The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1845-12-12

81 Il becomes important 10 understand DIS.
! .lly via. IS meant by revenue stand.
the maximum Of which should not be
cecded IN the rates OF duty imposed. 1t
conceded, and experience proves, that
Il ties may be Land 50 high as 10 diminish
prohibit altogether tho importation Of
I given article, and hereby lessen or dc
Ioy the revenue which, at lower rates,
pull be derived from is importation. -
Ich duties exceed the revenue rates, aud
i imposed 10 raise money for the SUP.
= 4 Of Government. Ii Congress levy
H. lor revenue Of one per cent. on q given
I tc'e, Il will produce given amount OF
pney 10 the Treasury. aud will incident
4 aud necessarily afford protection or cd
= e to The amount OF one per ceut. to
j home manufacturer OF a similar or Ike
icle over the importer. Il lh- duty BE-
SD 20 ten per cent. Il will produce
batter amount Of money and afford great.
4 protection. Ii II be still raised 10 twen
twenty five, Or thirty per cent, and #,
a ~ - lAf0fbt hAiN iNfLAihI bttiNtu llbiU u
found 20 be increased the protection or
3yantage viii also TIC increased, bu, II il
j fascd q thirty one PER cent, aud It is
NJ that the revenue produced Al that rate
less than al thifty per cent. Il ceases to
\ revenue dlty. The precise poia, Ia
h ascending scale Of duties, at which Il
ID Ger am q from experience that the rev.
y IS greatest, Is the maSlmu y rate OF
y Is ~nich can be lald Tor the bona fde
n ose Of collecting money lJr the support
~ ,1yernmcnt. Tor the du,les high.
N than chat point, ana thereby diminish
! amount collected, IS 10 ieyy them fuf
ec'i merely aad not or revenue -
n ong, then, as Congress may gradually
ffease tie rate Of duty on a gwen article
n the revenue Is increased by such
4fcaso Of duy, they are within the
feuue standard When they 20 be.
a thai point. and a. they increase
y duties, The rcseuln is diminished or
\ roSed, The act ceases T. have l0f lis
\ -c' The RAISING u money 10 support CIV.
\ mcn', but Is for protection merely.
does not folloa that Congress should
u the highest duty % all articles Of IN.
shlch they vii bear within tie fc,c.
standard Tor such rates would proba
j ptuduees much larger amount thaulh
4 aomncal administration ot tie Govern.
y y Mould require. Nor does Il follow
J lie dunes 20 All articles should bc al
i same Or q hofz n'n, rae. Some articles
n bear much higher revenue du'y than
y cfs. B.lu'S the MAXIMUM Il the rcycuuc
andatd Congress may and ough, 10 &c..
dm,aate the rates imposed, taklne care
No. a'J Isl lh.m au j.ilerea, ARTICLES rs 10
n iucc N he ssrcgn,c he amount which
\ 70 added 70 the proceed. Of sliea o pub
! lands, may g needed 20 pay dhe ccouo
81 expenses Of tie Government.
u 10 leyylng s iafiG 81 duucs, Congress
nc .cs The taxing postr, aud iof he pur
- 81 revenue may select the objects Of
patton, ! ey miy exempt certain an,-
4 altogether, aad permit lhclr Imrona.
t. free 81 duty. 90 Others they may
i o.r los dUfe-. Ia these classes should
n rbncci such Articles d necessity rs
4 o general use, and specially such Is
L consumed Is the llharer aud tho poor
/ ael 81. By the wealthy citizen. Care
AoGil be ;aken that all she great interests
1 lhs country, including manufactures,
i ucu.lJrf, commerce, navigation, and The
n chamr arts should, as Ear as may be-
Ha,aeab'e, der " equal advantages from
n Incidental protection which q Ilst s}s.
u 1f revenue duties may sdyrd. Tsya
u direct or indirect, tn hJrdca, aud 1t
8plI b. 50 ,uuas"d rs to operate as
4 nIt NJ mts bs oa eli classes, 10 lhe
4 portion 1f ,hrlr ability to bcaf 10. TO
\ he the taxing power an actual benefit to
s class. necessarily lucca,cs the burden
4 '3e other. beyond their proportion. aud
D. be maules ~ Unla-t. TIE terms
q Protection 10 domfs',c Industry" are Of
s I.ar import, bul they should apply un
\ juu system to all the various bran
D. ol industry ~ our country. The
y net or planter Who tolls yearly Ia bis
4 d. is engaged ia " domestic industry
i I'as much entitled to have his labor
spro'ec,ed. y NJ the manu- aatufcr, the man
commerce, the navigator or the nechau.
who IRE engaged also IN " domestic
eil'ry' N ,heir dill rent pursuits, The
~ lab1rs Of all these classes constitute
/ aggregate Of the domestic industry
tho nalon, aad they are equally entitled
tho uauon's protection" No one Of
en- can ls,ly claim to 10 the exclusive
e plenIs OF protection which can only
! Afforded by increasing burdens on the
8 oncsI,c industry Of the others.
! II these views be correct, II remains to
eqllre hoN Tar tho tirtiT act Of 1872 IS
enslsien, with them. Iha, many Of the
DIVISIONS Of that act arc in violation Of
4 cardinal principles here laid down, ali
PIT conccde. The rates Of dlty imposed
!, on some articles are prombuory, and
others 80 high Us greatly to diminish
&porIatnns. and to produce less amount
revenue thna would be derived from
yer rates. They operate as protection
PROXY 10 one branch Of " domestic IN
R"ry, by taxing other branches.
/ BY the Introduction Of minimums, or
su ned ar,i false values, aud by the Imno