Democratic banner., 1846-10-12

ia1u=ncsI " souni reasoning, r3t"eT tai
by cannihZiy coAhiyeG sopiilstEieS' We c
not uG Isrrate the itn1or.incs ii Stable L.:
gislstiln; nor do We d4sire Tat ali s.roakl
eagerly embrace new prOpos tons. 1t Is
sce;jary in governmental operations, by
which nations are 10 be effected, that tie
laws u Human progress should be carefully
sbse rved-that the old maxim, "has!cn
ea.!iously," should be adhered to; for i'm
prudent haste may retard the course Of
trait. even more than direct hostility 10 it.
We have referred to history for prouft!,a.
he protective theory is unjust, and as a
nsSe,zary consequence, ruinaus TO the b-s,
iatsrsst OF the natiUn that adopts it. The
E5,iar;:g brief extract from an article IN
S2a':i1i history, written by one of C s.:ua-
dss: "ssayis:s Of the present da:,' SHOWS
The ::,;s effects Of tho protective system OIL
R~ai}aai prosperity:
"1ae OBJECT of the Spanish tariff Is no.
:sa2l.e biIt protestioa; aul j: stands fnr:!r
es -, nost,rGi5le instance n commercial
k!s =. ri !aa: system nfuneqnalle3isiati"n
win - -: sake off55t.T:ng ona-tAn.,
Z! - ,mmlaitv, L.stroys tie rcnAinicr,
en- =. ,..triy itself. It was f r
-. ;;u:crs alone that the system was
is,.s2l. Rise they should, anqthough for
E:r: # tiem the couatry' way ti5a!JJ I'M
~ :,&:'c-tAeagi, in n%acr 70 slppcrt mast
" :..~.n, ilh1tcrs w.rc - r. drawn for.
"bi '::sfar NOR: caascn:ai and lurr"tirc-
tee ~.lstoh he forced n"".aris BIZ every
81 - 4 !!ot-hed :;rJw,a wp!c', tie in
Xe. ::'r o:tlic mas:.r elr!@aer coalh ~icviSr.
and wi.il' II: poTtcn!iiz ola high tariff vas
Let ioirn II r-svcnt fyrc;9n competition
Eser5,.id winch GoTerncrtcrulG af"rd, was
t,o"--alto manufacturing interests. Tn"
S.si;s ~ bean t,ld: :! lie sist ofromn~rcr
II -.c:;,:,:i!y, ami 50 i1T! IS f,rsigacnun-
:r.Ssw.r. aiiu~>l toAx 9i,angs t:,r:smauu-
f~.c:ara5 fsr ,Sfsnisl vino AID W III, the
people IN 5o:a Sides vera suDpi'l, not
onl:: vita enough Of tL.eir own pro iucts.
ha: ea,rg'I OF t'!r;r ~neiIi1ors'; and the
wtI2.e vast machinery w:rIed with ease
SI:sc.rcelv Ia; H.. nsrective 'sAtcn goae!
MO 81. IDA, before rin>-gr3@.ng and :'Ic,
ga Interests iwiu lei, al4thc yn1nrfacj
sL:es sftr'ci NJ to ex;rfior:Iil4r" s7lendo-
e: awhile thsy s~c:iiaai t,..ic IIxnr snre.i
but b:fare :he time Of what otherwise
~oa..l save been their maturity, they rrlk
Cd away under the hot sua " ;hat eans Ia
1.E which lad frStf3rccd them :ntn i;f'; and
Eo~ t',es are c~a?at!c Of iittie else than of
;;:Fedar;.,.r TIE coarsnSt articles at a c,st so
eEcEa'ou s 4:,at p~st.f9ns hat the greatest du-,
tea czn carry them 10 marIrt. 5 !,
"Ii.e;r tate eaa ne easily exa'ain~I.-s,
fN:ls" :.:e first tariff was l,i'i. a Change Of
look place. Tt ~ia:.o7cr WIS :r:itcil
e. ie1ycs:e pioa!'l. the viz" an! No mine. !
anil = LIST h;rnsclt in thc caro.ch r.,,l;s',
of ID, n 41ufart2rps: Foreign cooGs were
tre5!sthc:r Old rost, ~ i: became
:, manufacture som.;!,ing oft':ei,
:s7arintioA II !:o-ae. F.ncisn nations
were s.i.l an want Of Spanish wool and;
.at:: vine, but a. they could no l,nger !
se:.d manufactures IN return. they wore OK
1, buy ar the precious ~ra":s's Ard !;
. '"eEa. It:-e W. snnI a 'r."t mi
3Yx - 1liii IN into. - S~o.1:.I nor1e. Groa'-',
60" a-ric:lt1rai 'nt".e.:st'-i sIT. I'D
ta:f:-e:: : :.ems..t Gar their ~sta';rs vas still
r-:-:;"rah'e; AMI as n%o:'.in: like a fair eS-
eha.se was permitted, whenever Il pine Of
OF. sale Of wasi isF Spain. it was pad 9
b. tha solid specie at which It was ~v'!-t,
Nd. TIE maausAc,- Hers became raridivis
rich !r,l tho oonSttat -'rrnnt IF gid Ia :,
tas;r c :rrs; and ashley hecai"r richer TIE. -
rice .: i2hor :osc AID re cost oFr:oanc-
-as :hc!:rme article iurr~ascd IN ?rnpnr-
I'm. AZ Srst:. lid n"r cert. vast
a., c<3inde 'nas' f,r":c, manufac-,,
'sr"E {. a t:.e market: hu: as thcng'I~ the :,
;.4::ngpl4; - tao 'aan f-c.1r;g interests, I,
Az ,"rol&a tue security anI Indifference u
~,;H!! Ito manufacturers WERE t,rownr G
.omest;>n"nlfac:u"' . he~ connco,rs"r 1n1 /,
;clr:r o., :arlH Sch he avier than :hs las' was +,
isman3rd and passed.. G-n"r,tion after O..
;sGs-l!.5a fresh dutie : were aek,d As so'n h
- H- manufacturers were in diner nj be- ;;
y: :.:.lersoI,t, they obtained ~an"t''rr 'aver q
): 3a.ies, and a;':n uc sTme oil "r,crs7 {
We Oh; loaas:ic 9~11!:-">,tn y~rl'e, ln'nr :,
sen. up sill! Big .er, aud hr.:c.,st':e tariff !,
sad aIre aIy besorar:ir . Mac Willie aro;h-, .
.r sti'! ii f!,er rs Lcpanlrh. "a
"4'o SAGA a progression. ~''nrev"r, :aerr
aust aiwavs hc AZ end; and the protective u
Interest," c1nri t..t, a":rr Cnirg up stairs "
lscpt e. s:cr, f:r .t:ee, thty i,al conc /" a.
were they ccu!l GIN" h:1:tcr--"nd' :,
when the !sssl of rroterurn had been. :
49, - :