The daily union., 1852-12-08
The Presidents Message.--The Tarinr


The Presidents Messase.-The Tarin.
lmpelsd, perhaps. by inve'erae prejudice than
BY any sincere purpose hope OF accomplishing his OBJ
jeci the President recommends the abandonment Of the
present commercial system OF the country and return
10 the ancient, il not obsolete. policy Of protective and
specific duties Undoubtedly this suggestion will excite
sensation of surprise throughout the country. The
Premier OF Great Britain, bold he is repued TO be, did
dare in the recent exposition OF his policy TO advise
measure which the verdict OF the nation had con-
demned and which, in effect, would diminish the supply
OF bread 10 people that cannot conveniently suer any
curtailmeni OF their bare competence Our President
less obedieni the maniies, will OF people than
the arisiocralie ruler OF the British empire,
obstinate in adherng 10 exploded faacy, or less SEN
sbe 10 the wants and exgences Of the tme and less
,rac,able the lessons OF xperenceproposes in dsre
gard OF the extraordinary prosperity OF the country and
10 defiance OF the esu, OF the recent election, 10 aban
don q policy which more than once. and before the
second OF last November has received the sanction Of
the nation. and which vndicaes itself By the most senef
cant influence upon the public welfare recent Eng
journal in commenting the results Of presidential
election expressed asionishmen that Mr. Fillmore should
OF his pany That he should recommend to Congress to
revive policy which the people have repudiaed repeat
edy and with the utmost emphasis OF condemnation
may well excite surprise among persons familiar
with our institutions than the writer who thought
strange that the administration did not retire from
osies after The second Of kovsmhsr. Il-imed and
illogical may be the suggestion OF President Fillmore.
bu, illustrates The rigid and relentless obstnacy Of his
-
and enlightened age and 10 recognise the obligation Of
submitting TO the viii Of thf people.
Presiden, Fillmore does justify his extraordinary
recommendation BY The development Of any new fact
or any new Argument. tending 10 d.eredi the present
commercial system OF the country. He gives simply
a repetition Of the faseous reasoning and fictitious
facts with which the advocates Of protection have ever
been accustomed TO desds The public mnd-asif great
system Of policy. sustained BY the sanction Of the people
and il. own successful opealOn 10 be oyerhrown
by paltry quibbng and sPesious misrepresentation II
is not In the power Of presidential message i'm
part dignity and force 10 the Arguments By which Mr.
Fillmore would persuade Congress 10 revive The policy
OF protection and SPECIFIC duties. He tells US that,
under the operation Of the existing tariff. - most Of
the gold oi Calornia, as fast a. Il is coined finds
its way directly 10 Europe In payment OF good. pur-
chased" Well. what Il 4 does Il ihi. \ grew
ance 10 BE- redrssssd, and evil be remeasd Woul
The President advise the enactment al measures 10 pro
hbit the expectation Of gold Whist better dis position
can the county make Of IL surplus gold than TO send
abroad in payment OF IL. debts IL Il better 10 retain an
excessive amount Of gold 10 the country OF Il better TO
suer the surplu. 10 be freely exchanged iof goods.
which minister 10 the comfort Of the people, Il cannot
be pretended that the supply ol sold nsd,qaas 10 the
wants Of commerce n. however, such deficiency did
exist, would speedily itself Why. then. cons
plain OF the exporation Of gold A well complain of
the expectation Of cotton. Ny computation California
yields an annual supply Of gold equal in value 10 sixty
five millions OF dollars The President tells us that forty
two millions Of dollars are annually exported but we
impor from foreign countries an snnaal snosn Of sps
Gle sqaal to I've millions Of dollars Thus. We hav. an
assual addition Of q, leas, twenty ave million. oi dollar.
TO the supply Of gold in the country IN view Of hi.
fact il !. idle to talk Of preventing the sxparaon q
gold-espeeally fifteen twenty million. Of dol
lars in specie are this locked up IN the govern
ment treasury
The fact that iOry-hve millions OF dollars In gold
are annually sent abroad TO purchase goods" only
proves that the country in need o the goods than
the gold otherwise the exchange would cot be made
But the President deems himself better Judge Of the
wants of the country than the country ITSELF and advises
Congress prohibit the importation Of goods and the en-
por,aon OF gold The ignorant people must be pro-
ie ted from the consequences Of their folly
In presidential contemplation mysterious virtue
attaches to gold, Distinguishing Il from every other article
OF commerce. and removing from the operation Of the
laws OF supply and demand Else Why this complaint
Of the expectation Of gold And why does not the
President class gold among the exports Of domestic
produes' Gold is much domestic product cotton
or tobacco yet, in order 10 make oi Imports
over exports, the President excludes the ory.fvs nil
lions Of dollars Of gold dug from the earth 10 csliorns
and sent abroad from bis table Of exports of domestic
products II mistake 10 suppose that the country can
be deceived by this ariihoe.
In support Of his recommendation Of change Of policy
the President alleges that, under the presen, system Of
.nue duties "our manufacturing establishments ar. bro
ken down by competition with foreigners the capital
vested them is lost thousands Of honest and ndu.ou.
throxvn ont If th.