The daily union., 1852-12-08


that extent is deprived Of home market for The sale Of
his surplus produce" Unqusstionably these deplo
rabe results but have consolation in The fact
that they only in the fancy of the President For
tunatey the quotations OF the market and the OF
the fail to confirm the melancholy intelligence
from the White House Does the farmer complain OF
slow prices !" Is his cora. his tobacco, his cotton
drug in the market On the contrary, when did the pro-
ducts OF agricultural Industry command ready sale
and such remuneraiive prices The loss OF "home
Market" which the President deplores has failed TO d
minish the price OF produce every housekeeper in
every city in the Union will sadly testify. Nor have
our manufacturing establishments been broken down"
by competition with foreigners. On the contrary the
manufacturing interest of the country never in so
fourshng condition Possessing the advantage over
foreign factories OF protective duty OF twenty five per
cent, with abundant supply of labor while the price
Of labor in Great Britain is daily increasing from the
excessive emigration OF its laborng population the man
uacturng interest Of this country only monopolises
the home market in The sale OF the fabrics in the poduc
lion OF which il is especially engaged, but successfully
completes with British capital in foreign markets
We venture the prediction that this fact will be disclosed
by the report OF the Secretary of the Treasury, reluctant
as the admission may be The President may be per-
shaded that mannf establishments afe bro
ken down." but il will be difficult convince the country
OF the fact long the newspapers continue tell OF
the erection of factories in the South we'll as in
the North. and long the price OF iron remains at its
present figure.
In reference to the Presidents recommendation of spe
cifc instead of ad vaorm duties offer at present
but two reflections. AT another time we may
comment more at length on the injustice and inequality
involved in the principle of this policy. We must await
the report Of the Secretary OF the Treasury and other de-
velopmens. before believe that the merchants of
the country engaged in the grand system OF fraud OF
which they accused in the Presidents message Un.
der the ad Vaiorem system there doubtless instances
OF "peury and fraudulent inyoices"just as under any
system Of duties there instances Of evasion of the
revenue laws. But the vices OF human nature should
not be chargei 10 the operation of particular sys-
TEN OF mposts In the State governments, where
the policy of direct taxation prevails, the collector must
necessarily trust to the individuals schedule of his
property; yet we hear complaints Of perjury and fraud
under this system We suspect want of vigilance, if
OF honesty, the part of the Presidents officers
casons, if does not directly encourage, the fraud OF
which he complains. Did the evil exist, however 10
the extent represented by the President his specific
would afford but inadequate remedy, if indeed il did
| not aggravate the disease.
We entertain apprehension that the policy proposed
by President Fillmore will find favor with democratic
Congress. If there is 10 be any change in the revenue
system Of the country, il will scarcely be in the d.
reciion of whg prejudice In the progress of CONNER
cal freedom the country will submit 10 no step back
wards. When the problem with The American statesman
is, not BY what 10 raise sufficient revenue, but
how TO dispose of rapidly accumulatng surplus il is
folly TO expect as is madness desire. an increase OF
taxation The suggestion OF the Presidents message
harmless ebullition Of old whig feeing which Con-
gress will not heed Nevertheless it is proper tha, faa-
sss and ~s'ofresentatons, sent forth 10 the country
with the sanction Of eminent authority. should be
promptly examined, exposed, aud refuted