The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1874-08-19

in the market without authority of
law toSraise money to defray the an
nual expenses Of the State government.
1t also brings to mind the administra-
tion OF the National Government by
the Democratic party from 1S40 to
1861. during which loans were fire.
quently contracted to defray ordinary
expenses in time of peace. and during
the last year OF Mr.. Buchanan ad-
ministration the sum SAG, ,000,O was
borrowed to meet deficits and defray
ordinary expenses. In the light of
this fragrant resolution we may read
the character and purpose of this
whole platform.
CANApIAN RECIPROCITY.
| The draft of a reciprocity treaty
| with the Dominion of Canada, which
has been submitted by the govern
ment of that country to ours with the
appreciation of the British Govern.
.ment, does not meet with my approval.
/ [ bave failed to see IN it any advan'
tages to be gained by the whole eoun
try and especially by the States of
1 TIL e Northwest. but aside from the
mi d terms of the treaty, it occurs to
me that there are political considera--
/ tons OF high character which would
make any treaty Of that kind of doubt
Y ful expediency. While Canada re
mains a part OF the British Empire, |
think she ought to be treated as such
and required to share its fortunes aud
-commercial relations. The proposed
treaty would give to her substantially
the advantages of being a State in the
Union, while she still retains all the
+ advantages OF the British connection
and is to US in every respect foreign
T country. With population of more
than four millions she is quite capa-
BE of subsisting as an independent
people and government, and her ad-
e Aerenee to the British connection, as
We know, springs out OF political con.
| siderations hostile to the Unitet!
: States. Her trade and affiliations are
/ naturally with the United States, and
: for fye months in the ycaf she is shut
out from commercial communicating
with Europe, except across our terri
a tor. Canada does not and cannot
/ flourish III her present political apd
< commercial condition, and this fact !:
c pfessing painI ally upon the minds o
c her statesmen. With Canada indc
- pe.ideut We. can treat as the mutua
a interests of the two countries may die
y tate. All questions of an annexation
( must be postponed until after tha
!, event, TO be then' settled according 4
: The Voluntary and intelligent deter
mutation Of the two countries.
IL with a treaty giving to her the com
mercial advantages Of a State in th
n Union, the period of Ter independen nc
! 4 will be indefinitely restponed; other
f wise it will he accomplished, / douL
" not within the next decade. Aite
o the former reciprocity treaty had bee
ot in operation for eight Years nc ioqn
ni Canada more hosti5c 10 us during tn
rebellion ihan amy ether part Of til
British Empire. 5fe
5sWhile. therefore, Canada rcInaius
part OF the British Empire | am
favor of treating her as such.
The Democratic Convention decla
<. ed in favor OF tariff for revenu
~ intending to have it understood tn;
Al this was II declaration against the po
di55 lev Of protection and in favor OF tri
10 trade. Every man well informed u
~ Oh the subject of the tariff knows til
- tariff for revenue is necessarily
80 tariff for protection. \ tariff for re
enue that is calculated to raise s;
Isl tyao hundred millions Of dollars if
,5s were laid horizontally, that is
the same rate per cent upon Il
We prices or. value of all articles importc
le- would, Iii regard to 4 great number
ic- articles be absolutely prohibitory al
he IN regard to another large class high
lat protective \ revenue tariff, not
lat be pro.ilbitory must be discriminate
u and varied in its character and cann
., be levied at an equal rate upon
sp- articles imported. Several years a
OF Democratic orators in Indiana a
tie elsewhere in order to meet this Il
at insisted that the tariff should
IA placed highest upon ali imported ar
the clcs which were not and could net
ro- produced in the United States, su
ing tor example, as tea and coffee, a
or other articles which were or could
rn. produced IN the United States ",
of to come in free, or that the tariff VI
NJ, them Should be put at point SO
sts, as not to afford protection 20 no
be PRODUCTION as against the import
the article 1t was insisted that if
,rty tariff gave prctectionto home prod
tile ton it would diminish the impor
AIRY ton and thereby diminish the re
ate nue. to the government.
The 1t was so obvious that a tariff lev
the upon these principles would be exc
JDo, sivey for the benefit Of foreign
IL, J . h,t tta5c
'tal Of argument has been mainly alb
lree donca Justice, common sense ;
the patriotism alike dictated that. as
five tariff was a necessity, it should
t # ,levicd not IN the interest Of ioreigr
eed home monopoly, hut SO as to at
by fair aud reasonable competition
lent tween home and foreign industr
rely ne upon competition to bi
r to about reduction of prices to tie |
very pie, and it is upon this principle
tate the Republican party has atteml
with 20 regulate the tariff.
aan THE JARGoN OF TREE TRADE.
'litl- How utterly senseiess is this jar
heir of free trade when addressed to
z an people living in the Mississippi val
OF tar away from the sen and coast? L
!rity we are in Indiana, 500 miles from
'ili nearest sea port However great
are cl cap the facilities for transporta
the may become for our products to
7tter seaboard, this distance can never
an diminished, and transportation II
lem- always be great obstacle and exp,
play in our approach to foreign mar
en- and add largely to the cost of al
import. Here in this great vale,
e have IL soil Of unsurpassed ferti
timber, coal, ores, mineral resou
can of every character, and all the III
de- for sustaining vast population.
ch | almost every variety of industry
, dc. production. And with these INN