Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1846-12-14

vi .s-~~~sr g.
cecdcd nne mlllhrs OF dollars. Notwithstanding epnsid
cradle expenditures had been made ur the dunno
the months oi May and June preceding but tlr ia,
Wat the whole nnhllc deb, could and would have he,l
eNungushod within short perod; and it was a pari III
my settled policy 10 do 81, and thus relieve the popl,
fnbn ITS butden and place the GOVERN IN pson
which Would enahleit to reduce the public expenditures
To that economical standard Which Is IN, 81 consistent with
the general welfare and the pure and whol,s,mo pro
grcss Il our institutions
Aiming our Just causes Of complaint against, Mexico
arsinS out oi her refusal 10 treat ior peace. well lie
trc as since the unlsly commenced on her ar,
are The extraordinary expenditures IN which We have
been involved. Justice to oWn people will max. II
proper that Mexico should to held responsible for these
expenditures.
Economy IN the public expenditures is Mt I'LL tines a
high duty which all public unetonari,s of tho govern
mcnt owe 10 the people. THIS dui, becomes the n
im cratvc IN period Of war; when argc aud cNtmonll-
nary expenditures become unavoidable During the ex
istthce oi the war with Mexico all should
he hshanded. and apr prailons made except such
as are absolutely necessary Tor It's vigorous Prosecution
and the due administration Of The government. Objects
oil appropriation. which IN peace may lc dccmcd useful
of proper, but which not Indispensable Ia the public
service, may. Ml,n the country Is enpng,d IN foreign
wa', he we'll postponed 10 future period. Ry the oh
scrvancc OF this policy at Your present. ,ssiou, large
amounts mnN he saved 10 the treasury and be applied
Objects of pressing aud urgent Necessity, AID thus The
creation OF responding amount Il public debt may to
avoided.
1t is not meant recommend that the ordinary and n,
cosary appropriations Tor the support Of government
should be- withheld, In, 1t is we'll known that every
sion o ungfess app ra'uns proposed ut numerous
Objects which may may not he made without mate
rally affecting the public Interests; and these
meudvd should not be granted.
The act passed At your lust session rcducing the dn
ties mls rs having gune operation until the
inst the present month"; there has been time aI lis
practical effect upon the revenue and the husu, OF the
county, 10 le developed. 1t Is mol doubted however
that the Just policy which 1t adopts viii add LARGELY
10 our iign trade. and promote the general prosperity
Although II cannot be cCrjalu, ttcsccn hat amount
revenue II Will Weld II estimated that il Will exceed
that produced b, the act of lSi2, which 1t superseded
The leading pnc les csnh shed l., il are levy Ill,
taxes with view 10 raise revenue. and To mptsa then
upon the articles imported according their actual val
The act of lsi2. by the excessive rates Of duty which
II imposed ON many articles either totally excluded then
ilom Importation greatly reduced the imported
and thus diminish d instead Of producing revenue y,
II the taxes Were imposed not for the legitimate r0s
. OF raising revenue, hut 10 afford advantages u fvofe,
S classes, at the expense of large maot, their fellow
d citizens, Those employed in agriculture mcchanl,a
pursuits, commerce. and navigation, were compelled Il
contribute from their suhstanc. swell the pros an,
Il oNcrgruwn wealth OF the comparatively few who Ind u,
II vested then capital IN manufactures. The taxes Wer
1T levied IN proportion To the value of the ARTICLES npo
/ WIN h hoy werr imposed but. widely departing from
this nIs rule the lighter aNes wcrp IN many eases
heavier taNes IN thos q" necessity and low price, con
stunned by the great mass OF t. people. II was system
a the lncvithle effect of which 10 relieve avore,
tlasss and the wealthy few from contributing their JUS
prop ron tr the support Of government, and 10 lay In
burden the lab o the many. engaged IN other rur
suits Than manufactures
ASyscm So unequal and UNJUST has been supereede'
e by the oNstng law, which imposes duties moi Tor tn
benefit INJURY of classes pursuits. but distributes
and as far practicable cualzss the public burden
iuNnr fs1nl
who, under the unequal and unjust system which ha
been repealed, have heretofore azed large profits.
.a"v Vi them amasscd large fortunes. the expense
the man, Nho have been made tributary 10 them, vii
. have no reason H. &c ulan they shall be required I
lear their pst proportion qf 10 taxes necessary for til
support of government. so lar I'm :" 1t VIII be pc
E celvcd by examination Of the existing law, tai dis
ordinations IN the rates Of duty imp SGD. within lh
revenue pnncplc, ave been retained in their favor
The incidental and against foreign competition whie
they still enrly gives them advantage which II
other pursuits pa,se but of this others viii
Iain because the duties l,ylod necessary for rey
enuc. These revenue duties. including tIcighls am
charges, which the importer must pay before he ca
come IN competition with the home manufacturer in
markets. amount, on nearly all leading branches q
manufacture 10 more than one third d the value Of t
imported article, and IN eases 10 almost one half it,
value. Nth such advantages is not doubted thai
domestic manufactures will continue prosper, realizing
IN well conducted establishments greater profits thai
can be- derived from any other ocular business Indeed
solar on urnp the protection oi eyenInCtenta
nue. duties, manufacturers in several leading hranche
extending their business giving evidence great inge
nuty and skill and o thcr ability 10 compete. with ncreas
ed prospect Of success for the open market Of the rid
Domestic manufactures 10 the value Of several millions
dollars which cannot find market nj home. annual,
exported Ia foreign countries With such Of dut,
as thS established by the existing law. the system vii
pruI ably c permanent; and capitalists who have made
shall hereafter make their stments in manufactures
will know upon What to rely. The country will BE- sat
sfed with these rates. because the advantages which tin
manufacturers still ENJOY result necessarily from the cocc
iion of revenue The support Of government. High pro
tertvc duties. rm Their unjust operation upon the
r Of the people fail 10 give extensive dssas
faction and COM at, and 10 constant ,ris to chang
: OF repeal them rendering all investments IN mapulac
/ lures uncertain and prcarous. Lower and more per
mancnt Of duly. at the time that they vii
yield TO the manufacturer fair and romuucratng praf's
: will secure hun against the danger Of frequent change
in the system which cannot fail fuinously affect his
o tcTcsiS
. Simultaneously with the relaxation Of the restrictive
policy by the nit,d States Great Britain. from VIII 81
example We derived the system. has relaxed hers Sh
has dicl her laws. and reduced many ether du
tics mcdcate rates Alter ages Of experience
the Statesmen of that country have been constrained by
o stern Necessity, and by public opinion having its dee
foundation the Suiicnls and wants of imp1verishc
r millions. t, abandon system, the fleet Of which was t
build up immense fortunes in the hands Of the few an,
It To reduce tie abpring millions In nporsm and misery
Nearly in the ratio that labor depressed. capi
tai increased and concentrated by the British pro,e
tive policy.