports
should be diminished and thereby reduce the export Of
cotton. They maintain that any restriction upon CON
mercc operates directly against their interest; and hence
they ask us TO give free hadc And hal is this bat pro
lection Inanohcr orn2 But The gentleman from virginia
Mr. Ilubarl is still more direct lIeis not only opposed
to protection rs impptc and UNJUST, but unccnsu-
'iona; and yet that gentleman ont directly
and asks us to protect his favorc sape--tobacco lie
has told US that he doubted tho pnpcty Of counlefva
ing duties. and thought the matter should be subject Of
negotiation! lfpfoecon by statute is unconstitutional
would as, ia, gentleman 10 Inform NY by What auhuri
~ our Government can oncr into ncgoation to obtain
the same end!
Ii understand the force of the remarks which have
been made most Of tic gentlemen who incline to tic
doctrine Of free trade admit the poprcty of counerya
ing dnes TO certain extcht II Sfcat Britain should
pohib the tobacco. or cotton rice Of the South, they
would come forward, and, with voice. demand thai,
the Government should inierposc. and, by treaty
,aiatory duties, obtain redress. This, say
they Would demand; and their demand would DO just;
md those who sensitive this subject Of proicc
lion. would come up like men, like Americans, and vim
dcae the rights OF our Southern brethren.
But. Mr. Chairman, this is yielding the underground
They would lay countcrvailing duties to promote the
interest of the planting States; they would contend that
they ought to be placed equality with the foreign
producer of the article. The principle involved in
countervallng duties all that the friends of protection
ask.---We only ask that there may be fair competition
between and foreign labor. And II matters not
from what This inequality arses--whother from
single act Of foreign legislation from their general
policy-ifa fair competition is destroyed. il is the duty
of government To throw her protecting shield arannd
her citizens, and prevent their being driven from their
workshops rhir plantations BY the degraded labor OF
foreign cuanlrits. Ii the manufactures Of Great Britain
DESTINY tue usinrt1ctocs ot this country, mot
Vhihpr IL arises rn.l 0rIcr in Council ACT al