Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1842-06-20
vol. XX.--.vO. O3.

lrncuis Of Great Bain and France. both of whom have
imposed very heavy Duties for well as for pro
tcciion. admit Diamonds duty free. fer the obvious
sIn that they small and so precious, that tax
can bu collected nn them, not tax of but pet
cont. The principle applies to ieaelry in gener
al, aud 10 laccs ] regret that ii is SO Great injustice
certainly grows ont III H. but that s inherent in the ma
re Of the case We should prefer taxing articles of
this description higher than all Others becau,S they
articles o tho ighes, luxury, and these who consume
them beat able pay; but the law nature IL par
amount Ia all human logisation.
There is further in favor Of discriminating
duties: (and here know shall have many snplpfters.)
When articles are the produce OF our country camps
impose very high duss upon thom; because, IL dos
We ~ increase their value that thu home product will
hanah them cnoly from the market, and the duty bciyys
prphluory, viii yield reyenue 1t will operate az
premium on production, and the Government will gm
uuhing from the duty. We sec on tho other side ufihe
water very strange political phenomenon: IL il the
leader If the British House oi Commons declaring him,
efn favor III fire. trdc, aud against imposing any duty
ovef2o PER cent. |, reminds me Of the language Of
Solomon, who allcrall the exccsscsoa long life Of plea
sure. ct,s nut that "all IL Yanity' laugh. Great
britain has carried the protective system far, ans
pmelIscd II 50 ong that her home market IL fully sup
piled, mud now, oroth, she prctends great merit in
rcdneu! duties which cannot be collected. But mark
ioeutiun with Which Sir Robert Peel spaks of the du
" upon sugar. ilrnd he would moi explain the
son nt lin, duty that arels: Tho reastn il obvious
enough: the climate oi Enqand Is cold produce
the sugar beet; II docs not therefore in competition
viii any u THEN own products, aud cannot become pro
htaturS; solt may he taxed 10 extent. That
the reason. II yon look their efical report you will
that Great Britain in laiO raised The Of twenty
ltWamioHs ol pounds sterling. tciHe more than halt
the total amount oI her revenue. from "nr articles
WING, ten. tobacco and sualr-nut Of which sle
could herself produce. Could either Of hcm hayt liaer
produced Al hone, docs any ON believe that her rH pie
would submit Il have hclf price raised by u tax ii lii
unes their value Never II nns only because tho
Ministry know that the articles could not be- raised Inv
lue9nd. aud that the vated taste ol luxury aoul
hase them at any cat. On this principle it was
eafy that ltret should BE- discrimination articles
ol hun" production. III ordef thai The duty may bo
placed HAT Nllo II da,s hn exclude Hrugn eonpcti-
ton. It may produce rs much possible to The Govern
men na Wofd, al the point where onr own products
and tlose from abroad moy ey, together in the same
mahr mud 3 a competition produce the great, 81 amount
o trN uoo and The u"rt east Ia the consumer. 1t il
dicult thug Ia practice mud that precise pnul in re
gatd To eaeharrc; but the doctrine Is theoretically true
,neh point MUST oSst.
! therefore conclude that duty IN this bill IL on
h2l qolng SIMPLY 10 the results To the Treasury un
les5ittsa duly an article ut homo nauuiacure and
so hph rs o prohibit impufauon. II il hr shown
tha There ave any such duties, then 90 ar reducing
them To that point whore The competition Of the foreign
aad the home producer slall lc the mest perfect.
/ ar EDONlfh II + here inquired whether lhere was
10 duty in lhia bill 81 blah as comparatively diminish
theamonl Of feY,nae, 80 that lowering tho duty would
augment the RESULT
\ Mr.. FILLMORE. Il Is paasilc there may he; if
Hoo be, ain not aware otit II can b. shown that
such rs ihc fact lsat again lhat 20 for rcdhcon-vt,
ON '>eeptoa, however: will mol 50 reduce any duty
As to elal the market viii tho foreign product and break
Down our own m1nriactures and Then compel our ciii
zns To buy all from abroad Al any price the foreigner
chooses 10 demand: that am opposed to- bat 90 for
fixing tho duty to keep up competition aud keep
down the prices the other plan must end in isisng prices
greatly,
Va ma additional evidence that thlshll is be- cnsI-
cred only as revenue measure beg ln,ve here cali
the attention oi the committee to few statistical results.
They are results merely, as shall mol deain or weary
the committee by going into the details My attention
has been called 10 the Of duties realized under
the act o lS9e as modified by The compromise act. ii
any one Will examine the amounts received from the
customs since the first reduction by the compromise act
he VIII find that never save III single year. (and then
nr peculiar rrasons) has the receive equallet
The Expenditures o the governmali year. in which
The imports very unusually large and the rxpeili-
lures unusually small exception in all the other
years the customs have not yielded enough carry
on the Government.