The Sumter banner. [volume] (Sumterville, S.C.) 1846-1855, 1850-03-06

Ito by the addition Of the duty. Want ii ac.
carat9 knowledg of NIL the iacts renders Il
|impossibla TO determining precisely the effect
which our revenue system psnauces; but
Sthot tiH nsosf powerful and controlling can.
not be- denlesE Tha Goyeratnent sactually
raises more than thirty millions per year byy
these autiea. The manufacturers, Who GER.
ta!nly are Interested IN selling their SpToduc.
tions at high rather than a low rate, and
VINO understand their true interests, attach
the greatest Importance 10 the tariff system,
and attribute to its operation effects even
greater than have stated them to be. There
i,as i,ass been less complaint among consumers,
because the cost Of r ost manufactured arr
ticles has been Diminishing from time to
time. This fall Of prices however, is partly
attributable to the great discoveries made
during our day in chemistry, mechanism, and
the arts generally, by which these articles
are produced with much more facility. 1t is
alk6 attributable 10 tho comparative repose Of
the world, which has directed capital and Ia.
Dor, formerly consumed IN wars, 10 industrial
pursuits. Hence, though there is gradual
reductiontofprice in TIE United States, yet
It is still more striking on the other side Of
the Atlantic. In Great Britain particularly.
as well as in certain portions of the Cont.
nent. such is the ace4Palatan .Ilg IF eapi;al' and
so .Gca 1afiI " az ihbOrerS who are
ublee -.-tO;terk for mere subsistence, that
prices are at the lowest possible rate We
tave right 70 take advantage of this state of
things, just as the Europeans do Of our cheap
production of'cotton. Instead Of giving us
half dollar pound, as they used to do, thew
aswell as the people of the northern States,
seem glad to get it for five cents per pound,
IN consequence OF our over production of the
article. We have, therefore, natural right
to'purchase their productions at the lowest
rate at which we can obtain them. to counter.
BALANCE the disadvantage we suffer from the
accumulation OF different kind of capital and
labor. 10 alleviate this burden, we of the
South get back very little in the form Of pro-
tect,on Why, then, have southern men been
wiling TO submit to system so unequal in
its operation! Because, as have formerly
had occasion 10 state, in the Convention
which made The Federal Constitution there
was bargain made between the North and
the South, that, provided they would allow
our slaves to be represented, to permit i'm
portation for time, and to deliver up fuui-
tiycs, the South would, on its part, agree thai,
a anlgority Of Congress thigh, have poy Sc s.SSb IS
pass navigation or tariff laws. As.AsSTIS Of
the power undcF tne CircNaHsSSs ast5cos.
sary implied that il VAST sS s as5 iFij. we
1et hound IN honor 10 acquIesce IN the second
place, protection 10 such extent as might gi
.ur infant manufactures a fair start, was cal.
culatcd to advance the interest Of the nation
as awhole, though for the time it might bear
hardly on us. And because, thirdly, we
hoped thai the southern States would after
time get to manufacturing themselves, as
their interest required them 10 do. and thus
escape the burden. 1t was thus that south
crn gentlemen, even after the North had par
tally failed to pay its share OF the considera-
ton, with great magnanirnity continued to
sustain the system.
: To BE CONTINUED