Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1846-12-16
MIR wEBsTER's SPEECH.
(CONCLUDrD

ciPle oi political economy Ia all experience,
ant 10 common seuse. Willis, cal itsl iscon.
suffered necessary to set labor IN melton. il
~ an ad'a'tted principle that there is a uni-
torn t~endency IN capital vInl loved in differ
oni pursuits, to uu equalization OF profits
through q ire competition. Whilst other
propositions are disputed. this is never con
tested. sconiimv'iby all oar experience.
Even branch 81 manufacture, which has h,en
successful, has been subjected To occasional
chetks an1 embarrassment through oyer-ac-
ton. The prosperity which has followed the
establishment oi the tariff ut lSi2, has led to
new construction aud new Expenditures la
all branches OF industry. beyond any iorn,cr
precedent. In fact, we are told by lie friend,
oi the Administration. as /. in double mock
cry OF tneir own reasoning snl our apprehcn
sions, that the 1idHtJdefurtr has moro 10
fear from home CO competition and oueT-Dro.
ducttcH than from any foreign compdtifioa
rd.
III u, m Tact, obvious to the most simple
understanding. that lliu investment of capital
M works which eau only be made productive
by The employment OF nsuy hands, 1, putting
capital in the power OF labor, rather than i'm 4
position 20 control H..
Resolved, That the assertion, 20 Oft repeat.
cd, that the tau6l Of lSi6 has operated a. an
'b'HtaA WA hINu Ailt idlNfIlllK flu ~SfS. I'M The
manufacturer consumed nv them, is Who'll
y destitute of truth. Our application of
manufacturing industry las always been made
IN the first instance TO those productions re.
curing little labor in proportion To the raw
nateual-ln these the success has been great
est. and IL Is notorious that in the mannfsc.
tufe oi cotton. wool, leather. hats, Sc. the
common articles used by the laborinc classes
are produced at prices " hich may deity all for
RIun RnfnNafIftna E..n IL -
imnm, the object OF 81 much undrserved oblo-
guy Is well known tn be oil but nominal in
respect TO the lower branches OF lhc manuiac- |
'ure, aud that It's only actual effect Was To le-
Wy a high duty on It's higher branches, on
what may well be termed Injuries.
Resolved, That while the loss OF cal it'll by
The change of system Is sudden and deter.
inmate, The ELECT upon labor will b. a con.
unuous, wasting disease, with no remedy but
the rctracing our steps.
Reoslyed, That the high reward oflabor in
all It's branches, is the peculiar advantage of
our countIy-ls intimately connected with
the general diffusion OF education aud intelli-
gence, aud Is the best security for the per
nance Oi our Tree institutions. The pntec-
1--WE system acts as the proper guardian OF this
boon.
Resolved, That while we welcome and an. {
prove The repeal oi the British Corns Laws !
as a concession and benefit To- the depressed \
''oof oil England, by increasing its means of
SnS'enanc the Government Is acting a very !
part towards our own labor. in 7
opening ITS produces To a free competition
WIN the underpdId labOTs OF Europe. I
resolved, That the principles OF tree trade y
adNo'altd 10y the modern economists OF En-. !
fn,i''' i founded on a states OF society essen d
u''ll dilIervnt irom our own, Ii Contem. u
plates labor in excess, content with A bare n
and with no hope of improving q
It's condition. Ii regards only the profits OF a
'dpi'al' WIN Us labor IL active inaccumu- 3
.dhon Tor itseli, going hand in hand with o
"a PItal anu requiring especially the shield OF i
rrnCc- II
Therefore, Pesolved That it is the luiy Of &c
ne wing party. aud OF oil friends of their
'ouhitl' 10 urge upon Congress the duty Of q
SNlslis snd modifying the existing Tariff 81 u
S'"'s ~ thal II may FURNISH revenue sufficient -
or the wants oi tle Government. and re- .estah l
ishihg the principle oJ specific duties in all I
'i~ c'toie cases, and OF discrimination in the c
.dtcs ct duty With view to fost ter aud prot.c; p
ne industry OF ihe country ia all its branches. i
Resolved, That whilst Massachusetts /,
leeply interested IN the protection finer can.
tat snd her labor devoted 20 msnulactuung o
ana the mechanic srts, il is a great mistake.
pTopogated Tor party purposes, and received }
d easy ce tuIt that : o 'ction ~ a To- .
,aI OF party p,iCy. We esteem IL a ooIicy
tqna''! is'orsbe o every pau of the country z
ind TO all the States of he Union. Now !
VIII siy at once for IN sslf, for protection :
.l'hcc's) sImrlci psrmancnt-loundcd On lust d
lhh'lpics' aud the next thing I have tosay ~ !
J. al in nv judgement the principles of the
az 81 ~ are INC true principles loud and
continued C%hccuug) specific duties. and no, {
NM NItnIFm Ha-aa-nsnF nI-. Z
discrimination and in that lust Disseminated :
great cifs not TO tax the raw material 40 higb
a. !" be a bounty 60 the foreign manufacturer
"'A opposed To our own. Discrimination and
slt'ih' dulles, Und such duties as are foil and
hnd adequate to the purposes OF protection.
These are the principles OF the Act of ~ a
-("feat cheering aud loud spplause.) And
"hv"e'ef there - presented 10 me any prom
from any quarter. which contains adc-
P''ue'tion' founded on these indispcns-
aplc principles, az contained IN the scts oi ~
J shall iake st Uhunders of applsuse.l Nv
object - TO obtain the bcst way I can. sud
when ! eau, tail aud adequate and thorounh
protection To the domestic industry OF the
county upon just principles. Loud cheer.
ing)
Aud ~ TIE next place I have 10 say that
! viii take no part IN any tinkerina OF the
present le", while It's vicious principles re-
main. And ia the next place. / desire TO say
that me great responsibility OF the sdminis.
lfaiion, a. ief ~ ] concerned. they shall not
gfl nd OF by any .tinkenng with any muicu.
,'i political Interests. lGrcat cheungI Al.
low 'He TO say, iraakiy, ye Iron men and We
Cpal men OF PcnusylSanii.I know YOU are IN.
capable oi compromising Ia such a case .but III
you WeIe md say inducements were h.id out
D. y"n' To- make your iron a little softer. aud
your coal burn a little clearer. while YOU left
zoe hand loom weaver, (tbe loud shouts az bo.
no. and The ,"ciicrOus cheering which here
pnfsl forth. drowned the rcmdlndef of the scn-
truce
H'"iIemen, on the tariff I have spoken 20
pi'rn' aud 80 much, that ! am sure no ~gentle.l
a''n'n wishes me e. utter the wonl seain-i
'ht'' si' some things, however. worth while