New-York daily tribune., 1844-06-03
cor CO., ANp THE TARIFF.

as-onished Wings and Locosi Got ~ ~ - ~,
gsked. Klqt Ire his ogtn'ons "i' me 1 9" =
&C, sccord,og to the promise then gwen; ~
ceed to Enswer 7our ireli-y, AZ. FOLK IS, and
claims to -. ,tsaisistent opponent OF ? '1tsc-
"a. has ,ivoce:sd lie principle ni Free
] I'd sri,stsntla,Iv in 1888 was Tor restoring
tho .r;tf to the rates prescribed by the laIih OF
/ 1910. and he's been bitter rcVlier of the wing
T,rifr n 1872: is Ear is repeal; and Is IN favor
- -st,yooo- 70 the horizontal 20 per cent rates
| of duty which prevailed at the time OF Inc pes
n ,,s session Of 1928, Mr.. Polk was q
member Of tire Committee =. Ways and Means
yh,cb reoo-te,: bill (Which did not pass greatly
/ reducinr the duties below those adopted ny Inc
| Tariff act Of the preceding session, farm oil
1927 He made iecet-iy speech IN favor OF the
proposed Biz, and against the Protective system
| which will be found in Congressional Debates,
vol. 9. PAGES lI62 10 HIS. AS a specimen oi
! the views presented in that speech, WI noo'e
! few snort extracts ,-......ou ,.ool
tnppea.s from s stnony ;hni The duties upon nv we Gs,
ems no MY per eat @ iay b St ~ sst ;ecoH Pr0yded
there be corresponding reduction o'' % G tSo, ,he ,nanfar
the dty be iuy and iilry coleetsd snG lla, e d la
tr-er 6r c6a and especially Of erase cetons Wo;g i w
able 10 their business 7a1T ] g, Er r,,ce
propose peyt 10 establish by 'estnony equally eH.tIea ~
Ths trf-fu
c, ise and Tor st n-crs frtsrrs7iRr The yeaIs
ie3GeT,qf l I i, 5roslefia eba.e, vol page iio
he yvoi growers cons-ic the duty uDon or-isn % ~,pi a
,o5'nl tgs - 70 strer l 5sfy e wool q tae dgs quality
such a ye produce imported 1he hinds chey ii ,p 80.
are either the cpatse South A;ercan WOOL cosIe eisl. - 80
and under the pound aetEsr shtes 40 f proGHef OF
~ orr s,insa s tGt ZOO, slouii BE- duty sc but rs
wool Grover, think otherwise. have retained GUY o. r.
teen ger cent upnr ;he imported attcs pe
i,teS vol o iI7i
'1 Is re. resion to the Tariff Of 1912 we are at no
loss for his opinions Mr. Polk was Candidate
for Governor in Tennessee in lSi', On winch
race,,you know, he was a secondtme defeated by
large msioritv.) and during the canvass he per-
mitted no opportunity to escape hi!. to cenounce
the Tariff in The most bitter terms IN response
IN an inquiry whether he approved OF such
Tariff es would give protection to Home industry
against Foreign industry he answered, as am
informed by gentlemen who are perfectly iamiIer
with his views, Us given on the stump and IN his
circulars, that he ,cas opposed 10 the principle Of
Protection His answer TO this and other inter
rogatorics will BE- published as soon as they can
be procured from Tennessee.
Fortunately, however, am at no loss for an
authentic document which presents Col. Folks
views of the Tariff of 1912. have before me the
" Synopsis Of Cor. PoLk,S Speech 10 TIE People
Of Madison and The adjoining Counties dehrer-
cd at JackSon, on Monday, the Sd Of APrti,
lS13," printed in pamphlet form, and written out
FOR publication b7 Gov. POLK. From II quote
the following extracts
He look other views. briefly presented Of the sgblsct and
prooeeed dcisoE OF tine Protective Iafl act pasSd
By tl a,, Congress lie showed thai was highly Proee,
tive Tariff and not Revenue. He showed that by Tie
70 aeed 70 p3 eea - upon t. value after the h Of jane
l M s e s 3 % S an - & ssf ss ssg the @ SUI Rp Of Ans OF a
iS3, which latter day :e present Tariff ay Pnssed By
Ire Compru,nse Act of 1893. and broke ltup
had raised the rates Of duty high a, TO
su, Imports and consequently 10 cut off anI diminish
Iudsns fcom the amount of revenue received Mt the
Treasury. uudeCe operations OF the present aI act ior The
nuny halt the amount o revenue whch would haze been
produced by the lower OF the act had that
He wa. eipoed 70 direct taxes. ard prohbory and
protective duties and IA fiSoF Of uch T;gde,ate duties as
WhS Il FAVOR 6F REprCISG THE DyTiEs 70
rMHf M hlG s. 6 c1SdREss q fE fojS6 TaEi ii on fE sta
lsa1 because reduction of the nte OF the of s
;hnuch by low a. he wond have desired TO be
sll was ie sreatet REDUCTION winch could be attained NJ
THE rOLfTiCAL PAk,rY Writ WHICH HE l,ir. MILt
toy BsaWs] ACTS AND Nd MYSELF f@, Is 1WA,HLSTTIEY
N fRdricfVE WHICH co GoN
SlDER RUiNuUST0THELET IS S0FTHECOuN.
AT ALL TINES OPPOSED BOTH"
These extracts conciusIvely prove the hostility
OF Col POLK to the protective policy, winch he
considers "ruiaO1S 10 the country, especially to
the planting States" That is d sufficient arcu
ment with hun. lie therefore IS now for 6 redu-
cling he duties to tie rates under the cOmpro-
mise act, iohere the Wing Congress found them
on the 1914 June, lSi2;;" and Gov. Polk him.
self shows that g the tar on no imported article
,vaS 10 erceed tlreaty per cent. nPoH us pdtue
after The 1914 Of Jane, 1872" Then it is clearly
seen that he Is for HORIZONTAL TARIFF OF
twenty per cent. with determinations (if any are
mace below even that rate.
| pass by, without comment, the far seeing
stGtcsmanlike predictions Of Gov. Polk, that the
Tariff OF lSi2 "had raised the rates of duty so
high as TO shat out imports, and consequently to
cur of and diminish reuenue." The subsequent
increase Of both imports and rerenue under This
Tariff have given such iulflment 10 tins pro-
phccy as must forever immortalize Col. Polk as
wonderful prophet!
During the consideration of the tariff of iS42,
as the revenue produced by the twenty per cent
duties OF the compromise act were altogether in
adequate to delray the expenditures OF the Gov.
eminent, proposition was made 10 lay duty on
in Congress voted in order to increase the rev.
enue and redeem the sinking credit OF the Govern
ment. Col. Polk seized upon this vote to give
castigaton to those Wings who had voted for
this proposition. This called forth response
from the Hon. MILroN BRowN, of Tennessee,
and led 10 political discussion at Jackson, Ten
nessee, where Col. Polk delivered the speech
above referred to. He was most triuInphantly
answered by Mr.. NJ BRowN, who clearly demon
strated that the bill OF 1888 reported by the CON-
mittee of Ways and Means OF which Col. Polk
was member, tand in favor Of which he made
the speech first quoted from,) proposed to impose
duty OF twenty per cent. on tea and coffee
At the time his proposition was made, tea and
coffee We're entirely free OF duty and another
striking TACT appears from Col PoLx's speech in
1888, that the Government then had sir mil
!toos OF rsUenue from the impost more than ICE
reed" Congressional Debates, vol. ix, page
ll74 Yet. Notwithstanding such was The ad-
mittsd fact, COL Polk potsd against a proposi-
ton to strike oat tea and coffee from The proposed
5iH, SO as 10 continue them free Of duty Jour-
maj of House OF Representatives 1923, PIP.