Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1842-03-14
PROTEC TION
TO AGRICULTURE, COMMERCE AND
MANUFACTURES.

TO AGRICULTURE, COMMERCE AND
MANUFACTURES.
SPEECH OF MIR. sLADE, OF VT,
IN FAVOR OF A PROTECTIVE TARIFF.
HousE OF REPRESENTATIVES., Dee. 20, l641.
(Continmed.)
The mind Of President Monroe was not limit
ed to the narrow circle Of the direct and immedi-
ate benefits OF protection to the manufacturer. Ii
took wide range, and comprehended within its
vision the broad horizon which encirced the
whole country with its varied and complicated
and mutually dependent interests, in pence and in
war. He saw the effect Of the protecting policy
in providing home market not only for the raw
materials employed in our manUfactures-such,
for example, as those of cottons, wooIlens, iron,
glass, leather, paper, &c.-but for the numerous
articles of subsistence the produce of our agri-
culture, consumed by those engaged directly or
indirectly in manufactures; thus developing the
resources Of our soil and industry, increasing the
competition for their productions, enhancing their
value, and protecting the cultvators Of our soil
"agninst the casualties incident to foreign mark
ets" His wise forecast contemplated especially
the "serious difficulties" resulting from depend
ence in these respects upon other countries in
"the sudden event of a war"
Entertaining no sickly jealousy OF American
capitalists, he was wise enough to see how i'm
the manufactures consumed by US should be A
mercan rnther than foregn-that il should be en-
ployed in giving existence to the manufactures
here, where its influence would he felt advanta-
geourly on agriculture and every other branch Of
industry" instead Of producing them in foreign
countries, and thus becoming the instrument of
exhausling our resources and paralyzing our in
dustry.
The care which President Monroe would ex-
tend TO the manufactures of the country was of a
nature which views, so enlarged and Just, Of the
protecting policy might be expected to produce
1t was not an irregular and transient, but "sys-
temaic and fostering care"-a cure which the
magnitude and diversity and enduring importance
Of the manufacturing and dependent interests
might well claim, and mny still caim, at the hands
Of a wise and just Government.
The policy thus indicated in tho inaugural adj
dress Of President Monroe was carried out during
his whole administration. Six Of his eight annu-
al messages contained explicit recommendations
Of the protecting policy 10 the favorable consd-
GRAFTON of Congress. will now proceed TO bring
them in their order, to the notice Of the House. In
his first annual message, Of the Sd Of December,
1917, he says:
Our manufactures will require the continued attention of
Gonges Tho capital employed in them isl % az ana
most useful manufactures Of great value Their
which depends due encouragement connected with the
high interests of The nation
A word, sir, upon this paragraph. Here ia a
new element of national wealth, or, rather, one
which seems never TO enter the minds OF the OPP
posers Of protection "The knowledge required
in the machinery and fabric of manufactures is
(sad the Presidency Of great value" If "knowl-
edge is power il may he truly said 10 he wealth
also Who can compute the aggregate value 10
this nnlior Of tie skill, the "knowledge," which
has been brought into existence by the "system-
attic and fostering care" extended TO our rnnnufnc-
turers? To say nothing the machinery moved
by water and steam, look at the machinery of
mind in perpetual notion us a producing mower,
in the great depai tmsnt OF manufacturing indus
try. What mine Of wealth to this nation
But proceed to the second annual message, of
the l7th Of November, 1918:
The sct execution of tho laws resulting prnci-
last amending the several collection laws has is presumed
secured domestic manufactures all the Teei that be der
we'd from the duties which have been
chandse for their Poeeon Under tho influence of this
sumsd greater activity and although hoped that others will
gradually revive, and ultimately triumph every obstacle,
yet the expedency of granting further protection submitted
your consideration"
pass to the third annual message, of tho 7lh
December 1919. Having adverled to the depres-
sed state Of the manufacturing establishments, re
sulting from the pecuniary embarrassmen,s OF the
country, the President proceeds 10 state:
additional cause of the depression of these establish
may probably be found in the pocunay
which have recently affected those countries with which
commerce las principally Their
for want of a ready profitable market hone have
shipped by the manufacturers the United States and in
ny sold at pee below Their current value at the
lure be considered temporary contingent Is not on that
count less injurious lis effect Uniformity in the demand and
pe e ~ aemes of o mnosn ' To eve
to our domestic manufactures In what the evils adver
ted to may be Iemealed and how r IT may DC IN
due regard to ali the other great interests Of the nation Is sub
mittod to the wisdom of Congress-"
Here is al illustration of the "siifing" effect,
upon ",he rising manufactures of the United
e Io, g 49,. ......I,a, la...;taI b..
otaies, Oh gut VI our ulafhet, uescf'ueu Wy
Lord Brougham as resulting from the xcesslve ni-
,o.,.,;o,s Of IsI6-suh.ct;ng our nnpu facturas
Por."''"s " '9:o''"s WV SS
10 the danger OF prostrauOn, NOT 0h'y upon me
voluntary determination of British CAPITALISTS 10
-, .;,,.I ....;G.o. g.. ,h., ,,,,.,,,sa l,,,
make occusiohu' sacIIhces ioI 'hht pufPose, oue
upon the forced sacrifices produced by derange-
,,,a.,s In rho ,nonetarv aff;,irs Of that ,ountrv
meas ,s, " VS. " 49, II,
we nave now arrived NJ INC periou Waen inc
Comn,ittee on Manu- factures WINS Instituted In
49, I. n, Tho a,L Of C.oon,Ier laIo-,ha d.v
was houo o' ING ON vi Ne'o'""o' '0'"- vas" hoy
following the transmission OF the message last re-
farrod ,o-on the motion Of AIR Lille OF Mnrv-
toite" W '''~ w 49, 1900 '''N'J