Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1843-08-01

mistaken. 30 long Is the RYE in our coun-
try was 20 palatable. and could be 50 Cheaply
produced / told him that we could derive a
large revenue from the consumers of tea and
coffee In this country. by a tariff. That
these articles would not be abandoned by
most of our citizens, unless very poor indeed.
even If they had TO pay sixty cents pound
for coffee: but further than that. it could not
be taxed. for we could raise 1t in the United
States for sixty cents. and supply the whole
consumption. He said he was opposed to
taxing the consumers of tea and coffee. and
here tie matter ended. | considered Ms
argument of paying the State debts By a
tariff. completely used up; although IN 1916
and in 1927, we did raise considerable revc-
nue. by high tariff. before the Introduction
of machinery. and when our manufacture,
were few in number. and not at al able 10 sup
ply onc-tcnth of the goods consumed. But
the case Is far different now. told Mr..
Todd. for my competitors open not their
mouths-cXccpt to cxhort all Wings to vote
for them. in order to sustain the party leaders
and the Junto in Office that he knew very
well that the General Government was now
in debt twcnty-scvcn millions OF dollars-that
under the present tariff this debt was daily
increasing. and until he could show different
result from the effects of tariff, 1t was folly
to urge his plan of paying our debt by the
General Government. which | believe was
got up to humbug the people and make a
a false issue before the country, and would
not bear the test of investigation, and conse-
qucntly should be rejected by the country,
until BY practical operation, we could be
led to Il different result.
To give his arguments the appearance OF
plausibility, Mr.. Todd urges that EIGHT MIL
LIONS OF DOLLARS is due Indiana from the
Land Fund. as her distributivc share. But
rs a like sum would have to be paid each OF
the other states, according to representation,
amounting in the whole to about TWO
HUNDRED MILLIONS of dollars, the
question arises. even admitting Mr.. Todd TO
be correct in his statement, how is the Gen
cral Government to raise the money o.
She is TO 90 in debt for it. SAYS Mr.. Todd.
and this debt can be paid oil by a high pro-
tcctiyc tariff. Was ever humbuggery more
conspicuous than in this argument. \ high
protective tariff appears to be the long
sought for philosophers stone. which i to
turn every thing into gold It touches. The
people will find to their cost, If they adopt
this course, that they will be adopting pol
icy ruinous to the great laboring class OF
community. It will be creating great ma
tional debt. which will hang like an incubus
upon the country, for untold ages. 1t will
be following in the footsteps OF England
whose national debt amounts to more than a
thousand millions of dollars, the annual in
tcrcst of which has to be deducted from tlf
hard-earning, Of labor. Il is thi, which
causes the poor laborcr in that country 70
be ground to the dust. Il i this. in a great
degree. which has caused the necessity for 4
poor tax in that country OF forty millions,
il was this that caused an intelligent Irish
man to remark to me. that England had ono
thing to boast OF over thi, Country-thc sub
cct that is born poor generally dies poor;
fact to the American bosom worth a thou
sand of Mr.. Todd's fine spun theories in IA
: vor of ms f;,vortc British policy.
1t i. in consequence of our cheap system
of government AMI our freedom from nation
nj embarrassment. that labor in this country
| meets so much greater a reward than II
England and other expensive and indebted
{ countries. And if we wish to continue
country. peculiarly the poor mans home
we should avoid the dangers which now
threaten us. in LAYING the foundation for ;
} great national debt. and that too due to The
citizens of other countries. and from which
; we nav never be able to cXtricatc ourselves
, Besides, in relation TO this muCh-talkcd-O
land fund, it has been found. on accurate
calculation. that all the money derived iron
the sales of the public lands. has not. Is yet
: scarcely paid the cxtinguishmcnt of lndiai
, title. and other expenditures justly charged
I bic against that fund. 50 that Mr.. Todd : al
: oumcnt that tie several states have clam
: against the land fund of two hundred mn
: lions Is one of the most deceptive argument
c ever urged by a politician. particularly whc
c we take into consideration the importan
= fact. that only little over one hundred mi
c lions have been derived from the publ
c land-. since the foundation of the govern
i mcnt.
n A. NJ. Todd the mouth-piccc as alorcsaiC
1t has taken occasion in every speech. to mn
y represent my sentiments in relation to Ia Ii
d as well n the Democratic party generally.
r appcrd here the opinion of Mr. Buchana
/ and Gen. Cas-. either of whom are with n
O on the subject of a tariff. and the latter i I'll
d iavoritc of Indiana for the next Prcsidcnc.
,. Gen. Cas- says:
/ "The subject Of protective tariff has been so lo'
:. and ably discussed that would be useless for me
4 do more than TO give YOU the result Of my views
think then that the euue of the Government ong
/ be brought down to the lowest point compatible Va
c the performance OF ~ constitutional functions; and III
in the imposition of duties. with the PTocee
of the public lands provide tins revenue. ncid.n
projection should be afforded such branches OF Amen
J. industry as may require Tins appears to me not on
constitutional bat called for by the interests OF
md ~ II.