The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1842-03-24

% AMos n N'-E - 49,
"a saliecs xhsch friend has care O.,
/ Vt SInmaa..l han ahan asas - are
sampslerl - ~ iSl sipe,dssaon. ne
sh.nk.. - | aadrssia.,S. shas siefe can Be
dssussd ! s-,i.lse.ary sysrm 81 each -
~ ssion. audi heartily wish him sOesess %
Ne alempt. I VIII only say .hss. ~ me-
ansnisn. If ne raise b0l tfe nilli"as. ~1sh
80, sny reference whslrsrf 60 pEoierlian.
s.lbo1l rslsrrnes 20 any Thing bus ." mere
HONESTY. hosesvr sna I The amount may
se, we shnUsd ourselves assess the value
af the goods 90 ahsrh ne isy the duty,
and nsl leave that value u be hnrd ~ ~
Eelgrers. AZ lhinss naw stand. &c ley
the duty. bul fpre,gaers fK he sasHe q
he aoods. GIVE me bitihr Paweral hx-
ins lie sslne II The goods. Sad care liil'e
il comparison. shal nav be The r-ls Of
duly yau Impose. Il 70 evident 'fa' 80
The ed raarsIa principle u q shs lofr'gn
r. aha virtually 6xss the actual smuuni
of he duty paid. a y the foreigner she.
by fixing Ihs, value. sIrIualiy legIsla1ss
Car a.: AID thai IN a case ahele hrs interest
is dmsetly opposed 10 thai of our revenue,
I say. therefore. hi indri.ea'ens Of III
considerations Of prn,eelInn. indrpendsnl
Of al ends ar motives bal the prevention
IL lLase inlsmaas lrsuds y hlch have bern
The Disgrace ef our slam-h"uss---'fsuds
ia 1hrh lie foreigner. with his d"ubls
and Triple and qusdIupls lns.icss. ready
10 be produced ss currnmsianees may re-
qnire. fiAes The value Of The mrtchans'ss
taxsd-e,ery consideration 81 nausnsi
dignity. jusIire. snd ind 'rendenes De-
IN and. the snb.liluiinn Of hsins valuation
IN the plare of lotsiga. What 'feci
such change may have ~ The arsmen's
,lon Of Tie rsvsnue .m mi prepared 70
say, k.cause / do nnt knos lie aln"nn'
link The r4ls ray be sst down y wen
y.lise psr cent. IN addniOn 10 the infeigr
value III imports. l do not speak with
.rssl eonfissnre. l: the ras - twenty
i've per cent. Ihen u would add onis h'e
pss cent. Is the rate Of iwen;y per cenl.
rslablished by The compromise &C.. "
course, II the home be substituted lnr The
foreign valuation. sbe augmentation Of
daurs beyond i~eniy per cent. ahlbe les'
by that hume yalasIIon. whatever y msS
be. Wllhnut. however, entering INTO Tue
question ol home valuation, aud LEAVING
that sntJeci to be strsased hesesi'sr'
shall treat the spbjecs as u the pfessn'
system Of foreign saluauon - 10 Cont
nus.
then return 70 the Inquiry, on an IN
por,atisp a mounting To nIn~'y one MI
huns. how much suiy must be Imposed
10 nI,ler % ra;se net ., vrnne nl twenty
SIX milions! The question does n"l al
mt of perfect accuracy; the utmost 'lii'
can Ne reached is q tsssunahle approx.
ssiion. Suppose every one Of The In
psred Articles 10 be subj ct TO dn'
~ of thrrly per cent then the srnsI
revenue VIII amount 70 S2T ,3OO.0 900.
Deducung the expenses al crlecin u
which may be siaicu a, 81 .60D, 900, wII
give S2J.S00. O09. or ihFee hundred lhpu
sind dnilars less Than tie proposed .
mounted iaeniy.s,x mi.l,oa..
Ba, I might a, we'll take this opporiu.
My II explain subiec, which is moi
well psivr,tood. |, has breu supposed
when | propose 70 fix rate IL al va,aten
duty ss the m1ximum to be sllo aed, ina
ny meaning il, thai all articles. nf evers
description. are to be Carried up to thu
phin'. aud fixed a, iha, rate. as on sur
IT bed of Pmcrusies. But that is M
NV idea. Ne doubt certain articles ough
10 gu up 10 The m xlm",s-i mean tl,ns,
Of prime necessity Belonging to the cl,s.
Of protected articles. Tuete are Others
such as jeseiry aud wstcIies. and SONS
others al small bulk and great compara'
tive value. AMI ,herefure easily smugelss
and presenting greai temptation 10 IN,
evasion III duty. which ought In he sub
jecied Io less rate. There should, there
lore. be a Discrimination allowed undei
The maximum rate sccs,ding III lhs exigcn
cv of the rsspec i've circumstances nj eacl
part c,Ilaf interest concerned. Since !
will require duly of ,hity per cent oi
all articles 10 give The amount nf ,wen,,
i've mil an. seven hundred ,huusand dol
lars. and since snme OF then will not ses
80 high duty as IN rtr per cent, i,ful.o ~
Ih.t less than hat rave will certainly M
answer the necessary demands OF III,
Gnsernmeni. and il NAV, IN some pat,Ic
ular cases. require rate ,newhsi high
er than that in order Id false the propose,
sun 81 tSrn'y six M lions. But as ih,
reserved fund sc twn millions Eur conun
gencIes wIllnci require an aususl re- emu
lar Ihat pnrpnsr, should the amount %
dues Levied be less than tweuy-sx NIL
lions. of even between twen:y-f,ur an,
twenty ave millions. the reserved fun,
msy BE- made mp by acrumuls'ioas. dur u:
sGeces sIye years. and srli leave AN a
mount sufficient ~ mee, an anna Il espen
dirure of iwenty-iwp millions, and tat
millIons fnr tie public debt.
NAV approach the consideration nf
very impnEtni branch nj the subject i,
its roanexion wiki the compromise act.
shall moi here 4 tempt To go again M.
,hs h,.I,rt. NJ m Al a,.f L n,H ouIx. 90,