Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-07-15

! mora bropcht into tic country than what IS hects :
,or ,l;s nufuose, unless il lie used IN pla'e Oh i"I W.
tnrc Sc. is an actual injury. a reonhuahcy . 81
.ns s;lr.r NAV nroduce an imitation as wen us . u.
pnrer. except that i! rs not so disastrous "a - I'm,
.anr.rse :, i no; subject 10 s'.sh great vibrations -"
c rcd.ndincy Of specie, 1t takes me a'i'c'
-. e becoming the basis OF credits ana c'cI.a.'""
J,d., Li.,h rcs,iic:ions,i II specie IS ~ pe ''''s,. 49,
.,u i. concentrated III the protected region; h
.aan ,r,h;s viii be, that it will immediately uecone
'es"'' VI '" cc.,,,aiis, accumulated capital, anc ;nr'
nish the basis o. he" S'
cu,ation. o.,b: Prizes rise on
,s,, and the cost Of production IS 'ncfeas'u u"
I'll il breaches the point III ""'cn !Gu nav, rn ar,i.
ION fy,d ycur protection: and tlen 'he ,c'e'gn w.
49,, ~ !, ufcer tie swell 81 your local e"F""s'""'
,n5 ,Lo, cou must raise the restrictive naft'et mn
q" -" nev expausion, in like manner, again taxes
.l,oo. when YOU mus; run the same Tounu, anu 'h"s
INV of labor and the profits Ct caPiiai' IN me
u ~ ACTON ar. kert in a b!oa;ed and unnaturai
,fn..a rrtI ,Ie final catastrophe OF pfost'c''oh ana 'u'"
- .icn. When you once commence inns Sys'
.o', =" . r-oLiu,,ion and protection, you must p'l'' per-
od;cally, restriction upon reS'''c"'n'
expanding after circle. .a,oo, tho pannfoctur.
- e Massachusetts by this bill. Wen, III
1, ron lac . lax of thirty dollars a ton upon IRON, "nl"
is abnu, i,rtyeishi per cent. upon the cost n 30
sa,,e : , rfeat consumer OF ron-sEe uses II ~ ~, "
49, a..nhu,rv ur evrry kind, and il gees INTO al NOSE
,p,,lo u,au.s by winch ~
I'D, ;r i = t,amback upon Ike final profits Of her pioa"c'
,t.a ;nJ,..rv: but il is necessary, TO carry fehiSfi'"hin
; " ,ho snnnort of system by which Massachusetts,
ex,ec,s TO be- UNIDENTIFIED IN increased prices upon so"'
of her leading productions IN o'her
T.ta = singIe article-say u yard OF woollen cio'i-
800 ui;cb she wants a specific duty so us 10 ehanie
r." .ol !, IN the hcme market al an enhanced price
~ xorc of wool must also have hiS prulectioh, W
\ lax upon the raw material, to prevent is 'hPol'a'""
At n low u.ice; and so is with every olher eieHe''o "
which lis ward of woollen cloth IS hhaiiy c0"r"''
Tie iron. Of which all the labor saving machinery -
made is taxed; the wool is taxed; under iEis System VI
nrotec,iou extended, every thing that the 'aooiel coc
sumps is enhanced in price; and, win ms gu" ~" r
cha, eypansian, ard The whole result is, mat ''e +.
production in the yard OF woo!lens IS SO ihc., =. - .ai
illere are no permanent pTeii's' iha''!' " Wv ~
invested. So c,c-ased
-cs,r;c,ion and prohibition. Ne, ST! The True prolsc
ton to domestic labor and STEADY p'oh's eP"n w.
pi,al. is fixed and stable legislation, WIN u h"ea /"
s,-lJa curyfncy. FIX your general taxes low, anu
expenditures low and, above all, let Us have a
goIa and silver currency, and tliis country VIII f'se
more yiaorcus and elastic from her present iaii. mere
IS nothing more important Than certain ahc "''u =,
cisla,ion. Only let your laws he equal, CERTAIN anu
stable, and the enterprise and industry o. 'n'S ~ eo"",
,rv will aaa,t themselves TO whatever you may DO, ana
rise superior 10 all difficulties. What the businessmen
and nropetty Of this country want al present, more
Ih.n ANYTHING else, is certainty and stability III your
legislation. Let your currency tie Tie tue measure o,
value, abroad as we'll as at home. The greatest OF al
blessings TO labor ard to property, IS 10 have a currency
certain ard fixed, beyond the po'cer OF G0reTnmtnt,
Mroagh ara shape or form, to tcmPtr r"M or Hi!fr'-
1b;. Is he true ard permanent protection 10 p!oauc-
tive labor, in every par, Of The confedefacy. But high
RESTRICTION, with expansion of credits, prices and Cur,
cula,ion Will be productive of sad disappoin'men'S and
disaster 10 all who rely upon them.
Soy, Sir. ms 10 The argument that a high Tariff is
necessary TO preserve our specie in tic country, and
to impof, it, 1 have shown that, if it we're true, II
would dcrauge trade, and finally the legitimate d's'r''
hu.,on of wealth. The following table OF the exports
and inpor,s Of specie will show, from les' TO ie"2, IN,
elusive. (Which was tie period Of highest IestT'cton0
TIE imports exceeded the exports only S0,Eo,'o i (;
and that during the free trade period OF nine years,
from 1893 10 lcil, inclusive, The imports exceeded the
exports Ioriy nine millions q de'afs;