The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1848-02-03
Extracts FROM THE SPEECH
OF TIE
Hon. Alex. Stewart, Of Pa.


! | rose for the purpose Of examining I
recent Report Of the Secretary of th,
!, Treasury which has been lacded here ant
elsewhere as 1.-The greatest production o
The age;" documeu, which has beer
printed in the German, and in don't know
how many other languages, and has beer
proiusely circulated among the people
aud II is working in every direction ,ha
effect for which i! VAS intended by mislead
ing and deceiving the people on the sub
ject of the iariifoi ls46. will here say, IL
my Place. that never did an official paper
emaDaie from any civilized Government 10
the world which contained so many false.
hoods, Il cannot use any mllder term,
falsehoods 80 numerous and so gross
Falsehoods, not in hundreds or III lbaus.
ands miss,ated, but ialsehoods in millions
and hundreds Of millions Of dollars. That
Its statements are false am prepared TO
prove from the Secretary's own reports
viii show from his own figures that he
has lien into mistakes, or misstaie menis
Of The truth, in one case Of GO 900 900 ;
w iHOtt listGHNr va thhbtDVb ~ dU'
other Of i0l 900, Gao, ani in another Of
$4,000, 900. do moi say, viii no, pos.
lively charge, that these misstatemenls
were made with design with tina, question
1t belongs no, 10 me to NEEDLE; but | say
that his own figures prove the fac, 10 be
so. viii give the Secretary own figures,
exposing their gross, their palpabe mis-
statements, book and page, and pray gen.
iicmen 10 take them aud show them to
Nr. Walker, and lei him deoy OF explain
them away If he can This wonderful ef.
fort Of financial ability, this greatest pro.
ductlon Of the age, IS so teplete with
monsirous errors that IL Is no, wonderful
iha, The honorable Secretary should have
tainted ,as lie is said to have doue) under
the amazing task Of producing them aud
endcavor.ng to pa, them forth as truth.
Sir, il is an easy thing 10 prove The truth
10 BE true but the task If working error
into truth is TOO great for even The sublime
genus, tie herculean ability of Mr. Wax.
or himsel( dnd | say 1t IS no sondct he
tainted under The attempt.
Sir, the honorable Secretary has in his
report three great objects in view. The
first is TO prove that low duties always
produce increased revenue the second Is
to prove that The rsduc ion OF duties has
produced not Only nn increase Of imports
bat Of exports, and especially Of the es.
ports of bresdslufi, hnd provisions and
the third is TO show that, by reducing the
duties and increasing imports. he has ben.
Gifted the farming, mechanical, aud man.
ufacturing interests Of the country. Yes,
to show that importing foreign goods by
millions on millions, and sending money
out Of tho country TO pay !or them, Is the
way TO help the interests of American
labor Yet SO says the Secretary.
The frs, position tbs report attempts 10
establish is that his project Of reducing du.
ICES has produced an inctedse Of eight nii.
lions Of dollars IN The revenue. Snfar is
This from being true, or any thing like the
truth, that will show that instead Of
bringing into tic Treasury eight millions
more, II has actually brought s. ,202 ,Gj7
less Than would have been received during
the las, year, had tho tariff Of 1872 re.
maineh IN operation bunder Of The
small amount Of fifteen Ia..l.ou. Of dollars
N a single year
II geo,emen will look at the frs, pages
Of the three las, annual reports of the Sc.
cretary they will fGd that, by his own
showing the tariff Of lsl2 produced, IN
lsi5, So ,52s, ll2; ul-i6, S26,7l2 co.;
and IN 81, under Mr.. Walkers tariff Of
lsiG, he received only S23,1 Il ,S6l, al.
most 3 100000 less than was received in
lsi6, and nearly 1000, 600 less than s+l.
Now, sir, by looking 4, the late report Of
the Scctc tary, It appears tina, last year We
imported abou, $40, 500, oGa more jutiablc
good. thon in / -ij, winch, a, 81 per CT,
the average duties under the tariff Of SIP,
would yield G3,il6,i29, which, with the
excess received in lS45 over lsi7, So.
us, 2Sl, makes S7,202 ,657 more roven.
ue which would have been received IL the
tariff Of lsi2 had no, been iepeaed. This
is ma,hema,icaly true and yet, in the
face Of those facts, the President aud Sec
rotary says The revenue has been increased
more than eish, millions of dollars.
In his report Of last session he gives his
own estimate for the proceeds OF the pre-.
sent or last year lsi7) al S27 ,s35,73i
yet i, has actually produced but s23, ll7,.
sol, more than 100000 less than Ms
own official estimate Yet both he and
the model President say that the tariff has
more than realized the most sanguine hopes
Of iwfIiends coufessI do not compre.
bend statements like these. Perhaps The
Secretary may esplainihcm
Now as to the modus operandi, the le.
gerdeman, the sleisht of. hand by which
ialsehoods are made to appear true, the
plan by whicIihe attempts to make i, ou'
that he has received moro revenue under
the tariff of lsi6 than was received under
that Of 1912. How is this dong? |, /:
done by cutting up the years; taking 1
few months OF one year and four OF five
months Of another five months under tho
, tariff of ls42 and seven under the tariff o
. 1876. Every body knows the tariff o
ls46 was passed in July, and did not z,
min oncration ill Dacemhe dn,ipg III,