Southport telegraph. [volume] (Southport, W.T. [i.e. Kenosha, Wis.]) 1840-1850, 1843-09-19

banks al ALL Witness single fact:-Las
winter the Legislature of Ohio adopted thu
/" individual liability system in that State
the conseguenceis,t that not dollar of the
stock OF any bank chartered last winter ha:
been taken,
! TARIFF TAX.-Many people are moi
aware of the amount of tax tariff imposes
on the people of. the West. The Ohio
StatesmaH says if Ohio imports this year 90
millions of goods of the New England man
ufacture, she pays at least 10 per cent. ad-
vance, because of the tariff. amounting to
the sum of tro millions Of dollars, The
people of Wisconsin of course pay like
proportion to the amount of goods they pur-
chase of the New England manufacturers
And what equivalent does the West for this
overwhelming amount of tariff taxation? Is
it contended that a tariff makes better mar
ket for western produce? The New York
Express says the price of wheat and flour the
present season, will be dependant upon the
condition of the crops in Europe and the
consequent foreign demand.-Here then, is
the admission of wing tariff paper, that the
tariff does not create a demand for wheat and
flour for home consumption, but that the
price after all depends upon the plenty or
scarcity of the crop in Europe
70 Our neighbor has made out most
pitiable case for the inhabitants of the vii
lage of" Sell-much-and- buy-little,'' and has
proved conclusively that humbug does distil
most naturally from the brain of the shallow
politician. Children sometimes build cob
houses for the pleasure it affords to tear
them down: and learned men sometimes
build up ridiculous propositions that their
wisdom may become apparent by their sue
cess in destroying them.
We believe the one-sided free trade. of
which our neighbor speaks, is not the doc
trlne of the Democratic party. Whatever
opinions some individuals may entertain, this
doctrine is not generally received. Even
John c. Calhoun, who may be considered
the most ultra on the subject of our leading
men, distinctly says that he is in favor of ia
riff for revenue and incidentally for protec-
ton; so that so far as the case, which has
SO learnedly been made out goes, it has no
application whatever.
So far as we are concerned, it is poin
on which we have yet scarcely made up our
minds. We incline to the opinion, however.
that America, alone, with perfect safety to
herself, might adopt the principle of free
trade. We do not see where she would
lose by it, 1t strikes us that the high tariff
policy of other nations with which she trades |
would operate with regard to her Just as do
her own protection laws. For ms lance ia
king the case of the inhabitants of g Buy
Observation-Disclosures They raise grain
and not gold. Now suppose the people
with whom they trade, will not take their
grain,-they have nothing else to purchase
with, and the consequence is they are
obliged to turn their attention to to manu-
featuring at home the goods they cannot buy
abroad, and the manufacturer has the strong
est kind Of protection, for he is guarded by
the strong law of necessity. Nor unless the
manufacturers abroad will take the product
of their soil can they ever compete with the
home manufacturer? and if they can and
will take such products, shall not the inhab-
irants of this village have the privilege off
buying where they can buy the cheapest
it not this the effect? Would not the re-
strictive policy of other nations operate as
protective laws to us! And whilst we lost
nothing, would we not gain by this one-sidcd
free trade. Unircrsal free trade, it is adj |
mitted on all sides, is highly beneficial
Should we not gain then by the weight we
should exercise in bringing this speedily
about? 1t is necessary that some one should
take the lead, and when other nations adopt
the policy, as they will, we shall find that
laws of trade are but parcel of the laws Of
nature, holding their course with the same
immutable regularity. We shall find that
every nation will engage in those branches
of industry for which it is most naturally
adapted; and we shall find, too, as conse-
quence, that the sum of human happiness
and comfort will be materially added To-
We have not time to consider the subject at
length at present. If necessary we may al
Jude to it again.
| THE FATHER OF HIS COUNTRY.
| Hear what the Father of his Country says
on the subject of pdpcr emissions. The