Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1848-07-26

voted fdr il in obelence 20 the unanimous IT,
strutiCn Of a Dem ocrdiic Pennsy lvdnia Legs
irture. aud when every Democratic member
from Pennsylvania ~ this House but one
voted in favor Of this sane Unted States
Bank. now regarded with such "hOiy horror
by these very gentlemen.
Next, the Balti ore platform declares that
The present Administration had given "a no
bic impulse TO free trade by repeating The
tariflui 1912 and establishing that Of lolb.
This was announced as the growing meiit
aud glory Of Mr.. Folks Administration. II
was 100 late to enter upon that subject for his
time was almost expired; but h would mere
" observe, that their system bad been 50 sue
cessiul as TO produce balance OF perhaps
some forty millions against the country.
Specie was in consequence, going out OF The
country at the rate ui three millions month
from the port Of New York alone, and goods
were coming in by millions: aud he would
tell them, while their imports are vastly in
creased under the tariff OF 1916, that their ex-
ports Were falling, greatly falling off. The
exports OF breadstufls will not be one tenth
part OF what they were last year, Mr. Walk
ers predictions to the contrary notwlthstan-
ding and judging from what he saw in the
last Union, they would become less than that.
| The "union" OF yesterday states the exports
| TO Great Britain of flour last year at 2,269,
| J Ia barrels, this year lj9, l9l; wheat last
| year 2,l57.41S bushels. this year 2l3, lag. and
SO Oh; and yet gentlemen talked OF evidence
| OF the worth oil their system. Where was IT.
and what was 4? A crisis is approaching; 1t
will soon be upon us. The result OF such
system would be such as they had in 1880; it
| will crush the Banks the people. and the
counfly-producing the scenes and suiferlngs
OF 1910, which can neither be iorgotton nor
averted. The famine and the revolutions in
Europe have postponed this crisis the expen-
SEES OF the war had also helped: but the crisis
is coming, and must come. While exports
are falling off they boast oil increased imports
and increasing revenue under low duiies--
thus boasting OF that which must bring inc
vltable ruin. You have taken off one-third of
the duties by the tariff of 1916; oil course, to
get the same amount Of revenue, you must
increase your imports one third, say fifty mil
lions, and send fifty millions OF dollars ont
oil the country to day for them; and what is
worse, you must destroy fifty millions OF our
! present home supply OF manufactures TO make
room for the additional fifty millions brought
from abroad; hence, il is manifest that for
fifty millions oil money sent abroad to enrich
toreignersat the expense of Americans, we
get nothlng-not even one cent OF addi tional
revenue. Who, then, is benefited? For
eigners-tbey gain fifty millions OF our money,
and Americans lose it, But, il we are getting
more revenue, as is alleged, So much the
worse; this can only be BY increasing our i'm
ports OF money. TO increase the revenue
under reduced duties. he insisted, was but TO
hasten the crisis, and aggravate the ruin and
disaster that must follow.
The Ralfipoara Ccnvan,;n, ,avt hnae}.J IF
this glorious war with Mexico. They were
welcome to all its gories, with all its respon-
sibilities. The policy of Wings was peace,
and not war. The policy of the Wings, too,
was economy, and not extravaganza; and if
Gen. Taylor, that faithful and true patriot
should come into power-whch no man
could doubt--ii, he repeated, Gen Taylor
should come into power-a man into whose
lace we are told by Generals Smith and
| Twiggs, no man could look and make dis
honorable propostion-he would bring back
The expenditures to what they were in the
early days OF the Republic, when Washing
ton, Jefferson. aud Madison presided over lis
deshnies. Taylor, this second Washington,
would bring back this Government 10 the pu-
/ rer principle and better policy OF the first.
Thank God that period is approaching; it is at
| hand; already lis approach is heTeid by
! Here the Chairman's hammer announced
the expiration OF Mr.. IS hour; and he took
his seat.