The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-10-20


rent in our ranks The bare anticipation OF an
tagonizipg interests in the Democracy OF our
city in the Congressional and Assembly ucke's'
is pregnant with the most serious evils The
success of our party depends on its unanlmity
its failure on disunon. The nominating com
miltees meet this evening. Tomorrow we
shall advise you Of the results. We hope for
the best, but confess we are not without ms
givings 10 relation to some Of our Wards. The
Clay Wings are watching us with the eyes OF
ynx-ready to take advantage of the slightest
disorganization. From former experience they
are aware that disunion in the Democratic par
ty is their only anchor Of hope in this city
Every means necessary to insure II has been
resorted to by them. They know that the loss
of the city might hazard that of the Slate
The gain of the latter 10 them would be incalcu-
liable. The sudden removal Of every Democrat
would follow such an event, and every minute
ramification of Office would be filed with the
adherents of Henry Clay The Courier has
| already vauningly declared that if the Wings
carry the State on the 18th of November, 1t is
insured for Henry Clay in 1874. They VII
such golden prospects. We say golden, Tor we
doubt not that if twenty millions OF gold were
wanting to insure the election OF Henry Clay TO
the Presidency in 1914, it would be speedily
furnished by British capitalists The holders
of American stock in Great Britain are looking
forward to the result of the Presidential strug-
gle in 1874 with an intensity that has no paral-
II ,lo Of
anxiety. Twenty millions of dollars so expend-
ed, when compared with the immense amount
of State debts in the British market, and the
cove rt declaration of the Clay Wings, that the
election of their favorite would insure a Cor
ernnrental assumption of those Obligations, are
like drops of water compared to an agilated
ocean, in the commissions of which they are des-
tined to be swallowed up. We rejoice that the
| "Keystone State" still sustains her elevated
rank in the Democracy may her industrious,
! honest agriculturalists, never become the VIC
tins of moneyed arstocracy. New Jersey is,
| indeed, for the present, lost to us. The ctl-
zeHs OF that State, suffering they have re-
Gently done, in their manufacturing interests,
became the dupes of the Home Leaguers and
Protective Tariff men.
Before 1914 the scales will fall from their
eyes-the effects Of a high protective tariff will
| have reached them in the decreased demand Tor
their manufactured articles. We would warn
! them in time, of the danger. The Home
| Leaguers are deceiving themselves and bring
ing ruin upon their counuy-at least, such will
be the effect of their measures, if the People
| triumph not in the approaching struggle. We
would recommend our manufacturers equally
with our agricullursts, to look on both sides of
the particularly to the value of EX-
PORTS under high protective tariff The
tariff laws, from the year 1921 to 1910, afford
substantial evidence Of the benefits and'disdd-
pantages of high protective duties. From 1921
| to 1882 Gnclusive,) under the high tariff, our
| IMPORTS exceeded our EXPORTS by more
than forty-tuo millions Of dollars! From
| 1888 TO 1910 Cnclusve,) period OF compare
| lively FREE TRADE, our EXPORTS ex-
ceeded our IMPORTS more than fourteen mil
lions of dollars !! We refer particularly to our
commerce with Great Britain and her dcpen-
denotes. We ask of the Clay protective tariff
| men, what are the advantages Of a high tariff,
DESTROYING, as it does, the commerce of
our country turning the exchanges against
US; decreasing our EXPORTS and in
creasng our imports? The overthrow of
! this system which seeks TO enrich the few at
| the expense Of the many, creates the most Bit
| ter sectional feeling, and imposes onerous
burden on the industry of more than three-fourths
of our population must be the rayng points of
oar exertons in the State elections and in the
contest of 1S44 Is high tariff TO increase the
sum of the precious metals amongst Us We
answer, to this question, that in the high tariff
period, TO which we have alluded above, the e.r
mort of gold and silver exceeded The imports
by the sum of three millions Of doltars!!!
There may be circumstances connected with
high protection duties, which will increase the
revenue but even these, isolated as they are,
bring curses rather than blessings on our coun-
try. The surplus funds produced, eventually
fall into the hands of political gamblers and rot
ten banking institutions. They become the
spoils of a moneyed aristocracy, which seeks to
enrich its members at the sacrifice of honest in
dustry, and to perpetuate its dominion by i'm
posing on the credulny and fattening on The la
bors of its fellow men.
Correspondence of the Madlsonian.
MONTPELIER VT, Oct. IA 1912.