Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1842-06-02
TIE TARIFF.

The intelligent Washington correspond
eut of the New York Express, writes as
follows on the subject Of the Tariff ques-
ton now before Congress-
There arc three reports now before the
House upon the subject Of the Tariff. -
They come from the administration prop.
er in the form Of the report Of the Secre-
tary Of the Treasury, from the North and
the Committee on Manufactures in the Re-
port Of Mr. Salstonsisll, Of Massachusetts,,
and from the South in the Report Of Mr..
lisbersham, Of Georgia. The crntre and
the extremes Of the Union, therefore, have
spoken.
The report Of the Committee On Manu-
faciures as well as the report from the
Treasury Department, consider the mea-
sure not as one Of Protection, but as one
Of Revenue and incidental protection.-
Jealous, however, Of protection in any
form, some Of the Southern members have
ash, Il. anI The House has granted, re-
ltrcuce &C the whole subject TO the Com
mi,ter Il Ways and Means, which is the
Revenue Committee of the House. This
| is lhe position in which the subjec: stands
sofne ihfrty seven days prior to the en-
fore, N, Ut Of the Compromise, and after
Congrt IS, as have said, is at the close OF
the sixth month Of its second session.
DO not much epprehend any action
unlugotabe to any class Of persons in dis
posing Of this imrortnn, subject. Wbile
the Manufacturers will not get all they
ask fer, tie free trade men VII get no
thing. Revenue will be the great object
Of all, but sufficient Revenue Tor the
support Of Government, embarrassed as
the Treasury now is, and burdened with
a debt, as the country now is, must settle
the question Of an imposition of tiSs far
beyond 20 per cent.
The Secretary Of the Treasury, in his
estimates Of expenditures for the present
and two succeeding years, states the fol
lowing as the necessary income
For the year 1912, S33, 1922, 25S
For the year '43, S32, l5S6oS
For the year IA, 1872, 262, 035
The probable receipts into the Treasu.
ry for the same period, including the lands,
he estimate as follows:
For the yeRr 1912. (nslu'-
ing tn oan Of 1911 an a.
and the treasury mates $40 202 600
For the year ls43, S29 ,593, 335
For the year 1914, S20, 593,335
These estimate are based upon inpor-
.ations amounting TO 1913, ST., 1856
Which would exceed gross
revenue of s32, 6O3. 1856
From which, however, is to
be d due d for drawbacks, &c, 5, 100 GO
Leaving a nett revenue Of 1927 lab, $50
Tac r.tr Of duty which would bring
about this result varies from 2 per cent IL
90. The basis of il, however, is 80 per
CT, nt, wl;h dscrirn eating duty @tic b
will meet the reasonable expectations ut
he III nufac,urcIs. All If n articles, il
is proposed, shall pay duty Of 30Pet
cetit silk and worsted goods The same !;
hts on1 lonne's nf LHg'orn, chip, straw,
OF gruss, fl,is, bralds, &c. - also, thos. OF
fur, wool, leather, the same copper, tin,
brass, pewter, lead, marble and wood
manufactures, the same. So, also, near
y all kinds Of wares and furniture, pig
iron and old scrap iron, phys n duty of 80
cents; shoes and boots from 5 cents to
ST. 25 per pair, an $, on. Th" iiill ri
the Secretary of'h" Tr"asu' Y, u Which !
am referring is a:orr i.keiy n conf rm Ia
the wishes Of the majority in Congress
than any other.
Yours, &c. f.. Il.