.. v. n .,(r. i . ,. i- '. TOE BOOK'S LICK TIMES. 1 BENSON & GREEN,1 ";i ! ' Editor l and Proprietors'. if ' .'.: .: .v-,l TERMS. '' ' , ;, - Published' every Saturday, at 3 in advance, or 4 at the end of the yet r. No paper diseontinoed but at Urn option of the editors until all arrearages are paid and failure to give notice (before the end of tbe year) of a wish t discontinue will be considered a aew engagement. . ',.!).,. ", - , 1 KATES OF ADVERTISING. . , ;, One dollar per square, of twelve lines or less for tbe first Insertion, and fifty cents a square for each subsequent insertion. , ' Where the insertion of ah advertisement is or dered, without the number of insertions being spe oified, it will be Inserted, (at the discretion of the proprietors) until forbid, tod charged for accord ingly, i .' - : i I;,, i i. i All-, advertisements from strangers, a well as all orders for jeb-work. must be accompanied with the cash, or a reference to some responsible and convenient acquaintance. ' ' AUTHORIZED AGENTS.' , ' , Speech of Mr. Stewart, of Fenn. , . ,1 ,11;.. 0 r .gj, DEfBWCE or " THE TARIFF AND DISTRIBUTION. Delivered in the Itouti of Representatives of the ! 1 U.S., March, 13, 1844. cOKCLTJDED.J . But, sir, if more revenue is wanted, why not increase the duties on luxuries con sumed by the rich, rather than thus strike down the poor man's labor, and take the bread from the mouth of his children, to make room for the importation of fifty millions of dollars worth of foreign goods? Is this, sir, an American measure, can it receive the support of an American Con gress, or the representatives of the Ameri can people? I call on the authors of this ruinous measure to come forth in its de fence. I call on them to assign some rea son for its ' adoption. I can readily dis cover reasons enough why England should desire its adoption, but they are the very reasons why we should reject it; just so far as it benefits them it injures us; this is a contest between foreign and American mechanics, farmers, and manufacturers, for the American market, and the question is, which ' side shall we .take?. The tariff of 1242 shuts out the foreigner and gives the Americans the market; this bill proposes to repeal the tariff of 1842, and give it to the foreigner; to open our ports and again flood our country with foreign goods, and export money by ship-loads to pay for them; and why?. I again ask ' the com mittee upon what a principle of national policy this measure is sustained? . , The Tariff Democratic--Frce Trade . Monarchical. Mr. Dromgoole replied to enable bare headed people to buy cheap hats! . To enable bare-headed people to buy cheap hatsl Sir, let me, tell the gentleman if he carries, this measure, the poor people of this country would not only go bare headed but bare-backed; they would be doomed, like the paupers of Europe, to go half fed and half clad. The tariff, sir, is "the poor man's law;" it is this and this alone that gives him employment and wages. . Just as the tariff goes down, the wages of labor will go down with it. Re peal tbe tariff adopt the gentleman's fa vorite plan of "free-trade," and you will bring down the labor here, in every de- fiartment of industry, to the level of the abor of the serfs and paupers of Europe. This is certain it is inevitable. As cer tain as the laws of gravitation as inevita ble as that the removal of an obstruction between two unequal bodies of water, will reduce the one to the level of the other Repeal the tariff, and what is there to pre vent our country from being instantly in undated with the productions of the low priced labor of Europe. When hatters, shoemakers, blacksmiths, and all must come down and work as cheap as they do, or give up the market! With the present fa cilities of intercourse by steamships, you might as well attempt to establish higher wages ana mgiicr prices on one siuu oi a street than on tne otner, as to establish and fiUBtain higher prices and wages here than in Europe, under the delusive andEuto- plan scheme of "free-trade." But, sir, this scheme would bring in its train other and more . fearful consequences. Adopt this scheme, and you will soon bring down and degrade Ate now free and prosperous labor of this country, not only to the moral, out to the political condition of the slaves and serfs of Europe. By reducing their wa ges, you deprive the poor man of the means of educating his children and fitting them to be free. By thus depressing one class of your people, you necessarily ele vate another. You divide society hori zontally into upper and lower classes distinctions and titles supervene jealousies and finally hostilities follow, and liberty itself u in the end swallowed up in mon archv. Such are the political and moral tendencies of every step in the direction of free trade. Jhe protective policy ts there fore democratic in its character and ten dencies, it is a policy which promotes equality, not by depressing one class, but by elevating all by elevating, sustaining, and protecting the labor of your own country against the ruinous and degrading effects of a too free competition with the low Driced and depressed labor of Europe, These are views which belong to this sub- icct. and should not be overlooked or disre carded by those who represent the free labor of this country, and especially oy those , who make professions of democracy and love of the people. Now is the time, and this is the question, to test their sin cerity. Those who represent slaves may La excused, dui inose representing tree men will be held to a strict accountability, The duties added to the price, not true. The great' and leading objection to the protective policy is that the duties are aa led to the price, and paid by consumers. This objection lies at the foundation of the opposition to mis poucy; ana, u umounacu, this opposition aught to cease. The dut , ; ' : . . , V ERROR CEASES TO BE DANGEROUS. WHEN REASON IS LEFT FREE TO COMBAT 1T. jErrsiwos. 'y,', 'Viiff." ,, , ';: ;..-.::.;.."f ;f , - fayette, missovri, satukday, may;.4, tsii. . iv. is . added to the price; this is the theory. Now, sir, how is the fact; what says ex perience? All experience proves that this objection has no existence, save in the inv aginations of those who make it. -, Now, sir, I lay it down as a general proposition,' that there never was a high protective duty imposed upon any article, from the foundation of this Government to the present day, the price of which has not been in the end reduced greatly re ducedin many instances to one-half, one third, and one-fourth of what it had been before these protective duties were im posed. This, sir, may seem to gentlemen on the other side to be a strong declara tion; but, sir, I make it deliberately, with a full conviction of its truth, and I chal lenge gentlemen' to disprove it I defy them to point out a single instance to the contrary. Let them examine, and they will find invariably that, wherever the du ties have been highest, the prices have ultimately come down the lowest, and for a ; very obvious reason high duties pro mote competition, and competition never fails to bring down prices... This effect is invariable and universal; but unfortunately the duties always run up as the prices run down; hence the trigbttul lists or duties exhibited by the Committee of Ways and Means, amounting to 200, 300, and 400 per cent. When first imposed these duties were but 30 or 40 per cent.; but now, owing to the reduction of prices, they have run up to 200 or 300 per cent. Byway of illustration take the article of glass, on which a duty of $4 a box was imposed at a time when glass cost 912; this was then a duty of 33 per cent., but now when home comDetitton. induced bv this nrotec- tive duty, has brought down the price to 82 a box, the duty, owing to this reduction of price, is 200 per cent, instead of 33; the same is true of many other articles on which the duty, when imposed, did not ex ceed 20 or 30 per cent., but now, owing to reduction of price produced by home com- petion, they amount to 2 or 300 per cent, When four cents per pound duty was put on cut nails, the' price was twelve cents per pound, and this duty, of course, was 33 per cent.; but now, when the effect of this protective duty has been to reduce the price of nails from twelve to three cents per pound, the duty is increased to 100 per cent.; this is equally true of spikes, rods, wood screws,, &c. Again: eight cents a ard duty was imposed on coarse cottons when imported at 20 cents, being a duty of 40 per cent., but now, when the price has come down to five cents per yard, the duty goes up to ICO per cent. fcir, 1 could go on and enumerate more than twenty such instances where the du ties, though moderate when imposed, now actually exceed the price of the article; yet we are told that in all cases the duty is added to the price, and paid by the con Burner! That is, that the consumer pays 84 box duty on glass that he buys for 82; cents a pound on nails that he buys for 3; and 8 cents a yard on coarse cotton goods lat he buys for 5. Such are the absurdi ties into which these stale anti-tariff theo ries involve their votaries; but suppose what they allege were true in point of fact, and that the , duty is really added to the price, the cost of cotton goods being 20 cents when the duty of 8 cents was im posed, add the duty, the price would be, of course, 28 cents a yard, and the duty only 28 per cent, instead of 1G0 as stated by the committee; hence, if you raise the price five fold, then the duty is quite rea sonable, and there will be no objection whatever to its payment. Let the manu facturer, then, run up his price from 5 to 25 cents a yard, and he at once silences all tbe objections ol the Committee of Ways and Means, as this would fix the duty at 30 per cent., just what tbey want it. But suppose the manufacturer were to reduce his price to one cent a yard, then, the duty, being 8 cents, would be 800 per cent. Horrid oppression! who would submit to pay a duty of 800 per cent.? Who could then refuse to go with the Committee of Ways and Means for reducing such cnor mous duties? '- Absurdities of the Report. But the Committee of Ways and Mean say that the object of this bill is to increase the revenue by reducing the duties; yet, in the very same paragraph, they say, that should the revenue be found redundant, to avoid ; the horrid evils of deposites or dis tribution among the Mates, the duties shpuld be instantly reduced, so as to reduce the revenue to the wants of the uovern ment; at this time, the committee say, there is not revenue enough, and they propose to increase it by reducing the duties; but should it turn out that there is too much, then they say reduce it by reducing the du ties. Thus a reduction of duties is alike effectual with the committee for a reduc tion or for an increase of revenue. Ex cellent disciples of Dr. Sangrado, who had but one remedy for att diseases, "bleeding and warm water. How such a palpable contradiction is to be reconciled or ex plained I am at a loss to conjecture. The committee proceed next to say that it is the true policy of every interest in the country, except manulacturers, to aa vacate the nroDoaed reduction of duties, and they especially name agriculture. Now, sir, in my opinion the reverse of this prop osition is true; agriculture is much more interested in the maintenance of the pres ent protective tariff than the manufacturer, and for the most obvious reasons, high protective duties are calculated to induce increased investment in manufactures; the effect of this ts clearly to increase the do mand for the raw material and bread stuffs produced by the farmers; and the nccssary consequence of this increased demand is to Increase the price of every thing the farmer has to sell, and, by increasing the quantity, reduce the price of manufactured goods. Thus the protective policy enables the farmers to sell higher and buy lower; while, on the other hand, increased com petition obliges the manufacturer to sell lower and buy his supplies at higher rates; yet it is asserted in this report, and in every anti-tariff speech, 1 that high protec tive duties are imposed for the benefit of the manufacturer at the expense of the farmer. Now I submit whether practically the opposite of this proposition is not the truth; and whether such is not the neces sary and unavoidable result of the great laws of demand and supply which regulate and control prices throughout the world. Uut agriculture is still further benefitted by the protective policy. By increasing manufactures, it withdraws a portion of the capital and hands from agriculture, and converts them into consumers instead of producers, into consumers instead of ri vals; thus diminishing the quantity and in creasing the demand for agricultural sup plies, and at the same time increasing the supply and reducing the price of the manu factured goods which they get in exchange. Thus, in every point of view in which the subject can be considered, the farmer is more benefitted than the manufacturer by tne adoption and maintenance of the pro tective policy. By way of illustration suppose in a village there is one manufac turing establishment of woollen goods; here the surrounding farmers sell their wool and other agricultural supplies; the manufac turer, having a monopoly, regulates his own prices, as well as those of the farmers, a t a . he demands what he pleases, and gives what he will; but suppose a high protective tariff on woollen goods is passed, and in stead of one woollen factory there springs into existence hve or six in this village, the existing monopoly is at once destroyed there is six times the demand for wool and provisions; this increased demand ncccssa rily increases the price of every thing the farmer . has to jell, and by glutting the market with six times the quantity ot wool ten goods the price is necessarily reduced Such are the plain and obvious benefits of the protective policy to the farmers; yet politicians would have them believe that they are oppressed and ruined by this pol icy, which can alone render them prosper ous. Mr. Van Bureris opinions on the Tariff. And here, sir, it may not be improper to remark, that Mr. van tturcft entirely con curs with the Committee of Ways and Means. In his letter to the Indiana con vention he says: "The great body of me chanics and laborers in every branch of business, whose welfare should be an object of unceasing solicitude on the part of every public man, have been the greatest suffer ers by our high protective tariff, and would continue so to be were that policy per sisted in, is to my mind too clear to re quire further elucidation;" but he further says, what is much nearer the truth, that high duties are injurious to the manufac turers themselves, for whose especial bene fit we are told by the committee these high duties are imposed. Air. Van Buren says; "Excess of duties, which tempt to an un due and ruinous investment of capital in their business, is injurious to the manufac turers;" and how by promoting competi tion, and reducing prices? but is not this for the benefit ot the consumers; But this is not all Mr. Van Buren says against the protective policy he says, "the period has passed away when a protective tariff can be kept up in this country," that the tariff "increases the poor man's taxes in an inverse ratio to his ability to pay," and that direct taxation is a more equal and just system of revenue than duties on foreign goods. These, sir, are Mr. Van Buren 8 opinions upon the taritt, as pro claimed to the world in his Indiana letter. But let us look into the details and prac tical operation of this bill on the great agri cultural, manufacturing, and mechanical in terests of our country. In the first place it greatly reduces the duties on wool and woollens of all kinds; three-fourths of the duties, and more, are taken from coarse cottons and calicoes; lead is robbed of more than nine-tenths of its protection. But Pennsylvania seems to be singled out for destruction. Her iron, her coal, her glass, her paper, her salt, and leather, are all struck down together, and we are to go to England for iron, coal, class. &c. Yes, sir, in 1842 we imported more than four millions of bushels of coal, under a duty of 81 75 per ton. This bill reduces it to one dollar. Of course you must double, and doubtless you will treble the quantity imported; and for what? To increase the revenue. - A few days ago Pennsylvania passed a resolution unani mously instructing us to go for protection "without regard to revenue. Yes, sir, theso are the words, protection "without regard to revenue; and here we are re versing the rule, going for a bill for reve nue without regard to protection; voting for 20,000 copies of a report in favor of this anU-tarift, anti-American, and tSritisb bill. But this bill greatly, very greatly, re duces the duties on whiskey, brandy, gin and wine. We must import whiskey and brandy for revenue, and give the rich their wine at one hall toe present duty, and they must of coure drink double the quantity or we lose revenue. What say you tern pcrance men to this? You must all get drunk on foreign spirits to increase the revenue. Tax the poor by direct Slate taxation, and let the rich indulge in wine brand v, silks, and laces, at lower rates. - ... No, put the duties high on luxuries, and distribute the proceeds of the land among the states to relieve the poor from taxa tion. Sir, pass this bill to lighten the bur dens of the rich, while you double the burdens, reduce the wages, and destroy the labor of mechanics and the poor, and go home and hear what they have to say on the subject. The following abstract from tahle C, in the appendix to the report of the committee, will show the practical operation of this bill upon Uie mechanical.agricultural, and manufacturing interests of the country: S "2 m 3 9) N o s o S " C Per cent Per cent 50 30 30 20 30 25 55 25 43 SO 35 25 60 30 30 20 30 30 188 30 80 30 82 30 43 30 43 30 30 25 30 25 53 25 37 25 25 15 30 25 01 30 30 20 35 25 120 25 70 25 54 25 67 . 30 44 30 3 c. pr. lb. off. 43 30 132 42 180 38 9)1 75 $1 00 40 30 87 30 42 30 45 30 40 30 30 120 30 53 30 62 30 54 30 77 61 77 31 72 50 56 30 45 30 63 30 36 21 186 30 62 30 165 30 63 30 51 30 Names of articles. EFFECT UPON MECHANICS. Clothing, ready made by tailors Mits, caps, binding and hosiery umorenas parasols and sun shades - , Silk bats, bonnets, Sic. Hat bodies - Hats and bonnets of vegetable1 substances - Childrens boots and shoes India rubber shoes Clocks Untarred cordage Iron cables or chains Cut and wrought spikes Cut nails Brass kettles, (hammered) Japanned, plated, and gilt ware Cutlery ol all kinds Sole leather Calf skins Bricks and paving tiles Metal buttons Hard soap - China ware EFFECT UPON FARMERS. Wheat Beef and pork Cheese Vinegar Pearl or hulled barley Whale or fish oil Wool cos tine over 7cts per lb Linseed oil - - Spirits from grain, 1st proof Brandy, Sic., trom otner mate rials - Coal, per ton EFFECT UPON MANUFACTURERS Wool, all manufactures of Carpetinc, treble grain Brussels Venitinn Other inirrain Coarse cottons, (being a reduc tion of three-fourths) Cotton bagging Uil cloth furniture other kinds Iron, bolts and bars rail-road pigs nail and spike rods vessels cast wood screws Steel, cast, shear and German Glass, cut window, a by 111 12 by 10 Lead, pi 9 and bars Gunpowder The 12th section of the bill provides that after the 1st of September, 1845, all the du ties above 25 per cent, is to be reduced to that horizontal standard, 25 per cent. In 1842, we imported more than four millions of gallons of wine, and nearly two million gallons of distilled spirits." England imposes 2,700 per cent, duty on our whis key, and we, by way of reciprocity, now propose to reduce our duties on English and Irish whiskey (1,650,000 gallons of which, with other distilled spirits, was imported in 1842) to a mere nominal duty! The duty of 25 cents on wheat would also be affected. This bill brings all duties above 30 percent a horizontal taritt, except on a lew spc cifie articles: and in one year more, it brings the duties down to 25 per cent., dis criminating for revenue below that stan dard. This was bringing it nearly down to Mr. Van Buren's standard, established in his famous Indiana letter. His maximum 25 per cent, till the debt was pajd, and then 20 per cent., discriminating tor revenue oc low that amount, but in no case above it for protection. This was Mr. Van Buren s plan, as laid down in that letter, to which he referred gentlemen who might be dis posed to doubt it. Here Mr. S. was interrupted by a call to order from a Van Buren man. Mr. S. said gentlemen seemed very soli citous about order when their favorite men and measures were assailed, but nothing was out of order when it suited their pur nose. Wbv was not the gentleman from Ohio (Mr. Duncan) called to order, when, on a bill to fix the time of holding elections, he had introduced a coon, a dead coon, and had dissected it professionally, discussed it scientifically, inside and out; he had intro duced all the whig banners and flags of the campaign of 1840, and displayed them with creat iomp, circumstance ana ceremony; and all this, in the estimation of gentlemen and of the Chair, was then perfectly in order. Distribution Advocated. From recent intelligence, coming in from all quarters, it is now manifest that we shall have a sumlus revenue at the end of the year, independent of the proceeds of the Dublic lands. If then the tariff yields rev enue enough, as I doubt not it will, why not distribute the land proceeds among the States, to relieve their people from opprcs sive taxation? Pennsylvania, air, owes i debt of forty millions of dollars, contracted in the prosecution or a stupenduous, but ill-advised, system of internal improvement equally important to Ohio and the whole West, and hence she had claims for assis tance on this Government. Mr. McKay said, if she has contracted a debt of forty millions let her pay it'l Sir, if you withhold her share of the pub lie lands, how is she to pay it? Her debt is now increasing, by the addition of two mil lions annually, on account of interest. She could not pay it by doubling and trebling . tne piesentneavy taxation, wnicn now crush her people to the earth., Yes, double the taxes of rennsyivania, and it would not pay the interest of her debt, let alone the principal. As a I'ennsylvanian, therefore, 1 go for the proceeds of the public lands to aid the people of Pennsylvania to pay their debt Pennsylvania has a clear, legitimate, un doubted right to one-tenth part of the land or its proceeds. The population of Penn sylvania is one tenth part of the population ot the union; and if we were to distribute the land itself to-morrow among the States ot this union, rennsyivania would get more than one hundred million acres of the public lands. Would not that be an ample fund in the end to pay off the debt of Penn sylvania thrice told? Now, I claim, as a lieprcsenlalive from Pcnnsylvama.hcr share of the proceeds of the pulic lands; and I hope no Representative from Pennsylvania, who looks at the condition of his constit uents, crushed under this weight of taxa tion, of unceasing and increasing taxation, would vote against it. He thought that no gentleman from Illinois, Indiana, Ohio, Louisiana, Alabama, Maryland, Michigan, Mississippi, and other indebted States, some of them more, and others almost as much, indebted as Pennsylvania, in proportion to their population and means, ought, and he hoped none of the Representatives of these States would vote, to withhold from their people their share of the land, and by so doing, rivet taxation on them and their pos terity forever. Uy the terms of the grants or deeds of cesssion, these lands had been ceded by the States to the Union. And for what.' lo pay the Revolutionary War Debt. And when that was paid, the lands were to go to the States, including the new States, and those which had made the cessions. What docs this Government want with this fund? It has an abundance of reve nue, and if we relieve the people of the States from taxation by giving them what they are entitled to the proceeds of the public lands do we not relieve the peopie of these United States? Do we not relieve the people of this Government from taxa tion, when we relieve the people of the States from taxation? (For the people of the Mates and the people of the United States are the same people.) I submit whether it is not right and fair to relieve the indebted States of this Union from the heavy burden of taxation which is crushing their people, by giving them their share of the proceeds of the public lands. Ihe tantl, so tar as it operates as a tax upon the people, is the lightest form, and least felt, inasmuch as the payment is en tirely voluntary; but the chief burden of taxation in this form is thrown from the people of this country upon the foreigner, who is obliged to reduce the profits and the prices of his goods, in order to get them into market, wherever there is an Ameri can price established bv American labor. But, sir, there is another argument in fa vor of distribution so long as the proceeds of the public lands come into the Ireasury of the General Government, wc never can have a firm, sestled, established revenue pol icy. The fluctuations in the proceeds of the sales of the lands in past years, varying as they have from less than two millions to upwards of twenty-four millions per an num, if they are suffered to remain in the general Treasury, we must raise and reduce the taritt ot the country correspondingly, i would take the proceeds of the lands and give them to the States, if for no other rea son than to relieve the Treasury from this unsettled policy, and to give the country a firm and established revenue system. In 1836, the public lands yielded upwards of twenty-four millions, a sum sufficient to defray all the expenses of Government, and of course creating an immense surplus; then we heard the cry of "repeal the tariff down with the taritt too much reve- nue. But in two or three years the pro ceeds of the lands sunk down to less than two mil,:ons of dollars; then was raised the cryp' -,up with the tariff." Thus, so long as the proceeds of the lands, this uncertain and fluctuating source ot revenue, goes into the Ireasury, nothing can be settled or tix ed in the tariff policy of the Government 1 hope, therefore, the representatives o the indebted States will go with me and vote down this bill to repeal the distribu tion act, and thus relieve their tax-ridden people from the burdens of direct taxation. and at the same time relieve the Treasury from this source of revenue, which unset ties and deranges not only the finances, but the trade and business of the country, air this measure of distribution is equally im portant to the non-indebted States; they receive an equal proportion of the pro cceds of the lands', which could bo applied to purposes of education or of improve ment, or to whatever the wisdom of their people may direct. this measure of distribution is a meas ure of relief to the States, and I now pre diet that we will have two parties in thi country the "relief party," going for dis tribution. and the "anti-relief and tax par hi." i:oinc azainst distribution and for direct taxation. I here were only two ways oi paving the State debts Distribution or Taxation; Taxation, unmitigated Taxation Now. Henceforth and Forever. Which are you for is tho question, and gentlemen must meet it. They must either go for dis tribution and relief, or for taxation and no relief. They have their choice, they must make it and be responsible to the people The improvements made by the Slates and which bad been the great cause of in voking them in debt, are highly beneficial to the United States, in connection with the transportation of the mails, the promotion of commerce among the States, and the de. fence of the country in time of war; and hence, the United States was bound to help pay for them, by giving the proceeds of the public lands. General Jackson advocated the distribu tion of the surplus revenue among the. States, on this ground. He contends, in his message of 1830, with great truth, that the improvements made by the States, "consti tute the surest mode of conferring perma nent and substantial benefits on the whole Union." - Besides, he contends that the money distributed by the General Govern ment among the States, "would be more ju diciously applied and economically expen ded, under the direction of the State legis latures." Such were some of the argu ments urged by General Jackson in favor of this policy which Mr. Van Buren now denounces as a "preposterous proposition," the mere agitation of which, he says, is disgraceful to the character of the Ameri can people, and which his friends on this floor are now voting down, without a word of explanation or debate. What will the illustrious Chieftain of the Hermitage say to this? The Whig and Van Buren Systems. But, sir, we are told that "the Whigs arc a parly without principles." Sir, are not their principles known and avowed every where? On this subject the Whig system is this: Remove from the National Treasu ry that disturbing source of revenue, the Public Lands, and give them to the States to which they rightfully belong, to pay their debts, and relieve the people from tax ation. Then regulate the Tariff, so as to supply revenue enough for an economical administration of the rederal Government, by imposing protective duties on such art. les as we can and ought to supply at home, and revenue duties on luxuries and articles not produced, sufficient to supply the wants t Government, lhis is the Y hicr system. Now, sir, what is the Van Buren system? Just the reverse. It is to refuse all relief to the people and the States, by distribution or otherwise; to reduce the Tariff, and let in foreign goods to the destruction of our own industry; exhaust the wealth and cur rency of the country to pay for them; dou ble the expenses of Government, to enrich office-holders and favorites, and leave the Government again as they left it in 1840, after twelve years administration, impover ished, and overwhelmed with bankruptcies and debts, State and National, amounting to more than two hundred and twenty millions dollars. How was it, sir, during the twelve preceding years, when Whig policy prevailed? Look at the official reports from the Treasury, and you will find, sir, that during that period we paid off 141 millions of the war debt, expended 12 mill ions for internal improvements, and left the country with a surplus revenue of more than 12 millions a year, a sound cur- ency rnd universal prosperity; but in 1828 there came .a change. The next welve years was a period of disastrous ex periments, resulting in the excessive in crease of banks, the ruin of the currency, the inordinate importation of foreign goods, the consequent destruction of agriculture, manufactures, and the mechanic arts, and the involvement of the States and people n a foreign debt of more than 250 millions, which now hangs like a millstone about their necks. The people could stand it no longer; they determined in 1S40 to have a hange to throw off this incubus but, bv an unfurseen event, this was defeated. The period is, however, rapidly approaching when the people will again come to the res cue, and achieve the great object they then haii in view. . But wc are told, sir, by Mr. Van Buren imsclf, that this glorious revolution of 1810, was the result of infatuation, foil v. and madness, on the part of the people. Sir, is this true? Is it not a foul slander on the American character? Is it not a gross insult to the people, and will it not be so regarded? fcir, that election was the csult of a deep and deliberate conviction of the ruinous effects of Mr. Van Buren's policy effects seen and felt, severely felt, throughout this land. The people saw that nothing but a change a thorough changj could save the country from hope less bankruptcy and ruin. That convic- ion has sinco been strengthened and con firmed; and the beneficial effects of the Whig tariff of 42, now rapidly restoring the national prosperity, furnishes new and powerful motives to stimulate and strength en the friends of reform. Sir, if you want evidence, look to the unequivocal indica tions of public opinion throughout the coun- try. Is not the "handwriting upon the wall, in characters so large and legible that "he who runs may read?" In 1810, the people, by the unprecedented majority of 145,000, pronounced judgment against Mr. Van Buren. Can this be overcomo without a change? And where arc the changes in his favor? Where ts the man who voted against him then, who is for him now? or if there beany such changes, are there not two to one the other way? But, sir, if there were nothing else, the pas sage of this bill, withholding from the peo pie, ple, in their time oi nccu, tueir snare oi mo Public Lands, and the attempt to repeal tbe Tariff of 42, and again inundate tbe coun try with foreign goods, break, down our own farmers, mechanics, and manufactur ers, by the passage of this destructive, ami- American, anti-tariff bill, would or itself be abundantly sufficient to condemn any party, however popular, with a vast ma jority of the free, enlightened, and patriot to people or this country. Tho people will not permit any man, or party of men, Jong to trample upon their rights and interests with impunity. 1 know, sir, they have borne much for the eako of party; they have excused bad actions by the ascription of good motives. But there is a point where "forbcarnnce ceases to bo a virtue;" that point has been reached and transcended. The people have decided upon a thsnge, and they will have it. Thry