New-York daily tribune., 1844-09-27

tObal ladep-nGence-is y stem! ever 10 be warmly
cherished b. entrusted TO Inc hands otits op
pone1ts, profess often and as loudly tiev ma,
10 have become its converts. Ii James X. Polk D.
the friend OF American lndnsuy, why nas South
Carolina, ready 10 sever the Union On this question
rushed thus eagerly 10 MS embrace Why DO all
the advocates Of Free Trade, lightly az they est
male h;ra adopt this man as ihsir champion WI.
/. he, while turning rs il were on pivot h-ior'
this nation, presenting 10 every opinion npprov-
log coUnteneuce why is he confd-d in. and only
ccufdrd in. by those who hate and wouid subvrrI
the American System, whose great advocate w
love Gnd honor and veneraie, and Will elevate IL
cover ii with the mamie OF his wisdom, his ge.1e
add MS virtues, and VINO mas ever stood with open
breast and arm erect 10 strike down ire aGyrraeri=
Another of the questions before Us Is. as iU ile
disoosiiion OF the Proceeds of,he Public Lends.
The Whig Party insists, as matter OF rigRt and
of erpsd,eacy, that the proceeds OF the sales OF
ihese Lands ought 10 he distributed amorg ;hr
Sta'es. They point TO hr fact that the deed st
c--son al large part of these Lands declares they
shal be common fund for The and benefit
OF the States according their several respective
proportions n the general charge and expenditure
IA deed signed by the hand which p-nned the
Declaration Gf independence as concusivs ui the
right OF the ) a,es As matter OF ezpedtenty, be-
side the Importance If avoiding fluctuations III obr
Reverue System, they d.em il Of immense moment
II our liberties, that the National Government de-
pend solely for ts resources the contributions OF
the People. Thus only can ii be kept il check AID
thus oaly can be insured stable and economical
Administration In mosi of the grra; stru gges for
popular rights, the efforts 70 wiest from abused
power resources independent OF the Peopi-. have
been the earliest, most earnest, and most ef -ctua.
Such were fell 10 be among the corlinanfing mo
tives 10 this policy BY It's distinguished author
HENRY CLAY, hut condemned hy James Polk.
as he SAYS because il IS 'an auxiliary 10 the Pro-
poIipy w. hia IN
the Protective Policy. tor the obvious reason, that
we're duties only 10 De levied for purposes oi Reye-
nue., whenever the proceeds ot this Domain, owing
the prosperity produced by Protection shall sup
ply resources adequate 10 The wants OF The Govern
ment-these duties must cease 10 be levied, ihai
Protection must cease-and, az an ultimate consc
quence, the People will be beggared and their Gov
ernment bankrupt. What has been, viii soon
again be.
The motives TO this policy are increased in force
by the condition OF this State, mean OF rapidly
completing lis public wnrks-there6y rendering ac-
tive and productive the fifteen millions oi dollars al.
ready expended upon them-has,cnng the period
when the Stale tax imposed by the leaders OF our
opponents and intended by them a permanent
hurthen, may be- discontinued without breach OF
i4.Jh, and ihus aiOrding the means II the IaTIii be
repealed, not orly oi carryips oG ia" rn-ict NJ
system commenced ard Carried forward, though
subsequently, abandoned and denounced by N.
fifteen years at the utmost The debt incurred 10 then
cons iructon.
The motives 10 this policy are increased in force
by the fiscal enbarrussmenis Of other States thee'
-iIbarrnssments chi, i1v caused by the attempt 10
-pgruss tt. precious metals TO shut them up under
the locks aud key-tof the SUB kEAsUkY, nnt thus
70 control despoucally the whole currency oi tn,
States, and continued by the abomnaule doctrine 0
Repudiion which paleies credit TO lis very heart
filst mighty modern power IN ihe world, us mora
pUwer stimulating, directing and controlling H.
ohy steal power. are you prevared aIe.n 10 ST.
th,s Sub Treasury syettm esIaDlis he'd nhiIt - n
independent Treasury" snd by lis very ntin- re
-crving all your hate OF whom independent! =
Not OF ,hs Government, but It's mere creature AUD
is tool. or whom Then independent l"deprnd.n
nf on, The p-ople OF this Sute-a Treasury 10 locs
from YOU YOUR money the prodcct OF your lndustr,
independents when il Ii of the very esserc- OF LID
-rt, that the Treasury of People should be innle-
dirtelv dependent upon and directly cOnuo.d b,,
the chosen .epresentarives Of Ihe people. Nerr
Won asked the most summary, compiehrnSiVe' con
cise deiuilion OF The most safely ire government
would YOU not er, 1t is that in whichthe Treas
ury is least depeudenr on the Ececuttre most de-
pendent upon the p,opie and IN ne OF lis attn
pujes qualities or coLdlliuns, independent
OF ttus Sub-Trcasury scheme, James h. Polk is
the pairsn and the advocate. His first act weI-
possibIe he could be elected would he 10 IT e'tub'h
II y hile The great avowed ann OF henry Clay WIZ
10 GSthOil6u uNSI poPc' i-cpVSf SN''
as in this State has rescued from one OF the great
est social eviis-an excessive, because unrestricted,
paper circulation Are prepared, we ask, 10 see
renewed the scenes oi 1887 when industry extended
in vain its withered hand for employment. and Int
ONLY prosperous were those who grew iich on lnt
necessities both OF the people and OF the Govern
meut You are Tor Il hard Hsoney basis oi Il curren'
cy not for an Oppressive anti -aDor exclusive hard
money circulation. You know this last can be OBJ
tanned only in exchange ior your prosperity and
when obtained, must soon necessarily disappear
and in proof OF tins, point on 10 The facts mat ~
the fiscal anti Protective, Free Trade Year. ending
in September, 1872 there WAS drain from Us Of
specj,. OF nrail, 100000 dollars; while in misc
months OF the succeeding Tariff year-that Isnii
which the Wings established and Silas Wright op-
oosed-lhere gain o! specie oi more thsn ~
millions i tins denied We refer you 10 the pub
ished official accounts OF the Treasury Department
Are YOU not content with the currency Washing
Ton established, 10 borrow when unavoldabie and
TO pay in the currency in which that honest great
man, {" unrivaed in the lists OF true glory, borrow
cd and paid-not exclusively in the dollars OF SPAN
whose pillars bespoke the pride OF monarch whose
forts were firing on our keel boats as they ghded
rarully down the Alississippi-not only in Louis
Dors OF France whose people, the victims OF Re-
ceivers General and Sub rreasurers. were rising 10
ayvnse on their oppressors The accumulated wrongs
of centuries-not in British Crowns, but IN paper,
-us,Hnrd BY specie and by active pIoiitabic labor
on which the bee hive, The ploush-share, the loom
and the ship all SPEAK the varied forms in which IN
Gustry and enterprise are pictured Would you
rather live under cou' ses ike those OF Washing.
ton or under those OF James X. Polk ? OF Wash
inetop who on the 4th OF July, 1883, signed the
first TaIi' bill for The Protection OF your indus
try, or OF the followers, now deserters OF him who
on The Attn of July l64O, signed The Sub Treasury
bill Tor the destruction OF Your industry-ci Wash,
ingon the father OF hIs country, who, in his second
me sssge TO Congress, urgrd 1.-The advancement Of
agriculture, commerce, and manufactures" or Of
James X Polk, a political ioundling who declares
under his own hand, "ALL know thar have at ALL
TIMES been opposed 10 the Protective Policy
he next srea, Issue before us, one OF enduring IN
ferest is as 10 the Constitutional power OF the re-
>pec,ive departments OF oar Government; We as,
,t,t for all the departments their due balance ent
granted powers; looking TO the general good, and a.
Il meaps 0i promoting that good, while we weld all
the power the Constitution gives 10 The PRESIDENT
we den, him more, for tie reason that mat more
such excess, lakes from some other department IT.
due share, ard instead OF leaving IL an equal, ren-
ders it subordinate practically converting our
government. Representative Democracy, into al
elective monarchy. The leaders OF our opponents
s.suniinc rt- name of Democracy. war on It's nrln-