Oxford Democrat. [volume] (Paris, Me.) 1833-1933, 1884-10-21

ofcct OF oar forelgu trade vii be- beneficial
or iu'arioas. according a. Ne bay ies,
eaough OF 100 much Of foreign prodscv.
oar physlcN resources AMI NORA energies
are ~ great that ws can bear great
tea' OF loss 10 The Way Of foreign traje.
Ani yet thrive Bot there i point Of
d.sAivAntAge arising from this cause, be-
yoni which We cannot fail % breAk down.
Let us uow 20 bach one century. fron
I-,l % ifsa the balance o. traie vas
AZ. usius. Abouiany Millions. Considering
thc .nf.ncy % oar condition, All he pow
erty 10 which we came out % The war Of
ne Rsvoluiloo. his wAs protlglous bal
ancs % be- RENTED In specie a. the only
mole % settlement the efect % which
wss - drain The oogniry Of The little spe.
Gle ne var ha1 lsfl us. ant entAlled uPou
o. a worthless paper currency. and TIE
nation wAs bankrupt Oae state Ansr an.
other. ln - separate action. tired h e.
t41lsh a protective system. oa, fAilei fof
want OF harmony. Virginia, NJ iAst. pro
posed aConseuiion o. The States, - debate
tac expciicncy o. reorganization % The
General Government. which resulted In
the adoption % The Cous,iiutios The
history % The times. a. any Que nav sc,
proves that he chief motive Of this move
meat sss ~ have . gosernmeni with an
pie posers 10 regulate fsrsigu commerce
AT establish protective system, A. sell
10 raise rcvcnse. hence The language OF
ne Constitution
" Congress shAn have power b lsy and
collect tAxcs. datcs. imPosts, AMI II
c.scs. % pay The dsots, AM provide for
ne common dsiencs All general welfare
of The ultet states. % regulate commerce
With foreign natous, etc.
Theafsi General Act % The hfsi Congress
resis
Whereas. u u necessary Cor the s1p-
port 90 goyerumsut. Cor he discharge OF
the debts OF the Tinted States. ani Tor The
encoufAgcment an protection OF msnufac-
lures. hat duties b. aid on goods. wares.
ant merchandise Imported
Th.s subject vas moved Al the earliest op-
portluliy BY Mr.. NAiison. The Fa,her o.
ibe Consuiution. ant The Act ~s signed
ty Prcs.ieni washlngton The tth day o.
JAY. rs, TAis AMI similar acr % legis-
istou rescued An1 saved The eoantry.
TIE perioi from i1so - isni WAS one o.
comparative prosperity. Prom iso7 10
lsl5. with uouimporiA,ion. n0tinisrcoorse
And var upon o.. THIS period wAs Of course
disastrous. the Imports fcl % nom one
hundred All thlriy-eighi milioEs 10 l.oi,
= fay-seven m.rions "a isos. snt the eI.
ports from one hundred AMI eight miliions
10 The former year b twenty-five millions
In TIE latter AMI both continued 10 dwin.
de. az the Imports came down 70 about
thirteen millions AMI the exports % Ao0at
seven millions in isit The balance OF
trade. a. usual. vas against Us. The AZ.
gresaie flr his periOt o. seven years be-
ing over ulnety-one Millions.
PROM ISIS % ISIS. Inclusive. The bal
ancc Was more than four hundred millions
From isl5 % $40 The balance against us
Wa more than one hundred and thirty
Millions The slik alone which We bought
Amounted % over one hundred millions
What a dran tbs was on the money OF The
c0anty A man Who Is constantly buy
Ing more thar he sells, vii ge, into trOu-
Die. II Is precisely The same with ma
ton. such a mans credit. n 10 had been
good. nav sustain him FOR = while, bat
unier such . system % BAL economy, 10
cannot lAst long. II Is the same with .
nation. BY various commercial shlls Of
the people, and BY temporary financial tr.
pedeuts o. the government. . nation that
Is constantly buyirg more than 10 sells,
can patch Up - credit for season but
when IL doe fall. great Is the fall thereof
l. Il possible for \ nation 10 get into con-
mercial difficulty, whose WORK or trade
brings annually balance in is hyori
When Crest Britain failed 10 beat Us In
The field. she took 10 q commercial policy
/ by which she did beat rs We went into
TIE war Of the Revelation " get rid OF 4
system OF direct TAXATION and oppression,
ant came out o. Il 10 b. subject 10 . more
grsvlous system Of Indirect taxation and
oppression And the latter system We have
not got ria % % This day.
EnglAnd commenced the war on Amer
can Manufactures In lc99, and has eontin.
ued Il 70 this presen, time. Lord Chatham
said. In Parliament. he would no, have The
Americas make ahob nail. Another noble
Lord added. nor q rsEor 10 shave their
boards. Lord Broughsm said, In Isle, II
was vel worth while 70 siine In the cradle
those rising msnufaetories In the United
States which the war had forced into en-
istence.
Every true American will daily sppreei.
ate The unbl1shing proposals England has
ever made 10 revive the old system Of Co
louiL dependence. 10 IL their policy u
make and keep rs depsnden, on them II
Is oar policy 70 Be independent Of al the
world. The facts developed In our con-
mercisl history will ye, claim and receive
the grave deliberations Of Congress - "a
what can b done 10 arrest the career Of
buying Of foreign nations more than We
sen 70 them. II Il impossible 10 prosper
under such a system; and this whole M
ton. ere long. will rise with Que voles 70
demand remedy.
The remedy Is 10 enact such regulations
for TIE government OF our foreign trade
ss viii prevent this excess Of Imports and
tarn The tide Of foreign commerce In ouf
svor In other words, II Il the permanent
establishment Of q suitable protective tar
a. The moment protection has been sum.
Client 10 raise domestic composition, The
various articles which We produce have
-.