New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-03-09
r1v n1rrY ON RAILROAD IRON

~. pRxupEsr-I regard the proportions
,ubmtsed by the Senators from liiinoa SAf DoasiSJ
"a y;,s;,is (Mr. MasoD) as synonymous. l think
no nrophes 70 foresee that 10 suspend the du-
-, p.l,osd Iron for three Year, viii be virtually 70
n.,d 4, inde6nitey-thst Il. to repeal il altogether.
ws,n coDsider fhe magnitude Of this subject am
.vn.t with surprise at the circumstances under whcn
/. n,e,epted Il amounts to no less than MS 70
Advancement Of the entire scal system OF theuo'ein
s., M the United States and disturbance OF 'ne III
S.trv Of the country shaking the credit and bringing
,.io coufusjon the very resources OF the uo'ern'u
And under what circumstances docs TINS grave fu''
tim come before the Senate Has Deen ieco'H'
--S.a bv the Executive Administration No.
Mas there been complaint brought Deiore
Consress by any portion oil me people VI"
ne present system is erroneous ana iequ1,ce 70 oe
,s.i.ed or rnodiiedf Not at all Has any COnhit@ee
- ~ Senate recommended such change Not oae:
On the other bend, the Finance Comniittee wmcn nad
recommended Il has reareated ana soannohed inc
sYomnd Who Is It that brings this proposition here'
~ n,der what circumstances 6Bd In what manner IA
dones IL IL brought before the Senate by member
S,om the State Of Virginia the cole ground that the
es.,e OF Virginia has instructed nimVrnia alone, one
ef The thrty-ope Ststes-Virgins not seconded, and
alone And at what timer Why, in the very last week,
and In the very last hour5 Of the Session OF Congress
when the health the patience, and the caPacy oil the
member have been taxed 10 the extreme Of endurance,
ne are brought 10 the confederation OF question which
can not be dispoeed Of safely, not TO say wisely,
without carefully examining the whole shscal sys-
tem Of the Government TIE measure before us
nroceeds upon the ground that we have gold 70 send
10 England and 70 Rnssia for iron; that we are
Yicb, and afford to ship gold to buy rsl'
road iroD leaving iron and coal, inexhaustloe
ss they are " in mines. Sir there W y
King once who rich in proportion, and ss ME
pendent, and proud we Ore Crcesus was that
King; and when barbarian Chief came 10 see him IN
his Court he displayed his treasures before the amazed
ssysge--etteTing heaps Of bright yellow gold The bar
bsrisn looked upon the treasure aud said III auvey
we but whoever comes upon you win oetefiron taai
YOU have will be master Of al tits gold" Weshall mad
u so In the end
rec. appreciation Of the great advantages 10 t9e Caa
States which have resulted FROM the acquisition o. tae
gold Of California. But If were required to choose To-
day between the wealth that umbeTs ia the sierra Ne
vads and colors the sands in the bottoms OF The streams
Of California and the iron that lies in the un.
opened mines Of Maryland. Pennsyly wanna, NeH'
York and New.Jersey, should decide promptly
at once 70 TcDOunce the gold ana save the iron By
when have enumerated these states am CONSCIOUS
that am only on the verge Of the iron region oil t,s
brood Continent 1t extends through Vermont ono,
Kentucky, Tennessee, MssOuri and Ne0Taska Sir we
are making iron roads this Continent Ana what
10 now proposedi II lie 10 bring the iron from hny,and
70 make roads the iron and coa beds OF tue Ae'
shcnief and Of Missouri, and our western terrtOfe%
There nust be urgent necessity for this, or tue
eepaie would not under such circumstances as these
bxten 10 a proposition 20 novel anu extraordinary, 90
contrary 10 al settled principles Of political econ
amy What. then, II the heed fOr tUcn a mcaHuIcI
In II that your revenues already too great, and
must be dimnishedi II cannot be that, because you
have before either appropriated so ioerGly' OF
had occasion 10 appropriate 30 hecraiy, iof the
great objects q the Government. You have an IN
pad debt Of onehundred millions OF dollars. y on have
got new and territory toortfy, TO secure tomake
last IL IL the whole Pacific shore as yet not knitsst not
even with the middle and Atlantic regions OF
our country You have only 20 build custom h1u es
and nnts there, but you want also docks tortcstiohH
and increase Of your naval forces harbor deences and
Il. IL. IN NFuln
and Oregon And you want not only this, but also an
Increase Of the strength OF the military arm 70 inih
your treaty s,ipulanons with Mexico, and protect that
unfortunate country from the depredstions OF saVng
within our own unexplored wilderness. And while
You all these things exterior to the deienses Oh
old 5tater, what you doing elsewhere fOu ore OK
piorng the Rivers OF South America and The SHOALS o.
the Pacific Ocean, and opening The porte Of Chin" aud
Japan. And together with these mighty enter
prizes, what are you dling here You are en-
Of The CAPITOL and the faout oice laying streets
square,, and buildng statues and monuments You ar
supplying he Cepnei, ar you ought TO 90 WIN Per
aud whoics ONE water, and with light aud are en)c
H,hiDg IL 10 render worthy great nation aud T,
tined people No one has propOsci--indeed, 1t "a IN
fnthc,t possible from the idea OF any gentleman IN t
chamber 10 proposo reduce the appropriations or
even multiply aud increase salaries add pensions Inc
appropriations ought 10 be reduced and caanot be re
duccd but strange TO say, while you are increasing
appropriations largely-proiusely, many Will think
wantupIy--you are et the same moment diminishing
the revenue which supplies them. Well have you
Just and proper proportion TO your expenses, 90
that YOU will be able to carry on the great and
munifcent enterprises OF the Governmentt II you
have | pray you TO enlighten me- Nho will tel
me how much THE remission Of the duties Railroad
Iron will diminish the revenues OF the Government. M
man can answer whether it will reduce them one, two
or three or five millions year According % the best
Judgment can form, and according 10 the experience
we have had heretofore, we are 10 have reduction OF
the re, cnue Of the Government by amount OF tart
millions year, oE so long period az this remission OF
.l,.1y IA
Millions of revenue up to the actual rclci OF Inc
people, and surrender the public domin from which
you exclude actual settlers except that they pay dollar
aud quarter acre. Aud yoi which, even with thai
tax yields less than the three millions which You are
striking of by this measure.
Now unless YOU are going TO diminish the amount o
appropri stuns alsoHnd have shown that yeu are MOI
pong to do it-yoa cnnpot wisely adopt th's measure
unless you have some other source OF revenue 10 70
place what has been dispensed with Aud "hss Wal
YOU tex In the place Of foreign nom NhG tse cai
you tax II you cannot tax that manufacture and tha
mineral production of foreign country which rs m -
abundant and that most necessary in your own
agree with the Senator from Pennsylvania ! can
understand the proposition OF free ndde Il an nte'
hgibe theory, and at some future period down ae V'
OF ysars IL probable that the world viii come O. AN
derssnd that universal free trade Is the wi-est ana mos
benehcent system II fiscal admins for gov
eInmtut and for all Cover ana 80 lar as "a d
forms the principle upon which this measure prOceed>
hail the introduction Of II here But free trade IN
wolves not one only but principles not only absence
poss but direct taxation 10 support the Govern nanS
cali then upon those who introduced tbs measure OIL
free trade to defend II upon thai principle 20 carry i
cut ON that principle by bringing IN bill for direct
taxation 10 extent which viii replace revenues sur
rendered They will do no such thing. say, thea,
that IL Is spurious O, free trade 20 rosin4usa
the duties upon the introduction oi iron, and YET sup
ply noequivslent by either retrcnchn-ot OF Are tax
ton IL uust result IN OF two things-in tue era
ton Of national dob; the impsr1g OF the strength
and vigor Of the Government
This Is proposition TO remit the duiy On Rs,road
Iron II seems 70 Objectionable the principle q
which have alluded that it dsturhs the general al
usment of the revenues upon all the business inre''s
of the country in other words is uneqnh-'hereeIe
partial and unjust. The burthcn Of the measure mus
fs upon few States and upon lev citizens IN those
ta,esupon single class Of lssorers and upon capital
invested in single enterprise. What Areyou gong 70
ssrkc OF three millions OF NE sixty millions OF revenue
the cost OF two three States and at che cost OF one
class Of lsborers and the cost Of capital invested Ia