Ypsilanti sentinel. [volume] (Ypsilanti, Washtenaw Co., Mich.) 1843-1900, 1845-12-24


pressing upon our attention, and which We consid.
or OF more importance than anything we could
say, prevents US from reviewing the Message, as
it deserves. or even at all, this week.
1tsex'reme length. also, forbids the examine
aiion Of more than frsgmen, Al time in our col.
umns; and to rebut Mr. Pok's position on the Ia.
riff, We give The following exrac, from tie spt ech |
Of Mr. Stewart in Congress Dec lS45-
Those Of our readers who have pre-. erved
copy of the Message will s,e tie fnrce Of Mr.. |
Stewards arguments by reading that part usder
the head of the reduction of the Tariff
But the Secretary Of The Treasury had made
other very wonderfu discoverns IN finance
What did he tell usl Experience proves that
general rub: duty of twenty per cent ad va.
aeren will yield the largest revenue" Yes; ex-
periei &c proves that advalorem duty of twenty
per cent yieds the greatest amount of revenue
twenty p cent yield the greatest revenue? Why
what was the great broad universal y-known ex
periei &c of the CT untry? We had a Tariff Of
verify per cent in lS4l-2 what was our rev.
=. ue! Not half of what il was now. The
whole amount Of revenue from imports was then
about thirteen millions, and this year it was about
twenty-sevcn! Ii 90 the Secretary is right; If not
he was wrong. And what was the effect of their
twenty per cent. horizontal duty? Under It's ope
rations the country was pros;ra:ed, the Govern.
ment Itself bankrupt, and the people were lit.
tie better. Yet this man could say in the face of
these wslknown facts, pnd OF the American pso-
pie any one of whom knew BETTER that an average
duty Of ~eniy per cent. yielded the highest a.
mount of revnue. The Secretary had even gone
further yet than this: in his famous circular he had
assumed that twelve and half per cent. horizon
tai was the true revenue standard. Some Western
scribber asked him, through The press how much
revenue twelve and half per cent would give on
one hundred millions o. imports: Chat being NOR,
than the average amoun'.) The answer must be
twelve and half millions: then deduct three and
o halt millions, the expense Of cnleciior, and hui
nine millions of nett revenue won be left to pay
twenty six millions of expenditures. To make up
the revenue. you must add more han ole hundred
millions 10 your imports, while your while specie
has never been estimated at more Than twenty
five mill ons then all your specie goes for YOUR
first year. and where will you &c, money for the
next yeaIl These questions. bpg father trouble
soma, were never answered.
Tie truth was that the revenue resulted from The
tariff and followed l.. When Tie iaitf was low,
the revenue was low; when the tariff was high
the revorue was high. That had b,en The uni
form experience Of The country. and he challenged
gentlemen to show TO the contrary. IL nut be so;
!, u could not be otherwise. Aud why? Because
the result of protection was 10 make the people
rich, and taking off proertion made them poor
When ihe people acre rich the Treasury was full;
sthe.counfry became poor the Treasury was i'm.
DIVERSIFIED The condition of the Treasury was
q - AZ
lty Of the country. According 10 the national pros
IerI,y of the country, SO would the revenue ever
be found When men were Impoverished, could
they purchase goods freely! Certainly cot
When prosperous their wives a, daughters could
purchase Costly clothing aud rich furniture, and
then many goods we're always imported. But
Yhen the country was Impoverished, men would
vear their old coats, their wives and daughters
s.yed AT home aud me .dcd them merchants could
GET 10 money 10 import goods the Treasury
was impoverished.
Under tbs compromise Law the duties ran down
till they reached the point OF twenty per cent;
then was the geneman's Utopia; then according
To the Secretary the revenue ought to have beer
abundant; but who had yet forgotten, or could
ever forget, what had been ihen Inc condition o.
the treasury. and of his entire iaion! The treas
ury was so perfectly bankrupt lt.a cou d not Dor
row one hundred do!laas. The States were eve
~ where repudia.ing their debts. aud the Na;s'n
al character lay PROSTATE aid bleeding. Iha
was the condition, and every body knew it,, tt
which twenty cent tariff had ought This ant
and yet al this day the first fiscal officer of The
Government had the trout 10 reGc"mmend return
10 tina, state of things. In great hu'nIlia
a,on and distr s. the tariff OF 40 M like de
lrvering angel; IL raised aud restored the revenue
IL repenlshtd famlshed treasury; 1t brought re
pudiaton INTO disrepaie, 1t made bankrupt Law
useless, M q word, II struck he whnle Country al
with the wand of an rncha,itr, ard brought bacl
plenty, aud credit, and ENTERPRISE, aud hope, ant
publlc character. Why then disturb II! VIVA
ndschief had il donel The Secretary deprecated
agitation, but who agitated The Country! Ii Wa
the Secretary himself and his frleuds- The
friends Of protection every where cried out. "Giv
the Country reyose." Give the country prosperI
Nv and peace under tie tariff as it -
The hour mere expired, the ch",ma IS hamme
fell, aud Mr. Stewart resumed hs sea
EFFECTS OF KINDNEss.- am almost convinced tina
there never yet was instance In which KINDNESS
has been fairly exercised but that it has subdued tn
enemy opposed to it. Its first efforts may not sue