New-York daily tribune., 1857-10-26

We have been falsely charged BY The Journal Of
COmmtrce with abandoning the platform of the Re
publican party in favor of the establishment of
Protective Tariff. Nothing could be further from
the fact. We propose no alteration Of the Tariff
recommend nObe-any more than we propose or
recommend National Bark. The People, whether
wisely or unwiseIy, have chosen Democratic Con
gress, " hch could not be induced to enact Pro-
tectiye Tariff if it were certain that thus only
could thousands Of laborers be preserved from
starvation and the country from absolute ruin. The
interests of the party are paramount with its
funcOIaries, and for them to protect the industry
OF the country would be to commit political sui
cde. The power is in their hands, and they will
it for their political advantage, not for the good
of tie people. Believing that cycle Of Hard
Money aud Free Trade is therefore inevitable, We
exhort every one to shape his business ac-
cordingly and not look to the GoSen.
moDt for relief that will certainly not
be afforded 1t were mad to live in
hopes Of what Congress to be hereafter elected
may do three or four years hence. II you Owe sell
your property for whatever it will bring and pay
yeur debts; offer it to your creditors at half its
recent value if you can no otherwise dispose Of it
snytbiUg to get out of debt-and then keep out.
Work any where and at any thing for the most you
can get-escape from the city to the county-and
do not hang on in idle expectation that time, will
improve for of that there is no immediate prospect.
If poor man can get bread for bis children hence
forward till Spring, let him accept it gratefully,
and earn it ieyOusy. We DO not know that We
would even reestablish the Protective Policy if We
could to morrow, with full knowledge that il
would be warred upon in the future as it has been
in tie past. Better lie still when we are down
than get up merely to be knocked down again.
But when We hear persons talk of the present
pIostraton as if it were some mysterious visitation
of Proyidence-some sudden aud unaccountable
calsmity-we are apt to lose patience We have
20 often exposed the utter falacy of our Treasury
returns Of Exports ard Imports-so often shown
that we we're running in debt to Europe by millions
upon Millions and must inevitably come to grand
crash at no distant day--so often insisted that We
c'u'd not long go on buying or Cloths, our Wares,
our Metals of Europe as We were dOirg-thas we
c5nnot see how the prophesiers Of smooth things
throughout the last seven or eight years can pre-
terd to be surprised by our commercial disasters
Where have been their eyes aud ears during the
last decade
As we write, our eye lights on a recent speech of
Gov. SEwARD-that of March let, lS55-in oppo-
.itop to the proposed allowance Of Credit for Duties
on Railroad Iron-in which the present disasters,
al even the very year ofheir occurrence, are FORE
told with signal accuracy. We beg all who believe
our financial troubles ortuitous and ine1plcablet to
ponder well the following extract from Gov.
SEwARD's speech:
"Mr. President we are told by the honorable Sena-
,or f,om North Carolina Mr. Badger that We must
adopt either the tariff project before US or ns amend
nert. because the railroad interest requires relief
This brir gs back 10 the precise question winch
discussed here few days ago. think, Sir tina! the
restoration Of the business Of railroad buhdlng 10
healthy state requires either to leave 10 woIk out
ia own cure else 10 adopt remedy very dI aren't
som What il here proposed-a remedy which viii stin.
ulste PRODUCTION Of the material aud OF fabrics by
snutacture ANYTHING short of this will fail TO give
spy tore TO the general financial system OF ne c9un
nv now so much deIanged. The troubles with when
we are con,ending srose nom excessive iPcIIsIoas'
The project before tends TO reduce duties and so to
encourage and stimulate imperts stu more His ie
sr of which we sick propose to add fue 10 Tue
flame that Is consuming u. ,s,,
"Lft Us look backward fer Instructions. IHIeoi,V V
oe,,tre ;,ubortattons b. an uReTdmped endrg gen sf
fcr.j1, ,re had on great fiscal eEa5drrdsS-
6.rts Property of erery kInd rds dtWt6iaIe9 erSry
LODI traufed r,l,sf loans; credit Das pdrdg-sd In
Bafk of The JHifed States eEerted HseJ dnd gdct re
Ief fhs crisis sessed 10 hare beH passed ip0''d-
,,s ,r,r, Ugnfdia}y resEEied, credit ras IgotH eI-
,,J,d UL,of rose 10 frO dollars per bHsheli pr1ces
Of aH deseripfions Of property rere inflated Inc REM
t,a,nS5 ras OrIu t,Bporarg. The en6drrsssHeats Of
1894 ,stsrs<I in 1897, aggravated eato!d. And hsa