Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1845-12-17

evidence that il was mot intended TO be
permanent, and Of the expediency and
nee essiiy offs thorough revision. 8 -
es, lasSthe recommenditg to- Congress a
reduction Of the present rates ofdtty, and
notification ofthe act of 1912, 1 am far
from entertaining opinions unfriendly TO
the manufactures. On the contrary,
desire 10 see them prosperous, as far as
they can be SO, without, imposing unequal |
burdens on other interest. The advan-
lase under any system ofindirecl taxation,
even within the revenue standard, must
be in favor Of the manufacturing interest;
and of,his no other interest will complain.
recommend to Congress the abolition ofthe
minimum principle, or assumed. arbitrary, and
false values, and ofspecfc duties. and The sub
ttution in their place of ad ralorem duties, Us the
fairest and most equitable indirect tax which
Gun be imposed the ad 1aiorcn principle, all
articles are taxed according TO their cost val.
ue. and those OF an inferior quality. or of small
cost, bear only thejust proportion Of tax with
| those which are OF superior quality or CREATE.
cost. The articles consumedby all are taxed
at the same rate. A system of ad 0atoTem
| revenue dulies, with proper determinations
| and proper guards against irands III collecting
them, it is not doubted, will afford ample Incl
dental advantages to the manufacturers, and
enable them 10 derive as great profits rs can
be desired from any other regular business.
Ii is believed that such n system. strictly within
within the revenue standard. will place the
manufacturing interests OIL stable footing
and more TO their. permanent advantage, while
It will as nearly as may be practicable extend
| all ~ nft tho trv f,pi IN,
4 cidpnta protection which can be afforded by
our revenue Laws
I Such u system when once firmly established
| would be permanent, and not be subject 10 the
constant complaints, agitalio,s. and changes.
which must ever occur, when duties are not
laid for revenue bur for protection merely Of q
favored interest.
Entertaining the opinion that The "sep
araiion of,he moneys of the government
from banking institution is indispensable
for the safety of the funds of tho govern
meu,s and The rights Of the people,"
) recommend 10 Congress tha, provisions
be made by law for such separlion. and
that constitutional treasury be created
for The safe keeping of The public nancy.
The constitutional treasury recommended
is designed as a SUE depository for The
!, public money, without any power 10
make loans or discounts, or 10 issue any
paper whatever as a currency or crcua-
.ion. doub, no, hat such treasury as
was contemplated by the constitution,
should be independent Of all banking
corcoralions. The money Of The people
!, should be kept in the treasury otthe people
created by law, and be in the custody OF
, the people chosen by themselves, accor-
ding tothe forms of The constitution ;
}. agents who are directly responsible TO The
Government, who are under adequale
bonds and oaths. and who are subject to
z severe punishmenls for any embezzle-
! ment, private use or. mis- is.applicalion OF
} the public funds, aud for any failure in
other respects 10 perform their duties.
70 say that the people orl!:eir government,
are incompetent, or nor 10 be trusted with
the custody, Of their own money, in their
own treasury, provided by themselves,
bu, must rely on the presidents. cashiers,
aud stockholders of bankiny corporations,
moi appointed by them or responsible 10
q ihen. nnld Sha-l -nn,,nea "a ikai-ih
s EmconfPetentof:se seltsope erhments. - Tss
lnrecommencing the establishment Of
a constitutional treasury, s,in which the
J, public mouey shall be kept. ! desire that
adequate provision be made by law for
its safety, and that all executive discretion
or control over il should be removed
except such as may be necessary in
directing its disbursements in pursuance
OF appropriations BY law. q
Our relations with The Indian TRIES are
:, ofa favorable character. The policy of
removing them 10 u c, uutry designed for
their permanent residence, west Of the
Mississippi. aud without The limits Of The
. organized States aud Territories, better
appreciated by them than il was a few
years ago; while education is nos alien;
ded TO, and the habiis of civilized life are
gaiuing ground among them
Serious difficulties of long standing
continue to distract the several parties
inio which The Cherokees are uuhappily
divided. The efforts Of Inc government
TO adjust the difficulties between them
have heretofore proved unsuccessful; and
there remains no probability that this
desirable object can he accomplished
without The aid OF iurlher Legislation by
Congress.
!. The commerce Of the United States,
and with it tn e navigating, have sieadil !,
| and rapidly increased since the organiza
lion Of our government, until, il is
believed. we are now second TO but one
Power in The world, and AT no distant day
we shall probably be inferior 10 none.
Exposed as they must be, it has been
wise policy to afford to these important
interest protection with our ships of war;
distributed in the great hie ehways ofIrade
,hrnughoul The world. For more than
thirty years appropriations have been
made and annually expended, for The
gradual increase Of our naval forces. In
peace, our navy performs the important
/ duty of protecting our commerce; aud, in
The event of wsr, will be. as il has been.
a most efficient means of defence.
II has never been our policy 10 main.
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