Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1842-06-02
FAcrs Fon rLA1N ipEopGF.

Extract from the Speech Of Amor Law
RESqg, Esq at ihe Shoe and Leather Dealerl
Convention lately held IN Boston aiI
u have already said. lhats The .eres,
source of o1r trouble is,Fthat We import
loo much aud manufacture too lialls.-H
Why, sir, our imports fpr the last tcb
years have far exceeded our xpeFtss-rr
We have rim up Il deb. ia. Europe. shh
amount ot<wbich ID truly frightful. Thk
amount 81 States city, bank. and othdr
corporation slocks. held abroad, which
we have sold and pledged. amouuls tp
TWO HUNDRED MlLLIpS sloF DoLLARs.-l
Besides this principle sum- we pay I dr
should do sol lnsarly d million Of dollars
evey month for interest. Yes. sir, more
thaE two Aundrefthousand dollars goes
every week ID Europe tp pay our inteE-
est 90 this debt. Now i ask. what have
WI 10 show for this two hundred millions
oss sde 81 creatsd ia the last Ten years. On.
and mo enues Al at on O1IE Huy q ssss ss.e
Inports9 viz, xs haps had q great n Ifr
mount of chcmpcgns aud French ri6toas,
md u IlrrLK RAE ROAD IRON. ! confess
thatithe reeklessness with which our PUP.
lie affairs hays besnlmanaged 10 this 3df e1-
partner, Of our national economvris kpH,
soIulely appalling. Or country liserssf'
morfgaeed, moi att home, but abroaI 3oFI
TwolHUkDREp MILLIONS or poLL1Es, AcF
which we have received the sntplosessd1l
the tinaIufacIures dc every county u 2
Euroee to The permanent injury of dur
farm ers, mechanics, merchants. manuiaIc.
1 turers IA fact. o. every Individual, WhhtT'
ever his .UccuPalioE1 vi condition mFy
be. EA -. M
Many persons kaFe regretted our l1sk
or credit abroad Aferfone, Iscannoi pgref
with them, lthsIrisk Of beiHg ddnooHc-
ed Is q polIical heFetir. I relplce that
We cann6t borfoW anblher dollar. Ny
only regret il, thai We have been ablsltp
sborTg1w so large 30 amount, much gdi
which | fear viii never be paid, to tde
disrrace Of those who have borrowed thh
4 money. il would have been gFk5i
blessing 10 ID All, III our credit bad isllep
Us abroad many wears ago. Il we DAD
drawn the coin for IBID loans instesdIdi
lbtoadcloths and ealicoss, french bopEHs
and shoes. &c. Sc, our debt now woflp
have been but small amount. Aa II
\ M. President, the question comes hP
/. at once. when we look atths condftio9l q
he counHy, what cau be done TO resiYrf
4 our lost prosperity, and the falling rre1qFIl
Of The Goyernnentlf The frft measufe
4 III nv humble Judgment, that should hsFE
occupied the attention Of Congress les
December, was 10 have mads ample rs9
visisn, by the adoption d tariff of ddfpE
I ties upoti imports, to meet Ak the necsssa
1 ~ expenses Of iha government, and ms,
1 vidsIa sinking fnnd 10 pay off the nasiufla
! debi. II this hsd been done coRildsfeF
4 would have been restored, and You wopift
| not witness the scenes Of trouble Sh1
\ PRESENT themselves Al The present NiaeEFTT-tt
u rerret, however. 10 say that The eo4dI
4 ,ionHof affairs al Washington i not fsI
lterittg. that d any things are dong sha
Il should not be done, and great mtps
Il left 1nndone which II lis their duty n
ldo.H Ilsl
/ DO not speak - ! politician. l VII
] nothing from the people but their goci
/ will! and no,binf from The Executive Anl
4 Congress but wise lsgislaticn, sueh 4
I Twill resiors to The vhoIe country ~
I. reward ior he industry Of the people ]
J III appears % he. ~, not avery .dli9
j CUT matter Ia fix ppon . plan g sciaIeg.
1 The great objectsaEs al have n YisT'i
i A sound currency can only be based nn|
sound tariff; eyye u the latter, and \
III an .fter wards establish The iormeF.
IN iiVerv clear In lie opinion. that We 81
never mainiain sound currency tnFoqRsl
1 hi he Tinted States. If we are 10 tgaE
ii ferlonr workshops ID, Enelgnds FrpnS
and GERMANY. we can never be prN
= psrcus In Ibis country aud fr.sints n|
= Uniform siandafh q value wilhpus B;
q tectine. the IaboSsF ia lhis emploEmsek
Isl or wealth! DIR resources every fiIl
w possess sndEEenioy u founded II
Y bcr: hence itHEnust 81 eheEIsheds 4
= Tau ser suffered 10 IanguIsh from iersi
4; ssilioa, ii