New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1843-06-13
Friends of Protection: Re Ready:

Friends of Protection! he heauy
From every portion Of the Union we have &C
counts of the revival of Business and the IN
creased employment of Industry under the ne"
Tariff. Property is generally approaching N
value, in spite of the ruinous CONTRACTION ., 'ie
Currency. which il at this moment smaller 10
yol,,roe than nj any time since 1880. Manuiac-
tures &c various kinds arc commencing and new
branches of production are opening IN the South
and West. where it was formerly SAID that only
Agriculture could be prosecuted. Tbs is what
the Country erninently needs-a better diffusion
and proportion of its Industry--and this the Ia
riffs efFecting Three or four active Alnutac-
1nrng villages in Indiana and Illinois, which
would attract thther the surplus Female fop'lla-
ton of the East, and give employment to any
Which may be unemployed In the West-wonid
reduce the price Of what those States must bug
and raise that of every thing they have to cell,
thus increasing the value Of all the Land, ITntcr
&c. in the West. Money, now almost total
stranger TO whole Counties would DC largely
put in circulation every thing which has any
-elue would possess cash value, and we would
no longer hear Of good horses sold at the Sherl1
post for IS and cows for $ 80 as they have
frequently been during the past year Our FRO,
tective Tariff ID slowly but constantly working
vast good 10 the Country; we only need lntcli'--
renee and firmness to sustain it, and all VIII be
we'll Let no man believe the Tariff lost because
the next House of Representatives. Is likely to be
Loco Foco; the SENATE the breallwater OF the
Constitution lis pretty certain to be Wing, ald
will, we trust, hold the Dcstructi"es at bay TIL
the Country can be aroused TO the rescue. NO
man has a right to despair Of the Republic.
The greatest evil now experienced is caused by
the want of National Bank. In the absence OF
such an Institution, Money concentrates IN o'u
Great Cities, where it is not wanted, instead o.
diffusing itself where it is needed and would be
useful. Millions are now piled up IN our BANK
vaults and private repositories because 1t cannot
be safely loaned or invested by its holders SO as
10 bring them per cent. while there are whole
districts OF the Country in which that money is
wanted on good security and would be worth lo'
There is chasm between the class which has
money to lend and that which might prohtably
and safely borrow 1t, and tins chasm would be
bridred by National Bank. Had we had such
an institution for six months past, the money now
living idle in our Cities would have been sub
scribed to its stock or otherwise. absorbed by IT,
and loaned out where il was most needed and
would be most productive. That money woaid
have been instantly employed in building, clear
ing, farming. buyins i'nPicnheh's' cio'hs' &c
yrVmg employment to Labor and making mar
ket for Products, to an extent which would have
vastly increased the Business and the annual Pro-
duction of the Country The farmer, enabled by
!, loan on the security Of his little homestead to
subdue, improve and lertilize it, instead of vast
ing his time and worrying his life out to get exc
cutions stayed and debts extended, would have
paid the money to the Laborer that he will now
pay to the Sheriff. and his crop would have been
doubled. We believe the absolute loss to the Coun.
try, from the unemployment of the Capital now
locked up in our great Cities, will be many mi
lions. This evil will to great extent cure itseii
ultimately utwhat is lost during its continuance
~ lost for ever.
The Tariff we havc-agood one, no'wi'hstand-
ing few uncomfortable deiccts-and II is the
shect-anchoy of the Nations Prosperity. Sur
rendered 1t can never be; and it must not be
overthrown. And Yeti any amount OF fraud and
falschood can work its overthrow, II trR be
broken down There arc interests adverse 10
those of the Productive Industry OF this country
which can richly afford to spend millions TO crush
the Protection now enjoyed by that Industry
These interests are always vic;lant, active, m
t,ligent, and lavish of mony, while the Home
Interest is sluggish and careless-'oo often I'M
drlv confident on the one hand or unwiSely des-
pondcnt on the other. This Interest must be
awakened, and il must put forth its strength IN
abe struggle now rapidly approaching.
We have said that falsehood is among the chief
weapons appealed to for the arrangement and
overthrow of our Home Interests rs secured and
expanding under the genial influence ofthc New
Tariff; we do not say that mtruth is in all cases
,ntonded-hut the effect is the SAME as If it were.
The articles of the Globe. Ne,c- Hampshire Pat
riot, etc. uniformly manifest gross ignorance or
fragrant Misrepresentation of the grounds on
which Protective Duties are asked and defended !;
they assert, over and again, that We seek to pro.
mote the interests of Manufactures BY imposing
burdens on other branches of Industry, and no
notice is taken of any correction of such false
statements, but they are repeated from day TO day
as though nobody questioned their correctness
The special hobby of the J8nrnai Of Commerce is
10 put its own words in the mouths o: the friends
of Protection,-,o assert as a notorious and un-
doubted fact that erery boay has become con,
yinccd that there ought to be no Protective Du-
ties--that oil admit Protection 10 be fundamen-
,alIv an error, sc. &c. No denial can be 81 en-
At;e M array OF facts 50 conclusive, as To elclt