The northern galaxy. [volume] (Middlebury, Vt.) 1844-1848, 1844-07-03
MIR. POLK'S VIEWS NOW.

Mr.. Polk insists that the present Tariff
is a violation of the Compromise, and
must be REDUCED TO TWENTY
PER CENT, CT MORE THAN ONE
HALF! For proof
He took other views, briefly presented,
of the subject, and proceed TO the discuss
ion of the protective Tariff Act passed by
the last Congress. He showed that it
was highly protective Tariff, and not
one for revenue. lie showed that by the
Compromise Tariff Act Of 1888, the tax
on no imported article was to exceed 20
per cent upon its value after the 30th Of
June, 1912. No higher tax than 80 per
cent. lcds imposed on any article after the
3Oth of June, 1912, until the Both of
August, 1912. on which latter day the
present Tariff Law was passed by the
Wing Congress, The Wing Congress
laid violent hands on the compromise act
of 1888 and broke it up.
He was opposed to direct taxes, and TO
prohlbitory and protective duties, and in
favor of such moderate duties as would
not cut off importations. IN OTHER
WORDS, HE WAS IN FAVOR OF
REDUCING THE DETIES TO THE
RATES OF THE COMPROMISE
ACT, WHERE THE WHIG CON-
GRESS FOUND THEN ON THE 3Oth
OF JUNE, 1542.--Pok's Speech at
Jackson Tenn, April 8, l643.
MR.. CLAY'S VIEWS NOW.
Mr.. Clay insists now, as he did in Is
SO, that the Compromise did mol limit
Congress TO 90 per cent. rate after I6-
AZ; declares that any other rate Of duty
may be made, consistent with an econo-
mical revenue that discrimination in ia
vor of domestic industry may be made /;
that he is in favor of the present tariff,
and Of remedying all defects by supple>
mental legislation in short, that he is in
faror Of system of PROTECTION,
moderate, reasonable, certain, and durable.
We quote from Mr.. Clay:
contend, therefore, with entire conf
dence, that it is perfectly consistent with
the provisions of the Compromise Act 10
impose duties to ANY AMOUNT what
ever, 30. 40, or more per cent. subject to
the single condition of the Government
Speech IN The Senate, March l, 1912,
Also speech in the Senate, FEB. II 1888.
| think the present tariff in the main is
right, and working much good. There
may be excuses or defects in il, of which
] have not here the means to Judge; and
if there be. they ought to be corrected by
supplemental IegisIation.--Leiier 10 Mr..
MerrirCether, of Georgia, ls43.
He had ever been in favor of the pro-
tective system to a certain extent. To
preserve at once tho peace and the great
interests of the country, he had been ac-
tive in effecting the Compromise of 1888.
Mr.. Clay denied that the principle of
the compromise required the maximum
rate of duty TO be fixed at 30 per cent
Its true principle was that no more rev.
enue should be raised than was necessary
for an honest and economical administers
ton of the Government, and within that
limit there MIGHT be discrimination IN
IA VOR OF DOMESTIC INDUS
TRY.
4ui' OidJ COlCIuucu tlllS DiduCh vi MS
subject by declaring himself IN FAVOR
OF A SYSTEM OF PROTECTION.
moderate, reasonable, certain, and dura.
ble.--Speeeh at Charleston, s. c., april,
1874.
We have thus disposed of the miserable
representation of the Patriot, quoted at
the head of this article, as well as of the
weak Locofoco lie that Mr.. Clay has
abandoned the doctrine of Protection.
If the Patriot is really ignorant, the facts
are here given from the official documents,
and il can avail itself of our references TO
verify them, and then dlsabuse ITS readers;
butif it has designedly mjsrepresented
Mr.. Clay, that paper will never publish
these facts. Mark the course of the
Patriot.-N. Waterman.