New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-10-23


The following is the substance OF Gen. TALL
NADoEs Closing Address before the American Institute
At Castle Garden on Friday evening
We come, said Gen. T 10 celebrate the NAlst
Anniversary Of the American Institute It has been
our usage on these discuss the great ques
tions Of public policy in the Protection Of Labor and
the announcement OF the Domestic Industry OF the
country But on the present occasion cannot shut
our eyes 10 the important fact that much excitement
exits IN the public mind, In regard to the pend
ing Elections of the chief officers under the Gen.
era and most of the several State Governments Hence
We lcel it expedient ioIbear, and withhold the dis
cusson Of domestic measures this occasion It will
therefore be our object 10 submit few remarks con
corning the American Institute its purposes aud ne
progress aud in alton 10 Country-its prospect
Is and it, condition
The American Institute incorporated-by the
Legislature of the state of New York-with the de
csred OBJECT to encourage and protect Agrc ulture
Commerce Manufactures and the Arts, and 10 cherish
the Labor and promote the Domestic Industry Of the
country.
This country was settled Colonies-snd with the
prohibition 20 pursue commerce or 70 manufacture
for its own necessary supplies Our fathers came out
Of the Revolution with the achievement of our hide
pendence On the establishment OF our Government
we counted only about 100000, we now have over
eOOOOOOO Of inhabitants. The wilderness has bios
.omed-our fields produce their abundance, for the
comfort and luxury of the nhabitons-with surplus
Tor which 1t is essential to the prosperity of the coun
try that a market should be provided II lie great,
priuciple that those whose labor furnishes our sup
plies must In return be the and subsis on
the productions of the country. The prosperity OF
our land can never rest sure basis, until market
~. ..f 4 IflIFl and Tpa "a
uiactures IL should be y Home msfket-aboui = Of
every 100 OF population depend for their pursuit
and their support Agriculture. They bear our public
hurdeus-pay our Taxes Fight battles--they de
serve encouragement But strange Is the Truth that
over three-tourths from - TO 20 per cent OF the
whole revenue is expended IN War snd for its pre-.
variations All the boon Agriculture has been enabled
10 obtain has been the publication few years past
| OF Report from the Patent Ofhce-emoracing few
matters OF Agriculture.
our Commerce is prosperous beyond comparison.
livery and in the civilized world Is whitened
with its sails The official tables OF the Tonnage OF the
| country show its unequaled augmentation But truth
requires state that the great lie IN OF It's sugmenta
tiOn Is In the Domestic commerce, upon our IAhAls
Rivers Lakes and internal seas The rreptcssiole gen
us Of our people there be withheld in their en-
terprise snd business pursuits The AXE craft small
vessels canal boats and steamboats, all enter into the
computation OF tonnage, and greatly swell the amount
This division OF Commerce, follows Internal Improve
mtuts snd keeps up with the ADJ anoe OF the country
and the increase OF the population The Foreign Ton
maze II not stationary lays behind aud does not keep
up with the general prospeTiy OF the country hat great
nursery OF American seaInen the Whale Fishery with
other branches Of trade Is falling of and giving place
70 the enterprises Of other nations IN" shipping IN
crest OF the country needs encouragement and prOec
/ ton Agriculture and Manufactures are ready to do
their part and furnish their productions for export The
counteTv sling regulation OF other nations our car
rying trade Impede our commerce and shut Us out
from their msrNets-whle our ports ART len open for
their productions We must have ali equal ~drse-
4 fair reciprocity IN trade.
The American Institute is the advocate of Free
Trads"-not on side only-but on both sides, and
an equivalent 70 be given for that which Is received
The huxza for Free Trade on one side only Is the
huxzs OF besotted ignorance OF OF corrupted inieAi
ecnce. Demand and establish HCcHoctiy IN Trade ana
my word for IT, you viii have neryed the Arm OF Indus
,ry and secured the Asrcaturc, Commerce and Manu-
/ Aciures OF America You viii never again know Of
the steady balance Of Trade and the hNed rate OF kX
change 81 average premium Of per cent against
the United states To Illustrate, let me ask YOU 10 LOOK
back few years when the Potsto Rot 0ccssloned
loss to this country OF about 81 0o0eo and in the
same wear the failure Of the crops on the continent OF
/ Europe disensolod II % supply the wants OF GreAt
Britain and she obliged 70 relax her restrictions
on Trsde and open her ports to the productions OF
American Agriculture. Ths shorthved Reciprocity ~
Traie during her necessities for bread, added some
s 600 600 10 the value OF our Agricultural fTod0ce-
altered the balance OF trsie-gsye new employment 10
the shipping interest and varied for the time the pre-
MUM ~ Sinst on Exchange TO or per cent N our
favor Secure Reciprocity in Trade, the resources OF
our country and the enterprise OF our people vi" hAn
ton OF nation
The restrictive system and the eounterysihns resaa
tons Of England 10 support Of her navigation and man
fractures VIA our regulations 70 pToNide warehouses
aud receive in deposit credit for the duties the fab
RIGS Of foreign countries for our domestic eonsump
isn, paFsyes our Commerce depresses the Home
ndusry-eneoorsses the Importation OF foreign mer'
chandise, and creses the uniform balances OF trade
against In the lsngusse OF the Declaration Of Amer
lean Independence, We hold these truths 10 DC self
evident thai Il Is bad legislation 10 permit such GU
lations IN trade, secures 70 smother country uni
form balance trade against and by which iore
nation can AZ pleasure and =, premium, drain away
the spece Of the country, deTsnse the eGrrcncyshske
thomoncyed ;nstiurons-cIese fluctuations IN mar ke,
-iersnsS business-render unstable al our domestic
yursuits-snd perhaps bring upon Is -sNn. that Ma
iionL ACKNOWLEDGEMENTS.
Its the bcSst OF England that such Is the wisdom Of
her commercial acquisitions, she has balance IN her
favor against every country with which she trades -
The time wSs when in infancy, with pop atlon
of or 600 600 without capital manufactures u
| supply dolucsrc wants. obliged 70 submit 10
unequsl terms in trade TIE time IS when with populs
ton Of upward OF 2OOO0 O0with Csptsl adequate 10
| emergences-Msauiscturcs ests5lishec-vith a Navy
and an Army both Of which in turn have fought them
selye. into reputa,on-we have night 70 demand rect
procity and longer to submit TO unequal terms OF
trade England knows America 10 Der best customer
America feels that England 10 her best friend They
now stand side by side, conspicuous in the civilized
world for Arts and Seieaces-Governmeni Of Laws
Civil Liberty and manly enterprise. This condition can