The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-02-01

hults OF the industry Of New England and Penn
syivania 1t imposes duties which will prove al
most prohibitory. Inmany instances it VIII defeat
Its own object, from the excessive character OF the
duties imposed; the articles taxed VIII cease 70 De
imported, and the revenue will be none the richer
after the tariff has gone into efect. II the object
of the dominant majority in Congress is to raise,
by customs duties, revenue sufficient to defray
the expenses of government, those duties should
be SO distributed to fall upon articles which are
sure to be imported. Tea and coffee should be
included among taxpaying articles, and the
heaviest charges should be laid upon commodi-
ties which cannot be produced here. This is the
way to raise q revenue by customs duties. Mr..
Morrill, and his friends, however, not thinking
about raising revenue. Their object is to build
mp manufacturing aristocracy in Pennsylvania
and New England, and those among them who
have sufficient sagacity to foresee the effect of
their scheme are well aware that the new tariff
would leave the government at the end Of year
poorer than it is at present. II remains to be
seen whether the representatives OF the great
Northwest-who now hold the balance Of power
In Congress-will submit to tax their people out
rageOusly and useessly for the sake Of manufac-
turing corporations in other States. If they are
willing that the people of Ohio, Illinois, Indiana,
Michigan, Iowa, Wisconsin and Minnesota shall
pay tribute to the spinners of New England and
the manufacturers of Pennsylvania, and that after
year or two of such tribute the United States
government shall be found deeper in debt
than ID is at present, they will support
the Morrill, tariff, and it, will become
law. II, on the contrary, they are honestly in
favor ofthe fair development Of agriculture, indus
try and commerce in the States of the great North
west, they will not suffer this monstrous abomi-
nation to pass either house of Congress, and will
seek other methods of providing for the necessities
of the government If they should decide to re-
ject the Morrill, manufacturers scheme, they may
rely upon the support of the intelligent represen-
tatives from New York and the other great
ports. Morrill's bill abolishes the warehousing
system by decreeing that at the expiration of
thirty days (nstead Of three years, at presently,
importers shall be compelled to withdraw their
goods from warehouse. This would prove almost
fatal to the commerce of New York, Philadelphia,
Boston and Baltimore and the representatives of
these cities will naturally be found in the ranks Of
the opponents of the measure. The experience of
the past few weeks has strengthened the opinion
Of those who hold that it is not the interest
of the United States government to raise it's reve.
nue. year by year. great national debt is an
evil, no doubt; but moderate debt has advan-
tages which recent events have brought very pro-
minently before the public. No such heresy as
the right of secession could prevail for moment
in a country which owed large sums to its people;
if such falacies were mooted they would very
quickly be silenced. If the United States had
siy Of c;y mill; <bo
pending secession movement would not have re-
eeived the encouragement it has. And it, instead
of tnkerng the tariff, the republicans in Congress
were to authorize loan of thirty forty millions
for the payment of the expenses of government
during the present year, they would achieve their
purpose more certainly, and with less injustice to
the people, than can be the case if they follow the
lead Of Mr.. Morrill, and his friends.
very few days now will settle the moot
question as to the attitude of Great Britain on our
secession movement. In consequence Of the re-
signation of the United States Collectors at
Charleston and Mobile, ships are now clearing
from those ports for England with State clearances
There are not many such vessels, and they are
paying an extra tax in the shape Of double insur-
ance, and loss Of a TX per cent on the bills Of
exchange representing their cargo; but still seve
raj vessels have actually sailed for England with
clearances from the States of South Carolina and
Alabama, and when they arrive we shall learn
what course England proposes to pursue. If the
clearances of the seeding States are admitted at
British ports to be valid those of the federal
government, the Southern confederacy will enjoy
all the recognition it needs at present.
We notice that the House of Representatives at
Washington is discussing the Senate amendment to
the Deficiency Appropriation bill, granting $780,
OO0 to Ambrose w. Thompson and others in re-
turn for certain rights secured the United States
in the harbor of Chirqui, New Granada. II is ge-
nerally believed here that this grant is mere lob
by speculation, and that certain members of Mr..
Buchanan's Cabinet are accomplices in the matter.
There has been good deal Of talk about establish
ing coaling station for the United States navy at
Bocas del Toro, Chiriqui but the fact is the coal
Of that region is tertiary COAL utterly unfit for
marine purposes and of very little value for any
other An interoceanic road has been proposed
and this with the proper means and under the pro-
per auspices, might, perhaps, be established at
Chiriqui; but the bare fact that such scheme Is
feasible does not entitle Mr.. Thompson and his as
sociates to 100000 Of the public money. We re-
commend Congress to look closely into this matter
before they grant any money, and to see especial
Iy whether the Chiriqui company have any rights
at all which the government Of New Granada is
bound to respect.
The exchanges at the Bank Clearing House this
morning were s22,775,o7o 65, and the balances
81, $685. "a.
The business at the Sub Treasures Office to-day
was as folows-
Receipts. 1856 ,09s 03
FOR Customs. 90 1se -