The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1846-07-09


iart, ps0Eed by every 0fiiri1l FepoH "a
The haahees fron he f0nhdsiion q u
IsoFFEnmeHi. lhsi lhe EeEsaae has alnafa
cone np and gone dsSn = the lsriT rs
gone up Or gone towns Ye ne are soii,
: reduee The dulies - increase ErEenue
Are moi duties The s0uIce II EeYenDg ;
and souid il not be jest - seaside 70 81
{. fscurs The Eetenpe 70 increase Ire re-
rnue - Duties and FeEenne are conEa.
title terms. You want iaeesy-liEe M
hons from The tsEih-lllst sun must Is
Faiseds no matter how yaB impose lie H.
lies; and Why not SO arrange them a. %
Proieei and sustain your own national h.
duslry, thus making IaKSIion itself prOk-
ne Of benefits and blessings 10 lie pep-
plei
Oaths suijscI Of the revenue, he would
venture 10 predict thai if tie system u
measures recommended By tie Secretary
l--ihe reduction Of the tariff. lhe chanfr
from specific 10 al salorem duties. lie
SubireasuT,, and the wsrehousing sysien
were adopled-ills revenue next year
would not be half the amount il will he
this year. Marx The prediction, :. noi
half.p ~ g.. w.. :. -
Who could deny the fart that Nth ihe
raising Of the tariff tie revenue increas-
ed, and with lis diminuIi0n the revenue
fell oil. iill 81 last under 20 per cent,
which the Secretary considered the Herv
bfuH fdeGt--lhe very perfection Of a re.
venue sysiem-ihe nett revenue sans
down Io less Than thirteen millions r.
There was the lheOry-and there. along
side al II. sinud his proof; and his proof
utterly subVeueh his theory. did il prove
that reducing duties o. 30 per rent. raised
the revenue To It's highest point Just
'he reverse. IL reduced IL 10 the very
lowest p'int Of depression. While his
theory said that 90 per cent. would give
The " highest" his proof showed that il
gave the " lowest" a..
And was not this a pretty time 10 Sc.
lecI for the reduction OF duties Now,
when we had just entered into a war,
whose duration no nun could predict or
calculate! When we went TO war in
1912 we doubled The duties: now il vas
proposed 20 cut them down one half
What a consnmmaIe proof Of poIiticaf
wisdom and financial ability was here ex-
hibiled.
There was another Thing of which the
tariff was an index. and that was the pub
lie prosperity. When the people were
poor they could not afford 10 consume
ldxuries; imports fell off, and down went
the revenue. But when duties were high
and domestic competition was excited. !.
agriculture having abundant markets, and
labor full and profitable employment, the !
people became prosperous; they lived in |
comfort; they could afford to pay frr fine |
goods and luxuries--and up went the re-
venue. Reduce the tariff. break up Ame-
lean industry, aud you clothed the PEG.
lie in rags, and your treasury became
bankrupt. The national revenue and the
RATIONAL prosperity went mp and dnHn 10.
!eiher. aud were always coinciden, with
iahohai iiOteOluHs
Nj SIS system vas this. Select the
'rl'c.es You can manufacture - The falI
extent Of our Own wants, then, ia the
sngt.ge Of Thomas Jefferson, "impsse
no them duties lighter al fit.i, AMI a',et.
wards heavier as The channels Of supply
we're opened" Tsis wa. Jetferson's
'lsn; The reserse VI modern demotrs. c
.fiee trade" Next Mr.. S. went for lie.
wing ihe highest rates nfduly on the lux.
lrles OF the rich. and no. on the necessa-
les Of the poor. Encourage American
manufactures, and While on the one hand
be poor man lounl pleaty Of employ
hsnt. on The o:ber he got his goods
iieap. lie could clothe himself dectntIy
or a mere trfle. He wanted no foreign
bu. his lea and hi. coffee,
I'D they were fee aud should remain
rec. T'ne poor man could now buy cIolh
OF full suit frJm head to foot for less
haa one dollar Of subsi,nual American
manufacture. He had himself worn In
his ir'li g,rmeni ofshis same goods, a,
o cents per yard, and it was so mlcn
init ell taat more Than dnzsn member,
lad apple FIR similar garments. and lrey
al been supplitd 10 Senator, and oihsr.;
lei We are told The tariff taxes aud up.
ttesses the p,or. Pot high revenue da:
les on wInes,A on brandies, on silks.
!" Isces. on jewelry, on sii that uhrch {
he rich alone CONSUMED and which The I
nor maH do mi want. Take OF the t
dnes from the poor mans nere,ss. {
les and give him high wages f"r bis
'ork. That was he way 10 dItTuse hap.
1ness aud Prosperity among the grea. !
'ody Of ihe people. That was god c
on"d democratic p,l,cy. lie wa, Tor a
Ifll & Up The poor. He vas Tor "Ievel. q
ns Upward" for increasing he domestic a
Jniort Of our own lab ring population u
re true dem 1cracy 81 'h' country. The '
On could pay. aud ought TO be m de TO |
~, and they should pay; the poor man Q
'old MOI, and should not. with his con- b
e"'. Mr.. S. wen, for the system which |
Ie'aied the poor man IN the scale Of so. |