The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1846-12-24

eapoftrA W s0tNakn
Nish saeh rsles 81 daly = those essab-
shed ~ he existing law. ths system Nall
psobsbly Be permanent; snd eaPlinlssss
I no have male. OF shall hereafter MAKE.
Ihe;r Investments in msnufselures. NIL
know upOn what 20 Tely. The country
u,ll Be satisfied with these rates. heeanse
he advantages which lie manufacturers
sun enjoy result necessarily Iom The col
lection of revenue for The support OF 90.
High protective du'lFs, from
their unjust operation upon The masses 81
the people, cannot fail 70 gre rise 10 e.
sensiye dissatisfaction and complaint. and
% constant efforts 10 change o. rrPesl
diem, rendering al Investments IN manu-
features uncertain aud precsrious. Low
or and more permanent Esies Of duty. p
the same time that they vii. yield 10 The
manufacturer fair and remunersiing no
fits. will secure him against the danger Of
frequent changes in The system, which
cannot fail 10 TuiaOusly affect his inter
esls. ....-..
simultaneously with The relaxation Of
the Teslrieli, c policy by The United States.
Great BriIsin. from whose example we
derived the syslem. has relaxed hers. She
has modified her corn LAWS, and reduced
many other duties 10 moderate revenue
rates. Afler ages Of experience. the states
men Of that country have been eOnsirsin.
ed BY a stern necessity, and by q public
opinion having lis deep foundation in The
sallerings and wants OF impoverished
millions. TO abandon system the effect
Of which vas 10 build Up immense foT-
tunes in the hands OF the few, and 10 re-
duce the laboring millions TO pauPeTism
aud misery. Nearly in the rame ratio
that labor was depressed, capital was in
creased and concentrated by The British
protective policy.
The evils Of the system in Great Brit
ain were at length rendered intolerable,
and il has been abandoned, but not with.
out severe struggle on the part Of the
protected and favored classes 10 retain the
unjust advantages which they have so
long enjoyed. II was To be expected that
a similar struggle would be made by the
same classes in the United States, when.
ever an attempt was made TO modify Of
abolish the same unjust system here
The protective policy had been in opera
lion in The United States for a much shor,
er period, and IFS pernicious effects were
not, therefore, so clearly perceived and
felt. Enough, however, was known oi
these effects 10 induce It's repeal.
II would be strange If. in the face Of the
example OF Great Britain, our principal
foreign customer, and Of the evils Of a sys.
tenn rendered manifest in that country by
long and painful experience, and in the
face OF the immense advantages which,
under a more liberal commercial policy,
- - ..s.~'.aJ a~.:-s-ss. aud mist conii.
nue. TO derive, by supplying her starving
population with food, the United States
should restore policy which she has
been compelled 10 abandon, and thus di.
minish her ability 10 purchase from us the
food and other articles which she so much
needs, and we so much desire 10 sell.
BY the Simultaneous abandonment oil
the protective policy by Great Britain
and the United States, new and impor.
tant markets have already been opened
for our agricultural and other products
commerce and navigation have received
a new impulse labor and trade have been
released from the artificial lrammels which
have SO long fetiered them: and TO grea,
extent, reciprocity, in the exchange of
commodities, has been introduced at the
same time by both countries, and greatly
for the benefit of both. Grea, Britain has
been forced, by the pressure Of circum.
stances at home, 10 abandon a policy
which has been upheld for ages, and to
open her markets for our immense sur
plus of bread-stuiis; and il is confidently
believed that other Powers of Europe will
ultimately sec the wisdom, if they be not
compelled by the paupcrism and suffer.
ings of their crowded population TO pur-
sue similar policy.
Our farmers are more deeply interested
in maintaining the just and liberal policy
81 the existing law than any other class of
our citizens. They constitute large ma
Jority of appropriation; and it is well
known that when they prosper, all other
pursuits prosper also. They have here
toiore not only received none of the boun-
ties or favors of government, but, by the
unequal operations of the protective poll,
cy, have been made, by the burdens of
taxation which j, imposed, TO contribute
to the bounties which have enriched 9TH
ere. ........ .r4.... .......
When foreign as well as home mar
ket is opened 10 them, they must receive,
as they are now receiving, increased pri-
ces for their products. They will find a
reader sale, and at better prices, for their.
wheat, flour, rice, Indian corn, beef, pork,
lard, butter, cheese, and other articles,
which they produce. The home market
alone is inadequate 10 enable them to dis.
pose OF the immense surplus of food and
other articles which they are capable of,
producing, even al the most reduced pri.