The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1848-01-29
Speech of Mr.. Stewart.
lCOntinued.l

! (C0ntinued.)
And now for his positions on the subject
Of exports. The Secretary atlirms that the
balance mt trade is always in our favor I'M
der low tariff; that our exports exceed
our imports, and that the exports of bread
stults and provisions are especially increa-
sed. Now ] say, tina, deductns the i'm
ports during the ten years OF high tariffs:
selected by the Secretary for comparison,
from the imports during the Ten years of
low tariffs, and it would appear that the
balance against the country under the low
tariff was S40l ,976 ,o76- equal 10 $40, 1877,
6O7 year; and deducing during each Pc
Rod the goods leexported, the balance a.
gaiust the country would be increased to
the sum of 1923, 1914. Aud how had it
been paid! By two hundred millions OF
State bonds, sent to Europe TO pay for goods
a mer camille debt of nearly an equal a.
mount, resulting at the end NJ the low duty
period, in 1910, al, and 'l2, in repu!lia-
ton end bankruptcy, State, national, and
individual, throughout the land. Yet We
are told by the President and Secretary that
low duties produce prosperity, national and
individual, and especially the prosperity of
the farmers aud laborers of the 'toiling mil
| lions"
But this is not all Take the exports
from the imports during these ten years OF
low duties and il will be found that the
debt agains, the people ofthe United States
What sum of national prosperity is here
exhibited!
Such is the evidence in favor Of Mr.
Walkers position that low tariffs always
tara the balance of trade in our favor Such
are the happy effects of his policy OF free
trade, Low tariffs always have been and
always will be the ruin Of the country. Let
any man look at the scenes of general dis
tress which always have followed this in
sane policy; the ruin Of hourshing establish
mcnts, the multiplication of bankruptcies,
the advertisements Of sheriff. sales, the
prostration Of enterprise, the s,agualol Of
trade and general condition Of discomfort
and misery which have invariably succeed
ed the adoption Of these false aid riNiona-
~ theories, and he will find one Of Tie best
crilerons to Judge of their political sounds
ness. Aud such, say, will always be the
consequences or repetition of The expert
ment Mr. Walker says that they never
have followed say they always have.
Their whole theory IS mistake and pTac-
tice will ever so prove it to be and when
il is put forth in the very face of facts which
every intelligent man knows, it is difficult
10 resist the conclusion that ii is done TO
deceive; that there is all object 10 be attain
ed by misleading the public mind.
| Again the Secretary asserts that low du'
ties have always been accompanied by
greatly increased export OF breadstuffs
And he attributes the sudden augmentation
in those exports during the last session not
TO the famine in Ireland and over the south
of Europe, not at all, but solely 10 his mod>
ell tariff of 1885, That is what has done it
all. Low duties, not starvation, have indus
ced the people of the Old World suddenly
10 eat Indian meal and call out for Amer'
can -four and American beef. But wish
10 ask him-and put the same question
to southern gentleman in this House-if this
reduction of duties is the thing which has
produced so large an export OF breadstui,s:
pray why had it not in this same degree
increased the exports Of cotton and tobac.
COT The export of cotton under this model
| tariff of our model President has been less
by four millions of dollars than the average
exports of Ten years past, from 1885 TO 1919
What did this. What produced this fail
inc off under this beautiful free trade poll
CIV? Was that, too, the fruit of the tariff OF
1862 Why has there been no increased eX>
port OF cotton? Southern gentleman-cot-
ton growers how is this! And you, ye
tobacco growers how comes it that, under
Mr.. Walkers patent mrchine 10 increase
exports, the export of tobacco has fallen oil
million aud half! What say You to thai!
Was this the happy effect of the tariff OF
1852 The Secretary tells us that the starva-
ton in Europe has had little or nothing to
do with the consumption there of our bread
siuils; nothing whatever Well, the starva-
ton has ceased, breadstufs are down, and
now the redoublable MIR. Secretary Walker
is like to We caught in his own trap. L tell
YOU that in few weeks more, the corn
laws in England, sliding scale and all, will
be in full operation. They were merely
suspended, not repealed, daring the famine.
and now when the famine is over. and MIR.