The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1845-07-18
From NE National htcihgencer
'Dhc Eariis.-No. Y.

I'O"' me -'"ftoW1l iHtCtaRfRcU
'Dhc Earifs.-No. v.
Our next purpose is to show that Dr.,
Tar.il Of 1872 revived the dropping busi
ness O. The couu,ry, terminated lie broken
energies Of Tie people, and proved Itself
I good regulator OF the currency" After
making labofious investigation, aud esiab
fishing IN my two last numLoss that tho1
larlti, upon tie whole, does uot rui.e the>
prices Of goods, foreign or doCaestic, i! Is
quite relief, Indeed !, Is refreshing to ar
rive at the beneficial effect Of the existing
rate Of duties on oil the great interests Of
the country, especially - love TO contem.
plate y, to say nothing cf The easy way IN
which i may be made pa'gable. Ia prev.
OTIS auHbcrs was sonew hal zutfuit d with
figures, because, il. order to stand yectus IN
curla, | was compelled 10 read and exam.
Inc the luminous report Of Mr. Webster,
Wilde Secretary Of State, on foreign as
well as eur own duties, the reports OF some
dozen Secretaries d The Treasury, and, in.
deed, al kinds Of documents, foreign ard
domestic, including paper over The sign
manuel Of tho celebrared Sir Robert Peel,
m Inch he tells Parliament, among other
things, that 10 s4l John Bun ccoIly pock
eted about four millions sterling (duty) on
Brother Jona!huu's tobacco. Sir Robrrt
must be an honest Premier or he would not
have avowed this Ike Sr Robert for
telling the whole truth, especially as he cor.
rec'iy set down in us report to Plliament
that the 1u'y On tobacco vas three shiIlngs
sterling per pouud, which Is, uPon 40 ave-
rage, about one thousand per cent,
Blu! aauder val return to The ;srif
Of 1912. For some. time before il passed
every man OF business must remember the
universal want Of confidence ard almost
conservation 10 every direction. Nation.
ally as well az individually, We had lost
credit. at home and abroad, Every De
sefiplion Of business was depressed, and Il
appeared 10 The writer that we we're on the
vei re Of another terrLls crisis. But tar.
If bI! was finally reported aud passed Con.
gress. What was the consequence 2 Il
is known TO every man CT business Nhough
some Of the Southern politicians do not ap.
pear to know il at this day that l,s effect wss
to restore credit, couhleucr, aud to revive
all branches oil business through the land.
After that beali cen, bill became the law,
there no occasion to send agents TO Europe
land these ind .uaHiy TelUsed) to borrow
mooey 10 carry On tie Government! in
times of psaes but the restoration Of con-
hdence among ourselves induced capitalists
10 lend the Government all they wanted,
aud the Government, having lately more
money than il could u9e, regret, dare say,
that the bonds held by Americans do not
fall due faster. Foreigners distrusted US,
and would not lend dollar; bat after the
passage Of the tariff Of la42, Americans in
New York Boston, and other places am
ply supplied the Government with funds al
moderate interest! and saved the nation
from dishonor. If the tariff bill had been
deieated-aud it was close vote the
Federal Goyernmen. would have been pro
tested and dishonored At horne end abroad.
A State or two may reYujl5'a their debts,
aud others 'houest bat uuabp1 may for
year or TWO longer tog Indulgence es to
their interest, which the q neral Govern
ment cannot prevent, but, 10 Gods name,
and for the sake o l1suce, let US shape ne.
uonal measures so as TO prevent national
disgrace. En- paSsa9! when shall We have
such Secretaries Of the Treasury as Ham
lIton, Crawford, and Glliatu1 The fof-
mer, ren}g in early life . merchant, CON,
pretended the sl'Jcct 10 al {, Bearings
- " Irp 10 f.rtl,t fine Torrca GF rssl.Ir