Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1842-05-23

worthless and inferior atolns by winch purchasers and
ennsunefs are often imposed on.
In assessing adj raiorem duties the foreign value Q,
toods imported has been assumed as the basis oil the duly
In aseefialnnq tins value by apprahement. II Is attempt
cd 10 place some new guards the feyenne Bui 1t
may he worthy oi consideration whether II Mould not be
advisable To adopt regulation by wheh,he option should
be gwen In the collector IN where supposed under
valuation IN the invoices eNisa ae the foods fur the
llso nj The Government. hy paying the importer tr the
s1hie al the value mentioned II the invoice. together
with IN advance al ten per cent theIeon, and tit
aye Of costs aud charges IN the importation Of snnlar
goods.
\ matera ard indeed fundamental consideration.
Which nfaneied large portion et the country II the
fonfehae act WIS the home valuation which pom
t7ed hs consideration having failed all PARTIES are
Al laeftN 10 project such schemes for the adjust
mint Il hilts on imports the COMMON nteraat may
dfmahd= Hut. III attempting such adjustment. the spifit
Il e7aeea4an and ieheamnee which should elafaeefize
every measure heanpe extensively upon Various aud
sometnes conflicting ntefess speahng perhaps with
moe mennelY IN tina instance. oi eonflieenf opinions.
aueit l. 10 observed In THIS respect. and this only
the great principles Which entered ntu tie eonIao
nlae act be substantially carried out
'Fhe sf,iem Of cash duties although material coa1
ton Ia the arrangement ri the compromise act uat now
stand up1n its e@n intrinsic merits. In ta alone
Is recommended Ia tongreea The abolition Il custom
huuse credits is measure sustained " feas4ns which
arfpar 10 ide Department 10 he conclusive In aflef 10
appreciate the advantages 81 enal sssfem may h.
well Ia premise thai than hallol all tia imports
from Faafe aud considerable portion of lhosn from
other eannlnfs are on iafeen account H. eme branch
~ ri the import huanets tsks. for instance, American
merchants have gwen place. ano7l entirely II foreign.
ers The causes wueh have induced tis safe n thing
Yauous, and may not be equally operative Il Ii be
llefed. however, that. among thce eausrs credit
system mak MT have been without some Influence -
But waAng all discussion u this point nj present. the
act that ~ af}e mn amount OF the import business Is
nov III hrnan hands and that the advantages II any o
le credit ,siem great measure IL them -
consideration moi IN Inc dsreganrd Another cnnaltfa
tnn ei Efeal weight IN Tins matter IL tin eifenn3ltnae
that thu fluctuations and repnsons teqanni, c,pe
enead neur ereai mafls ol foreign commerce the effects
ii Which have heeh a. often fell throughout the whole
country. IL b. Inscribed. extent 10 tho tle
Ties afforded lay our system 0i custom house eredlt
lher arr ia ali practical purposes loan of money Ia
the amount 81 the dnlea, by the Government, r i'm
porting merchant Tie credit ilscli becomes capital
n trade. and Serves 10 stimulate and progressively en-
latge that portion Of the import huaness winch re.ts
wholly on fictitious basis.
i mnt he true that men Of snlal eapila or uitlldni
any eapialat all, would be benefited by Obtaining cred
Il ifem the Governments Int ii ~ ltss true that tie
elaim IL thu extraordinary indulge II II exists Al all
ataehe saley 10 the American merchant, aud belongs
III no way To foreigners. II ia, moreover, worthy Of re
mark, that IN a sound condition Of The trade when Il
tasn sapeleg rea. called Tor by TN wants Of Ae
the prospect a ready market OF may hn CHAINED upon
the credit ahd responsibility 81 the importer, in thu
munit} Whaie he fesile3 II he dots not POSSESS his
ene ~ responsibility among his nfglto.5. thete aP
pfaf5 10 YeY eod reason why he should he trusted b>
The Government. Iheaoenrily which hc efIs IN tie
', '' "'o' ~ '''i',ao,o' ~ i''' n'il'I
i' ) win u i'lts' '7'apl,''l'u ~ tn 'aMR3 ~
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- - '' ~. s'"'' ~ 'ins'
Tvs no ols'' ean''no's. 'aP,a
- 'i''''''''Y 'p4iH'il' '' sopp'9"@ INC fo1.s WIN
P'eep l''"u,is o,'o i1u'n VI ''e 'l1e nson mas oe'
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,ha,.l -, F. 1T -. -
ai z',,4a t.',, :; -.
,l5 want = i a,I, , he ,,,,, = -,
exel,4ossaI sogol,e |, ,,l =, li, ,r, :,
rcs,.aroi l., 49, 10, ,Io ,,r,,, ,, .,,s,,, "a III
ga, l, r,,,,i,,,a : 49,, ,,l ,, - -
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a l,.,,,,,+= - t.,,, e1,,.l -. -.
l,,nsa s,ed,,g y NV ''7', - y e'''''''
nne', '''',aR' u '' e'No e'seiii'' no - soas
- VIZ '''o' a,, " 'AinS'S 'nfld'h' III 'eo feefh ol
~ 'p,''I u custom mouse ''9'as ooi
s"'"lt anu ''laiu Is WY great nna I'M hH"'iht u,
,te, sr,5 ,a,,l ,,oa, "a sa,aa .'',
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sa' @ "'t ~ i"N"'us) u,'''V"' "e
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