The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-07-28

produotion-thsre may be a excess Of products in
in the market We have therefore. reason expect
lsg ely increased revenues from largely increased I'M
portations The idea Is iaacious ans mpraeucsoie
home productions Mr. Webster here defined the opera
ton Of The bin in several items particularly on brandes
which under the new bill being dollar gallon duty
brsndes may now be had Cor dfty cents gallon They
will then to be an article Transportation from the
dollar gallon drawback ana Mr. Webster cited the best
mercantile authority to show that the loss from draw
backs would amount upon brandy, under this bill the
first year 10 lS3 900 000) three millions of dollars Our
exports would perhaps. be diminished at least some
100000 900 And your exports the purchase
OF your imports The effect OF this bill freighs
and navigating interest," must most disastrous; and
well may they be unanimous in their opposition 10 this
measure At whose requisiticn-- whose appeal-for
what inerestor what bu has demanded this bill
Does the mercantile interest the shipping interest the
importing interest the manufacturing interest. or any
other interest call for this measure they not all
op, osed TO it Is t~re petitionis there Que man
who has asked for the OF this bill On the other
hand thes rot An imperative unity in the Pnoc voice
against it, Ia not exclusively measure introduced in
obedsncs to party symbols Aags and ensgns. kept up
before people fhsrs any advocates Of this
Of the silence Of its friends within to
have fallen over them with its contsgion The sohsms
a thsory-it not called for by the people
nor BY the exgenciss Of their interests by the
exigsAcies Of the government Mr. Webster. after fur;
before Ss the sena. under tn. following heads
l. The effect of the I'D valorem principle. 80
The effect upon the manufacturing interests OF the
Its effect upon the navigating interest and the COM
mercs Of the country.
|
ments and the labor Of the people
Mr. Webster said he entered into this discussion with
side Nobody indicated the bill The Senator from
South Carolina, CLr McDutie) had said that the bill
vindca ITSELF 1t vindcaed at all Speaking Of
the friends OF the bill Mr. Webster said they reminded
him ofthe advice of Poonus to his They
Give their thoughts no tongue; !"
and he trusted they would remember the next line
Blu. h. said it did appear they were willing ito b.
checked for silence, but not taxed for speed" With
a%s Il. SS. TIL:
his examination OF the imprscucahty OF the ad vslo
rem principle Of the bill tie referred n the outset Of
that distinguished man in the country had advocated
the ad valorem systems and TO the subsequent
in the newspaper that Mr. Clay was the advocate of
very system, exhibited in his speeches in the
Senate in ls4a MIR. Webster said he supposed this
the He was not in the Senate in lSaa-had not
heard the speeches of MIR Caybut supposed that his
opinions truly represented. II So he tMr. W.
/ MIR CRirrrrDrr.-wn. the Senator permit me to OK
plain
/ Mr. wEB.rrR-Certsinly, SIR
MIR. Critics explain cd that Mr.. Clay had advo
Gated the ad valorem system under home valuation,
and upon no other basis.
MIR WEBSTER expressed his gratifc alton at the fact
and referred to the wide distinction between an advalo
sy upon home valuation. and the syste
as applied TO fraudulent foreign invoices; and next
quoted from the opinions Of Mr. Buchanan in which that
distinguished statesman takes unqualified ground in OPP
nued his examination Of the ad valorem principle, and
said, in the Of his remarks that a letter
IL, stating thai invoice of European goods made
in europe $4,000 after enering the goods at the
goods $1,000, with letter. stating that the first
was to pay the duties by and the second to sell by And
Benjamin Marshall OF New York, under date OF July ID,
gives the result Of his experience ad valoem
duties give the foreign importer advantage over the
valorem duties On every occasion of the revision of
her tariff constant effort had been made and pro.
srss. made to Lessen the i'd ysorem duties and
Penobscot to Richmond was in favor of the ad valorem
principle-no honest man who obtained his living by
commerce 1t had been nmended by the President
and the Secretary Of the Treasury They respecta
bic in public and private life but neither OF them had
been brought up to commerce. and had but little inter-
course with practical men. Here principle
mended on their own individual opinion-and that
not fair balance The ninth section OF tho bill contained
no check to under valuation there security,
quslihcaton or redemption II was different, however,
prevention and punishment of undervsua.on The
eighth section was, OF al contrivances which common
convenience o. fraudulent importers This section called
for no invoice whatever entry be made and
oath is required Therefore goods could be brought in
nine per cent cheaper than the market price, tins
was much as Benjamin Marshall made his millions Of
dollars Or. [Laughsr.l man might send from abroad
false invoice to-day to an importer IN New York the
merchantif required might the invoice
enter the goods and get the permit The
to which he had referred would be enter by
the other to sell by Laughter He adverted a speech
delivered by gentleman CT the House, in which il
stated that Of hundred and articles
the British tariff six hundred and eight specific,
protested,
the Of the whole American Importers he might say
foreign anu domes,c against The ad vaorem principle
he spoke in behalf Of every American importing mer-
chant, aud OF every foreign merchant French and Eng
sh who came reside mere, and import under our laws
he protested in their behalf behalf Of all classes
against the extension OF the al vaorem principle and
he admonshed gentlemen seriously consider whether
The objections winch he had urged respectable
and Tie opinions which he had quoted pscta
bic and whether change principle 10 the
al .aiorem with no other that to
whicn had ailuded Reference had been made IN the
| lDCOuslet0ncy
hoped that he know oil the Constitution
uy no than when he was twenty years OLD He was If
the opnion, with eminent person another place,
tSir Robert Peel that change vi opnon arIsiug
change vi circumstances, Is Oen Juslihabie-irom
lights aud better Information, longer experience aud
CLOSER reflection But lneIe vi incon.
sis;ency which was cuIpsbe. viz, between mons
speeches AMI votes, between their condolences
aud conduet No man should have opportunity to
cn-ige him with Inconsistency like that. In lo24. the
people vi rev England almost entirely abducted
commerce was tner policy oil economical industry
their capital was invested IN 1t Doubts prevailed
tculsr branches II industry there were dyunts IN the
minds OF the most enlightened In 1884, he himself with
the bill passed in that But what they
should they stand against what seemed
hshed by majority Of congress, not only constilu
uonal bur part OF the sealed policy OF
Should they pick clean teeth a constitutions doubt
ana not avail themselves VI the facilities which
granted aud which we're proned oy in other States
Iney driven to their industry and invest
tner capital IN manufactures against their wishes and
they tninK they have right all expec
iaons On their part Tor continuation and carry ing
out o tnis principle, first imposed them by egisa
should ue as Grady considered by those WIN
the sutnors OF tine policy Tie several
that the n'snuiactuie OF would by This
bill he Tar oI North Carolina would affected,
10 evory ton Of hemp, there weie three tar.
SUCK ~ tnst II you please !-(Laugnter) really
seemed to he the purpose to maze war ON labor A
voice; There's ooubt OF thst Ii the should
pass 1t from tho House, with the duty
seed in the opinion of manufacturers the OIL one
thru OF ali our trade and shipping between nted
States and calcutta would W cut of destroy ed.
knvsnd imports three aud half mlIons OF linseed Tree
nj AuaN 10 n nj
come INTO the country In the House iinseed placed
in schedule at twenty per cent and naxseea
per cent As 10 the other, might
said 10 be tw snty per cent. IRON
tiers 10 snow its injurious edects copper and
white lead Before tho tsrin Vi ie4l, there