Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1844-03-07


procursble in the market at price less
Than I could be bought for before the Ia
riff took effuct-and this important asser.
lion, which il we'll founded in its whole
xtent, or even il il approximate the truth.
should, of itself, be decisive IN i4vor oil
the quallfi and moderate Tariff policy
which we sdvora'e, is entirely in scco,-
dance with ell the information 10 posses.
sion Of this Convention.
The devoted South, whose ruin, &C.
cordlng 10 the sinister auguries Of those
who assumed 10 be her more peculiar
guardians, was TO B.. consumma,ed by
this "~ orst uf all Tariffs" begins again.
we reloce TO see, 10 walk erect in h r
stren2th-to recover, under its kindly
and fostering influence from its recent
ptostraton, and TO start again on her nc
cusiomed and Untivailed career ofsucccs So
'uI industry and cntrrtrze. The whole
Country teels lis vivifying influence. IL
has unlo ,ked and ven riviiv to mil ions
o' capital IN I had long lain rmani, in
state oi 'ecay, among us--by enabling
the industry Of our ciliz-ns To compete,
on terms of some equality, with the labor
oil Europe, It has gwen rmpoym"n, and
content to thousands on thousands Of our
sItIzens WI ON previous unfortunate pol
ICY had thrown out oi VI, ir accustomed
and more Profitable avocaions, on less
productive cmployments, or VT worse on
courses ut idieness and we; and by sub.
slituilng an active drmsnd, co.pxt, ms We
with the new warts and new means thus
brought INTO existence, where before there
was none. for the Products of a thousand
assoc attd occupations; TIE Cotton
and Sugar Of the Sou,h, the Flour and
Beef Of the West, the manufacturing SIX N
OF The North, may be justly SAID to hav.,
gwen new impulse To every branch OF
American Industry, Agricultural, Com
merc'"l and Mechanical.
Thus complete has been the fulfllment
OF the promises Gifts friends--thus signal
the Justification of tho IlI-omened pr, die.
tons of lis enemi $.
We might, We kn'w, give greatly more
strength To some ofthese views bv iayino
before you the humorous facts VII Oh TX
lat around US, tend ng to suppor them -
but W" are to we'll aware how easy il is
to instead, in refer,n 10 subject so
vast and various as this, by the d SINCE
nuous aud deceptive citation of isolated
INST 'hc s, to cite j. SIS than all; and 10 ci'e
all, or even consid' rable number, would
plainly be out fplace here, and too much
extend an enc nber this Address. 1t
~ measure that cannot lie Judged BY
special instances In a work oil such
ext Mt, variety End comphcs,i n, il wee
miracle II instances. 10 support almost
any position, might ::ot De quoted If ca.
ses oferror, too. did not exist. But, with
tins qualification, we acceIt the issue ten
dere !, and go before the country on the
Tariff OF 1912. in principle and in detail
And we appeal drfore an enlightened
people, against the barren sophis,ries AID
d fta'ed predictions by which i, hns been
Hss illed, to the abundant rrv-nu. it has
furnished; 10 the lower pric, of articles If
impor,--to the stora,ion of tho credit
ct our Government-to The gre activity
and h'tt'r rewards Of all branches of do
MYSTIC industry, and the rev val, more and
more distinctly manifrsting ITSELF, of the
general prosperity, which has followed in
lis traln-,o demons rate its wisdom, and
v'nd'cHte It's title to the grateful and yea.
lous support Of the country.
The condition OF the Currency since we
last addressed you, has un iergons no
chang calculated to allay anxiety in re.
gard 10 II, or to lead us to relax. in any
degree, our efforts to place it on The basis
of the national authority. The currency
that we want, is currency that shall a,
once b" safe, sound, fairly distributed, and
o. uniform raiue al erery point. Such
one Is alike md spenslble TO the cue ess-
iui carrying on "f the BUSINESS of the
country, 10 the safe and rffici nj admins
ttaiIon by the government of Us fiscal
concerns, and 10 The performance by It Of
ITS cons, 'utionHl duty If laying uniform
taxes IN the people. Our present cufren.
cy answers, at mos', but one OF these
conditions. II is generally, ifnot univrr
! sally, convertible in,n sp", lie, am hence
may be cons d. red sound; hut Il is disliib
uted most unequ ,l!y, and is utterly unsa fe
for The future. 1t is but n few wears
since 1t rapidly expanded beyond all limit
1t prud' nee then as suddenly collapse .
In both expansion and ntracion il for
FITTED lis distinctive character and value
as paper currency, now inconvetiihlr,
n"V scnrcr, il at all, exceeding dollar FIR
dollar with the SPECIE in The couutry-
bankruptng in tie 10 turing process tn
Government and Peop'e. As panic h $
subsidized, and confidence gan tn return.
Bank p"per h again lett IT'S hid ng pla-
ces, but 10 varying prop irtinns at almost
every different point, acco ding as cap icp,
accident or supposed interest might seem
TO dictate. For there exists no common
head TO impart uniformity to is diffusion,
no common or acknowledged principle
by which 10 regulate its amount, nor 10 .
deed the REQUISITE Knowledge possessed
by, or evtn in reach of, most, fsnv, If
the local Banks, to guide them, on these
essential points, TO a correct decision--
Hence We see the currency, Ut this time,
tendhg IN some places to redundancy, in
others, still deploraby insufficient, and
scarce any where, perhaps, holding its
true proport on 10 the means or wants of
the community. tits apparent that such
a atate Of things is cminently insecure,
and IS tot lily inconss ent with that fair