Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1846-06-19
MON VA
Friday Morning, June 10, 1870

the heavy majority By when Inc new
w,s ,,Len nm on Monday, and confidently asnS'
uwho nm doub, Of its final passage during Tue
nresen, session Z" II before The ali'i"P''' an
resnI,s If the last ten days, we urged Inc mourn
cation Of The Tariff, mol only as a grea' pfine'p'e
Of the Republican party, but as a mater o. jus.
tice 10 all our national interests, aud as po'e"'
moral ensine in binding the nations Of 'ns ea''"
tooe,ber in peace and friendship, how much more
<,renno,sl, ,hnuId sc call for the instant ac'''t
o. Congress, now that peace has been es'io's''eo
with The greatest naticn IN Inc woiu 'n"' W
Mexican war promises 10 be oil priei ea's'en'e'
and bat Grea, Britain hersel. has struck Inc Hlsl
great blow in The cause oil free trade and CONNER
ca intercourse
Many speculations are ahoat as 10 the gearing
of The repeal OF the corn laws upon our county
All admit, that il will have benehciai eheel
upon The Indian Corn, so valuable s'di'e VI
Virginia and The West. There is much differ
ence 81 opinion as 10 its effect upon America"
wheat. The Tarffles contend, that Inc cohh'
men, OF Europe will be able 10 supply The British
demand upon cheaper terms than ourselves we
shall mol now combat thai opinion. The mas
le,Iy speech Of Gen. Bayly, which ouI feadeis
have doubtless studied, is conclusive on tha'
point Though the first effect OF The repeal oil
The corn laws may be 10 lower the price oil gram,
BY throwing into the market The large qaanIilies
Of American produce locked up in bond IN Eng
land, we cannot doubt that its permanent opera
ton will be Of vast service, and that the United
States will become one OF the largest srsnarles
of Great Britain. 1t would be running coun'er
10 truth and reason 10 draw any other concu-
sion. To show the deep feeling Of Joy that The
o.al repeal ofthe corn laws has produced in Eng
and, We quote an ex,racIirom the London Morn
inc Chronicle OF The 2Slh May:
"The deed is at length done. The Com law
is virtually repealed. The House OF Lords has
a affirmed The principle OF total abolition by ma
iority as great as could have been anticipated by
the most sangune, and gTealerthan was expected
by the best informed calculations. This IS truly
a glorious erenl-an event oil momenlous impor-
lance to The people, and one, we firmly believe,
Of happy omen to the aris,ocracy OF England
The country is saved from the terrible nischieis
OF a struggle, in which all The bad passions Of
class, and sect, ard party would have been call.
ell forth in the utmost iierceness. Many Old and
half closed wounds IN The social body, which an
angry agitation would have rent open, vii! now
be suffered 10 heal. Many questions, reaching 10
The foundations Of Society and government, winch
a smile between The aristocracy and the people
would have excited and raised into dangerous
lie. may now slumber in obSeurity.
"A great victory has been won-a victory Tor
peace order, and humanity. II is a triumph
III M ~
institutions which permit controversy 50 mighty
10 be brought 10 an issue through the instrument
laity OF free discussion alone, and in the midst
of profound nquilty-proud loo OF that wide
y dihused intelligence and untirlng energy 10
which the triumph is owing; and, let us add
proud OF an arisiocracy which, whatever be It's
iaulls, has shown that il can appreciate the force
of public opinion, aud sympa,hse with an earn
cst popular conviction. The landed arisocracy
IS replesenled by the House of Lords, has yield
ed. gracefully as well as wisely, 10 the deliberate
opinion al The nation. The surrender does them
nothing but honor. The COMES, closes without
humiliation 10 any one.
I'VE speak of the victory as won. Attempts
a. amendment or muilation, alter such maJo-
rlv as We This day announce, would be simply
absurd and vexalious. We trust and believe
that such attempts will not be made, but that,
with all convenient speed, the opportunity may
be afforded 10 our gracious Sovereign OF giving
The last sanction TO the decision fthe Legislature
For similar reasons we desire 10 see our own
system OF monopoly pruned down 10 reasonable
dimensions We desire 10 prevent The "mlschIeis
Of struggle which, If not now visible, must,
rom the natural operation OF causes, be regarded
as not beyond possibility An ojious TaIift has
already brought the nation TO the verge OF disSo-
luton The present Tariff has caused deep dis
satisfaction throughout the country; and, il the
existing class legislation be continued, weakening
the interests OF commerce and agriculture and
pouring iulo the laps OF the large manufacturing
monupolists of the North their 40 and 81 per CT
premiums on their capitals, will any one be bold
enough TO say, that We may no, see The same asi-
tation which, hoo marked The history OF England
in connection with the corn-la~s What a slri-
king spectacle was exhibited, when the Duke OF
Wellington, The great leader Of an hereditary
arisocracy ana the consistent advocate Of The
corn-law and other monopclies, came forward
under the pressure Of popular opinion, aud NOV
ed the action Of III. House of Lords upon The
grca, measure OF Reform! What noble laureis
iul efforts in the cause Of truth and justice =
What has been 50 slorlousy achieved in Great
Britain, shall We not see followed up by our
own Republic? Shall England taken the lead
in Tree trade, and our own free government con-
tinue the present unjust system OF commercial
res,ricion7 We cannot believe that Congress,
will hesitate 10 do what is right. Tae people
will submit TO no derslcton Of duty on this grea,
question.
We have already published Inc excellent mes
sage OF The President on this subject. In view
OF The additional expenditures on account OF the
war with Mexico, he advocates reduction OF
duties for the sake of revenue, and tie imposi-
ton of duties on the free and non-pro,ecled ar.
ticles. When the nation IS al war, every pa
riol should forge, the interests Of favored classes,
nue., TO delray the requisite expenses. Such
course is recommended by the President, and we
believe il 10 be consonant with reason and JUS
lice.
The Rcnor, Of the Secretary OF the Treasury
is 10 The point, and is based upon sound views
of The Tariff 10 The revenue standard Wa shall
publish il Tomorrow In The meantime we take
from The Baltimore American summary OF its
recommendations. The war which Mexico has
forced upon US, all must have expected, would in
crease our public debt. We are pleased to see
that The accumulation OF deb! may be, compa.
ratively speaking, OF limited amount. In any
event, the reduction the Tariff and other reve.
nue. measures are strongly demanded:
MIR. Walker estimates deficiency for The ifs.
cal year, ending June 46, juno Al, Of $1,000,
463. His estimates formerly were balance 81
81 1872, AL This last sum il is necessary tt
keep in the Treasury 10 meet pressing demands
upon il.
To meet the expected deficiency, il is proposed
that s., 534 ,057 shall be raised By modifying the
Tariff, and schedule Of articles is named on
which ii is proposed TO levy war duty 10 be
aholichpd ,ftar he with Moyico &c