Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1844-10-25

incidentally, to foster national industry, sus-
tain domestic labor, and favor domestic pro-
duction. it is bound to extend from principles
of interest. as well as the dictates of patriot
ism. Those great and important products,
essential 10 our defence in war. and indeed to
our independence as nation, require and de
mand the vigilant and protective energies of
government, against all hostile competition.
But prohibitory duties, TO foster with hot-bed
precocity manufactures Of secondary or sump-
tuary character, building up favored class,
at the expense of the great masses, to those
Mr.. Polk exhibits neither favor nor approba-
tion.' ..-....
"To direct taxation, to raising the revenue
of Government by tax upon the lands of the
people, he is opposed. Direct taxation can
only be approved whenth pressure of foreign
war renders indispensable; but while peace
prevails, indirect taxation upon the consump-
ton of the people, is the least onerous meth-
cd of providing revenue, and none other it
IS probable will be sanctioned by the people.
There is nothing that SO confuses plain, I'M
learned man, as the misapplIcation of terms,
and it appears to me, that there is no one that
is so constantly mis-used as that of Free
Trade"
After speaking most eloquently on the
all grasping power of Great Britain, and
her excessive modesty in opposing the
annexation of Texas to the United States,
the speech ends with just tribute to our
Democratic candidates and their principles.
Polk, Dallas and Thomps on are noticed
as follows:
''They are the embodiment and impersona-
tim of principles you have again and again
sanctioned. Their opponents are the repre-
sentatives of principles you have repeatedly
condemned. If the Wing candidates are e.
Iected, the country will be doomed to another
terrible circle Of calamitous experiments, a
long which ruin, with merciless havoc, has
strewed the wrecks of private happiness
Concentrate your sufrages on the Democratic
candidates, and the country will proceed on
its present glorious march of prosperous adj
vancement, in all the elements of wealth, pow
er, and felicity. No monstrous and overrid-
ing money-power, will ever rise under their
auspices, again to sport with your pursuits of
industry, enterprise, and ultimately PROSTATE
them all in one common destruction.
''They come not before you, however, with
any magnificent gifts, with which to bride
your suffrages. They come not with the pub.
lie lands in one hand, and in the other 81
gantic instrument with which again to blow
up the bubble of credit, for the creation of E
paper aristocracy. Neither do they promise
to mutilate the Constitution, that noble lega
cy Of our Revolutionary fathers, in order to
appease the spirit of spurious and disorgan
izing democracy, which pretending to enlarge
the influence of the people, at the expense o.
the proper executive functions of the Presi
dent. remove the only bulwark which can re-
sist, in our system, the universal tendency t.
the despotism of all power IN Congress.
despotsm of power which inevitably tends
through the bloody fields of anarchy, to thu
creation, ultimately, of a triumphant despo
tism."