The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1843-04-27
{ NUMBER 81.
FURTHER EXTRACTS
From Circular, addressed by the Hon.
JAMES GRAHAM, 10 his Constituents.


The same bill Excepting the land pari) was
again presented, and passed Congress. In
that shape II received the approval and sig.
nature Of the President, and became a law.
! voted against lha, bill, because thought
the duties imposed upon number Of ari.
cles in It were too high, and because after
two or three years, when the law 20, fairly
into operation, II would cause to be collect.
ed more money than was necessary for a
Judcous and economical administrations
For one or two years, that law may not
yield enough for the just wants OF the Go.
yerDment, and then latter the old stock Of
foreign goods are sold) presume it will
supply more than an adequate amount for
the Government. The tariff Tor the rate
Of duties pu, on foreign goods impored) is
one Of the most difficult or complicated
subjects 10 political economy. IL cmbrs.
ces a table Of duties on fire or SIR hundred
different articles all in one bill, aud the ar.
gunents and reasons Oh each one OF which
are Just as dlileten, as the nature and de-
scrlp,ion Of the articles. JUDGED, each item
nigh, form the subject OF separate bill.
The Government must be suppored--all
patriots will agree TO thu, proposi,ion.-
The amount Of money 10 be collected should
be as small aud limited os is consistent With
lusr wise, and economical administration.
I There are three modes Of collecting taxes
/ 10 support Government, LIST. By direct tax.
es winch is directly 10 collect tho revenue
/ IRON thu pockets Of our own people, such
as tax on land and other property, collect.
ed 10 tue manner pfactIsed by The SIu,e 60.
vernmenis.
ID. BY excise which ~ tar on the
productions or produce OF our own citizens.
4 30. The mode Of raising revenue by lay.
ing and collecting duties or taxes on foreign
goods imported into The United States.
prefer the las, way to ali others, be.
cause It is the mos. jus; and equitable
those only who use the goods pay the tax;
because large quantity Of the goods in.
ported are Injuries and costly articles, that
are used and consumed chiefly by the rich,
who ore most able TO pay the tax imposed
and last, though not least, because all 70.
reign nations compel our citizens to pay
,utii of duties, because they can have the
privilege Of selling our productions or pro.
wis; is commonly called free .etde.s Free
trade is LIKE free tavern or free corn
CRIB, where the owner buys every thing
and sells nothing. All the advantages are
on one side, and all the disadvantages arc
on the other. 10 IllsStrr'e, will put
plain case. Suppose, when a farmer IN
North Carolina haus his wheat TO South
Carolina to sell, be is there required, before
he can sell, 10 pay a tariff 10 that State of
fifty cents per bsshei tor the privilege or
7 license OF selling his wheat. Would the
North Carolina farmer think it Just and
right, when the South Carolina farmer
brought his wheat into North Co. olina for
sale lhut he should be permitted TO sell as
much ss he pleased without paying any ia.
riff or tax to the State for the license or
! privilege to sell in North Carolina No,
. indeed. BY that rule the North Carolina
farmer would get only fifty cents per bushel
I, for his wheat, after paying the tariff; while
/ the South Carolina farmer would get one
dollar per tashtl lor his wheat, because he
; came to free trade State. So that the
farmer in North Carolina would get only
! half price for his wheat, while the other
half would 20 to pay the taxes of South
, Carolina, There is more cheat in free
c trade, than there is IN unsound wheat.
will now put, not supposed, bot real
/. case, which exists IN truth and IN fact
/. When farmer in the u. States sends his
: wheat TO Great Britain, he is obliged to pay
to that Government a tariff Of fifty cents per
! bushel, for the privilege of selling IN that
!. foreign market. In like manner all foreign
II nations impose tariff on American produce
imported into their domlnions to support
II ihelr governments and therefore think,
J justice, equality, and reciprocal policy, re-
/ qulre that we should tax their productions
. here, just as they tax ours there. lf Eu.
rope compels the produce of America TO
pay taxes to supper, her governments, then
America should make the productions Of
>, Europe pay taxes TO support our Co ern.
!, ment. ] am MT for unequal trade under
! the false, bu, plausible, name Of free trade.
/. No, | maintain and advocate the principle
n and policy OF fair and equdl trade.
i Asageneral rule, taking series of years
- together, no farmer should buy more than
f. he sells. If be buys $1,000 worth of goods
l. and sells only $500 worth of produce in one
;. year, he is indebted $500. VIVA, have
- jus, said Of individuals is strictly true and
/ applicable to nations. IL the u. States
y imports and purchases more from foreign
d nations than they export and sell for SO.
'. ries of years, then The United States are in
y debted to foreign nations TO the extent and
/ amount OF that excessive Importation -
That is, our produce exported has not paid
Cor their goods imported IN the way OF bar.
ter aud trade and therefore we must pay
for that excess or ovcrplus in specie. Then
begins The drain of gold and silver coin from
:. the IT, States TO foreign countries TO pay
d foreign debts. A small balance does not
senslbs affect the currency and business oil
k the people, but whenever that foreign debt
is permitted to grow aud accumulate for q
: series Of years until il becomes large and