The primitive Republican. (Columbus, Miss.) 18??-1852, 1852-01-08
Tho Liverpool Ranqust o the Hon Roberl

The Liverpool Banquet to the Hon. Robert
J. Walker.
The chairman then called for
bumper for the toast Of the evening HelI
sand gentlemen, as individuals, we all, prob
ably even those who think that older and less
vigorous nations want a little nursing, may
believe that the vast untold natural resourc-
es Of America might be best left to the I'M
shackled youthful energy and intelligence of
her sons to develop them fully, and that all
Is wanted to allow the giant to attain its full
growth is to remove the bandages which i'm
pede its free action, Hear But, as a
body, we are all equally agreed thatit would
be most unbecoming in us to attempt to in
trude our opinions upon America or her cit
liens, as to whattheir future course should be.
AS nation we have shown them our opin-
ions by our acts, and may safely leave the
rest to their acknowledged shrewdness and
Saxon loveof fair play. [Cheers But what
unites as all here tonight is to do homage to
the talent and industry of one of Americas
distinguished citizens and statesmen-Tloud
cheers-and to the exertion of that talent in
the promotions of those measures for extend
ing commerce to whichAmcrica has, through
her legislature, already put her seal of APP
prevail [Great cheering.l Probably, most of
you read Mr. Walkers report when Sccreta-
Try of the Treasury, and, if 50, will feel how
deserved was the encomum the late Sir Rob-
lert Peel passed on It's distinguished ability.
1ECheers. You will also feel how unworthy
anything further from SO unpractiSed speak
er as myself would be on the subject No,
no. | would therefore only add that we
welcome Mr.. Walker most heartily; first, as
an American, and second, because in the
words of the toast, both countries areso much
indebted to him for his excrtions to promote
commerce, that great bond Of union between
the two branches of the Anglo-Saxon fami-
lies. Loud chcers.] give you, "The Hon.
r. j. Walker, to whom both countries are 50
much indebted for his excrtions to promote
commerce, that great bond of union between
the two branches of the Angio-SaxOn fami-
Iiy" This toast was received with the most
enthusiastic cheering, which was renewed a
gain and again. After the applause had
subsidized, the Hon. r. j. Walker rose to re-
spond, and was received with loud cheering
He said: MIR. Chairman and gentlemen, i
is with no ordinary emotions that | rise t,
endeavor to return my heartfelt thanks fo
this kind and cordial reception, for the fat
tering and friendly sentiment proposed, ant
the warm response with which you have beel
pleased to welcome it. Cheers. am sur
it is not the humble American citizen, with
out Office, power, or patronage, at home c
abroad, now standing on your hospitable sol
that you have thus selected to honor 1t
my beloved country to whom this compl
mcnt is paid; to her policy of commerce.
d freedom, and to myself only as one of it
earliest and most Jealous, yet one of its hun
best advocates This policy has RENAME
unchanged for the last FIVE years, sustaine
! by ever increasing majorities, and may be n
e gardcd now as the settled doctrine of NJ
, country. In 1912, highly restrictive tari
was passed by the American Congress.
1S46, that policy was changed, and the d
ties were reduced in the aggregate onc-Lalf-
Thcar, hear, hear and Il may be interes
ing to the land of my forcfathers to kno
what was the effect produced by this impo
tant change in American policy. With 20,
kind indulgence, will give you some of Il
resultsof that great measure. The revenu
q. received during the last year Of the high ia
IT. if of 1912, was $25,712, GOO The reven
from The tariff Of 1916, (under which the d
of ties were reduced onc-half,) during one fsc
ur year, just passed, was $50 ,000,000. Viii
- we reduced onc-half the taxes imposed
Nv the people, our revenue was nearly double
Our tonnage, which, in 1916, had only reaC
he ed 1862 $50 tons, rose on the Both of Jul
or 1851, the close of our last fiscal year, (wh
thewcight had been lifted from our commerc
to- 10000 tons. Our miles of railroad
= operation, denoting, in part, the progress
our internal commerce, rose from 4 8
miles, in 1916, to l0,287 miles in 1851.
In 1916, our population was about 20, 80
DO 600; in 1851, it was about "a, 100000.
This change in our policy shows, in the
:, FIVE years, the following results:-Our poI
~ lation increased from 1916 to 1851, 49,
try cent; our revenue, from the reduced tariff
tbs creased 81 10th per cent; our tonnage, 4
ION per cent; our railroads in operation, 452
cent Our average annual revenue from
ties, under the high tariff Of 1912, was
vs. 895 900 dollars; our average annual revel
ies from duties, when reduced one-half nn
OK the tariff of 1916, was S36, 145,000.
this last fiscal year, the revenue, increas
in a constant and extraordinary ratio, ros
S50,00O,0OO
KS, Our fiscal year commences on the hrs
'sa. July every year, and terminates on the 3
of June in the year succeeding. Now,
official results, for the first quarter Of
present fiscal year, commencing on the il
4 July last, aud terminating on the30 of
'on- tember last, areas follows: The revenue
duties alone, for the first quarter, is 81, Y
909-or at the rate of $50, 019, PIG per
num- Our total revenue from all sour
- for that quarter, was $4,000, 000-ol
y the rate Of $64 100000 year Our
oun- plus, during that quarter, Of receipts over
DDS, penditures, amounted to 81 900, 600
y sS q, the rate Of SIS, 100000 year. Now
.ioss, our whole debt is but So, 100000, su
Sen surplus, if continued annually for four y
S Sag would leave us then Gas we have been t
9iGss before without debt, and lead necessaril
ticlss another reduction of duties Cheers.
average annual exports, under the red
sr tariff Of 1916, were $161 ,246, T88
- average annual exports, under the high
if OF 1872, were Sl05, 929,4 12. The
Ort- age annual difference in the amount Of
AZ