Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1844-03-12

i, opposition to their course IN leao, wheh lhey
weak Mr. Seldom said he dd not cnafee nLo uanas,
ou because we are strong, and can DO without u's
hore.,v-but, in 1910, were weak, and couio ho'
GarJ n +. honest" IL. asked wi'h what face can
nov come now md claim the confidence OF ue =,
n. with these facts staring them IN TIC lace ="
$40 according 10 their own address, 'bey anu
al Harrison were opposed 10 u BanK, lafn w
bu, as soon they get INTO power, what 90 t"ey
mmsdiaely every nerve isstrained to charter
and impose hieh Tariff a Bank would im'nea'ale'!
have been sadded upon The people, but Tor Inc h'ne
I'D bonss,v of one man. who, by the hand OF froV'-
deucc had been placed in position TO say 10 lnese
men, "Thus fer shall ye 60 and no lafthef' anu
loo. in violation of the professions oil many 0, '"e
leaders of their party. Some OF their measures ~"
ov.r they had succeeded in carrying out Amonss'
tho re.t the abominable black Tariff He proceeded 10
show The nGuiiy of this BILL and the parties who were
RESPONSIBLE for Tariff principles Tor protection. nv
renellcd he charge preferred against The former
and members OF the Democratic Party, OF being au-
,bors of the measure, and showed that the iafihS
b;cb lhey suopored were for revenue only, with &C
! r;dentni protection TO manuiacures-repeIing TINS
ne w-fneled Wing construction oil the word 'nc'dn'n'
which would give the power to Congress 10 dIscrim'-
nae IN imposing duties, as 10 protect particular u
,ices He insisted that the true Democratic Interpre-
taon of the word incideata in the sense OF dec'-
J,u, and in that sense had always been used by Tue
opponeuts Of The protective system. Congress hau
mower to impose certain rites OF duties all articles
and If any protection should accidentally arise 10 any
branch of industry, well and good, nobody woula oo
ice, to it-but this ree must be the lowest compatible,
with The raising funds sufficient for the most economl-
cal administration of the Government. Protection
must never be the object but revenue merely-ano u
n manufacturer should prosper under 1t, let HIM be
thankful, and 70 his way rejoicing Just rs war
NAV be declared protect rights, or Tor any oef
object, aud a commssayy by its accidental oPernton'
NAV make fortune, and become rich. Here, Inc war
would not be declared protect The comnsay ont Inc
commssary beng the necessary consequence oil the war,
appendage t, army, he IS aectdsntatty teraofg
protected This the true principle OF Tariffs, ana
The one for which the Democratic party its leaders and
members had always contended, and for which ,hey
would always contend. II was power they wished
restricted within the narrowest limits, and always re-
s,raned from going beyond the true revenue standard
lie showed tLat the Wing notions of the reduction OF
prces by n high Tariff deluslVe. lie also had
scanned the prices aud the causes Of Their changes ana
had come tn conclusion The very reverse oil the one
sough, to be established by it. and his associates
II was well known that during the great arrangement
of the monetary concerns of this county, our ner
chans had contracted heavy debts abroad, which they
were unable to pay no credit could procure goods 10
bring INTO this country Our commerce was al a staho.
and little business was done by dint OF ccoho-
my, patience, industry and most oil all, by lhe erect
Of time our liabilities were discharged or satisfactorily
arranged, our credit received new impetus, and re-
action took place in the importation OF goocs me
markets became gluitsd with goods under Tue IN
huence of this sudden spur to commerce. and tie eect
OF The gradual reduction Of duties under the Compro
mise Act The quantity OF goods was 50 great, that
many importers had to resbip goods 10 Europe Under
these influences the prices came down enormously, ana
thus it happens that coats could be purchased Tor SIC
instead o: $50, &c. There existed yet another cause
for The great reduction OF prices Our merchants IN an
cipa,on Of the Tariff laid all their dsposabe funds
so as 10 get we'll supplied with goods and get them IN
to the country before the Tariff could operate upon
hem-so that the goods sold at these low prices were
goods brought under the Compromise Act, and pad
very snail duty. lie exposed the error OF the tables
published by tie Richmond Wing. They gave The pri
ces of January, S4l, 1912 and 49, and charged That
the low prices Of 43 produced by the Tariff,
charge palpably because the goods sold IN
January IS were goods imported under the ComPro-
mise as before stated ha.n been brought IN by our
merchants before the black Tariff went INTO oPes1ton
That law went into operation September IL, and Tie
prices are detailed only iou: months afterwards II
they had gone little farther and gwen the prices oil
the same articles lcI1, when the Tariff does operate,
they would lave shown that It had enhanced The prices
from ~ II 90 per cent MIR ,. read from list oil afu
c!cs The increase OF price IN Jaauay loii, and campa-
red them with the prices of the preceding years lie
cont aned tina. Gbsurdly to say that high du-
lowered prices The Wings, in their afdor TO prove
their paradox, had committed the absurdiiy OF placing
Irish linens amongst the list Of articles reduced IN price
by the Tariff article not manufactured here at all,
and one on which the Tariff does not operate 1t is
an article made here, and Cannot therefore be an
object of protection, yet protection cihishes the PRICE
even of that according TO their sage teachings. 30
with silks and ether articles which he mentioned -
Having proved that protection could not benefit any
other classes than the manufacturers, he asked why
they should lie entitled TO bounty NJ the expense OF
all oe, interests. He showed, that iie manufacturers
were but small proportion othe people Of the u States;
aud Tint it was exceedingly unjust 10 place heavy
burden on the farmers and others who were near eigh-
teen Millions for the benefit OF half million OF manu-
acurers. he entered into acalculatlon 10 show that
profits TO the manufacturers were some lhree 10 SIX
times as much those of any other class, and as Their
business was so much profitable, they ought not
10 desire increased exacon from Their brethren en-
gag in other pursuits 1t poor policy Tor the lar
mes of King Wlliam. any other section, TO pay Inc
North bonus on The clothes they wear, and the other
articles they use whether they made any thing for TO-
reirn markets or not 1t OF the soundest prin-
cipes Of political economy and always applicable "to
sell where they could sell dearest, aud buy where they
could buy cheapest" This maxim as appIica-
bic 10 the people Of King William as 20 any others, and
would be found Their best policy As 10 the alleged
effect Of the Tariff the staple Of Tie South, Cotton
he denied that the Tariff had caused 1t II was the
necessary results in the dImnrnn IN the quantity pro-
duced, the supply was short and the demand great and
hence the rise Of price. The cottongrcwers OF the
South owing to diminished sales and The general stag
nation of business in that article, had appropriated
their lands 10 the cultivation Of other products This
had produced scarcity and consequent rise OF price
lie glanced at the Wing doctrine of establishing
our manufacturing interests, and contended, that the
result Of their measures carried out, would be to de-
prve Of a foreign market; and then he asked what
sort oil n market can little manufacturing New Eng
land with half million engaged IN tina, business, at
ford Tor all the products Of The South the West, and
the East, with agricultural population OF near TWEEN
ty millions, The notion 10 delusIve Oar products
must have foreign market; and Will foreign nations
buy of us, If refuse to buy OF them? Mr. b urged
and maintained many other sound and clear views IN
to- hut or 10
long, and they omitted He also tonchrd on, ana
con,rasted the Bank and SubTreasury projects WIN
master hand, showing the dangers OF the hrst ana
the immense advantages of the othe and conc'udea'
late in the evening, much 10 the satisfaction OF the
"epubl'rans and chagrin of our opponents
The Wing Itself gives evidence OF The s'Enai triumph
uits yiihers are we'll wronr. the CALLED 4ss winces.
You may always, hlessrs Editors, be well convinced
of Republican triumph, when you find that PRINT en-
denvorlng 10 break its force by indecent and vulgar
ridcuie BIT the Wing aud ITS correspondents MAJ
ga, wha. they please, Mr.. Sedden deserves the
thanks and gratitude of his Republican brethren Tor
! ..nl l,ah ,. rprE