Sunbury American and Shamokin journal. [volume] (Sunbury, Northumberland Co., Pa.) 1840-1848, 1846-01-10

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that the / ,aks be required to make month |
ly returns of their condition, to the Audi.
tor General and that these be 90 arranged, rs !
10 present more complete end exact view Of
their ussctions, thon is furnished under the
ex sting law. This will facilitate the future
inquiries of the Legislature and the periodical
publication Of the returns will secure to such
ofthe banks as arc legitihaiely administered,
the regard If their iaithIulncss; IN the increased
confidence Of the public need scarcely add,
that the claims Of the banks to general conf
drnce should be thoroughly investigated, and
iuily ascrriained, before their charters are tx.
| temcd.
! These recommendations have special reiar-
.orcc I" npli icatn'ns from existing mnks. 10
aiy iudg guent the capital nov invested In these
, institutions IL amply adequate 10 the biainess
wants 1T the community. The times dn no.
! lid cate the present necessity m any additional
stimulus To the eprlt of cnierprize, md cannot
allow ysell 10 hazard, by any act oi mlne,
p,ssble renewal oI the cxcesses which we
have Witnessed ~ recently.
Prnnsylv lvana con.bmes in an eminent degree
( the three prea. elements, ot individual aud ma
i,dnal wealth, agriculture, co,nmetcr, aud man
ninc,nrts; aud the pursuits aud Industry of hrr
people, are puftaby divided sniong them.
Her hills aud tnoun,ains are almost ev.rywhcr.
filled F. ilh inrxhaus,ihle supplies ot iro, oie,
and mineral coal and her valleys abnr will,
water pave for propcllng machinery in The
midst ni the finest agricultural regions. She
mas constructed, at great cost, line U!improve.
merits by canals aad railways, connecting the
waters Of The Atlantic with those Of the great
1 West; which not only affords our own ci,lz 'ns
n cheap and covenrn, modc of Transporting
their products to market, but also benefits th"
internal itade and commerce OF large portion
of thr nthcr Sfntps of The tln;On
The Npt,l and West Branch Canals. and the
Delaware Division, in connection with various
inpruvem owned by companies, besides
"prning markets To the productions oi The far.
uer, furnish outlets kr our coal aud other min
.rals. hy which not only our own citizens are
supplied. hut alec tbose Of The neie burlng and
Eastern States. TO the great advantage of both.
Many parts of the State are also k,und most
iavorably !ap'ed To the growing of wool, anu.h.
or great siap'c of nat onal it'd. pentlrnc. and the
successful Application al mineral coal to the
smelling Of iron, has given new impetus, =.
mong us, 10 this most important OF all the
branches of manufactures
II is not surprising, therefore, that our people
feel deep anxiety in regard TO the adoption or
che charge Of any policy the part of the f.de.
raj government, which may be supposed TO affect
: such great interests. The regulation Of tariff
on imports, so as TO favor the development Of ouI
various parts of the Union, has long been a vexed
and exciting question Its influences for good or
evil have doub: been greatly exaggerated ir
, different sections Of the country. The true poll
cy Of the nation would serm TO lie between Tho
extremes Of those, who claim high duties for III,
mere purpose Of protecting particular interests
aud those who would not discriminate at all il
laying revenue duties. for the purpose OF fayorins
i the productions and industry of onr own country
Any course Of policy which would have The
effect TO check the intelligence and honest enter
u prize OF our citizens and TO ietard the develop
: ment Of our national resources. can never recriv.
the sanction or acqniescence of the people of th
4 confede,acy. 1t is readily conceded, that nt
p more moneys ought to be collected from imports
. than are necessary TO meet the constitutional re
+ qurements Of the government. economical,
administered. Bit. on the other hand. it is main
iained with entire confidence, that in laying du
ties for this purpose such determinations 10
:. proteciion as well as revenue ought To be made
as will favor our own productions and industry
particularly in reference TO articles which are o
' primary national importance, and indispensable
;, in time Of waS.
u This policy was expressly avowed in the frs
y revenue law for levying duties upon imports pas
sed after the adoption Of the federal constitution
IL and has been recognized and adhered to hy IN
A federal government. and sanctioned by the peo
r pie of the States, from that day to the present
I. unless. indeed the compromise act Of 1888 b
=. considered an exception: and il will be adhere
4, 10 SO long as have due regard TO our ndiv
n dual and national prosperity and indepen ence.
,s A tariff Of discriminating duties based on III
principles indicated and SO adjusted as tn secur
: pcrmanence in its provisions,--sustained in IL
" protective effects by the operations Of consttr
= iional treasury, in regulating the issues Of on
hanks. and checking excessive importations
- merchandise. will. il is believed give more ST;
biiity to the general interests and business Of III
e. country. than any other system Of policy With
l. the centrol of the federal government.
:, The Governor here adverts TO the Report
At the Canal Commissioners, and our pnbl,c work
oi which yearly increasing in value. II appeal
h that s6,23i tons Of Iron in various forms, pa
'f scd over the canals and rail roads. About 900
. 600 of tons Of anthracite coal have been mine
in and carried to market Not less than l3,uo0, OF
in bushels Of btuminous coal was consumed
I'd pitsburg, and 5000, 900 taken from thence dow
u the Ohio
:. :. advert, with sre., satisfaction, to the gro,
ing confidence Of the people in the success al
'e management OF our State improvements, whi,
has been secured by the vigilance and econou
~ Of the Canal Commissioners.
's The importance Of these works, as a contrib
"' tion to the national defence, and their value
sr the citizens Of other States. as well ow
oi cannot be too highly appreciated. They no
er yielding considerable portion of the revenue
on meet the claims upon the Treasury. The sec
d. r,y OF the public creditors and the faith and
nor Of the State, are NEST intimately eonLect
,J with their success aud prodnctiveness. Th
~. therefore, demand the special care anil visilan
"' of the Legislature, by which the income they a
TO now yielding, may be secured and advanced wi
W. ''' the increasing business Of the country.