New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1844-06-18

the wants OF the Governments and II they were,
then the Act positively provided that duties should
be laid to meet those wants, and farther that they
should be collected III The manner that he had Just
described.
Observe, that according 10 the language
Of the BILL which he had just quoted, al
revenue necessary for the support OF the GOV
and import duties alone, after the 30th OF
juno, 1872 Well, how is the revenue de-
rived under the Act of 1882 Not from i'm
port duties alone, but from import duties and the
proceeds Of the sales of the Public Lands: but.
Simultaneously, he might say with the passage
Of the Compromise Act, Congress passed bill 10
distribute the proceeds oil the sales oil Public
| Lands, for Il limited time and ii was part of
one great system of Finance and Revenue, de-
| signed by those who voted for the Compromise,
u withdraw the proceeds OF the sales Of the
Public Lands from the General Revenue OF the
| Country for ever, to distribute them among the
States and for certain period, winch he had
already mentioned, To lay sufficient du-
Hcs-ior the support OF the Government, anu 10
dsfray all the necessary expense Of 1t. Accord
ing 10 tho scheme and general system OF the
Compromise, the Land Bill was as much pat
of ii az the Act of 1888 Itself. The understand
ing was, that all revenue should be collected from
imports, and that so much should always be col
! ectcd for the economical administration OF the
Government. AS Wings, we wanted no extrava
giant administration nf 1t. General Jackson IN
his previous Message, had sad that the Land
! Fund should cease To be d source oi revenue.
/ We took him 1T his word ANA we passed oil
III both Houses, having that object in view. 1t
was tn, n sent to the President, at the time the
Compromise Act was in ms hands. He returned
| I 70 Act an wal
retained The Land Bill. He retained II, t"o,
under circumstances which 10 means could JUS
ufy He kept that bll! in opposition to that
which he Mr.. Co. conceived WAS his duy, aud
that was 10 have returned ii 10 that branch III
winch il originated, order 10 have II passed, If
possible. by a vote Of two.thrds. Having been
present at the tine, Inc .flr. c. kncw The fact,
that ii General jackson had returned the bill, II
would have become law-iUr such was the re-
turning good wal! among the gentlemen OF thc
South, III consequence OF the coupr"nse lisci!,
and such was The understanding oi all III reference
tu The great s,steln oil Finance, that they informed
us without hesitation, they would vote 10 pass the
OIL in spite OF the Veto, winch bill We rad passed
| IN the senate by vote ol % to 20. But 1t WIS
now SAID by gentlemen that sufficient hrmHeSS
was not shown on that occasion. II MI Clay
and MIR. Frciin. huy sen, say these gentlemen, hat
shown Il greater degree of lirin'n S., VIC might have
saved the wholc-wc might have saved more than
was saved at the tune. Now, he did not doubt
the courage aud manly bearing OF the gentlemen,
but If they had been IN the position III Mr. Clay
and Mr.. Frclinghuysen, he questioned whether
they would have done differently. lie must be
permitted TO say when he made these remarks,
that they do mol understand what the concessions
made by the bill were. And he was satisfied that,
If it had Hot been for the passage of that Act at
that time, the whole Protective policy OF the
Country would have been crushed ten years ago.
At the commencement of the session OF Con
ress of 1928, General jackson, In his Mes.
sage, avowcd himself 10 be IN favor ol luclcIonS
Tariff, and for the first time proclaimed 10 the
people OF this country that 1t was doubted whether
greater evils did not flow from this system OF Pro-
lection than rclicl--that no Statesman had con-
empIated perpetual Protection, and all that had
been contemplated temporary Profecfton!
These and similar remarks satisfied US that he
would throw into the scale against the Protective
Policy the whole influence of his giganuc Party.
1t was too late in the day to tell the people Of this
country that General jackson could not haze
crashed the Tariff ut that day. General Jackson
came into power an advocate and friend. OF the
Internal Improvement System, yet promptly We
toed an Internal improvement bill, and these
who spoke against his Veto were turned out OF
the political church. Before he was President If
the United States, he proclaimed no hostility to
the Bank; and while lie was in the Senate, he
voted for the most lalitudinarian construction o.
the Constitution in reference TO Internal Improve
menls-and he "won golden opinions from a'l
sorts of men, His was system OF tactics the
most extraordinary and developing results Of Tic
most extraordinary character. lie was one of
the greatest political Generals that ever existed
in this or any other country. lie attacked all
the great Institutions of the country III detail.
lie would kill them off one by onc--assalling the
weakest first aud, after sacrificing that, would
assa the rest, until at length he disposed oil
them all.
Mr.. &. proceeded still farther to point out the
gross Inconsistencies which General Jackson had
been guilty of when i'll public l.lc, and then con
tinucd Next came the attack Oh the Tariff, US
Inc had already described. We saw what must
be It's fate. As its friends, It was impossible to
shut our eyes to the gigantic influence which lie
would bring 10 bear against Ii. Henry Clay,
acting the part OF u true parent IN relation to his
fiyurile policy, stretched out his hand to save it,
He (Mr. Clayton) knew. indeed he should never
forget, the responsibility they all incurred at the
time they passed the Compromise Act.
Mr.. C. after relating some particulars of a coll
vcrsatlun he had held with IL friend III fcirre''cc
to the passage Of the bill, SAID that while II was
pending in the Senate, such was the rapid acton
of General Jackson's party AT that day To carry
out bis suggestions DIS contained III his Message
OF the llh Of December, 1882, that on The 18TH OF
December, Of the same ycar-twenty-iour days
after the Message was sent 10 Congress--Nlr.
N,rpanck reported his bill in the House OF hep
resenlatyeS. 1t was important that the Meeting
should know the contents OF that bill, in order that
they might understand MIR. Polk Of Tennessee.
Mr. Clay was Chairman OF The COMMITTEE on the
Compromise Act Mr.. Polk was al the ;ali Of
the Committee of Ways and Means, who It.
ported that bill for the destruction OF the bill re-
tucing the duties.
Mr.. verplanck's bill laid duty of but twenty
per cent. even Oh ready made clothing. II, IN
Short, levcicd IA blow at every mechanical trade
wl,hou, exception. II proposed-(remember Jas.