The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1843-06-01
TARIFF AND CURRENCY.

The subjects which have produced the most
discussion in this country for the last twenty
years, are undoubtedly those placed al the head
of this article. Parties have repeatedly joined
issue on them, and the wordy wars which en-
sued have been attended with various success.
The Bank party, and the anli-Bank party, al
ternately attained the ascendency Al one time
the high protective Tariff party were in power,
lin 1928 both Messrs. Benton and Van Buren,
votel for the most enormous hi. protective
Tariff that was ever inflicted on The country,)
and in very few years afterwards, perhaps, the
advocates of low duties had the majority in
Congress.
Shall these subjects continue to distract the
People of the United States forever? Are we
never TO have peace and prosperity again, as
long as there is an ambitious aud corrupt poll
tician 10 the land, who, to effect his selfish pur
poses, is unwilling TO sacrifice the best interests
of his country VIII the People always sub
init TO the driven TO and fro, for Bank, for no
Bank for high duties, for low duties merely
TO drag along the riumphal car of some below
ing Demagogue
That all our convulsions and distresses have
proceeded from unstable legislation-the ming
ling Of party politics in the deliberations of the
representatives Of the People-no candid man
will, at this day, venture to express doubt.
Then, since the evil is seen and understood, and
the remedy is obvious, Why should we suffer
longer
The "imperious Globe" says, although the
remedy is admitted, ii must not be applied by
Mr.. Webster, during this Administration.
We say we care not who applies it, nor do we
prefer any particular administration under which
10 have it doae, 50 i, be peH done, and done
gi.ickly II Mr.. Benton co1d do it five min
utes sooner than Mr.. Webster, Mr.. Calhoun, or
anybody else, we would prefer him for it. II
John Minor Bots occupied the Presidential
chair, and his term lacked only fortnight Of its
expiration, and the remedy so much needed
could be applied in week, we should advocate
its immediate adoption, even if we knew that a
second Washington would succeed him. The
parched tongue cares not what hand dips up the
limpid water seen flowing along, provided it is
mostened by il.
The Currency is fast remedyng itself, as our
talented New York correspondent has demon
strated and if there should be no legislation on
the subject for the next hundred years, we would
not suffer as much during all that time, as we
have, from the effects Of the u. s. Bank during
the last three years. Incidental facilities may
be afforded by legislation; but a positive curse
would follow the establishment of any nation
al moneyed corporation.
Bot the great rock upon which our national
prosperity is constantly splitting is the instability
of our Tariff laws. The truly Republican and
Constitutional remedy for this, the worst OF
evil, inflicted by party politics, is acknowledged
to be system Of COMMERCIAL REGULATIONS, by
treaties with the various nations with whom we
traffic, and particularly with maritime nations
ON THE PRINCIPLE OF FREE TRADE. Such regu-
lations would not only establish, permanently,
a scale of duties, sufficient for the purposes OF
revenue; but, by throwing open foreign ports to
the surplus products of our SOIL would, while
enrchiug our farmers, at The same time f. the
mouths Of the hitherto half famished inhabitants
of the countries admitted to participation in the
commercial arrangement The shipping Of our
country would be quintupled in three years our
manufactures would progress steadily onward
and upward the Southern planters would be re-
lieved Of the onerous taxation which has so long
harassed them; and the mechanics and aborers
would necessarily share the general prosperity
But the Clay presses are all opposed to this
free trade system, and the Globe says it must
not b. contaminated during this Administra-
ton. We fear, if the Globes advice be taken
in every thing, that the next Administration will
not be ID m0cratc