Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-02-26

|. AdEertiSeman not aeeombaafed WITH yFitten
direst4ns VIII be inserted until forbid and charged
Eoties: Ser Political Nsstbsste Bs charged in al
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Sermons, so cents each. novliI'6S
Something About ToroteotIon. =,
One Otthe most important measures 1. of
national legislation now before The country
is the tariff bill now pending in Congress.
With "a plethoric Treasury to begin
Mr. Buchanan's Administration has not
only depleted it, but been borrowing
millions ontop of millions wherewith 10
carry on the functions of government. Be-
tween deficiency of revenue, originating
in defective tariff, and the unparalleled
extravaganza and corruption of gov.
crnment officials, for years past, the finan-
cial status of the United States has be-
come SO low as to seriously affect our
credit both at home and abroad. Another
cause of this is tue new.fangled doctrine
that any State of the Union may withdraw
at pleasure. Capitalists are becoming
shy -ofsU. s. stocks; for, say they, ~ hat are
the bonds of government worth which is
no government at all? II, they say, the,
government mqy be dissolved at every
,whim of its constituent members, what as
suFance have We. that its bonds, drawn for
twenty or thirty years, win at maturity be
worth anything? This difficulty has al
ready beenIencounteFed to "a limited degree
in disposing of the late issues of Treasury
nOtes-a recognition blythe government of
the right of secession, would certainly
increase it.
But we set out to say something about a
tariff, not technically; butIn.a general sort
of way, and have diverged thus. far, to-
show that tbsre hss hardy AR enssl
period in our history wbsa lsms prompts
afshp I'D
tiuds 'Epts more needed than now! Wi5att5-
er il will be secured at prcssnt is doubt-i
.ful. The measure now before Congress.
meets at every step fearful opposition; for
there is, and always has been, in the North
class, few in number, comparatively, but
welding great influence, and chiefly
interested in importation, that in coniunc-
ton with the united South, have nearly,
always been able to defeat any efficient
MEASURE Of revenue; pnl,thsy may do SO
now MraLiueoln IN his Pittsburg speech
expressed a,hoPe that a tariff bill would
pass this session. GOt, if STAYED on tor the
present, it,would at least be adopted at the;
the next There is no doubt that the
incoming administration will recommend,
and, SO far as is in its power, aid in bring
ing about, the adoption of some snch ex-
pedieutas will at once invigorate the gov
ernment and revive all branches and dc.
partments, of industry.
THERE'S opposition elsewherethan at home
to a new tariff. Frauce add England op.
pose it. Some will smile at the idea that
they have anything to do with opposing
change In our revenue laws, but tits, none
the less serious fact, 1t is intimated in
official quarters that these countries will.
recognize the Southern ooHfsdsFation-.an
fntimattou shrewdly thought to be intend
ed to operate as a damper on. Mt. Nor
.rill's bill. These laws as they now are af-,
ford really a protection to then. instead of
the United States. Under them immense
impOrtattOna Of foreign goods have been
stimulated, and in all branches Of trade,
Over.s expansion, too much business on
credit basis, has resulted. We have
bought heavily OF Europe luxurious
and d.hney fsbricsIahd paid the bins With
gold and the very life and blood of our
soil. We have bought extrayagautIy and
lived high and all the time, in spite of
seeming opaleace, have been iimpoverish-
ing the country. The grand aim Of a
MISUNDERSTANDING for a people where all
classes arc equally entitled to considera-
tiOn, shOuldbe e, ,afford-4to, secure, indeed.
the greatest possible ditefsity of employ
ments. 1t is indispensable to national
greatness. A great, prosperous people
cannot be built up withuptit, The South
is poor aud SParscly ps0Plsd-snd why,2-
They cOnfine themselves TO producing and
exporting raw materials. The vitality Of
their soil, is carried away without re-
turn: They employ the lowest grade
Of 9uaskiIled labor, aud wblls . small
class become wealthy on the prOauc-.
tiOn of a large scope of soil, their
country in the aggregate becomes NO
richer while At the same time theiFppltrys
of buying their goods at foreign ports pre-
vents the building Of manIfsetories in
their midst and The cOnsumPtionaOf their
products q home. They lack populattou
and must, while they lack that diversity
Of emPloyments which aiwaysf and surely
brings it in. There is'no good reason Why
the South should not in time become the