The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1844-04-22


of the presen, tour lie knew that he was accused
by the selfish and ungonerous ofmakins an election
eerng tour but he ut once denied ard despised the
irnpu,ution. He had visited the city ofNew Orleans
uursly on matter Of busness and his return home
furnished him, he thought favorable opportunity 10
visit the four Southern States Of the conederacy, Al
uhamu, Georgia. South Carolina, and North Carolina
in neither of which (vvh the except visit to Mo-
bile, last year,) had he ever been beiore'and which,
in the ordinary course Of nature and affairs, he was
never likely TO ogon. On his progress HITHERTO
in every city, town, village, hamlet, and cross-road
on his route, he had been generously and hosPtao'y
welcomed, without discrimination OF party Under
such circumstances, he thought he might venture
without harm 20 visit the land Of Marion, of Sumter,
and Of PicEens--that he might without blame como
10 the home the Rutedges, the Pnckneys and the
Niddetons and survey reconno re, rs far as his
uncertainties would GLOW him. the ground and the
scenes where the venerable and gallant Chairman Of
the Committee and his compatrioiS had 'opg'" o"o
battles Of the Revolution. il was said he was can-
didate for the Presidency. lie could not deny that
from the 81 Johns tho banks Of the Sabine spontan
eous demonstrations, unsought aud unprompt ed
by him, had been made in his luvor but he had ne
yer yet consented declared to any that he was
u candidate for the Presidency-nt present he was
plain farmer, earning his living by the sweat OF his
broyv mr. raber bv the iont sweot or hnselr & those
L.. a., .......,o. ,o.. 10 ,o,;oa or
WV '"po'eu ''' ''u''u ""e'e ~ w r "
nal decision might be, he reserved tho right Of such
decision for the proper moment and the proper
SION
Mr. CLAY then entered into frank and fearless eK-
position Of his views on the great questions of the
Tariff and the Currency lie said he came here to
r ,nNh
saw on tho banks of the Elkhorn he would dare say in
The Palm,tto State lie had ever been in favor of
the protective policy 10 n certain extent To pre-
serve at once the peace and the great of the
country he had been active in efTecting tho Compro
mise Of 1893: and although he was far from main
tnininy the doctrine that any Congress could bind its
successors tho extraordinary gencies and state Of
The Country which led TO the pledge of that Com
promise made him feel an obliaaton of honor to adj
here to in good Gri,h; and he challenged tho most
d;gent search of the records 10 show that he had
had ever rountenanced ,s violation in the slightest
particular nav more. he was bold to say that du-
ring his entire service in Congress since there never
had been an effort TO violate il which had not met
with his prompt and earnest resistence Ii was i'm
portant 10 understand The true character of that Com
prense Ii proyides far a Gradual reduction of du-
ties down TO 20 per cent at n given time and after
that for the raising of such rcvenue, by duties ON
imports exclusively ms was isary for an econom-
ical administration of the Government But the
principe of the ho,ne ynlunion was nm essential and
INDISPENSABLE feature of the COInpTOmise-Nyithuut
that feature could not have passed nine Senatorial
votes having depended on that concossion--a atho'
distinguished Senator from South Carolina at first
strongly opposed it, afterwards publicly and pointed
y in the Senate the point and the passage
Of the measure was secured Mr. c. denied that the
principle of the Compromise required that the maxi
mum rate of duty TO be fixed at 20 per centits
principle that revenue should he raised
than was necessary for an honest and economical ad-
ministration of the Government and within the limit
there might be discrimination in favor of domestic in
dustry. He far from concedng that the Tariff
of 1912 in violation Of this principle Of the Com
promse-but If it were it equally violated the princi
pie Of the home valuation, and neither interest affect
ed by it had more right To complain than the other.
brief vndica''on OF moderate protective policy
next followed, us necessary 10 secure me 1ndepen-
aence OF inc country, ana its aolty LOT defence IN
time oil war; ana as inrnlsh'ne 10 Inc agr'coharai
producer nome market IN addition 10 ihe ioreisn
market-m o'her WORDS TWO markets oil S",e ana TWO
markets OF p9rchase' Mr. CLAY concluded inns
orahch OF nus SUBJECT ny declaring hmse 10 favor OF
asys,em oil Protecuon' "ou"rae' reasonable certain
ana uureoie-yieIdlns no more revenue man was ne
cessary ,or an ho"eS' anu ecohonIal administrator
oi 'he government aho w'tn'h thal '''' u'Scr'ua-
upg IN me i,nposuoh Oh uu'es, oet"eeh 'hose aru-
cies wncn 90 ana nose Wn,cn 10 NOT enter INTO
eo.upe.uo" WIN poE n lhuus,rYru.o~hg ine