The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1846-12-24

general welfare. and he pure ann hole
some prngress q onr inslilufioni
Among our iasl causes 0l eoasini :.
gsinsg Mexisa. arising oct q herefossl
10 treat lor peace. = vel befora since
The wsr 50 unjuslly commeneebn her
part. are he extraordinary eapsliinEes
IN which We have bern insolse Jus
lice 70 our ewn people win make prop
CT that AisKios shaule be held reDnsible
for these expenditures.
Ee0namy in The public expeninres j.
al al times . high duty Nhirh public
functi0nsIies uf the governmenowe 10
ihe people. This dnly becumesle more
imperative in period Of war. wen large
and extraordinary sxpendisuresbseome
unavoidable. During the exisieae of Ihe
war with Mexico al our resourr, should
be husbsnded. and no apPrOPrialiGs made
except snrh as are absolutely Tressary
lar its vigorous prosecution anshhe due
administration Of the gOvernmtL Oh
jseis Of appropriation which in pee may
be deemed useful or proper. but 'hieh are
not indispensable for The publiiserrice,
may. when The country is engsfd in =
foreign war. be well postponed ~ future
period. BY The observance Of H. poll
cy ~ your present session, large alOunls
may be saved To The treasury. andDe ap-
piled 10 objects of pressing andurgen1
necessity, and thus the cresiion ola cor
responding amount Of public debt lay be
avoided.
IL 10 not meant 10 recommend TAT the
ordinary and necessary approprialins for
the support Of government shold be
withheld. but il is well known IhaIal sE.
cry session Of Congress appropriations
are proposed for numerous objects which
may or may not be made. wiIhouimaie-
rally affecting the public interest; and
these il is recommended should nol be
granted. .-.a.
The set passed al your last session
l." reducing the duties on imports not ha-
wing gone into operation until lheirsl Of
The present month, there has nd been
time for its practical effect upon lie reye-
nue., and the business of The c,urlry, to
be developed. Il is NOT doubs I'd, how.
ever. that the just policy which il adopts
will add largely 10 our foreign tade. and
promote the general prosperity. AL.
though IL cannot be certainly loreseen
what amount Of revenue il will yield, il
is estimated that IL viii exceed that pro-
Ilnced BY the act of 1912. which il su.
perceded. The leading principles eslab-
IIshed By ii are, 10 levy the isxis with a
view to raise revenue. and To impse them
upon the articles imported according to
their actual value.
The act Of 1912, by the excessive rates
IF duty which il imposed on mny ar,i.
lies, either totally excluded than from
muorla,lon. or greatly reduced the a.
mount imported, and thus dlmlnlsaeu IA.
stead Of producing revenue. BY it the
lakes were imposed not Tor the legitimate
purpose of raising revenue, but 10 afford
advantages 10 favored classes, al the ex.
pense Of large majority Of Their fellow.
citizens. Those employed in agriculture,
mechanical pursuits, commerce, and ma.
vigalion, were compelled 10 contribute
from their substance 10 swell ne profits
and overgrown wealth Of the compare.
lively few who had invested lhsir capital
in manufactures. The taxes we're not
levied in proportion 10 the value OF the
articles upon which they were impos.
ed; but. widely departing from this just
rule, the lighter taxes were, 10 many ca
ses. levied upon articles OF luxury and
high price. and the heavier taxes on those
Of necessary and low price, consumed
BY The great mass Of the people. liwas
system the inevitable effect of which
was To relieve favored classes and the
wealthy few from contributing their Just
for the support of government,
md TO lay the burden on the labor OF the
many engaged in other pursuits than ma.
lulactures.
4 system so unequal and unjust has
been superseded by the existing law.
which imposes duties no, for the benefi.
Or injury Of classes or pursuits, but dis.
ribuies, and, as far as practicable, equal
yes the public burdens among all classes
md occupations. The layured classes,
who. under the unequal and unjust system
which has been repealed. have heretofore
ealized large profits, and many Of them
Imassed large fortunes. at the expense
If the many who have been made lribu-
ary 10 them. will have no reason H. con-
'lan If they shall be required to bear their
ust proportion of the taxes necessary for
he support Of government. So far from
/. it will be perceived, by an examination
# the existing law, that discrimination in
he rates Of duty imposed, within the re-
enue principle. have been retained in
heir favor. The incidental aid against
oreign competition which they still emmy
ives them an advantage which no other
pursuits possess; hut of this none others
will complain, because the duties levied
re necessary FOR revenue. These reve-
lie duties, including freights and charges,
Which the importer must pay before he
an come in competition with the home
F..