The miners' express. (Dubuque, Iowa) 1849-1854, 1850-07-31

What more would you do than has been done
towards procuring the Rail Road grant for Iowa.
The above believe to be true copy of the
questions you requested.
July 18th 1850.
TIMOTHY DAVIS
d. A. MAHoNY, Esq.
1t will be observed that the subjects enqured
into are somewhat mixed up, but this ssorder''
was obliged to be observed on account of the
wandering of the speaker in his subjects.
AS these interrogatories indicate Col. Hen
derson's points of argument, will endeavor to
give his views briefly upon such of the positions
as he noticed particularly in his speech.
He APPROVED OF THE PAYMENT OF THE
GALPHIN CLAIM, ROTH PRINCIPLE AND INTER-
EST.
He said that under the present Constitution
of the State of Iowa, no internal improvement
could be successfully carried on, and that it OPP
Grated as bar to the construction Of such inn
provements
He said that he would vote for no man to 90
to the Legislature who would not pledge him.
self to vote for Convention to change the pres
ent constitution.
He said that he was opposed to making stock
holders liable to any further extent than the a
mount of stock owned by each
He said that supply and demand regulates
trade, which is truth, but in subsequent part
of his speech he said that certain manufactured
articles should be protected by legislation he
said further that high tariffs made low prices,
which is not true, but suppose it was, lcgisla-
tive protection by tariffs would have different
effect from that which he intended to produce.
If high tariffs made low prices, where was the
advantage to the manufacturer whose object in
asking for protection is to raise the price of his
articles? On this subject of tariff, Col. Hender-
son was lost in the mazes which his logic wove
around the subject. The audience who heard
him, Wings and Democrats as they were, must
remember how awkwardly he found his way out
of this subject, not without leaving the traces OF
his progress behind in the tangled and torn net
from which he had Just escaped.
One word more Oh this subject He said that
''high tariffs made low prices.' II this were
true, which it is not it would be for the advan
tage of consumers to have a high tariff, but how
stands the casc'
Ono Of the questions asked him was, 'Docs
not thirty or forty per cent duty upon plow,
hoe, spade, &c, or other manufactured articles,
make them thirty or forty per cent dearer to the
agriculturst and other consumcrs'
To this ofcourse he gave no answer, but each
one can answer for himself. According TO his
motto, "high tariffs make low prices,' the more
duty or tax there was upon an article, the cheap
err il could be Soda blunder egregious that
it will scarcely be believed that man laying
the smallest claim to common sense, could serl-
ously utter sentiment so silly.
On the subject of Banks the Colonel was both
explicit and unhappy. He advocated not only
the establishment Of a new National Bank, but
also the course and conduct of the monster
dead. He said that PAPER MONEY WAS BETTER
THAN GOLD OR SILVER. How his Wing friends
can swallow this doctrine and give him a con-
sistcnt support with that burden on their ston,-
ach it is for them to say.
He said that it was more difficult to borrow
gold and silver than bank notes This is anoth
err fact, from which his position on the bank
question can be knocked in pieces. This one
fact proves that paper money, (Which by the way
is no money at all, but its representative is not
of equal but of less value than gold or silver.
No one but such antcdluvians as Col. Hen
derson will need argument to be convinced
of the falsity Of his position, and for SUCH argu-
ment would have no effect. He asserted bold
ly that ONE EVER LOST ANY THING BY TIE
UNITED STATES BANK! AS well and with E.
quail claims to trnth might he have said that no
one ever the Mississippi river.
On the special features Of the questions as in
dictated by the heterogeneous, Col. Henderson
having refused to define his position, cannot be
expected to comment Suffice it to say, that
although three weeks have now elapsed since
the questions were handed to him, he has not
yet deigned to place himself in such position
as would show to the people that he wanted to
be understood.
With these remarks, which the ungcntleman-
" illusions Of the Tribune has called forth,
submit the whole subject to an intelligent COM
munity.
D. A. MAHONY.