Jeffersonian Republican. [volume] (Stroudsburg, Pa.) 1840-1853, 1846-05-07


allv increase the rate of duty on given article,
and the revenue is increased by such increase CT
duty, they are within the revenue standard. When
they go beyond that point and as they increase
the duties the revenue is diminished destroyed,
the act ceases to have for its object the raising of
money to support Government, but Is for protec
lion merely"
What is this but a rule to favour foreigners and
break down Americans! The moment the Amerl-
can by his superior industry and skill begins to
succeed, then the duty must come down as
to increase foreign imports and revenue. This
is the plain and inevitable operation of the rule,
and who would GO into manufacturing under such
an anti American rule as this, making it death by
the law-certain aud inevitable. As an illustra-
;ion, take iron for instance. Owing to the rapid
increase of iron works IN the United States, the
the import of iron has been greatly reduced then
the Executive rule applies-downw wlththe duties,
so as to increase imports and revenue. Accord
ingly, Mr.. Walker proposes to reduce The duty
which, he says, is now IS per cent, to 50 er
cent, so as TO increase the revenue. Neh, 10
do this, he must more than double me lHPoite'
now amounting to more than eight millions year,
and thus he must import l6 millions OF dollars
worth of iron instead OF eght-destroy eight MIL
lions of American manufacture to make way Tor the
foreign and thus import twelve millions ot dollars
worth of foreign (mostly Enghsh) gram ana o'ler
produce used in the manufacture OF this IRON; Tor
the fact is incontestiblc, that more than three
fourths of the value of roa Is made up oil the pro-
duce of the soil. And this is The policy to favor
American farmers and American la5OrerSi Throw
the plough out of the furrow, and turn labor out
TO starye--to make way for British goods, and in
crease revenue!
Mr.. S said he had not time at present, but he
would avail himself of the first proper occasion
TO shew, as he thought he could most clearly, that
all the theories of the Secretary and his followers
in favor Of their free trade policy were not only
false and unfounded, but that exactly the reverse
ofthose theories was true. He referred to the
theories that protection was for the benefit OF
manufacturers at the expense OF the farmers and
laborers of the country;" that protection IN
creased the price Of the manufactured goods, and
reduced the price of labor ard produce that 1t
favored monopoly and wealth at the expense OF
the DOOR" that reducing duties would increase
revenue" &c. He could scarcely speak of such
gross absurdities in respectful terms What2
Favor invested capital by building up competl-
ton and increasing the supply of the articles they
had to selll Iniure the farmers by doubling the
demand for their produce, raw materials and
bread stuffs of every kind! Cypress and rob the
consumer by giving him goods at one fourth their
former pricel Reduce wages by doubling the
demand for labor-labor of men, women, and
childrenl Yes, sir; increase the price of goods
by doubling the supply, and reduce the price of
agricultural produce by doubling the demand
Favor monoplies by building up competition, the
only thing to destroy il! Such are the absurd
theories Of free trade But gentlemen must first
reverse all the laws of trade--the great and uni
versal law that demand and supply regulate pri-
ces."---a law universal and invariable in its
operation, as the law that governs the solar sys-
TEN, must not only he repealed, but reversed in its
operations, before gentlemen could sustain any
ofthese absurdlties.
The clock admonshed him that his time was
out he would avail himself the moment left 10
warn gentlemen--if they would allow him to
prophesy, he would say gentlemen, pass this
Treasury bill, approved, as he understood, by the
cabinet; bring back The scenes of ls40---restore
your twenty per cent. tarff-bankrupt your treas.
ury---paralyze your national industry---breah
down your farmers, manufacturers, and mechan
les, by importing goods and exporting money!
pass this bill, and in eighteen months you will
scarcely have specie paying bank, or a specie
dollar left in the country Pass this bill, and yot
will not only bring back The scenes, but repeat
you will bring with them the political revolutions
of 1870 Again will be heard throughout the lane
the crv of change! chaRge!any change must6e TO
The better" Political revolutions are the fruits o
popular suffering and discomfort; in prosperity th
CRY is ''let nell enough alone"
"a voice) Then as Wing you ought TO G.
for the new tariff.
Yes, said Mr.. S. If | was like some gentlemel
on this foor--if loved my party more than IN,
country, l would; but as love my country more
than nv party will not If it were not for tn
lash and drill party discipline this "Br7tfsh bill
would find few advocates This floor. 1t wa
the bantling of partythe Legitimate offspring q
the Baltimore Conveniion---that Pandora's bo
whence originated most of the troubles that nov
afflct this country. But he again warned gentle
men---pass this bill, and in the strong language
democratic Senator on a late occasion, it vii
sink ''the party low that the arm of resurrection
could never reach it'---so low that---(here th
hour having expired, the chairman's hammer fell
and Mr. S. resumed his seat.