New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-10-26
Mr. webster's speech In FanesiI Hail..

the meeting ia an eloquent speech. AMI when Mr.
WEBSTER arose he was received with most IN
bounded enthusiasm. The following IS brei
digest OF his remarks
/ Once again. fellow citizens, mite unexpectedly
ind myself before You in Faneuil Hall. Recolec
tons ~ the past gather upon aud thousand voices
admonish 10 proceed and perform my whole duty
am hero % express my opinion OF the present state Of
the public affairs VI the country The elections Al hand,
for President and new Congress u vain 10 deny
must produce decided eject for good or evil upon
the prOsps Of business men There are. IN TACT but
two csndidatcs-Iaylo and Ca.s. A. % the support
Of another gentleman which OF cur friends still
favor regard 10 a device and much of thea
ca one. The election Of one or the other OF the two
candidates VII produce one the other 81 the Two re-
suits as regards the business a the country affected
by act. Of legislation ID Gen Taylor and Wing Con.
gress are elected the sub Treasury will be- repealed
and the TaTif amended something ike that of l-f-
II Cass and Democratic Congress, both VIII be- sus
| tanned As al present
saw. this mornsg Mr.. Buchauans speech, made at
Washington be j. OF the hrst men Of bis party. il
is manly speech in which he (Buchanan) pays tribute
the good military character pure motives and strong
understanding of Gen. Taylor lie says, Gen. Taylor
b. Wing and II elected, viii be surrounded by Wings
Z and carry out Wing principles. agree win MIN IN
that said Mr W aud also that Gen Taylor is Wing
from his deep conviction Of the justice and soundness
of Wing principles. u Gen. Csss and the Loco oco
Congress are elected they vii follow in lolks course
| doing what DEE LETT undOne. As practical men not
carried away By theOry-nOt men Of single Idea-wc
are brought % the point 70 give support heartily
Gen TAYLOR or 20 wit hold 10 altogether Ought these
measures be repudated for other measures Ought
the sub Treasury 70 be continued Is il useful % tho
people Government What is the present state OF
affairs Unusual scarcity Of money. great depression
IN industry stagnaton Of business reduced demand for
labor, AMI uncertainty OF is reward.
In my judgment tor whole year the rich have been
growing richer and the poor poorer and will continue
to do long the SubTreasury and pres ent Tar
1T exist look upon the sub-Treasury one of the
fantasies, OF the greatest receptions, and, at the
same time. least plausible measures ever produced.
No commercial country in the world does such thing
lock up is money This measure originated with
the OF the deposits and after the explosion Of
the pet Banks, recommendation OF Van Buren,.
The country tried II and il overthrow Van Buren, and,
by the way. Wh-s now called upon 10 take back
Van Buren,, SubTreasury. ! with grei
former friends-not many thank God-who, with US,
opposed the Sub-Treasury willing 10 embrace Van
Buren,, sub Treasury and ALL and lock him up in their
OVID grasp, As ne locked up the Government money.
see with regret tnat some who have been with US
here IN the presence of these images of great men
hanging around ia, and who denounced the policy OF
Van Buren, and uphold as we uphold, proper curren
cy, and ial Tariff say that these are bygones
not 10 be renewed such judgment IL unworthy the
men who utter IT, The substantial ssues are the same
tt SUbIrcasury and the present Tariff millstones
around necks and those VINO say they forgot
ten, mistake the sentiments of the people of Massa
cnusets Mr. Buchanan says that the issue IL between
the sub Treasury and the present Tariff and those who
would destroy these measures am glad to see that
the question put fairly between the sub Treasury and
some other mode between the Tariff OF 20 and some
thing like the Tariff o r. The Democratic candidate
is not claimed the best Tariff man. In Penn
sylvanis the Sub Treasury still the avorte OF Van
Buren,. learn of no rebuke of it By the Buffalo plat
form. This platform i not constructed oi very heavy
materials but il sustained the fOxlike form OF Van Blu
Have the sub Treasury and present Tariff an
swered their promise The truth Is when money Is
esssty the G6 Ire@ssry nqngng but harmless o1,
becomes means of torture aud destruction many.
Ia one month lately, 10 NewYork the Sub Treasury
rf.r and
and locked Il up This OccasOned great scarcity OF
money and only led Banks 10 contract but to be
always fearful Of the future. This Of the sub
Treasury screw how many Turns viii take 10 make
II perfect torture Government is 30 embarrassed
by the working of It's own machinery that Mr.. Walker
set free about one million OF specie and locked up
many Treasury Notes IN it, place The sub Treasury
keeps moncyed men in constant state OF apprehension
and there Is fuctuston in the mOney market from bad
TO worse, a degree unexamped. Buchanan says |
there is no country ike America to her prosperity no
end except in expansions and cOntractOns OF the
rcncy; even for that the Democracy finds proven
tive in the SubTreasury Does the Sub.Treasury pre-
tcct domestic manufactures Does II make the iron |
works flourish, and keep wooden mills running He |
says the subIreasury prevents fluctuations but they |
never had been greater
With respect to the Tariff of 1916 it mea.
sure in the history OF legislation. II was strictly and
entirely party measure and after the expiration Of
two years, who had been helped by IL Had South |
Carolina Her statesmen had predicted that under its
influence she would rise like constellation. Her Cot
Cotton which was worth ten cents IL now worth only
i've. Had Pennsy wanna been helped Her judgment
in l-4i had been obtained upon false evidence. The
people inclined 10 have trial this year, with
A Wing Congress and President. These laws will be
essentially modified. Cas- Is pied ged 10 sustain them.
and an Buren, unless he repudates himself must hold
on 20 the Tariff OF $40 He has already given his de-
cded approval OF that Tariff and the who drew
up the resolution in the Buffalo Convention, declaring
that Tariff should be maintained for Revenue and for
the payment Of the Public Debt was evidently afraid Of
treading on Van Buren's toes.
We stand where We have stood for years have
TO combat with those who have always been op-
posed TO US The shibboeth Of that party il the sub
Treasury which IS panacea for all the Ills of the
try, and keeps It from fluctuations The influence
OF the present Tariff and sub-Treasury were seen in
their effects upon wool and the wooden interest which
extended throughout New England and portions Of the
Middle states In mill in Lowell, known As the Mid
ieseX Mil. 200 hands had recently been discharged
The price of labor reduced Onethrd A gentleman
has recently put in my hands statement that forty
ooen Mills had stopped and discharged 1000 hands.
Other Mills had reduced their wages IL fact not
generally known that France pays bounty for the ex.
port Of wooden fabrics and by Of 10 her Manu-
factories save half the duties here.
Labor IS OF the great elements OF the prosperity
II our country-nOt mental servie, slave Labor but
manly. independent and intelligent Labor-tha which
'ccumulates property maintains workshops and helps
% sustain the great Fabric Of Government With this
re al my sympathies and my voice, till dumb.
hall be Tor IL There another important interest a.
he North which suffered from the presen; TarA-the
fisheries II 20 south Pennsylvania suffers in her
ron and Coal interests which the bread OF many
vas dependent and the noise OF her hammers recent
y, tells OF this. Buchanan says that II may be in her
Ower to turn the election. ! DIN IN the issue. Let
'ennsy lvana herself give her casting vote and thank
rod nobody holds that casting vote but herself II
ould be hard by her would tell her how people were
boxing 10 how she would throw that casting
Productive Labor 20 the amount Of 81 200 600 had Z
cen recently thrown out Of employ in rolling mills
that state and there seemed 10 be IN this policy
bloodhound scent 70 seek out and down Labor. II
sctve Tarf to insure Labor It's requisite reward. The
ouniry. We cannot stand for long time. this great
Importation Of foreign fabrics Under the Tariff OF q.
here were realized and per cent on imported goods
under that OF 49, while the mportatOns were great
2. the less The Sub-Treasury and IA. =
N. ike Castor and POluX always found 10 Join y
)geiher. The question now Is. whether the hands .
Ito which commit the destines Of the country. =
nall be tor peace think the candidate pro- p
osed by opponents ia man Of dangerous ten a.
ency, the Oregon boundary and War question suit
GENTLY indicated-while these men talk so much
bout resisting England they act exactly the part that
British Minister would desire. Confidence must be ID
aced In some ',
] have made up ny mind for the Wing nominee q
syl0r. / think with Buchanan he is Wing bound A
and wound up in Ms declaration and will surround ii
mself with Wig Cabinet An influence will doubt. C
- be eXcred the Society Of Friends to induce -
em - 20 for the Free soil candidate wish they p
,ud see that every vote they give tor Van Buren, vii
e.. ~ E,r l.. 4