The North-Carolina standard., 1843-07-26

stances, to extend a like credit to the consumer
But under the present tariff the duties are to be
paid dOoon in cash Every thing has fallen; and
cash IS worth FIVE per cent. more than it was in
1928; and the importer of course puts this differ.
ence on his goods Paying, as he does, cash du- {
ties to the Government, can be, even after putting
on the difference, credit the Southern NERD haiIk
long as he did in 1922 And if the Southern
merchant cannot get the same terms under the
tariff now that he got under the tariff of 1928,
can ne be expected to credit the consumer
But, say the advocates of the present biob tariff
the bill the Whig Congress passed in Aua,,..
1912, was designed to raise revenue. We dom,
that this was the main object of the bill Fer,
tariff is of course laid with that desion a. /,
would be absurd to expect it would WELD no,b;,a !
to the Government But we denv that tbis u,as
the specific object of the bill it was passed far
protective purposes. "No two t1ihgs," saws MI,
Calhoun, care more different than duties for reve.
nue. and protection The one is friendly. the other
hostile, to the importation of the article on which
they may be imposed. Revenue seeks not to ex.
clude or diminish the amount imported on the
contrary, if that should be the result it neither do
signed or desired it. While it takes, it patronizes
and patronizes, that it may take more. 1t is the
reverse, IN every respect, with protection. 1t
seeks, directly, exclusion or diminution 1t is the
desired result; and if it fails in that, fails in its
object" tariff for protection is, therefore, ta-
riff which seeks to diminish or exclude the i'm
portation of foreign goods. The market in this
country must besuppled and if foreign goods be
shut out it is left open at once to the home manu-
facturer, who demands whatever price he pleases,
and the consumer being obliged to have the arti-
cle pays the price demanded The money thus
paid out goes into the hands ofthe northern manu-
acturer, whilst he, in turn, can buy the staple ati-
cles, the raw material, from this very consumer,
at any price he pieases for the simple reason that
the consumer is dependent on him for supplies,
and for the reason also, that high tariff causes
foreign nations to lay duties countervailing in
their nature. And in this way the South, the
great producing and consuming portion of the
Union is laid at the feet of the wealthy capitalists
of the North -.
But the circumstances under which the present
tariff law was passed, leaving out of view the
enormous duties it imposes, render it more odiouS
than any law Of similar character which ever
received the sanction of the National Legislature.
1t was passed in violation of the most solemn,
open and notorious pledges made by any
party; it was the worlrof Henry Clay, thesleader
Of the Whigs-of the very man who had avoved,
upon the floor of Congress, and before the people,
that the Compromise Act ought to stand, and
would sta4d and thatno man could call himself a
statesman or a trath-abiding man, who would get
up in Congress and propose to repeal it. Gan
the Wing party be trusted after this7 Viii
any man hereafter pay any regard to their ID ln-
rations, no matter how solemnly and openly
made2 Have they not forfeited, utterly forfeised,
all claims, if they ever had any, upon the conf
dence of the American people? Let us keep
them out of power They are dangerous me
Intent only upon the qualification of their amlf-
ton, and caring for nothing but the spols of o-
flee, when they get into power they bind heavg
burdens upon the people, run the nation in deb
increase, at the same time, the public expendi.
lures, and fill up the measure of their multiplied
political niquties, by violating the most solemn
pledges and by scofing at the people whenever
they are called upon to remember and perform
their obligations. But the people will not be
duped in this way. They rising now in their
majesty and strength; they are expelling the
Federal Wings from the national councils and
the next Congress will be emphaticaly the Con-
gress of the people. And we will then see whe-
ther Whig power will be able to perpetuate the
present abominable tariff law