The Middlebury people's press. [volume] (Middlebury, Vt.) 1841-1843, 1842-12-13

Inv capitalists in this country and IN Eu'
rope The small importer, who requires
ali the money he can raise for investments
abroad, and who can but i'll afford TO pay
the lowest'dutv, would have TO subducf IN
advance portion of his funds IN order 10
paw the duties, and would lose the interest
upon the amount thus paid Tor all the time
the goods might remain unsod, which might
absorb his profits. The rich capitalist abroad
as we'll as at home. would thus posssss,ai'er
n short time, an almost exclusive monopoly
of the import trade, and laws designed Tor
The benefit of all, would thus operate Tor the
benefit of the few-a result wholly uncon'
genial with the spirit of our institutions, and
antirepubIcan in all its tendencies. The
Warehousing System would enable the I'm
porter to watch the market. and 10 select
his own time Tor offering his goods for sale.
A profitable portion of the carrying trade
in articles entered for the benefit oil draw
back, must also be most seriously affected,
without the adoption of some expedient 10
relieve the cash system. The Warchousing
system would afford that relief, since The
carrier would have safe recourse the TO
public stor, houses, and might. without ad'
vancing the duty. rcship within some rea'
sonable period to foreign ports A fnrthe:
effect Of the measure would be to supersede
The system of drawbacks, thereby efiectual'
IL protecting the Government against fraud,
as the right Of debenture would not attach
to goods after their withdrawal from the
public stores. :,
In nyi.ine tic existing I; riff Of duiies, should
ynr deem il proper to d" 81 at your present
sessiun, I can OILY rri"at the suggestions AMI
rerni, ,neuaiuns which. upon sevrral occa-
6 ous i,nye heretofore fell il Ia he my du'y
To, fl: TO Congress. The great, primary AMI
controlling interest Of The American people l.
union union not cn'y in the mere t"riIs Of
royerrnent-firm rms ~hirh mny he irokrn-
hut unon founded in AN attachment oi siates
and individuals for rarh other. I his union
IN sen in"nf and feeling can only he preserv.
I'd ly The Adoption of that C. urSe of policy
which. neitlipr giving exclusive benefits 10
some, nor imposing un:lcrt ssary bar'lei upon
Others, shall rOs,ii the interests "fa!l l'y pur-
suin. n course. Of moderation. and thereby
seeking 10 larmoniZe InItIic opinion AMI
ra,,.in. The people yer, where to ferl and tn
inter, SIS II all alike. Nor is there aIy subject
! in regard 10 which, nrr,ler itioi, ronnec,el
with a wise disc, irninaIiOn, j. more necessary
uIan in the imposition of dn'irs Oh imports.
Whe,hrr REFEREE, cr be had 10 revenue, the pri-
mary ntirri IN the Imposition of 'axes, or 10
the i"ciIenis which nrcrssari y flow from their
irInsilion, ,his l. entirely irIir. Exlravaganr
.'nirs d feat their end and "'jecr. MT only
by excl Ii,g in tire pubic mind I'll hostility 10
ia. manufacturing. Interests, hut by niu ing
! sy>ien Of smuggling on an Extensive srale,
aud the practice OF 1very m.aiiner Of fraud up
OIL the rvtIIiir, whirh the unjust vigilance 1T
gov. rniIIrn, cannot rffrc. iially suppress. An
opposite rLiirss. of p'liry woril lie attended
10y rrstIl essentially different. of Win h ev;-
nv interest oe soriciy, AMI one m"re than
those Of the manuactnr.r w"tIll reap import
ant mivntiages. Among the mo { liking Of
its tenefits womb he thai derived from lie &c
neral acIuirsrruce Of the country in is sup
per-. and il;e consequent pFrinniIeiicy and
stability which would he given TO aii The OPP
crn,ioAs Of industry. IL cannot he TOO often
repeated, that ~" 81 STEM of legislation ran lie
ise that is flurili;.iing and uncertain. No in-
irre.t ran thrive urnirr il. The prud nj cap
tails, will new adventure his CAPT oil in man
ufaciuring establishments, or in cny other
leading pursuit Of life. il there exits safe of
uncertainty rs To whether The government ~ i'll
r-iral tomorrow What il has enariel to-day
Fiiul profits however high. if thre atene6 with
riino,is reduction, hy varillaii g policy on
the Ir ri oi goyernneni, wi hardly tempt him
to trust the money which he has acquired
by n life of labor, upon the uncertain adven
lure. ! Ihei eioie, in the spirit Of ronriation
md iiflu-nred by 10 other desire than tn
II,
the vortex OF poiiirHl contention, anil IN the
discharge oi'ihe hi.h and solemn duiirs of the
pare which now CrruI.y, recommend IN d.
einic duiie-, imposed with wise disrr,nin-
alton rs to their several "lJrris, rs being MOI
only most likely 10 he durable. hut most adj
vaniageous To every interest of society.
The report of the Secretary of the War
department exhibits a very full and salts
factory account of the various and impor-
tant interests committed to the charge of
that officer. 1t is particularly gratifying to
find that the expenditures for the military
service are greatly reduced in amount
that strict system of economy HIS been
introduced into the service, and the abuses
of past years greatly reformed. The for
tltlcatlons On our maratime frontier have
been prosecuted with much vigor, and at
many points our defenses are in a very con-
siderable state of forwardness. The sue-
gestions in reference to the establishment
of means of communicate with our terri
tories on the Pacific, and to the surveys so
essential to knowledge of the resources
of the intermediate country. arc entitled to
the most favorable consideration. While
| would propose nothing inconsistent with
friendly negotiations to settle the extent of
our claims in that region, yet a prudent
forecast points out the necessity of such
measures as may enable US to maintain our
rights. The arrangements made for pre-
serving our neutral relations on the boun-
Diary between us and Texas, and keeping
in check the Indians in that quarter, will
be maintained so long as circumstances
may require.
For several years angry contentious have
grown out of the disposition directed by