Sentinel of the valley. [volume] (Woodstock, Va) 1841-1848, 1842-08-18

are to go to destruction because our ex-
| ports Of one hundred millions are not
kept upa
If he read the signs of the times a.
right, became to different conclusion
from that at which the Senator has ar
rived, when he asserts that nations are
throwing of. their trammels on trade.
He (Mr. E. believed the reverse; he
believed that the majority of nations
i were adopting the protective system,
and becoming their own manufactu-
rerS,
He read a table of the consumption,
per head, Of British manufactures, by
other nations. While other nations, in
this consumption, range from seven to
ten cents per head, the United States
consumes, per head, Of British manu-
features, 81 o..
The doctrine now is, let England
supply herself and supply US; and all
we are to ask her to take is 10 millions
of our products, leaving US to consume
! the l 900 millions ourselves.
Gentlemen talk Of protection. Who
are the protectors' Who but the man
ui1cturers they have protected the
country against high prices and Auctua-
tons, and against the influx of foreign
fabrics, which drained away our gold
and silver. He did not say all this in
support of the present bill; for he had
not introduced it as a protective bill,
but as revenue bill.
| The Senator says 'ftruth is mighty,
and will prevail" He (NIr. E. tho't,
so too. He could see, in the growing
convictions of the whole people, that
protection would, before long, prevail
not to the injury Of the Senator's cotton
interests, but for their advantage, as
we'll as for that of the whole communi-
| ty,
Mr.. Woodbury. said that the Senator
from Maine had been pleased to notice
him by some personal illusions, which
demanded briefreply.
But, III the course Of that Senator's
long address, Mr.. w. would cheerfully
concede that he had made one very
just remark, in saying that some things
acre not suitable to this occasion.
MIR. W. respectfully suggested that,
among such things, might be consider
ed the voting here against numerous a.
mendmendments to this bill by any
person who had voted elsewhere for
them.
He would further take the liberty to
express an opinion that it was not alto
gether suitable to this occasion, when
twenty-seven millions of taxes were
! imposed on an embarrassed people, to
insist on accompanying them with one
provision about the land-to give away,
rather than collect revenue; and thus,
without necessity, increase the public
burdens by the General Government
near three millions of dollars, as well as
endanger the final passage of the whole
bill, and the rescue Of our national Gre
dit from its present shameful disgrace.
He felt forced, also, to add, SO far
as regarded the personal reflection on
him, that it did not seem suitable to the
occasion, or the place, to resort to per-
version or ridicule of arguments, which
no power had been shown to refute.-
And when a gentleman talked of the
natural course of things, or the natural
order Of things, as having been urged
by others in favor of a position, it
might be useful to remember that it
was often said to be the natural course
Of things among certain grade in the
profession at the bar, to resort to mis-
conception and ridicule only when 9TH
er means failed.
| Mr.. w. had said nothing whatever,
as had been represented, of any natural
rate Of duty. But what he, in fact, did
say, was, that the rate of20 per cent.
had been expressly agreed on in the
compromise act as a just and sufficient.
ly high rate on imports; that the opin-
ions Of such distinguished statesmen. as
were engaged in that compromise, and
had then, as well as since, approved it,
(and for whose conduct there had re-
Gently been claimed great glory,) were
entitled to much respect; that several
nations abrod had fixed on rate below,
Of no higher than 90 per cent; and that
this was quite high proportion of tax
alton on that kind Of property, compa-
red with what was usually imposed in
his country on other property.
Was not this fair reasoning9 And
had the force of it been met BY single
argument?
Why sir, one fact is demonstrative of
its correctness. Computing, as many
have, the whole property in the Union
at four thousand millions of dollars,-a
tax of 20 per cent. on all that, would
yield eight hundred millions; whereas