Sentinel of the valley. [volume] (Woodstock, Va) 1841-1848, 1843-03-23
NO 90.

! corruption and lnIqulty,' the late United
| STATES Bank. public sentiment has set
| tied down here at least to the most thor
! oueh reptobatlon of every conceivable
| similar institution. Another of'the cor
rupting schemes OF our opponents, the in
famous Bankrupt system, by which alb
solution from all debts is made to depend
OIL the will Of the debtor. our opponents
have beer compelled. like the tabled Sa-'
turn, to swallow, though one Of thei: own
itverite progeny. f-
The Tariff and the Distribution. ".t
Two only of the spawn of their
begetting remain--the Tariff and the
| DlSfg1butjon Lar. The former, unfor-
tunateIy, in active and hanefuI operations;
| tie latter, under the whip of public dis
approval, and its palpable inspolicy, in
suspended animation, but by the FIRST
breath of popular applause to our oppo-
nents, liable TO be inspired with renewed
vitality. These two measures. mutually
cooperative in the support d each oti-
the interest Of favored ciasseses here,
and Of influential moueyed interests a
broad, and the cupidity of involved and
embarrassed States, present cOlnblna-
ton truly formidable to the strict con-
structionist and true Republican, and on
which our opponents hope to rest the is
sues OF the approaching canvass. On
the system OF a Tariff Of discrimination
for protection, not revenue, your reproba-
ton has been repeatedly pronounced.
and the Just Indignation which, in times
past, was visited ON the oppressive acts
of 1874 and 1928, must be again concen-
tratcd on the no less unjustifable law of
l842. Unconstitutional in principle,
and gIaringIy uujust in detail, it is not
only revolving ia its features, but in its
practical operation has been found inelt-
cacious to meet the wants Of the GoveFil-
ment, and grossly iuexpedlent.
The interests and convictions of the
Republican party of this State have long
made them the advocates OF free trade.
Not, however, Of that visionary and im-
practicable free trade, with which We
have been charged by our opponents.
which would admit all foreign imports
free from duty and leave the Govern-
gaent to be supported by direct taxation;
but, of that system OF tree trade inculca-
ted by political economists, aud general
Y, If not universally, taught in the insti-
tutiuns. Of learning throughout Chris(eu-
dome to Wing and Tory, Liberal and ~
Conservative, Democrat anG Federallst,
and thus sanctioned by the general as
sent Of the learned, the practical and the
experienced, whenever and wherever
Eecunary interest has Lot controlled the
expression CT opinion. Such free trade
teaches, that it is the true interest OF ev-
cry people to admit the products of other
nations free, all save revenue duties, no
matter what restrictions or prohibitions
on appropriations may be imposed by 9TH
ers, unless temporary retaliation is likely
to induce the removal Of those restric-
tinns and prohibitions. While we are
the advocates of free trade, thus under.
stood, aud hope for its future attainment,
we are content, under the present exi-
genCies OF the nation. to acqulesce In
what inevitably entails protection, to
sorae extent, by agreeing To a moderate
horizontal scale OF duties, admitting all
imports, whether coming INTO competl-
ton with domestic products or not on
the same terms, or discriminating for re-
venue only. This alternatiee is assent
ed To, in order that there may be no room
for the imputation of interfering with Or
violating established interests. At the
same time, tits certain, that duties in
tended as mere tax to support Govern
ment, and to be levied fairly and equal
ly on all property, interests, ard occnpa-
tons, must discriminate against protec-
tion. and be laid chiefly Oh those imports
| which do not come Into competition with
domestic products; else, the sugar plan
tiers, and nwaers Of salt and iron works,
and such like interests, would each, on
imports similar to- bis own products, NOT
only paw no part Of the tax, but would re-
ceive on advanced price of those pro-
ducts vastly more than the aggregate
tax paid by them to Government, on all
the Imported articles consuued by them.
| Thus, under horizontal scale OF duties, =
some Ut the wealthiest interests in socit-
~ would be wholly exempted from the
support Of Government, and the accumu-
| lated bun den be thrown on the shoulders
| of the TEST Of their feliw.cltizens.-lf,
then, fairness and equality of>taxatin re-
quire discrimination against the now pro-
tected interests, how flagrantly unjust
and Ubiquitous is it to discriminate in
their favor, and lay the. highest duties on
those articles equality of taxation
demands should be Subjected to the least?
II is also obvious, that the largest and
most TeFmaneat revenue may be raised
by taxing most heavily articles produced
solely abroad, because such taxation cah-
not stimulate antagonistic domestic pro-.
duciions, and thus end in prohibition.
Equality. however, in The imposition of
duties on all imports, is all M sIemard'
ed, and such manifest Justice should~be
Iaccordsd. in. Difference DO less TO The
! spirit Of tie Constitution. than Gle tine
poIieysof kenation.a In li"u OF The i'Ir-