The northern galaxy. [volume] (Middlebury, Vt.) 1844-1848, 1845-08-06
LOCO.FOCO POLICY.

The Loco-Foco papers through the State,
are ringing the changes upon the low price of
wool as the result of the present taiiff. Ifthey
are as they pretend TO be, land it is mere pre-
te~nsion,) greatly in favor Of a tariff to
protect the farmer, the wool grower, why
do they complain at the present tariff! On
ly because it is a Wing measure. passed by
Wing votes. Had the Loco party passed
the bill, it would have been the personihca-
ton Of tariff perfection in their estimation.
These same presses that now curse it, would
praise it as their offspring aud Of course
right and deserving of public conf
dence. But it is a Wing measure, and of
course it must be- wrong. But we can tell
why wool is so much lower in price than last
ent operate against wool. Ten years ago,
we did not hear of large quantities of wool
raised in Ohio, Michigan, Illinois and Wis
consin. But now they have large aud grow
ing locks Of sheep in these several States
their quality Of wool is not as fine as most of
ours, yet as fine as much Of ours. This Of
course creates a competition. according to the
quantity and surplus thrown into market for
sale. Every pound thus thrown into market
for sale comes into competition with that
raised in Vermont; and the inevitable tenden-
cy of this is to reduce our prices, But what
would it be, if the tariff was destroyed, and
foreign wool suffered to come in millions of
pounds into the country free Of dutyi We
know Vermont Locos manifest a great re-
gard for the wool grower, aud regret that the
tariff does not protect them. But they are
only a small portion Of the party, who cry out
for Free Trrde-and who vote for J. X. Polk
with his openly avowed defamation, "that
wool ought to come into the coun try duty
free" What say you Vermont farmers?-
How much consistency is there in a party
who complain that wool is not protected G.
nough by the tariff and at the same time sup
port a President who avows it had not ought
TO be protected by a tariff at ala But anoth-
er reason why wool is dull Of sale is, the man
manufacturers are thrown into uncertainty in
regard to the future dangers of Polk and this
party. While some are for a tariff affording
incidental protection, .the vast majority of
the loco party are for destroying even this,
and bringing duties down to a revenue stan
dard. This is the feeling of Mr.. Walker,
Secretary of the Treasury, when he declares
he is aiming to adjust the details of a future
Tariff bill, with a direct reference to a, reven-
ue Tariff-a revenue policy. This is what
alarms those engaged in the manufacturing
interest. There..isn no safety in. extendins:.iheir
operation,-making investments in wool by
laying in 4 years stock, &c. In this they are
prudent For if the'pro;ective policy is de-
stroyed, and free trade is established, they see
in such a result their own fate, which is that
ofruin. Where, we ask, wouid,lhe Farmer
find a market for his wool if protection is "a
ken away from the manufacturer? Will he
go TO England with his wool 2 By no. means
for there he would come in competition with
wooltrom South America, and various paris
Of The world, raised with .oue-fouIth the ex-
pense OF his own production. The truth is,
as Loco policy and measures prevail, the in.
terests OF the country suffer, and as Whiq
policy and measures prevail, the country
prospers. Past experienc e proves this true
and all the wiggling ond:twisting of Mars,on
Eastman& Co, will we think fail TO convince
Vermont Farmers TO the contrary. The Lo-
co Focos of Vermont war upon a protective
tariff under the guise Of its warmest friends.
They are afraid to come out openly, like the
party NEW York, and go the whole hog for
free trade. They are however, paving the
way for a total abandonment Of the pro,ec-
tive policy, and we prophecy that in less than
five years. they will inscribe upon their ban
ners ''dorn nth a tariff torprotection,-give
US free trade For how was it with the par
ty here one year ago upon the question of
annexing Texas2 Why, the idea ofannex-
alton was secuted denounced as unconsti-
%tutional, and its supporters as enemies to uni
versal freedom. How was il when the news
Of the rejection of Mr.. Van Buren, and the
nomination OF James K. Polk was first re-
ceived? Loco Focos were openly heard de-
nouncing the cheat palmed off upon
them, and declaring they would never sup
port the nomination. But mark the result.
Sacrificing principle, giving the lie to pro-
~iession. they were led into the line in perfect
obedience and submission TO free trade dicta-
ton, and Southern Slaveocracy. So will it
be with the tariff. They now profess to love
it, but they will ere long join with the cry of
the Southern wing ofthe party, "A Tariff for
Revenue with Incidental or no Protection
This is the spirit ofthe progressive Democ-
racy' however and its end no one can fully
see.