The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1846-05-07

cnsk sAeif s 3 ,s--tlFsr - &c. .SiE
49, IA lasxh.l S1ak ) l. dihasnrs
le.waen BTiiish So Amrrran palieF.
SIR Rokerl Pesl's preseni y s;en furnish
Is pouefal srgamenls lOr sdhsr g 70 osr
proaeruxe sysien---dis ei3eei 1881 .
lsroE. III 70 beat ~; ard our course Is
nnl % defeat. hui 10 favor BIS purpose.
This Nil nDl only BE- he edsel Of ihe
iaFiH psoPosed ~ our SscrelaIy. bni y .
lis oren and sfoued purpose md design.
d Il NJ he proclsimsd puTpose 81 NE
message snd repDFi 10 increase lhs imF0E-
lsli0a q British goods. and d e0urse. %
lllal exlsnl, ieslToy An.sTicsn suI ply !
Dnes moi The Secretary propose % EFdUrs
he pTolesnve dulles mole Than 0ns-hall
Cor HE purpose Of inerrssing TeEenue J
and II lie reEeaas is Increased b. res!uc-
ing duties One-hslI. must not The Imporis
be more lhaR doubled! This i sell-es-
idenl. and il Won dOutls your imports Of
ioreign gods, must yOa not destroy 70
that extent American surply! MostcsE-
laihly, unless he Secretary can. IN has
wisdom. deEisea plan 10 make people CT.
drink. wear double rs much Is lhsy now
DO. Bot where wall we end money 70
pay far them There's the rub. But
starting ard extraordinary - il may ap.
pear. our Secretary, Tor the fret time in
The history Of the world. has boldly and
openly ayowed IL as The object Of GOE-
eminent 10 break down and destroy is
own manufactures Tor the purpose Of ma
king way for those Of foreigners. In the
very frsl paragraph Of his argumenlsIive
report. he sets out with stating that the
revenue Of the Isl quarter Of illl. year j.
two millions less than the Isl quarter Of
the last, and that this has been oeeasinn.
ed BY the substitution Of highly protected
American manufactures lur foreign inn
potts and this evil. this terrible evil, This
American Secretary proposes 10 remedy
BY reducing The protective duties and thus
breaking up this abomiEshle business Of
&" substituting domestic products" made
BY American labor out of American pro-
duce, Cor BRUSH goods. made BY British
labor out Of British produce. Oh! but
he hates the British. Now, sir, this is
not only tie doctrine Of his lexi, but il
runs through his whole sermon Of 957
pages. No wonder il was printed by the
House Of Lords: and lei our Secretary
carry through this bill. and Queen lic,o-
ria woull gladly transfer the seals from
Sir Robert Peel 10 Sir Robert Walker,
lnr he will have rendered her a greater
service Than any other man, dead or lly-
ing. s- ~ ~- -.r.- ... AL
But this is not only the doctrine Of the
Treasury report, but Of The message il.
self. The revenue standard laid dosn in
The message aims death blow At all
American industry. llsuggssls kind of
= sliding scale" so thai whenever any
branch Of American industry begins 70
peat the foreigner, aud supply The market,
md thereby diminish imports and reve-
nue, this is evidence ihsl The duty is too
l"sh an's v.ssss :. '. .e,lsvvsb - 70 lea
IN The foreign rival productions |; but lei
The President speak for himse.l--here is
his revenue standard in hls own words:
sThe precise point In the ascending ss.ie AZ
luties at which Il i ascertained from experience
that the revenue Is greatest Is the maxium rac Of
luty which can be laid for the bona fde purpose
Of collecting money for the support q Govern
mcnt. To raise the duties higher than Chat point
and thereby diminish the amount collected u 10
levy them for protection merely and not Tor reye-
nue.. As long, then. rs Congress may gradually
increase the rate OF duty on given article, and
the revenue is increased By such increase OF du-
ty, they are within the revenue standard. When
they go beyond that point, and as they increase
the duties the ressnue Is diminished or destroyed,
the act to have for its Object the raising of
money 70 supper, Government but is for proicc-
ton rnercly."7 1851 @a@ as'.sa AT a''FTa.
What is this but a rule 10 favor for
eigners and break down Americans The
moment The American By his Superior in
dastry and skill begins TO succeed, then
The: duty must come down so as to in
crease foreign imports aud revenue. This
is the plain and inevitable operation uf
the rule, and who would go into manu-
featuring under such an anti American
rule as this, making it death By The law
certain and inevitable. As an illuslra-
lion, take iron for instance. Owing 10
The rapid increase Of iron works in the
United States, the import of iron has
been greatly reduced; then The Execu-
live rule applies-down with the duties,
50 as to increase imports and revenue.
Accordingly. Mr.. Walker proposes to re-
duce the duty. which, lie says, is now rs
per cent, 10 80 per cent, so as 10 increase
the revenue. Well, TO do this, he mug.
more than double the imports, now A.
mounting TO more than eight millions a
year, and thus he must import | 6 millions
of dollars worth Of iron instead of eight
- destroy eight millions &c American
manufacture TO make way for foreign, and
thus import twelve millions of dollars
worth OF foreign (mosIly English) grain
and other produce used in the manulac-
inre Of this iron; for the fact is inconles.
ilhle. that more than three.fuurths of The
value Of iron is made up Of The produce
of The soil. Aud this is the policy In IA