The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1846-07-09

@Alf1heF Palaioes were noI very cheap
! he answered. . Clare DE Lad love Es
, Ehry'Es bai saEPengs hashrl." Hos
= 4. ihsn. ZOO are st.Faingl .gast r.,
eaase we havr no wosk. al eaa'l gel ll.s
ssxpsnee." Alsugh. Such asfs lLs
fruits 81 raeaSasiar agricultural pro- nel.
Tor manufactured ga0ls-fhk pr5dacis 8
naaaal lsbar loE lie pnaaaels Il maehins,
Ey-woTkiag the her against lhs loom.
Sarh h.l been and always would he III
resuil 81 This miserable system az policy
wll~neFer End wherever adopled.
Mex he senheman complaineIi Or las,
siion. What Iax did farmers and labor
ers nov psy the Uniled Slalesr No.
thing. Many Of them used nothing bul
domesiies. They bong NJ fareign goods
except Ten and coffee, and they were free.
thousands and hnnlFeAs II thousands Of
our Peolie d-n'i pay dollar year into
the National Treasury. end Ih0ns snds M,
\ cent. How woaad Il be U=der . sys.
ten AZ iir-rl iaxslioai The burdens ii
lihe Federal Government would fan on
farmers and lzbOreTs more heavily than
The besyies, State Iaxaiinn. Under 4 sys,
ten Of direct tax the proportion Of Penn.
sylSsnla would be three millions . wear
more Than double her present heavy
State taxation. But all these burdens pni
together are nothing compared Co The tax.
- imposed on Us By The Iinilisk. To
ioim and idea Of the extent. let every gen.
tleman ascertain The number Of stores eel.
ling British goods in his district. These
merchants are all tax-ga'herers for Eng.
land, taking millions and tens Of mil ions
OF specie from our farmers for British az.
ricullural produce; wool and every thing
else converted into goods and sent here
and siid TO our farmers, who have those
very msierials on their hands rOrlinr for
want OF market; and This i The rninous
system recommended 10 our farmers by
these 'free trade" advocates. The Ear.
niers understand il. and they will ier gen.
iIeman know it a. The polls. They will
lel gentleman know what they ihink Of
this /" buy every thing and sell nothing 20.
Icy" They know that the farmer who
sells more than he buys gets rich. and he
who buys muTe than lie sell. gets poor !
aud they know that the same theory is |
true with regard 10 nations they know
that, TO sell more and buy less. is The way
to wealth. and that The opposite course is
the road TO bankruptcy aud ruin.
The true American policy was Pho.
lection and INDEPENDENCE. Il was to
make America independent Of all the
word. That was sound American pnll-
cy; and he trusted no man would suffer
himself 10 be so carried away by mere
party politics as to advocate free trade
aud starvation. MINISTERS, " one and in
ssparable." Protection was" the policy
which would spread comfort and happi.
ness over the face Of a smiling Ian :. It's
effect would penetrate our forests. and
each 10 The remotes, hamlet in The West.
This would keep our money a, home, IN.
stead Of sending il across the ocean to-
'nrieh British Manufacturers al our ex-
1ense. aa it laH. RES H#Hi
What was the theory OF our learned
Secretary! We must reduce duties to
Increase our revenue. Now, Mr.. s. said,
md he defed contradiction. that as truly as
he THERMOMETER Indicated the increase or
iin1lnuiion OF heat in The atmospheric; Iusi
70 truly did the increase or dilninuion Of
he tariff mark The increase and The dimi.
lution Of revenue. lie appealed 10 the re.
ord, and defed his opponents 10 the test.
The Secretary recommended a redlc-
icfi OF duties To an average rae OF 20 per
..eni., and in support of this recommen-
latlon he had accompanied bis report with
table, at page 956. showing The revenue
lnder different tariffs for The last twenty ,
I've years, viz. four years Immediately
,elore The tariff Of 1924. four years under ,
ne tariff OF 1924, four years under the la
III OF 1928, len years under the compro- /
Mise bull, and three years under the tariff /
i 1872. And what was The result! !,
For The four years preceding the tariff
i 1924 the average gross revenue was /
'22.753,0O0. Under the tariff Of 1924.
ghieh lis opponents at The time predicted !
you'd ruin the revenue and compel re- /
OFT TO direct taxation, the average fur the /
our years Of its duration was S2S, 929,
go. Nextcame the ..bilI Of ahomina :
lons," the " black taft Of 1925" which /
was said would bankrupt lhe treasury &
eyond all question, and what was the ,
esuit! The average revenue during the T
'ur years Of its operation. increased to 1
3o,5il 900. Then came The compro- {
Use bill Of 1883. WHICH bfough, the ia ,
ID down by biennial reductions to a no. !
zontal duty Of ~ per cent; and what
,as lis effect upon the .revennel The =
'yenue declined pdrii pdsu With the Ia
d. yielding for Ten years an average of Il
Il 10000, aud the las, year Of its OPP c
-atlon Under the 20 per cent. duty only 4
| 6.686,000 gross revenue, netting Sl2. r
$4,000. while our expenditures were \
ore than double that AMOUNT. Then c
me the present tariff, which yielded g
ore fhan $50. 0O0,eO gross-s27. 500, &,
at 4