The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1846-03-06
lNJ MEIER 22.


10 arri'e: 10 point gu, TO our readers the
mos, striking features in tho plan for the
fiscal regeneration OF tie country. which
SIr Robert Peel, ~ four hours speech,
introduced To the House OF Commons on The
9Th instant. 10 that speech DO took en-
elaborate review Of tho fiscal condition Of
the country, and announced the reduction
OF duty on number Of articles hlch press
upon The commercial and agricultural 10
leTet.s. lie impressed upon The manufac.
, iurers The necessity Of preparing for the ad.
vent oil Tree trade, by giving Up whatever
limited amount Ct protection they now en-.
r Joy rom foreign competition in lie shape
: oil pfohILitory duies and the duties so i'm.
posed he announced BIZ intention cf redu.
! chg to nominGl amount. But this 40.
peal 10 The manufacturers is useless; they
have long since publicly ;cpuIiaicd the ben
e;lIs Of all protecting duties; have declared
that they seek for no aid beyond free scope
Tor The exercise of their talents in The open
markets Of Tie world aud have often said
70 sabsenee 70 the asr,cu'turisi, do thou
likewise" Tue timber d4tie5 arr 10 10.
dergo revision, but into be details Of tho
change he did not enter, lcsefyiug i for
another day.
For the redoction1 On ;al,ow, IA PAPER
hangnss, on soap ant candles, on boots
and shoes, Oh foreign spirits, on clover and
other seeds, on prov sious, rc.h and sal.
ted en- vegetables, % foreign made CARR.
ages, we mus. refer to our ample report Of
the speech Itself in another column. We
can do lilie more than Indicate IL this place,
cUrrente caiamo, the primary heads Of tie
scheme. Sugar, that great article Of colo.
MA produce, which, next to Tie corn iaws,
has been most ylrulently e.snlled on &c.
count oil he tenaclty With which HE hin.
isier has chung in screening il from compe.
titioD, Is sill 10 be more or less protected,
Slaye.grown sugar he still regarded as an
aoomlnaton but the duty ON foreign free.
labor sugsr 10 10 he reduced 3s Cd. per
cent. The corn laws lie proposes 10 aboI.
'sh totally and Internationally, On the FIRST
Of February, $40, and in The ,nean time a
modified sliding scale is to be substituted
for the enc at present il existence. Fur
instance, when the price Of corn is under
3s.. the duty will be los.; when above
3s'. md under 10s., the du'y will be 9s.
aud go on, the duty declining Is. with
rise n The price Of Is. until the price reach.
es 53s when permanent dU'y Of 4s. isio
take place. 10 order 10 ptopitlute the land
lord { ass, sums Of money are 10 be adyan.
ced by Government for The improvement Of
agriculture. The law Of settlement is 10
be altered, SO that afi5r servl'ude or res.
lJence OF five years 10 a mEnUfac utEg dis.
trlci, the peasant who has ef, the plough
for the factory must receive parochial aid,
II he require it, from the piece of his adop.
ton, not the place of his nativity the same
with regard TO his children and his widow.
Moreover the highway rates are to be re.
modelled on plan which e TO saws a tug
at the agricultural purse and various other
charges, hitherto paid cut of county rates.
such as The expenses Of convicted prisoners,
Of prosecutions al sessions, the education of
the uoTkhouse children, &C., are to be paid
in future BY The Safe.
In word, the new scheme is as near an
approximation to the principles Of free
trade as can be safely consistent with the
policy Of a country which has lis credit to
support and The interest Of an overwhelm.
ing national debt to pay. Sir Robert Peel
has acknowledged the principle that duties
ought 10 be levied for revenue and not for
and his future policy, il is clear,
will be directed 10 that end. But it would
be too much to assume that he Gun carry
aut The new course of eclion on " hiCh lie
has COW entered without slIus-!c aud a
desperate elfuggle, too, with the powerful
interests which believe themselves TO be
The protectionists are boiling
with fury, AID the language recently held
in the House Of Lords By the Dukes os
Richuoud and Buckingham indicate the
fierce passions which sway the breasts Of
British landlords towards the most clear.
headed practical Statesman of his age. A
gricul!ufe, they say, cannot exist without
but Peel says it mas! exs. with.
cut i, al The end Of three years.
Thus arruyed, the hostile forces face
each other with scowling front, and in the
centre stands Peel, looking gravely on, pre-.
serving PLACID dignity in the midst Of the
from either party. In the House
Of Commons he is omnipolent, and, how
ever furiously the wer may rage out of
doors, il is believed that he will be enabled
10 carry his tdTllt by majority OF eignty
certainly by more than fifty. When mat.
ers come TO crisis, and the free,traders
N the popular branch of the Legislature
have 10 decide between sacrificing Peel aud
ms plans, they will become, ii is believed,
ess cro;che;y and more practical.
Looking a, the question, then, in every
,oiui OF view, tahlns into account tho PIE,
ent position Ct parties, the adsenl of new
lection, the Hnsh Of triumph which man.
les the cheeks of the foe.traders, the
loom and anger which reign in The fdees
Il the viewing the state OF
he registry, the condition of tho food mar,
;et. our relations with the United States,
he absence Of all excitement except on the
great question of tree.trade--we arrive a,
he conclusion, no, only that Sir Robert
Peel viii pass his new tariff triumphently,