The Camden journal. [volume] (Camden, S.C.) 1836-1851, 1842-04-02


faithfully adhered to, there would be u"
necessity nf lrdnscending the limit "' w
per cent if the revenue from the lands was
as il should be, reclaimed To the treasury.
1t might beihen asked why was the at
attempted to be viulateG by the Res"l"-
tians. To this there was but one answer:
their author was Tho advocate and cham
pion of high tariff, which he considered
essential to the prosperity. of the country;
while he deemed free trade runous to II.
He was the lender of the party that was
governed by tariff, stacks, banks and mo
nopplies. If he respects the Compromise,
there will be no protection, and he must
foregn his cherished principles, and being
in this dilemma, the weaker feelings yield
to the stronger, and the Compromise is
forced to give way so far as il is i'll tn"
way, and ifis violated in every point ex-
cep, the ad valorem principle, and even
that will he got rid of, he was afraid, BY
dexlerous use af The home valuation. ~
The Senator from Kenlurky said that
free trade had utterly failed, and calls up--
ON those who have Lrrelnfnre advocated
it, to desis, and join with him in pushing
the opposite policy. Mr.. Calhoun took
issue on this point. In the first place We
have had bat a faint approach lofree trade;
and The Iil,le we have had, il has been
with The business Of the country III most
embarrassed condition, "wingto the dis
ordered state Of the currency, and our
greatest customer on the other side OF me
Atlantic, IN which our prosperity so much.
depends, in nearly as embarrassed a con-
4ilion as ourselves. But, notwithstanding
all these obstacles, free trade has realised
the most sanguipe expectation ofits must
sanguine friends, and he would demon
slrale this by authentic documents.
Mr.. G.. then in The first place called the
attention Of the Senate TO the amuunt "l
exports during series ofyears, while the
protective system was in full-operali"h.-
From 1924 To 1888, the aggregate of en-
porls was S469,000. 900, or on an average
of S57,633,0OO. He would now show
what had been the ruinous effects of the
iniquilous act which had arrested the pro-
teclive system. The aggregate "f exports
from 1888 to Is40 was S76S,OO0, 900, be-
ing an annual average export in r"nnd
numbers of S96.OOO,00O. The aggregate
annual increase WAS S3S,500,000. in fa-
vur of free trade. The aggregate amount
nf the last seven-years. being. 65z per cent
of the whole amount ofrxp"rts since the
foundation of the government.
Bntit might be- said that this prosperity
was only felt in the great staples; that The
cotton, rice, and tobacco interests might
flourish, butmanufaclurrs would be iniu-
rinusly affected. He would also demon
strale BY the same official documents, thai
the reverse oft this was the fact. The ex.
port of dumps,irs, which in 1925 amount
ed 10 SIS, 70a, 600, had decreased in 1882
to very small fraction over S5,000,000.
And This reduction was not the result Of
laws as fixed sthal Of gravilaion. Well.
what was the result during the seven years
the principles Of free trade gradually ad.
vancing, which il was asserted would anEi-
hilate our manufactures. Why that the
exports "f those manufactures gradually
advanced from five millions in 1882 to
Twelve millions in 1910, being an in.
crease nf seven millions, and two millions
more than The whole amount exported in
the paImy days OF the protective system,
before the compromise was passed.
! lt.might be said that this increase Of ex-
ports was occasioned by the depressed
prices uf the home market. lie would
en,lear or to show that this was not the
fact. Gehtlemcn would admit that Massa-
chusrlts affnrled fair criterion Of the
condition Of the manufacturing States, and
il she was prosperous, the others could
not he depressed. He would demonstrate
that never have manufactures increased
to SD great an extent. as under the reduced
duties, and were never more fourishing
than al this very period. He would read
fr"m The Boston Atlas statement Of the
imports of Cott"n into Massachusetts from
1885 1880, by which il appears lha, in
1885 tie imports were $4,000 bales $; in Is.
36. $4,000; 1887, S2,O00; 1888, $4,000:
1889, "a 1000; and ih ls40, 10000 bales,
and the editor remarks that for The first
five m"nhs of lS4I, the imports amount
ed to $4,000 bales, and that for the whole
year they might be safely estimated at
100000 bales, showing an increase in
eight years of 10000 bales, within 10000
bales nf what was consumed in all that
vast amount If manufactures, of which we
have heard so much: under the fostering