The Yazoo City Whig. [volume] (Yazoo, Miss.) 1844-1851, 1845-12-26

,1har natione. Il should he extineuished A.
M earliest practicable period. Should the
state 81 oul county permit, and, especially,
i # eur foreign relations interpOso no obslae
cia, ii ii contemplated co apply all the mon.
eva IN the Treasury e they accrue beyond
/ what Il required f0F the appropriations BY
/ Congress. 10 iss liquidation. / cherish The
hope a soon being able o congratulate the
lconntry On iig recovering once more The
lofty position which i so recently occupied.
lOnr country, which exhibiis 10 the Wnrld
ihe benefits q selt.goveFnmeni, ii develop.
ling all the sources Of national prosperity,
loves 10 mankind the permanent example Of
d nation free from the bligIting influence
Tor public debt.
i The attention Of Congressi il invited to the
Importance pf making suitable modification
and reductions ia the rate Of duty imposed
by our present Tariff Laws. The object of
imposing duties on imports should be 10 raise
revenue 20 pay the necessary expenses Of
government Congress may undoubtedly, in
Il The exercise of sound discretion, discrimi
naie in arranging the rates Of duty on differ
eni articles; but the discrimination should
be within lie revenue standard, and be made
with the view 10 raise money Cor the sup
port Of the government.
u becomes important 70 understand dis
iinctly what il meant BIZ Q revenue standard,
lie maximum Of which should not be ex.
ceeded in the rates Of duty imposed. il is
conceded, and experience proves, that duties
may be laid 50 high a. to diminish, OF pro-
hibit altogether, the Importation Of any given
article, and thereby lessen or destroy the rev.
enue which, al lower rates, would be derive
ed from its importation. Such duties exceed
) the revenue rates, and are not imposed 10
raise money for the support Of Government.
If Congress levy duty, for revenue Of one
per cent. on given article, il will produce
& given amount of money TO the treasury,
. and will incidently and necessarily afford
protection. or advantage to the amount OF
4 one per cent. TO the homes manufacturer Of
similar or like article over the importer. II
; the duty be raised 10 ten per cent. il will
: lproduce 3 greater amount Of money, and
, afford a greater protection II il be still
/ raised 10 twenty, twenty-five or thrifty pei
]. cent. and If, as ii is raised, the TeVenue de.
/. rived from il is found to be increased, the
protection or advantage will also be increas'
J led; but il il be raised to thirty-One per cent
/. and il is found that the revenue produced
J al that rate is less than at IhIiy per cent.
: il ceases TO be revenue duty. The precise
point in the ascending scale Of duties a
{ which il is ascertained from experience tina
: the revenue is greatest, is the maximum
: rate Of duty which can be laid for the bonl
!, ide purpose Of collecting money for the sup
4 port Of governments. To raise the dnle
higher than that point, and thereby diminisl
6 the amount collected, Is 10 levy them 70
: projection merely, aud not for revenue. Al
) long, then, as Congress NAV gradually in
h crease the rate Of duty en- given article
9 and the revenue ;sincfeased BY such increas
Of duty, they are .Wiihin the revenue stand
s ard. When they go beyond that point, and
]. as they increase The duties, the revenue
b diminished or destroyed, The ACT ceases /
! have for its object the raising ol money /
i support government, but is for proteclo
h merely.
e Il does not follow that Congsess shout
: levy the highest duty on ali articles of in
fpoT; which they will bear within the FeVenn
{ isiandaFd: for such rates wauld probably Pre-
: Educe much larger amount Than the eco
nomical administration Of the government
5 Wous ID require. Nor does il follow that lh
duties on oil articles should be al the same
4 Or horizontal rate. Some articles will hea
: a much higher revenue duty than Others
Below the maximum Of the revenue ttand
ord Congress may and ought 10 discnminai
$ ia the rates imposed, taking cafe so 10 ad
. just them on different articles az to produc
2 in The aggregate the amount which, whe
added lothe pf1ceeds Of sales Of public land
may be needed 10 pay tie economical ex
Is Henses of the government
9 In leyying tariff Of dulles, Congress 81
|. ercise The taxing power, and Tor purposes q
b revenue may select he objects Of taxation
# They may exempt certain articles allopethe
J. and permit their importation froe 81 du,,
/. On others they may impose low duties /
t these classes should be embraced such ART
cles of necessity - are III general use. 50
{. especially such as are consumed hg the "a
!, boreF and the poor, Is we'll as 81 Tie wealth
1 lciiizeu.--Care should be taken that all III
/. great interests Of The county, including man
8 ulactnres, aggricplturs, commerce, navips
+ ton and the mechanic arts, should. a. d
: as may Be practicable, derive equal advar
! tage from the incidental protection which
i Just system Of revenue duties may afford
|. Taxation, director indirect. Is burden, an
!. il should Be 50 imposed us 10 operate !
& equally as may Be, on al classes, il the pro
!. portion % their ability 20 bear ID. no max
The taxing power al actual benefit 70 on
class, necessarily increases The burden !
4 the Others beyond their propprlionsand wonl
s Be manileslly unjust The terms "prOleg
= lion % domestic industry. are 81 populs
imports but they should apply under jul
system % all the various branches Of indu.
xllfg ii The conniFY The farmer Or planls
who tells seally d his ield, IS engaged
domestic industry, and Is much enlille
: TO have bis labor kpFolecled, as the mani
z lacluFeg, she nun of commerce. Tie naKigi