The Arkansas banner., 1844-03-06

- prompt payment by debtors But that you would, when the time coIne-and come 1t must in few years--lollow in the footsteps of Mississippi and repudiate interest, debt, and all may have done you injustice when convinced of il will be the first to retract.
 have satisfied myself, at least, that the whig party will. f ill power. either resort To toraiioa or re pndtatt91' to pay the bank debts. I=have given the facts, and the people can draw their own conclusions. Not satisfied to ruin the credit of tue State. and bankrupt her citizens in matters of State policy but i they are clamorous to bring additional curses upon Us, by the establishment of a new Bid- dle Bank, aud Protective tariff.
 One word OH the subject of National Bunk.
 More money-more money--is the watch word of the whig party ill this State. They have deyoured their own offspring, and drawn from the vaults of the banks the last SAin- piaSler that can serve them, they have re- ceived all the benefits that our .tHt4e picay- tsie concerns" can afford them; they have turned to good account all they could bor- row. aud now they are paying of their lia- bilities with the Arkansas money which has been ranging from 40 to 60 per cent. dis count. Not satisfied with that operation, the ''scfa5 aris'ocraeJo are clamorous for great regaiator to govern the Exchanges. Who ller IL Tx el in het1er cnndilion2 { far better than the days of Biddle's Bank as any merchant will testify They want a Rsgulator-such as the late bank of the U. States, was reported by a Committee of Con- gross, to be as follows ---in
 1880, it regulated 90 members
 of Congress by lending them Sl92, l61 1891, it regulated 59, S322, 195 1923, it regulated g, .S374,766 1884, it regulated g, $29S,5S5
 .' 1t regulated the notoriousJ.
 w Webb, to $ 52,ooo
 '' it regulated Gales and Sea-
 ton, to $ 62,l7o
 < it regulated Henry Clay,
 Attorney for Bank, U. s.
 Senator, &c., to fee of $ 10000
 < it regulated Daniel Web
 ster, to a fee of $ 5S,0U0
 ]" 1t regulated John Sergeant
 to a fee of $ 10000 It is truly great and efficient Regulator
 TARIFF.
 The Democratic party is for tariff for revenue alone and to reduce the duties to the lowest scale which will yield sufficient amount to support the government, econom- ically administered.
 The Whig party are for high protccttee duties, with view to afford bounty to Eastern manufacturers, and to distribute the lanl t,, Ina afl.i tl1ot additional amount to imposts-which tax is always paid by the consumers, making us "hewers of wood and drawers of water" to the New England manufacturers. The ten- deney of this policy, if carried to the extent contended for by the whlg party, would ul- tmately lead to direct tarafioa for the sup port of government. For example, such protection was given as they desire, (for they go for the highest possible scale,) would result in prohibition of foreign com petition. There is not venture to say, ten millions, raised from articles which do not come in competition with American manu- factures. Where is the balance of the ten millions to come from 20,000,000 being the lowest amount necessary for the support of the government-the answer IS inevitable
 
 debt
 But they say the protective system relieves us from paying stribute to foreign nations.o If to find a market, in exchange for our do- mestic productions, at rates from 20 to l50 per cent cheaper than at home, is paying tribute, l, for one, am willing to pay tribute and save my money. Solong as the nation al debt existed, there was necessity for a high tariff, and a sinking fund of SS10,000,- | GOO was set apart to eXtinguish that debt over and above the ordinary expenses of the government The Old Hero paid the | last dollar of that debt, during his administra- ton, which, in justice, should have reduced the tariff that amount; but under whig rule, an increased tariff was passed, ranging from , to l50 per cent. over the duties under the compromise acl; and above all, run the government in debt some t,penty millions more T That's the blessing of protective tariff.
 4 few words to the democratic party, and 1 am done.
 '.1Ien and Brethren," forsake not your cherished principles; and though we are threatened with discord and dsunion about men-our principles are sacred, and should be maintained. We have majority of three and with union and harmony, can not be defeated. We should not forget that, ''prosperity has its weakness, and adversity its strength" Then to the rescuen' buckle on your armor, and take your stand in the front rank and gallautly wheel into position, and maintain every inch of ground against an arrogant and insulting enemy. Is there democrat in Arkansas ready to lay down his l arms in the face of an enemy, or assume an ''armed neutralitg!''-''lf he has the soul of a man." answer NO. If there be such, the | sooner he is put to the ''Song Book," and learned to '.guzzie hard cider,n the better. 1t will leave anueleus around which the demo- cracy can rally, and yet do good service for the country and our cause. If not victorious at this election, we may be so ?, 1, 6, 8, 10 years hence. To the office hunter that may seem long; but the patriot should remember onr principles are eternal.