The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1842-07-07

ren have had the control of the Govern.
ment twelve years and all know 10 1910
the last year of Mr.. Van Buren's admins.
tration, the distress was nearly as great as
1t is now, yet the Wings are charged with
our present difficulties when a Wing adj.
ministration had only been in power one
short month, for Mr.. Tyler's course has
been as much in favor of Loco Foco as
Wing measures.
The Address says the Wings are in ia.
vor of National Bank aud the BANKING
System as it now exists in the Country,
but the Democrats are opposed. 1t is
true, the Wings are in favor of a Nation.
al Bank, so was Washington, Jefferson.
Madison and Monroe. But We DENY that
the Wings are in favor of the Banking
System as II nop exists in the Country
and we affirm that the Democrats have
done more 10 bring Ike Banking System
TO It's present deplorable situation than any
one else. When the L. S. Bank Charter
expired there were in the Country about
300 banks and Immediately in every State
under Loco Foco influence Banks were es.
iablished so rapidly tina: in a very short
time they amounted to between ! and 500
And in most Of the States under their ia.
fluence many of these Banks have become
worthless. See Mississippi, Ohio, Illinois,
Missouri, &c.
The Address charges the Wings with
being in favor of a Protective Tariff and
the Democrats are not. Tue writer Of
tins Address Processes to be a JeiIcrsonian
Democrat, and what were Mr.. Jefferson
opinions relative 10 protection, why, be
was in favor Of meeting prohibition by
prohibiion-ihat If any nation would Iuy
prohibitory duties on any thing we had to
export We should act in the same way to-
wards them, thereby protecting ourselves.
Hear what he said in 1893 in a communi.
cation to Congress:
"should nny nation contrary TO our wishes,
suppose il may better und It's advantage by con.
tinuing its SYSTEM Of prohbiiive duties and reru
lations IT bchooyes us to protect our citizens,
their commerce and navigation, by counter pro.
hib.hons, duties and regulations also Pros com.
merce and navigation are not TO be given in ex
change for restrictions and vcxaticns nor are
they likely 10 produce a relaxation of them
The following extract of a letter from
him to Benjamin Austin in 1916 aud pub
lished in Niles Register is also conclusive
that he was opposed 10 the doctrine Of
Free Trade.
"ComP7re the present state Of things withthat
Of 81. and say whether an opinion founded in tho
circumstances Of that dav can be fairly applied
10 those Of The present. We have experienced
what we then did not believe thai there exists
both prohigacy and power 10 exclude us from IN.
tcTehange with other na,ions-fAdf 10 he inde.
pendent for the comforts Of life must fabricafe
them oHfselrCs, We must now place the mann.
facfafer BY the aide Of the agricultural. The
formc, question is suppressed, OF rather assumes
a new form. The grand inquiry is now shall
IRE make our oien comforts or 20 ,cithout fAem al
he NIL Of dlothsr nattoH iie. therefore, who
is nov against domestic manufactures, must he
for reducing us either TO Dependence on tiai
nation, or be clothed in skins. and to live like
Wild beasts IN deus and cavcrDs. am proud 10
say that ON not one NJ fkem. Experience has
taught inc that MANUFACTURES are n0B as Heces.
sdrg 10 opr independence as 10 oWr cOmfort-and
If those who quote me OF different opinion
will keep pace wi.h inc in purchasing nothing
foreign, whore an equivalent % domestice fabric
can be obtained, ssiihoRi regard 20 aag difference
Of price, il will bo our fault if wo do not have
supply al home equal TO our demand. aud wresi
that eeapoa Of distress from the hand which has
SO long wantonly violated it,"
Again, in 1917, in letter to William
Simpson, Esq, also published in Niles
Register, Mr.. Jefferson has the following
Il have read with great satisfaction the clio.
quent pamphlet you were Kind as to send me,
and sympathisc with every line OF il. was
once a doubter whether the labor of the cultva.
tor, aided by tho creative power of the earth it.
manufacturer alone aud unassIsted by the dead
subject on which lac acted IN other words wheth.
or the more VIC could bring into action Of the en-.
ergies Of our boundless territory in addition 20
the labor of our citizens the more would be our
gain. But the invention of the later times, BY
labor saving machines, do now as much for the
manufacturer as the earth for the culiivator--
Experience too has proved that mine ,cas but half
The question the other hale is whether dollars
and cents arc to bo weighed in tho scale agains,
real independence, the question is then solved, at
least so far as respects our own wants.
much fear The effects on 0ur infant establish.
meats Of the policy aromed By Mr. Broagham and
quoted in The pdmphiet-f adir'duli BRITISH mer.
chants may lose BY he late immense importdiioas,
but British commerce and manufactures IN the
end triH gain BY beating doirn The competition
of ours in our oten markets.
The Address also states that the
"Whgs are in favor of increasing the
expenditures Of the Government so as TO
consume the revenues to be brought in
by high Protective TarifT-whle the