Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1845-12-15

ton Of tie protective cy We confess we are not sur
prizpd al The formal annnncalons Of lis purpose 10 con
summarize So for lis influence extends, that fatal pur
pose; aud if we regret al all, Is because the county
must again suffer. 1t has dohe on previous oecas ion
al The evils and eslanities consequent up the attempt
should msjHfy Of the Two Houses OF Congress. CON
stituled Of lis political friends, assent 10 the nschlevous
proposition. On this subject do not speak crjecin
rally. II. for the first Time, We were about 10 test lh,
advantage Of The e7enue system proposed be snbs.
lued Tor the fsrllG oil 1912, might herhaps be- capt.
valedby the speclous Probabilities and msled by H.,
shallow sGrhsy If the Message and the Treasury Re
port. But he anti protective policy has been tried ant
ii has most siguaIy failed II The people were not dea
to the voice o exrefenceas the late Presidential cleo.
lion unfortunately shows that a majrlly of them are
II would not be necessary To re open for drbae a
question SO decisive settled by that e1psfmstt By
The provisions Of the Compromise Ac,, The highe.,
duty imposed, al the close OF Mr. Van Buren,, sdmlais
irailon, was ~ per cent, which 10 be the
iavorile maximum Of the An.i-TarllT party. Need
We revert 10 the gloomy aud disastrous history Of
that period to demonstrate its pernicous consequences
II the arguments Of the Anti Tariff writers be sound
lIat ought to have been the Golden Age The people
ohgM 10 nave eiD Iytu UNIVERSAL cOnleHtHen Peace
should have been in all borders and prosperity in all
our dwellings. Al least. the agricultural States should
ha' given evidence Of reyiying afluence and com
merce, no longer prohibited regulated by law
should have poured its golden treasures into our lass
But did the country prevent this scene of plenty and
enjnymenl3 There is but one response To he enquiry
All admit that il was far Otherwise Private and public
credit was paralyzed. The people and the nation were
bankrupt. Commercial men were The first to reel unde
The blow, and agriculture, in all its branches dreamed
under the blightiag influence of a policy which We
were assured would sustain the one and inyipore N,
other The iountans of the public revenue were dried
n?; and we exhibited the unparalleled spectacle nj, o
vernment, heretofore ri,h in resources compellea nv
the exhaustion Of lis funds and the prsatinn of ito
H. 10 resort 10 The arIltce Of the prodga spendlhrfi
issuing to Its creditors It's ponssory notes. payable NJ
future day. IN liquidation of their just and pressing claim.
thereby creating, In period Of profound peace fol
The hrsi time In our history, National Debt which is
now, under the more suspicious Of things conse>
qneni upon tie enactment of the tariff of 1912 land IF
hal measure Alone, in process Of rapid exlinnushmen
the very las wear upwards of millions of dollars
having been aPpronraled TO the payment of this debt
nom Inc SURPLUS beyond the expenditures of the oov
ernmen thrown INTO the treasury by this (as it is rides
ulonsy caled) anti-repenm tariff, And noyy i, &c
eravely proposed 10 90 back to that very policy which
Frustrated every great interests in the cpunlrv agr,,
'a'' 'nano'ac'ur'"s and commercal-which 5ankruped
Tue people ana The government and which at the same
moment deprived both Of credit as well as cash
According IN the Annual Report of the Secretary n,
the Treasury the receipts ofthe fiscal wear endnu IN The
30h of June last, were 100 100 % re
And the expenditures for the same pe-
r,ou were 29,968 POO %
very nearly balancing each other, and showing that the
revenue system Is now admirably graduated. WHY dis
'rro IT. IN pursuit of some chmerical benefit. which is
promised by the advocates of the adverse system q
W hv above all abandon it, for the purpose of subs,r
ng IN It's place another, which we have already tried
and under the influence of which we so severely o,fa
eo' nese are questions which address themselves to
judgments OIL me people for whose benefit, and no,
LOT mat Oh the demagogues who seek 10 retain or to get
power by deceivng them, government was Instituted
For the present, perhaps, they are decded-uness in.
deed majority of the Presidents political friends in
Congress shall fail respond to the recommendations Of
his Message. For the sake of the country. we b.oo
'"ey may urn deaf ear to his suggestions. But if
unfortunately they shall remodel the tariff in accordance
with the doctrines ofhe Message and the Treasury Re.
port the day Is not far distant, when. re.auyb nv !,
renewal o the calam'Iles and suengs which scouroed
me country from 1887 10 1912, the people will again
'eof'ss The evil By hnng lis authors as thew did in
loio' IRON power We warn them-though the waros
ing VIII, we presume fall needless ears of the fat.
'ha' awaits them. Remember 1910; and pause il. vo,
mad career