The Middlebury people's press. [volume] (Middlebury, Vt.) 1841-1843, 1843-03-08
PRESS
Middlebury, March 8, Is4s
WORKINGS OF TIE TA6Ipp

! ''1"o'h5 the arliul clam1r apsio.,
Inc present tariff raised by party, The mo-.
powerful section OF which ayow.dI, -
direct taxaiiOn 10 any tariff what.,., :, '
pears by recent estimates from ofic :, .o
ces that the great objects Of reveru. -,
protection are being fully accomplished 4,
the bill Of the last session. FL,
OF room now 10 insert the full r.oo..
Of the Secretary of the Treasure
Gently laid before Congress. We give III,
following abstract. which is fully coa6rm.4
by the careful investigation. made By ii.
Committee of ways and means. No,sib
standing The excessive foreign importation,
made in anticipation of the passage of III,
tariff, at least Is millions will be realise
from the customs alone IN 1913. LMrbs.
appears from The report Of Mr. Fillmore the
able chairman ofthe committee of way.
and means, that IhH aggregate means Of the
government for The present year will prop.
ably exceei the amount Of appropriation,
Or expenses AT least millions, and rncudinr
whit was in the Treasury a, the commence.
ment Of the 6sca! year will leave balance
in JAM, 1874. Of five millions.
This statement further shows what is us.
ceriained from other sources Of information
Ihsi Tor a single quarter Of a year the export,
in dnmest C product, have exceeded lhs
imports between l3 and 4 millions. whichs
clearly dcmons,ralive of the efficiency Of
the tariff in protecting domestic industry.
As springing from this important fact We
should not emit TO mention great inriden.
tai benefit 10 the pecuniary affairs Of
country. Instead Of bei' 2 drained of >pg
Gle as we have been for ycnr-, 10 pay fo;
eign debts, gold and silver is constantly
flowing in upon US in payment Of the b,L
ance Of i-ada in our favor. The lgs, siesir.
er from England brought, a million in doll.
ars, and similar returns in solid coin are
daily arriving in our country from various
regions visited BY our commerce. Wei
ceive that current Of specie is setting froE
the Atlantic 10 the Western States. ard @.
ven beginning ito nIw up the Miss ssiPg
20 fill the vacuum produced by he u;-er Ia.
Irucion of the currency in that ,rc.na /.
msdcnp politicians of the loco school.
|, is true tina, owing tn lhr calLa1as,rs
and exhausted state of the cu5fency, arg '..-
immense surplus of the raw maicfiai ~ u.
foreign and domestic goods. price. conI'aus
depressed. But should the present tariff b,
sustained against the renewed assaults Of
| 'cofucoism 10 repeal it, the time s near al
hand when We shall witness The commence.
men, of a gradual improvement. Tie hr-
fl is working JUS, right, but It cannot &c.
complish every thing in momrni. Tim
must be given 10 build up new branch C:
production, and 10 multiply aud e.large u.
old ones. Even al this mUn-nt hg,ta-..
would commence an upward course were
not for the piralr>i, produced b. IN r.i1f
cry Of repeal, repeal constantly sou. d,1 &C.
our ears ffcm the ny rrnid IFS If oroorusEa
now about To occupy the seas 81 p'arra'
the capitol. But 81 il il, the connlv ,irk'
when Thai parry trIumphs Tie ercai b.
siEcSs community tremhlc d, lacir shoals o!
victory as Tie death ku, II OF all their luadl!t
cherished hopes. Never WAS money 50 Il
bundant in the cities as at the prescn, mo-
menl. But ii must remain idle. Men dare
not invest capital in industrial enterprises
when perhaps The mex, turn Of the puiilcal
" heel will raise 10 the ascrndcncv men viz
have hitherto based all their hopes. a..
who are susceptible of bit u single idra, O
fee, OFFICE. OFFICE. the arrainmeui o.
which they hinge upon debasing subseni'
ency to the slaveocracy Of the South.
Treasury STArEMENT.-lf any me-
doubts whether the new Tariff has dona
any good, we refer him to statement iron
the Treasury Department, OF the duties oc,
crued and the value of imports for the =
and Sd quarters Of 1912. Not only has The
treasury derived revenue, but IL viii D
found that the exports have lar exr"e1et
the imports and that we have paId i"f oil
imports. and more than Sl3.00O. roo "I on
foreign debt, 10 domesiic product, --''o' l.
specie.
Siatanlen. erlibitine The duties Gccrufd Q"
Imports.
Accruing during the 81 quarter, 1919, = 4eo,S
=. a. an IA 95IJl3-9
IS 81, rs
SLATE meals Of imports and Exports for the 4"
quarter, 1912.