The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1846-07-09

nss esaal2 an3 Huull sFaEr. Tier Ssali
aasr.aaas Eou.a D.. las faF. iaiePen1snl
bah = Nr@ ERslaai 49, e 81 10
sosll Shr rau.i ~ issggsE hppe ~ con,
rar.e WHh TeKss and I.e m lands a
Glr Ssalawesi - lie prslsssi.sa C cot
60. Tier wrfn-oai Gsids nnnsl siak II .
eaasst wahsthe virgsa sol &c he ne1
Ss1iss- Ihsa - h<r aiiE-ss b. III q
mlpuaesaes. The gsRIsman from Ssash
Garstaa ssenrd 70 ohsers. with griel
sal cary. thsl AeE England wn en-
Eaying prC6is Of IRON fslv IL CIV pr
Ter cras. Wkzl II she did, III SIC gave
Ghsi 10 saufh csIallns Cor six csais prr
sard shi.h Carolina onee eaeld NJ, ces
tsoln abroad anler' thirty -six. lie qnes.
tinn foT Carulins n ls,ok a wss, rot uhai
rrnhis New England msis III nhat pri-
rrs she charged her. Thai gentleman
wanted ms Sisle % - 10 old England fnf
~ .he repaired. We wrrs II % depend
oh Europe fs,r our Manufactured Articles.
Faseiga roEuiTies we're 10 enjoy exelu-
sriy The p rohgabls Business yielding for
y and Gily per cent. while We were IN
% o . farmers, and Inin tie &c ,lemsa
n wrrking. - he said. Tor profit Of four
sad Eve Ter GEN.. and again giEe o.1 Esq
isnl twenty Eve cents . yard for what
New England now Offered them Tor SIX.
Was not this patriotic, Was ii rot . no.
BE. IN enlarged American poiieyf Eng
land vas n Re SLOWED IN mcnopnlize al
che profitable business, tie result or labor
saving machinery, while We Rere 10 con-
ieni ourselves wiih The plough and The
hoe, and profits II The rate of Eve per cent.
Was ihst the policy Cor Amerirs 10 ru..
SUE! They might be Americans who re-
eommsHlsd il, but they were certainly
Paying into the hands Of nur transatlan-
&c competitors. II Misunderstanding vas
'eh Profitable business as these gentle
mea represented il 10 be. why not LEI A.
In~nean. have il rather than foreigners
Way not keep our money and our pro.
fits 10 ourselves. instead Of giving both 10
the labor Of Great Britain! The profits
OF manufacturing were chiefly owing 10 |
the use and constant Improvement OF la
boE-ssSIng machinery. The saving Of Ia !
bar and The Increase of human power pro-
daced in THE manner was almost incalcu-
liable. By ils aid ons feeble worasn was
enabled 10 accomplish more in a day than !
would Psy for The product ms of forty |
able-bodled. hand-handed men without Il. |
DID gentlemen desire. and was il theiI
policy. 10 let England enjoy al this ben
EFT. and keep il 10 herself as a m0nopo-
ly! II Was this, and this alone. that KEEP,
The British Government from bankruptcy.
This prolific source Of wealth and power
esabled the BriIish people 10 stand up I'M
der debt OF four thousand millions of
dollars, and 10 pay taxes 10 the Govern.
ussni amounting o more than two hundred
and ifiy Millions every year. This was
the result Of her immense lzbor-savinR
machinery. Was il The policy of gentle T
nsn 10 let England hare Ibis profitable :
bnsinsss Of manufacturing all n hefselfg {
That seemad 10 be The policy OF lhe Sec .
reisiy Of the Treasury. Indeed, he had I
svousd il in his report 10 be his settled
policy 10 break down the manufacturers !
Of ouf own country. and derive his reve- i
Hus frsm British aud foreign goads.- q
His pellcy was TO increase revenue by in I
ersasIng imPoriaiions; and. as he would I
reduce the acreage Of duties loone half. $
NJ eou o, 10 ret the same amount Of re- /
vsnue, We NUT doIbls our imports.-l 4
This was manifest and pndenisble. Ourt c
present Imports amounted 10 one hundred
10 carry ouI The Secreiary's plan |
We must raise them 10 Two hundred mil. :
sons. Our exports Sere about one hmm !
3red Millions, and Of course one hundred a
millions in specie would be required an d
nuslly 10 payathe balance. The whole 4
'pecie af The country had nerer been es- h
MATED a. more than eighty millions 4,
How, then, was hIs policy TO work r
Nov Ras he 10 make up this deficit ! 4,
Not from the banks, for they would be !
,foSen up within the very first year OF
'ueh system; aud ihen what was Mr..
Secretary going to do for his revenue? :
Ihc duty on foreign iron, he tells us, is !,
low IS per cent. He was for reducing :,
TO 80 per cent.-less than one.halE-
W. must, Of course, import inore than I
loable the amounted foreign iron to getl q
he present amount Of revenue, and 10 / !;
hat extent break up American supply. !,
Vow. ii was impossible TO make our pec. :
lie double their consumption, and so the :,
esul' must necessarily be TO ge, them to r
axe foreign gods where they now took :
omeslic, thus reducing the demand, and !,
8 course DESTROYING the domestic supply :;
, ahst extent. was not an this plain ! !
)ould any man in his senses deny il!f,.
nd then, besides, where was the Secre- r
Iry going 10 get The money 10 pay for ail ri
lese foreign goods. There was the rub. 8
he gentleman from Virgiaia (Mr. Bay 81
] talkedsabont exporting potatoes 10 Ire s
nd. Exp6rt potatoes 10 ireland, lie IL.
ould tell that gentleman that last year n,
e imported 2ll,327 bushels. paying d Ca
lty Of Ten cents per bushel=l5.0l5 from m
Gland. while Ireland ,ook All hf oltr grain m