Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1846-04-23

destroy eight millions of American ro,nrf,c,nro,o
make way for the foreign, and thus import IL mil
lions OF dollars worth of foreign mostly Enplishl
grain and other produce used in the nanufacture
of this iron for the fact is incontestble, that more
than throe-ourths Of the value Of iron is made up
OF the produce Of the soil And this is the policy
to favor American farmers, and American iaborers!
Throw the plough out Of the furrow, and turn labor
out to starve-to make way for British goods, and.
increased revenue
Mr.. s. said he had not time at present, but he
would avail himself of the first proper occasion, to
snow, as ne thought he could most clearly, that all
Cle theorles OF the Secretary and his followers in
iaVor OF thelr tree trade policy were not only false
ana nniounded but that exactly the reverse Of
tnoSe theorles was true. lie referred to the theo
RES that protection was for the benefit of manu-
facturers at the expense of the farmers and labor
ers OF the country" that protection increased the
PRICE OF manufactured goods, and reduced the price
OF labor and produce :" that it favored monopoly
ana wealth at the expense of the poor;" that re-
duclng duties would increase revenue" &c. He
could scarcely speak Of such gross absurdlties in
respectful terms. What? Favor invested capital
by building up competition, and increasing the sup
ply OF the articles they had to sell /? 1niure the
farmers by doubling the demand for their produce,
raw materials and bread-stuffs of every kind OPP
press and rob the consumer by giving him goods
at one fourth the former price? Reduce wages by
doubling the demand for labor labor of men,
women, and children? Yes, sir, increase the piice
OF goods by doubling the supply, and reduce the
price OF agricultural produce by doubling the de-
mand! Favor monopolies by building up compe-
tltlon the only thing to destroy it /! Such the
absurd theories of free trade. But gentlemen must
first reverse all the laws of trade-the great and
universal law that demand and supply regulate
prices "a law universal and invarable in its
operaton as the law that governs the solar system,
must not only be repealed, but reversed in its ope-
rotlons, before gentlemen could sustain any of these
absurdities.
| The clock admonished him that his time was out
he would avail himself Of the moment left to
warn gentlemen if they would allow him 10 proph-
ecy, he would say gentlemen pass this Treasury
Dill, approved, as he understood, by the cabinet
| bring back the scenes of ISI0-restore your twen-
ty per cent tarff-bankrupt your treasury -paral
we your national industry break down your far
mers, manufacturers, and mechanics. by importing
goods and exporting money-pass this bill, and in
eighteen months you will scarcely have a specie
paying bank, or a specie dollar LETT in the country.
Pass this BILL and you will not only bring back the
scenes, but repeat you will bring with them the
political revolutions of 1910. Again will be heard
throughout the land the cry of "change change!
my change must be for the better" Political revo-
lutions are the fruits of popular suffering and dis.
content; in prosperity the cry is "tet yell enough
alone"
"a voice Then as Wing you ought to go for
the new tariff.
Yes, said Mr. s. if was hINnno gentlemen
on this door--if loved my n horc than my
country, | would but as l love my country more
than my party, will not. If it were not for the
lash and drill Of party discipline, this British b'
would hnd few advocates on this floor. 1t was the
banlling of pary-the ilegtimate offspring of the
Baltimore Convention, that Pandora's box whence
originated most Of the troubles that now afllct the
country. But he again warned gentlemen-pass
this bill, and in the strong language of democrat
q
" low that the arm of resurrection could never
reach it"so low that here the hour having ex-
PRED, the chairman's hammer fell, and Mr.. S. re-
su;ned his seut)