The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-07-25
WARRINGTON, July 90, 1876.

To the Editor Of The Union:
The great solicitude | feel for the fate Of the
tariff bill now before the Senate leads me 10 the io-
lowing remarks. o..,.,
We all see and know the great efforts which are
made, and excitement produced to defeat the DIE
and we know that no effort will be wanting to ac-
complsh that object by panic, dsattectlon, ana
every other resort; therefore 1t behooves the true
friends of the country, of our free institutions, ana OF
our government, to stand firm in this hour OF great
trial. Let none Waver, let none fear the result OF
an act which they believe to be just and right, and
called for by an overwhelming majority of a free
people. Let none feafthe power of our opponents
n affect bv panic the business of the country. They
cannot do it. They may storm and rage, but they
are harmless so soon as the act is passed Just so
thew were during the Congress OF 1888 ana 1853.
The country was then runed all interests prostrated
and business almost at a stand still, money at two
10 two and half per cent. per month interest, ana
exchange on London at 81 49, per &; but so soon
40 General Jackson vetoed the bank bill, all
rat once became prosperous, anu me panh was
ready to extend her loans; as Mr. bldole saiu the
country WAS never so prosperous exchanges IN our
favor with ali the world" And such 10 now the
fact They cannot make panic WORK, .hey Try
IL Exchanges are now in our favor with England,
and France and Germany. Soon the specie WIN oe
flowing in to us from all quarters. The new tarii
Of England will cause demahh lot our nout, oI ,
wheat our corn, our beef our pork, and thousands
of other articles and will keep exchange IN our favor
for some time to come. The farmers Will bc bene-
6ted and the merchant and mechanic viii be hene-
6ted and the manufacturer will be benefited. How
Because the election Of Mr.. Polk declared that they
should no longer be a privileged class; that they
must stand side by side with the farmer, the mer-
chant, and the mechanics and that they must prepare
for the change and they did prepare and are prepa-
red and have not and will not invest any more cap
ital in that business than the wants OF the country
require, or will yield fair profit to the owner and,
bv this preparation, they have made, the last year,
greater profits than eyer before and so they will do
Far the next and so on Bullet the tariff of lS42re-
main permanent, and all the capital OF the country
will be involved in manufacturing; the supply VIII
90 beyond the demand the ability to pay 'or and
consume must decrease, and the manufacturers
| farmers mechanics, and traders VIII be pros
trated and ruined. But the manufacturer says,
"why has it not been since the tariff OF lo42''
Because in 1912, all interests Of the country were
| PROSTATE from the revulson of 1897 WIN the
energies Of such a people resuscItation must and
would take place. You might as soon expect to
dam up the waters Of the mighty mississippi and
say they should not overflow, for like our people
and country, they would overflow, and IN mighty
| torrent sweep down all before them. But the
tariff Of lS42 was not expected to continue, and
the election of 1914 settled it, and saved the manu-
facturers and the country and they are safe now
and will be prosperous. So soon as this bill passes