Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1847-10-07

anticipation merely, OF the modification of the laws
by England. The table shows the amount of exports in
the city of New York alone, from January LIST to June
30h 1886 compared with the exports for the Pc
Rod of time in lS45:
From Jan. ], TO June 30, 1876 1885.
Corn, bushels 529,6g7 1896 e times as great
Corn meal, in bbs 54.I37 1857 (4a times great
Lard kegs T6,T37 Al $50 (neary dOube)
Wheat 322 cS5 600 600 It's much)
Flour Wheat 4l4,O75 lO36l4 (4rimes as much)
Rye -four 6,499 2,TO7 G. us muoh)
Butter 1907 1861 n 1 lis much)
This table, at the time, excited great deal of in
terest 10 the Senate. 1t is matter of much more ill.,
terest now, from its showing great expectations
comparatively as then, but from its entire in>gnif-
canoe with what has since taken place. Tie whole
six months included did not equal the exports of Ell
Their of the single months of June or July of this year.
Mr. Lewis added
"Such is the ascertaned result of the actual reduc
ton, but only of the anticipation Of the reduction of the
English laws. WHAT let The ask must be the effect
of their total repeal by the passage of Sir Robert Pees
law which am told has reached 10 ali authentic form;
IN paper now before me3 have read these extracts
from a wing paPer-fiom a tariff paper-the New York
Tribune
1t will be perceived by this extract that Mr.. Lewis
claimed that our impOriatinns would increase in con-
sequence of tie exports Of corn, and that this would
increase the revenue The quotation deserves to be
remembered. because the proiectionists say that
state of things has arisen all anticipated Ii is
least he predicted, what has actually to pass
1t is not true, therefore. to say that tariff has had
effect in producing the present prosperity. 1t
just what lis friends claimed at the time. Mr.. Lewis
went on to say:
"Now I ask if, under the tariff Of IS42-bad as il is
and is than anything that the people should ever
submit to-f under that law, In anticipation Of the
action Of the British Parliament the laws the
porIaon of American produce vastly augmented
what not TO be expected from the operation Of law
which necessarily tend in itself mpora-
tons aIer HAT anticipated action had taken place p
What is not TO be expected when reduction has taken
place both ends of the line' There must Of necessity
be greatly increased elasticity in all commercial opera
tons, and imports and exports go augmenIing
with vastly increased activity. II is difficult say what
increase OF imports may flow from the reduction OF du-
ties
Was not this claiming exactly what has occurred
And were not these anticipations founded upon the
expectation of the very things that have occurred
Mr.. Lewis had previOu.l IN said
al look with great confidence the relaxation of
ties by Cheat Britain American products impor-
tanl element M increasing the amount OF our mpOralOns
What will be the Increase lanIy predict
but that it will be large, hardly be doubted Sup
pose u should increase our expectations To the extent
the present and coming year of twenty millions of dol
lars II VIII give US corresponding increase Of impoTta-
tons from that cause alone
Yet the friends If free trade are constantly told,
that instead of the broken banks predicted by Mr.
millions by Mr. Evans and the manufactures all pros
trated by MIR. Webster that all the evils predicted
would lave occurred had II not been for unexpected
events which we could not foresee. The above ex:
tracts prove, on tie contrary, that the leading and
tive free trade men in the United States predicted
what has pass
On some accounts il is be regretted that Mr. Evans
is not ~ the Senate Of the United States. Both his
term and that of Mr.. Lewis expired on The 4th of
March last His successor is appointed, but as the
Alabama Legislature have democratic majority, il
is expected that Mr.. Lewis will be reelected. 1t
would have been a spectacle worth seeing to witness
the reading of the speeches of the two great oppo-
nents. Mr.. Lewis and Mr.. Evans, on finance. When
Mr.. Walker sends in his annual report there will no
doubt be some wry faces the clerk reads the state
ments Of revenue, and the memories of the Senate
are refreshed; but meeting of the Senators Of
Maine and from Alabama after the great flourish of
trumpets made by Mr.. Webster over bis friend would
certainly be edlJing to those who study physlogno-
NV.
Of the peculiar predictions the items of the bill
of 1916, uttered by Mr.. Evans and Mr. Webster,
tending they DO to exhibit their sagacity as fnan-
clers IT may be WELL for the information of the coun-
try hei eafer. 10 compare notes. in order 10 show the
alue of tine endorsement before mentioned, and the
sovency, politically and financially, of the drawers
and cndorsers.