The New era. [volume] ([Portsmouth, Va.]) 1845-1847, 1846-10-01
From the Baltimore Republican.
HENRY CLAY IN A QUANDARY ON
III TARIFF.

AHE IAKIFF.
Henry Clay. the complete Letter Writer"
has been writing a letter to some cute yankee man
ufac,urers, who take this mode of ad vertlsing their
productions in which he SAYS:
confess that l seriously apprehend gfeat in
jury To general business in the country, and ulti-
mately TO the revenue Of The Government. If
'here shall be a large addition to the amount of
foreign importations. the Treasury must ex erience
a large deficit. If there should be an addition
sufficient To compensate the reduction Of duties,
the increase mnst be paid for by an equivalent in
crease III the value Of our exports. ar the balance
must he adjusted In specie. | have not the rpmot-
est expectation that we shall be able to effect pay
ment by additional expectation of the products of
the country. We. in The west. do not believe
that the relaxation in the British system of re-
siric'ion is gning 10 create any considerable demand
tor The surplus OF our agricultural produce. We
shall. ] tear, be constrained TO resort 10 the other
alternative, in the event of an excess of importa.
Tons, and pay for them in the precious metals.
need not dwell on the commercial disorder, the
embarrassment 10 every department of business,
the widespread ruin which would he occasioned
by a constant expectation ~ofspecie in large amounts.
We have had experience enough Of these fatal
consequences, whenever protection ofour own in
dustry has heen inadequate.''
The n. Y. Evening Post quotes from this letter
OF 1.-The embodiment" and gives some truthful
comments, which places MIR. Clay in a qnandary
proves him at least to be no prophet. however
much of a wbig he may be, from having written
and spoken on all sides Of all public questions.
The Post thus uses up Mr.. CIay's prophecies:
we do not know whether our humble sheet
ever falls under Mr.. Clay's eye, and it ia of little
consequence whether il does OF not, since if he
VIII only look To The record Of The market, in any
OF the newspapers, he will find his predictions Of
the effect of opening The British ports to The pro-
auctions of the United States coniradicted in the
most direct manner. With every successive
week he will perceive that the prices Of Ameri.
can produce rise with every successive week the
amount which goes forward to the markets of
Britain and other countries increases. He, and
his friends in the West for whom he professes to
speak, will perceive that no politician ever made
a moTe depiorable %blnnder, never uttered a doc
'rlnr more absurd in itself, or more fatty disproyrd
by facts, than when they maintained That the re-
;noval Of restrictions imposed in Europe on the adj
mission of agricultural products from America
would moi essentially increase The demand for them.
There isnot a laburer on our " harves who does not
know that Henry Clay is in the wrong here. No
Is there a farmer in The country bot knows and is
glad to Know that the opening Of the British purlS
has 9%uIckened the demand for his produce and en-.
HANGED lis price.
The very transactions of the last week refute
Mr.. Clay's position. In the week ending the
ION vi oeptember. the following among other ar
'N'op NNO z - III stu W OTBdI lIlIH ITDTn NEW
York.
Wheat, bushels 9 1868
Indian Corn, bushels IL ,160
Corn Meal, barrels 1000
Beet, ties 6I0
Pork, barrels $50
Lard lbs. 1885
Cheese, lbs. 1902
WooI, bales 66
Besides these commodities, we perceive that in
me last three days Of last week, fifteen thousand
0drretS o. tour were purchased Tor expectation to
Ioreign Countries, and about an equal quantity Of
rye 1our. There is scarcely any Product Of our
n'lds and pastures which has not found a reader
ana more profitable market on account of the new
ana friendly relations Of ommerc which have
been established between our country and the
countries Of Europe. Instead Of that " injury to
The general business Of the country" which Mr..
Clay predicts, the new spsiem is already produc.
ing immense benefit. When our own more liberal
tariff goes into effect, the advantage Of this ex.
change vt brnefits between nations we NAV expect,
will be still more apparent"
WHAT's IN a NAB 1--WE see by the papers
thai Daniel Webster was married in Louisville
ON The DIST ult. Ischariah Taylor was put in
the Baltimore watch house one day last week fr
whipping his wife 81. Inns Re0eiHe.
Tainted Meat can be entirely freed of lis disa-
gTeeaole state, if when boiling, a piece Of charred,
or burnt stick De kept in the pot. A piece Of char
coal is as good.