Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-07-01
ny LAST EVENINGS MAIL.

E rccutive He defended the power of the Veto, and
the right of the President, to it against Dill OF
which he dsapproved Mr.. w. Cost Johnson came
ont with his wonderful panacea of an assumption OF a
large class of the State Debts The House agreed 10
print the Message ION MIR. Cushng's sitting DOWN.
and then adjourned.
Extract Of a letter from Washington, Jane 80.
"rhe veto Of the Bob-ta Tariff Bill is in, and has
elected pretty warm discussion. II IS decisive
against Distribution in any event, whilst the duties
upon imports shall exceed ~ per cent did not hear
i, read; but such is the general Interpretation OF our
fnends-and the apparent chagrin and indignation oil
the Feds confirm that belief.
awe have some excitement; and it is possible that
may lead to postponement Of most of the unfinished
business and bring about early adjournment The
Distrlbuonists and Protectioniss must now compro'
mise, the defeat Of the Tariff Bill is inevitable.
PRESIDENTS vEro MESSAGE.
To thc House Of Representatives,:
return the bill which originated in the House OF
Re representatives., entitled can act to extend fer a IL
i;ed PERIOD the present laws for laying aud collect
ing duties on imports, with The following objections:
II euspends-in other words, abrogates for the time
the provision of the act Of 1888 commonly called
the " Compromise Act" The only ground on which
this departure from the solemn adjustment of great
nd agtatng question seems to haze been regarded as
expedent the alleged necessity of establishing, by
legislative cnnctments, rules and regulations for
sessn the duties be levied Imports after the 3Dt
June, according to the home valuation and yet the
| III,
gust there be further legislation upon the subject,
the laws for laying and collecting dates shall be the
same though this act had not been passed. In
other words that the act Of 1888, imperfect it is
considered, shall in that continue TO be, and to be
executed under such rules and regulations as previous
statutes had prescribed, had enabled the Executive
Department provide for that purpose, leaving the
supposed chasm the revenue laws such as 1t was BE-
fore.
am certainly far from being disposed to deny that
additional legislation upon The subject very desirable
on The contrary the necessity, well difficulties,
of establishing uniformity III The apprasements to be
made in conformity with the true intention OF that act,
was brought to the notice of Congress in my message
Congress al the opening of It's present session. But
however sensible may be OF the embarrassmcnts to
which the Executive the absence OF all aid from tie
So peror wisdom OF the legislature Will be liable, in
the enforcement ct the existing laws, have no., with
the snceres wish 10 acquesce IN its expressed VIII,
been able persuade myself that the exgency OF the
occasion is great to Justify ne in signing the bIi!
IN question, with my present views OF It's character
and effects. The exsting laws, | ain ADVISED are
sufficient to authorize and enable the collecting officers
under the directions OF the Secretary OF the Treasury,
10 levy the duties imposed by the act of lc33.
That was passed under peculiar circumstances,
winch is necessary hat should do more thau
barely aIIude. What may be, in theory, lis character
have always regarded II as lmpar'ng the highest mo-
raj obligation. 1t has existed tor nine years, uh.
changed in any essential PARTICULAR with as general
acqulescence it is believed, ofhe whole country, as that
country has manifested tor any OF her wisely es
ablsIed institutions 1t has insured to 1t the r'pose
which ways flows from timely, wise aud moderate
counses rrpose The striking because OF the long
and angry agi,aiions which preceded It, Tins saiuay
aw poclalms, III express terms, the principle WHICH,
while il led 10 the abandonment, OF scheme OF indirect
taxation founded false basis, and pushed 10 danger
Gus excess uses any enlargement Of duties that may
he called for b. the real exgencIes of the public service
provides hat duties shall he laid for the purpose OF
raising suc! may be necessary to an econo-
meal administration of the Government IL Is there-
tore power OF Congress 10 lay duties as hgn as
its discretion may dictate, for the necessary uses oie
Government, without infringing upon the objects oil
the &C, Of 1898 do not doubt that the exIEences OF
the Government do require an increase OF the lari oil
duties above 20 per cent; and as little doubt mat
Congress mav above well below that rate, SO DIS
criuinate 10 give incidental protection 10 manutac.
turing ndustry-thus 10 make The burdens which II IS
compelled to impose upon The people, Tor The pur'
poses of Government, productive OF double bene-
ill., This, most of the reasonable opponents OF pro-
,ective duties wiling to concede; and, II
we may Judge from the manifestations OF pubic
upinon in all quarters, this Is all that the manu-
featuring interests really require. am happy IN The
rersuason that this double object be most easily
and efcctuaiy plshed, at the present juncture,
without any departure from the spirit and principle OF
The statute in question. The manufacturing classes
have opportunity which may never occur AGAIN
Of periua nenily identifying their interests with those oil
the whole country, aud making them. IN the highest
sense of the term national concern. The moment IS
prop,ious to the interests Of the whole country, in the
Introduction of harmony among all lis parts and oil us
several interests The same rate OF imp0stS, and no
more as will most surely eestab!ish the public credit
will secure TO the manufactured all the protection he
ought desire, with every prosl ect OF permanence and
stability, which the hearty acquIescence OF The whole
country, reasonable system, can hold out to hm
But of t:,ts universal! acquescence and the harmony
and confidence, aud the many other benefits That VIII
certainly result from il, regard The suspension o The
Law for distributing the proceeds of the sales of the
pnblic lands as an indispensable condition. This mea-
sure is in my Judgment, called for by large num-
ber il not great majority, of the people OF the u
Stnes by The state OF the public credit aud finances
iy the critical posture OF our various foreign rela'
tions; and above ALL by that most sacred of all duties
public faith. The act of September last, which
provides for the distribution, couples it nscparaby
with the condition, that Il shall cease-hrst, ~ case
of war; second, and SO long as the tate oi
duties SHALL for any reason whatever, be raised
above 90 per cent, Nothing be more clear, ex
press or imperative, than this language. 1t Is IN vain
To allere that deficit the treasury was known to
rist and that taken 10 supply this deficit
BY loan he the act passed It's true thal loan
was authorized at the session during which the
distribution law passed; bat the most sanIuine oil
the friends Of the measures entertained no DOUBT
but that the loan would be eagerly sought after and
taken up by ca irass, ard speedily reimbursed by
country destined they hoped, soon 10 enjoy over
flowing prosperity The very terms OF the oan max
inc il reecmable in three years, demonstrate this be-
vond oil cav Who at the time, foresaw or INA
ned the possibility Of the present real state OF things
when nation that has paid off her whole debt since
the last peace while all the other great powers have
been increasing theirs, and whose resources already 50
great are vet bat in The infancy OF their Development
should be compelled 10 haggie in the money market Tor
paltry sum not equal tn years revenue upon her
economical rystem If the distribution law is 10 he ~
definitely suspended, according not only TO It's own
terms bnt by universal CONSENT in the case OF war,
wherein the actual exigences Of the country or the
moral obligation to provide for them, less under pre-
n, circumstances than they could be we actual
" engaged war? II appears to me 10 be the lndis
pensabe duty of all concerned in the administration oil
public affairs 10 that state OF things so Illuminating
and so perous should not last moment longer ,an IS
absolutely unavoidable. Much less excusaoie sh"ui0