The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1846-05-22

llannelS, 10 CTS SQUARE HaiNt els W
Pic iron 10 dolls. per ton, 50 per ton.
Rolled iron. 80 dolls per ton, SIS per ton.
Other bar iron,le dolls per Ton. ~ per Ton
Salt, 20 cts per bushei' CT pr bush
Drown Sugar, p cts. per pound p cts per ID.
Cotton baggiuc3l cts. square yard. IA Sc So I'D
Cotton minimum
white goods. 80 cts. 50. yd. 20 Sc 50 do
Cotton minimum
dyed and prIn'
ted, IS cts square yard 30a Sc So yd
Ii will be seen that there was general
reduction on the highest rates of duty.
That is to say, the tariff OF 1912 is less
protective than that of 1882. The only
exceptions are in the articles Of sugar and
cotton bagging, which canno, certainly be
laid at The door of the Northern manufac.
turers. |, S true, the general rate of ad
yalorem duties was raised from 25 TO 80
per oeut., bu, this was done wholly for the
purpose OF increasing The revenue.
Ii becomes, then, matter Of somo IN
leres,, to inquire under wha, circumstan.
ces the tariff Of 1892 was passed. The
national deb, had been paid OF, and great
reduction Of the revenue was necessary.
The jackson party had decided majorI'Ies
in both Houses Of Congress IN the House
Of Representatives consisting OF upwards OF
thirty. The tariff OF 1892 was prepared
with great care, on the principle OF raising
the necessary revenue, SO disposed as 10
afford protection TO our own industry IN all
its branches. Many Of the protectonls,s,
however, we're not satisfied with the duty
on woolen manufactures, high as II was,
as not corresponding with the high duty
on wool. The bill passed the House Of
Representatives by vote of | 81 TO 90. II
is somewha. curious TO find among the
yeas the names OF James *. Polk and Gave
johnson. vi the nays, more than hall
consisted OF those Who voted against the
bill as not high enough on woollens, leav.
ing not more than thirty who voted agalns:
the bill on principle, consisting of Mr.. Nc
Duife, and his COW erts 10 the iorty.bale
theory. In the Senate, the same bill, for.
tilted IN the article OF wOolens, by an ad.
diton Of seven per cent, passed by a vote
Of 81 TO l6-Mr. Dallas being among those
voting in the affirmative. Such was the
position Of the Democracy OF The country,
On the principle of discrimination IN favor
of protection in lS32 None Of It's dcfor-
mites were then discovered. But South
Carolina did mol like this bill. She adop.
ted The theory that il imposed tax of 40
per cent. on her exports. She threatened
ratification and rebellion. Gen. Jackson,
at the next session Of the same Congress-
proposed a reduction Of the tariff, N order
to appease this frowaId State. He admit.
1 ted that i, would seem violation Of pub.
! lie faith, suddenly 10 abandon the large IN
teresis which had grown up under the i'm
Piled pledge Of our legislation, and added
that nothing could Justify i, but the pub
lie safety, which is the supreme law"
The pretext for reduction was, that tht
tariff would produce too much revenue
that Congress had not carried on, the re
duction proposed by the Secretary Of tn
Treasury, in a bill winch he had at III
previous session furnished to the House c
Representatives, al their request. Their
was no foundation for this pretext, as va
afterwards admitted by the Secretary him
self, in documeu, which he was called o
10 furnish, doc. 81, ID session, 22d Con
gress,l showing that The tariff Of 1892 &C
tuaIly made greater reductions than thos
proposed in his own bill.
But under this preeSt, what was Gale
NcrpIunck's bill vas brought forward, an
the Jackson party were most Of them drlI
led up 10 the mark Of unduing their OF
work Of the preceding session. But witt
, out success for, after a violent effort, Vel
pauck's bill was abandoned. 1t was in tn
state Of things, that Mr. Clay's ComptC
: mise bill was taken up by the defeated pal
ty and carried through the House, agaln
the votes Of the warmest friends Of the PRE-
,ectiye system. Mr.. Clay acted under til
mistaken idea, put forward by the admir-
lstration, that the Tariff Of | -32 would pro
duce more revenue than was required f.
the administration Of the Government. E1
: peIlence, aud eur prescn, debt, have Pre-
;, we'd the contrary.
. But with what face Gun the party, ma,
the very men by whose agency the tar
Of 1882 was passed, now come forward d.
nouneing the tariff Of ls42--the same
iprIuciplo, but milder aud more modera
, 10 all respects than thu, Of 1892 as Il
abomina,lon Of acknowledgements o ne
: connection Of concentrated Nh'ggery
Such IS the spirit Of party. The Bultimol
: Convention considered the vote Of s. Ca
! DINA necessary to secure the election
u Mr.. Polk, and the word went forth, dou
u nth the tariff. The affiliated presses
:, the party take up the note, and down vii
= the accursed, the Wing tariff Of 1912,
: responded from the same throats whIc
: cried ny, in favor Of a similar turlfi SO
;, Thus are the great interests OF the countI
- y made the sport and football Of selfish po
= tIcians, in their eager pursuit Of Office.
) is this action Of il which makes 50 many
: the statesmen Of Europe, and some
: mongst ourselves, pronounce our system
. failure. We do not agree with them. VII
: so much Of good we must expect some cvi
- We believe 10 a recuperatlve power, whlC
:, will eventually sci things right. We mu
" expec, wrong measures, but they will woI
= their own cure. |, is possible to sound II