The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1845-07-14

TAKE WARNING. Every day brings to light
fully the heretofore partially concealed purposes
of the Polk and Texas administration in regard the
Wing Tariff Of 1912. 1t policy in Mr. Polk to
keep this question in the back ground till the "Tex-
as iniquy'' disposed of in part, at least. Hav-
ing got the vote Of his party in Congress this
question without much divson.his organ has fail
ed since to declare that the Tariff be cut down.
and to announce from time timo that Mr. Folks
Secretary of the Treasury laboriously engaged in
preparing plan for lis reduction orwhal is the same
thing in effect its destruction. Lutterly something
tangible has appeared 1t is bulletin from the
Secretary himscf-and copied into tho Union-the
Government paper at Washington. from a paper in
Mississippi, to the editor of which Mr. Secretary
Walker had made the communication. The Union
endorses it, and also inmates that the re-ostublish-
ment of the sub-Treasury is another purpose in
temptation by the party. The following is the bull
letin, copied from the Union:
LETTER FROM HON. n. J. WALKER"
Extract from letter to the senior editor Of the Mis-
sssippian, dated June g. IS45
i'lt would be impossible for me TO give you any
adequate conception OF the labors OF this office Sec
Tetury Of the Treasury suffice il to say, never
have any leisure Al present, my chief occupation
is with the details of the tariff. IT MUST BE
DUcED TO THE REVENUE STANDARD.
Ever truly yours,
r. J. WALKER"
And now what is the effect upon some Of The in
terests the people OF this design boldly avowed
and so well understood by many people? We say
it is injurious. And how7 Last year at this time
our state full of the agents OF the manufacturers
of wool who paid FOR full blood merno where in
the vicinity of 40 cts. per pound It is not now,
and why? Because the larger manufacturers ofths
article knoi0 Mr. Folks hostility and that Of a great
share of his party TO protection upon this article and
the fabrics made from it, and before they could turn
their cloth into money they expect to our ports
epen to British cloths They what his organ says
and what his Secretary is doing, They see how the
party have pushed their purpose in regard TO
aon,a purpose strongly declared before the
lection than hostility adequate protection. That
purpose has been nearly accomplished, and why
should not the other, they
The same Tariff law is in existence which we had
last year when wool went off at much better prices
than 1t does this Then the wool buyers expected
the law to be permanent, for they expected Mr. Clay
to be elected. Mr. Polk by fraud and deception sue
| ceeded, and they have such expectations,
and shape their business accordingly. They do not
send out men buy wool, and consequently there is
no competition, and only few sales and those at
duced prices. And this is just what tho Wings pre-
diced would be Of the consequences Of Mr. Folks
election. Had Mr. Clay been elected there would
have been an increased demand and an enhanced
price even from last year paid for it this and for the
plain reason that permanent protection would have
been considered settled matter.
The loco editors very generally shooting their
light arrows at the Tariff of 1912. And what does
this mean? Why's to prepare their readers to go with
Polk and Walker 10 ''reduce'' it. They say it don't
protect wool. 1t did last year TO reasonable
tent But it is now in differen; hands and exposed to
different destiny, and that which is tire result Of
Folks election they falsely attribute defects in the
law. These things not every body knows
before the law fell into the hands Of the Phistnes.
We lay tho above letter from Mr. Folks Secretary