The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-03-12

image, i1A-1Ieeiueht OF the NORTH American trust
Co. has been received, and will be published to-
morrow. 1t is curious and phlosophic document
full OF wisdom and other matters.
Revival or Business for Is44-The New
Tariff
There can be no question that there IS every
prospect of complete revival OF business In Inc
ensuing spring and summer seasons oil the present
year. and that too in spite Of all the efforts that
may be made by politicians and SPECTATORS to ac-
celebrate or TO delay the processes by which sound
business era is produced.
One of the first elements of good business sea-
son, is a sound, well-regulaed, permanent curren-
cy The experience which we have all had in ex-
pansions of the currency during the last ten years.
will no doubt furnish good warning to those who
manage banks, and prevent them from losing their
senses second time. Indeed the principal check
on the exuberant imaginatons of young business
men OF all descriptions, is to be found in the dis
cretion and prudence of bank managers and tinan-
ciers. This discretion will, we believe, now be ex-
ercised to a considerable extent, for they cannot
have forgotten the experience purchased during
the last ten eventful and instructive years.
Another important element in this revival of bu-
siness, exhibited on all hands, will be found in the
proposed tariff should it pass the present COR
gress The more we examine the provisions OF
this new proposition from the Committee of Ways
and Means, the more satisfied that il re-
cognizes and is founded on those principles of
moderation which should be made permanent in
their operation-which should have lease for a
given number of years at least-and which, in con-
sequence thereof, would furnish equal pro-
lection to all the interests of the country than
any of the measures heretofore presented, and
whose enactment has, in many instances, disgraced
the statute book
We have already perceived that the politicians
are raising hue andscry against the new bill, as
being hostile to particular interests. Now more
wicked and unprincipled accusation against such
proposition could not be urged. The proposed bill
in Congress, should it pass into law, will be
merely carrying out and re-establishng on per-
manent foundation, the principles of Mr. Clay's
Compromise Bill" which Gained the country
on the great excitement in 1882 1t is even more
favorable than that to the manufacturers and agr-
cuturlsts and we cannot CONCEIVE what can be the
motive of these lmpudent pretenders in politics and
in political economy, who in the face of absolute
facts, and on subject as well known to the whole
country to any of these legislators, attempt to
raise shout and cry against this reasonable and
fair and just proposition settle this nterminabe
controversy.
We trust that there is good sense enough amongst
the great masses of business men throughout the
country. to enable them to turn deaf ear to the
folly and prejudice of mere party politicians. If
Congress can now be stirred up to the mark, and in
duced to settle this question of the tariff it will be
one of the most favorable events possible for the
revival of trade in all its branches and for the re-
soraton Of the national prosperity on an enduring
basis We really trust that party spirit on this
question, at least, will not be permitted to mar the
prospects of the country at large.
The TYLER BALTIMORE CONVENTION On second
thoughts, we believe we must give our aid and
assistance to John Jones of the Madisonan, in
organizing This great concern. Unless something
be done neutrality-suspicious. miracle be performed
some mighty impulse be called forth-some
potent spirit be summoned from the "vasty Deep
we very much fear that the officials OF the TYLER
dynasty here will prevent any meeting in the selec
ton OF any delegates. We mean, therefore, to
open rendezvous for Tyler men, IN few days,
and open subscription list, in which they may re-
cord their faith, and when ready they will please
step up to the Captains Office in New York and
settle.
Great efforts will no doubt be made by the Gus
tom House and Post Office interests, to prevent any
movement of this kind. They have hitherto sue
ceeded; but this is the last push, and We will make
it the greatest, that even its opposers will have
cause TO excalm with Dominic SAMPSON" Pro-
digious!''
FURTHER PREPARATIONS FOR THE FASHIONABLE
SEASON AT THE WATERING PLACES under