Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1842-05-02

reference to the preservation of particular inter
esls however important, object, that the system
taxes the public for the benefit of one class, the
many for the benefit of the few. Is it so Eve
ry other great branch of business has direct in
tcrcst in the prosperity of the manufacturing and
mechanic nrts The commercial interest is init
matey connected with the manufacturing the ex-
ports of manufactured articles having become an
important item in the whole amount Of exports
That national policy which encourages enterprise,
which protects every branch Of industry, hnd
which deveopes the resources aud increases the
productions of the country, must increase our
commercial prosperity. Manufactures are also of
immense importance to the cousting trade 1t is
unfortunate that we have not the statistics Of this
vast business, exceeding in amount foreign
commerce carrying exchanges and the products
of our SOIL aud our manufacturing and mechani-
cal skill and Iubor from port to port along our Two
thousand miles Of coast and up our noble rivers,
spreading their broad arms through our vast inte-
ror. We call it coasling trade. II is great COM
mercia aud navigating interest. 1t is such al in.
ternal commerce as was never before enjoyed by
amy nation now employing an immense tonnage,
and many large ships, like those between Boston
and New York and New Orleans-voyages equal
in length ard of equal importance to those across
the Atlantic.
Besides, our tariffs ofdscriminuting duties have
never dealt out lavOrs with partial hand. All
have been considered with equal favor, as the
claims OF all are equal. Our whale and other
fisheries have been protected by prohbrory du-
" on foreign oil aud heavy duty on fish. Our
coasng trade il confined exclusively to our own
vessels. Foreign wheat and other agricultural
products are charged with duty, in almost all
eases prolIibltory; and the great Southern staple
has hitherto been protected 10y prohibitory duty"
agriculture The greatest interest
"rhn most numerous and important cInss - the
ugrlcuurists have the greatest interest in the
prosperity of our manufacturing and mechanical
labor. A change Of policy which should break
these down, would deprive them of their b, st mar
kets. Wherever manufacturing establishments are
located, Villages spring ur around them; their ef-
ieCis are Immediately seen in the increased vune
OF laud in the vicinity. Perhaps it would not be
extruvaganl to state that the establishment of man
ufucures has adtled an amount TO the agricultural
wealth of the country equal 10 the capital eln
plOyed in manufactures"
"Suppose we should now depart from the pol
icy heretofore pursued, of so adjusting The tariff
ms to favor the industry Of our own country, uni
versal emharras- rneu aud confusion would ensue
The whole machine, which has worked so WELL
would be thrown into disorder. There are now
by the census, 100000 opel atives. nil bnsiy en-
gagged III the thousand different pursuits which
stimulate industry and enterprise, and keep soci
ETY. in motion, by the mighty principle of division
OF labor. What are they 10 do? The larger por-
lion of them must become agricultursts That
occupation would becohe oversocked. The
great stimulus 10 eXertlOn--the vicinity of good
markets scattered over the land-would cease.-
Things would have tendency to sink downw1rds
to a dull, uniform level, Instead Of being all lie,
and activity and enterprise.
Labor, in iis cou.rss forms, divided and sub
divided in its inultarions pursuits stimulated, ell
couraged protected, is The Iiieglving principle of
modern improvement. This it is which has work
ed out the unspeakabIc difference between ancient
and modern nations. England has led the way.
Ii has elevated her 10 her present eminence among
the nations. 1t enabled her TO maintain herself
lriumphamly against all Europe. Suppose bias,
had come over her industry, in its various forms,
and particularly her manufacturing capacity, she
would have fallen, poweress. The continental
nations who had heretofore been dependent on
England tor manufactured articles, have wisely
determined To he no longer dependent on foreign
nations for what they furnish by their own IN
dustry, and have taken advantage OF this blessed
period n peace to deveope and cultivate their
own resources. And what is the consequence
We see them rapidly advancing in the greut bran
ches of manufacture the products of their skill
aud industry finding their way TO tho markets of
other nations. In other words, each nation is ia .
king care Of ITSELF which is the greatest security
for the prosperity of all. They are egisaling for
Themselves, imposing duiirs making commercial
regulations with view to the promotion OF their
own industry, their own national interests Why
should not tins Government use the power II pos
sesses, in this competition o nalionsS Why should
not we egisate J0r ourSelUes, not 10y excessive du-
lies, which would defeat the revenue and check
commercial enterprise bur by so adjusting the
tariff, that, while it will raise sufficient revenue
il will stimulate aud encourage every branch OF in
duslry: II this lie done, labor will find it's own
reward. The rates of the duties reported in the
bill are fixed at the lowest rates VIII ch, in the opiII-
Ion of The committee, will secure these Objects
too low in the apprehension of some Of the COM
mitiee lor the wants OF the Government"
Effects Of Il good Tariff
"A we'll regulated tariff, on scale sufficient for
the wants Of This Government, is the only effect
ual remedy for the evils The Government and the
people are now suffering. 1t will inspire conf
dence thron, houi the country. 1t will again sci
every wheel IN motion. II will improve and en-
large the currency 1t will send out its life giving
influence 10 tie extremity OF the Union, and give
vigor and activity 10 the whole system. IL will al
once land nothing else why restore public credit
| The people of this country know that our resour-
ces are abundant Let them but see thai Congress
has provided proper revenue, and has done it in
! such manner as III the same time 10 encourage
aud protect their own productive industry in all lis
branches, whether it relates 10 commerce, agri-
| throughout the broad extent of our land and the
credit OF Government will command at once all
! the ad il may need"
IN BANKRUPTCY.