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. "" '' " llll I '- . . - ' " - . " CHARACTER IS AS IMPORTANT TO STATES AS IT IS TO INDIVIDUALS J AND THE GLORY OP THE STATE IS THE COMMON PROPERTY OF ITS CITIZENS.' HOLMES & BAYNE, Editors ana Proprietors. FAYETTEVILLE, SATURDAY, FEBRUARY 20, 1841. Volume 2. Number 104. TERMS or THE NORTH CAROLINIAN. ier annum, if paid in advance, $2 50 Do if paid at the end of 6 months, 3 00 Do lfpaidattheendofthcyear, 3 50 Rates of Advertising : -Sixty cents per square, for the first, and thirv cents .r ech subsequent insertion. A liberal deduction will be made to advertisers bv tne yar. Court advertisements and Sheriff's sales, will be i hafed 25 Per Cf rit- higher tlian the usual rates. All i advertisements aent for publication should have the number of insertions intended, marked upon them, otherwise they will be inserted until forbid, arid charged a.cenrH nov t No paper discontinued until arrearages are paid, except at the option of the Editor. No inscription received for less than twelve .months. IcjMLelters jsa business connected with this estab- msui, muBL -uc jaaaressea holmes bl Hatne. Fayetteville FEMALE SEMINARY. MAIrJ9w?c,Ined furt supervision of the t , FEMALE SEMINAItY, it s but just that 1 should express to its former patrons and friends my co-ifldenco, that in th hands of Mr. Spencer, it will be conducted with ability and faithfulness, on the ffenerat n'an hrnfnr. .... .. i a o as a teacher, is laborious, accurate and persevering. " , .- it. W. BAILEY. THE Subscriber will open .the Seminary on the 15th of October next, and beprs by giving his entire and exclusive attention to the biisinnxa aided in each department by competent, efficient FEMALE TEACHERS to merit the patronage heretofore bestowed. In regard to the plan he in tends to pursue, he has only to sav. at oresent. thnt he is DETERMINED to sive a course of instruc tion in each department as THOROUH as possible The Academic year will be thesame as before; com mencing on the 1 5th October, and closing on the 15th July, and divided into two sessions. Prfnila charged from time of entrance to close of session. X-dltors of the Nerth-Carolinian, and in all cases and no deduction made for absence, except in cases post-paid 53 Subscribers wishing to make rmittanr by mail, will remember that they can do so free of postage, as postmasters ar authorized by law to ?raH letters enclosing remittances, if written 1 inmscivcs, or the contents known to them. of sickness. by Prices of Job Work : Handbills, printed on a medium, royal, 2r"P-r royal sheet, forSOcop'e?, $2 50 Vr30 copies, 3 00 Aad for every additional H0 copies, l 00 HORSE BILLS, on a sheet from t to IS inches tare, 3 crpic-6, 3 00 Over 18 inc hes, and rot exceeding 3J, " 5 00 CARDS, large si. .e, sinhs pack, 3 00 And for every additional pack, 1 25 Smal'er sizes in proportion. BLANKS, when printed to order, fur 1 quire, 2 00 And for every additional quire, under 5, 1 00 jxceeaing & quires, 75 CIRCULARS, INVITATION TICKETS, and all kinds of BOOK & JOB PRINTING, executed cheap for CASH. THE FOLLOWING B L A N K S! Kept constantly on hand .AND FOR SALE AT THE orncE : CHECKS, on Bank of the State, an J Capo Fear Bank. PROSECUTION BONDS, Supr. Ct. MARRIAGE LICENSES VEND1 EXl'O., constables levy COMMISSIONS to take depositions in equi ty, and Supr. court APPEARANCE BONDS WRITS, Superior and Co. Ct. CA. SA. Supr. Ct. INDICTMENTS lor Aff ay, and Assault tiad Pattry. Co. and Sup.-Ct. CER.TIFIC ATE?, Clk.' Co. Ct. JURY TICKETS ORDERS to oversee rs of Roads BASTARDY BONDS TAX RECEIPTS WITNESS TICKETS EJECTMEN TS PATROL NOTICES LETTERS of ADMINISTRATION Bonds Deeds, common, She rift' 's Deeds, . - , m' Constables Ca. Sa. Bonds, Do Delivery do Appeal Bonds, Kauity SubpcEnas, Superior Court Fi. Fa. County Court Sci. Fa, to re vive judgment. County Court Subpnas, Superior Court Warrtnts, Bonds for Col'rd. Apprentices. T JE 11. JIS In Advance. elementary Department, or Se cond Class, First Class, French Language, Drawing and Pointing, Music on the Piano Forte ac companied by the Voice, Music on Guitar, Use of Piano, Incidental?, $3 00 per session iti 01 10 00 10 00 August I, 1840. 25 00 25 00 3 00 50 G. SPENCER. 75-t t Splendid Lotteries D S. GREGORY, & CO. MANAGERS. 40,000 DOLLARS VIRGINIA MONONGALIA LOTTERY, Class A, for 1841. To be drawn at Alexandria, Va., on Saturday February 6th, 1841. -BRILLIANT SCHEME : $5,000 - .. . 3,000 2,500 2,29? - - 1,000 3,00 200 PliiNO FORTES. A GOOD Assort mcnt of Piano Fortes may con stantly be found for sale at the Female Semi- nary, inquire of the PRINCIPALS of the SEM INARY, or of Col. S.s T.HAWLEY. r ayettevUlejNov. 30 J 833. 40 tf. prize (C it It Of 1 1 1 1 50 50 50 Tickets only $ 10 Halves, $5- Qrs. $2 50 Certificates ol Packages of 26 whole tickets, SI 3 J Do Do do 26 half do 65 do 20 Quarter do 32 50 LAND ! LAND ! LAND ! I NOV ofler for sale a v ry valuable farm on the Eastern si:le of Cape Fear River in the coutv ot B'arlen, about 16 miles below the Town of Fay ettevdle, and immediately on the River. Th.-re are 76') acres of land (rive r survey,) and 12 acri-s of back land jommir the same. About 250 acres were in cultivation thpres nt year, and there are suitable buildings for the convenience of tlv farm. Persons are requested to examine the same before the crop is housed, as ihey can thon jurlee properly of its production. It is unnecessary to say it is a first rate faym, as all will bo satisfied of thnt f-.ct when thev see it. Terms will be mnde to suit the conve nience of the purchaser. JOHN T. GILMORE. Fayettf vihV,Oct 31, 1S40. 83-tf The Observer will copy. dlaH FORTY of $1,500. Virginia Wellsbursr Lottery, Class B, fur 1S41, I o bo drawn at Alexandria, D. C, on Sat urday, 13th February, 1841. GRAND CAPITALS. $35,295 $10,000 1 prize ot 5.CO0 4,CO0 3,500 3,C35 3,CO0 40 Prizes of $1,500 50 of 200 Tickets SIO Halves 5 Quarters 2 SO, Ceitficates of packages .f 25 wh.la tickets &I30 U- do 2 hdf do 65 Vo do 25 Quarter d 32 50 1 1 1 1 tt FIVE DOLLARS REWARD. A IN Ul'V 011 the 22d met.. From my residence on the 2S $30,00 O! PRIZES OF 92000 VIRGINIA LEF.SBURG LOTTERY Class B for 1S41 Cape Fear River, 8 miles above To be drawn at Alexandria, D. C. on Salur- PRILL.. He is a little bright .counp'ecied, with thick busby hair, very bow-leried, when walking rocks very much, anl has a sreat impfJiment in his speech, partic ularly wh'-n frightened. Said boy is about five feet five or six inches hirh, and wci hs about 145 lbs. ; aed about 30 vears. The above reward will be paid for his le'ivevy to mo at -my residence, or for confining h m in any 'Jail so that I set him again, and alt reasonable expenses paid. It is more than probable that he may make an attempt lo co to Mr Arch'd. McArns, Robeson County, near Gi!chri?t's bridg", who owns one of his brothers, whither he has made the attempt toao heretofore. Henry r. king. October 31, 1840. f8-tf GRAND CAPITALS $30,000 $10,030 Prize of . $6,000 5,000 3,0)0 2,500 2,195 TWENTY-EIVE TRIZES OF 2000. Tickets $10 Halves $5 Quarters $250 Cestificiitesofpacka-s of 25 whole tuki ts 130 Uo do 25 halt do 6j Do do 25 Quarter do 32 50 1 1 1 I 1 t. EXCHANGE HOTEL, Clint on, Tfortlk Carolina. THIS Establishment wIi be open after th SOth February, undr the SuDSrintenderce of the subscriber. WM.McKOY. Clinton, Feb. 10, 1841. . 103-3mo. LIME. tfmtfll Casks Thomastown Lime, for sale, geo. McNeill. Feb. 12, 1S41. 103-tf POTATOES. P(Th BUSHELS POTATOES. Afvr arn twvfti .T. Feb. 12, 1841. 103-tf Political. NEW GOODS. WILLIA JI M c I S T Y K E TTTT AS just received and ofi r for sale, Superior U U Rlack, Invisible ixrcen cc'tsiue vioms ; i.-u-vrr & Piht Cloths ; Double-Mill'd Drab & Lyon Skin, Sattinnetts, Kentucky Jems, Strong Twill'd Keyeymerc, Flannels, Veetincs, Blankets, Blanket-Coats ; French Merinoes Jk. Circassians ; Cali- , oes, Musiins, Mouslin D'Lains; Shawls; Plush, Musk -Rat Seal-Skin Caps; Wool & Russia Fiir Hats ; Boots Shoos ; Hoods &. Florence Bfaitl B mncts. . GROCERIES. Teas, Lof-S2r, Wines & Liquor?, Cheese ; Raisins, half & quarter Boxes-, White Figs in Boxes; Window-Glass, Potty & Whits Lead. Hardware & Cutlery. Carpenters $ Blacksmith's Tools; Collins, & Cr'. Axes, and Whettrrior's Cards, &c. Fayetteville, Dec. 1 2, 1340; . M-I.igt LANDS FOR SALE. (y Bea ts of the Court of Equity. I SHALL expose for sale at public Auction, a: the Court House in the Town of Fayetteville, nt 12 Mock.M. on Monday the first day of ch 1841, (it beinsr the first Monday in the month,) the follow inar-raWble real estate, to wit: - The lot and store on Hav street, joining Kyle s t p escnt occupied by Wi liam Watson. . Warehouse on Franklin street, joiningThomasJ. Curtis MOUNTAIN BUTTER. h Firkins (assorted.) Some vorv pur erior," at prices from 5 to 16 cents per pound ! for sale by - GEO. McNEILL. Nov. 24, 1840. STOVES & STOVE-PIPE rniHE Subscriber has on hand, and flers (brsa e, U the larsest assortment of STUVES ever be fore r.ff red in the State, cnnsi-tin.r of Bx-Stoves, Six. Seen and Nine Plat ed Stoves, Builinff, Bakinff and Cooking Stoves, of the most approved patterns, Chu ch Stoves, suitable HHH for Churc'ies, Court and gfcchnol Houses, Manufac tories, &c., assorted, from 18 t 36 inches in length. ALSO, Pipe and Fire- ri xr v,nm- wiU an assortment of Stove-Pine L l.i;r; i' ni'iintni - and Elbows, together with a.largfe and vert general J A PANNED and PLAIN TIN warn, at WHOLESALE and RETAIL, all of which he will sell on the best terme. ftTFHe still continues to manufacture every ar ticled the COPPER, TIN and SHEET IRON ... . ra lino t ttif shortest notice. """" " y- JAMES MARTINE. Fayetteville, Nov. 27, 1840. 92-3m $5B 9 IN QDuDOD 9 FIVE prizes of $10,000 ! 14 drawn numbers out of 75 ! ! VIRGINIA MONONGALIA LOTTERY, Class B, lor 1841, To be drawn at Alexandria, Va., on Saturday Fehiuary 27, 1841. 10,000 io,ono 10,000 10,000 10,000 2 of $5,000 $2,500 $2,120 25 Prizes of 81. OOO 20 of $500 20 of 40030 of 300 40 of 250 &c. &c. &c. Tickets glO Halves, S0-uarter S'2 50 Certificates ofpackaaes of 25 whole tickets, 8 1 '20 Lto do 2 halt da . tu Do do 25 Quarter do - ; 30 1 1 " 1 1 " " - 1 " - LAFAYETTE HOTEL. Favetteville, Nortb. Carolina. fTHHlS ESTABLISHMENT will be open after II tl.o isf of August, underthe management The" lot and store on Market square, at present and direction of the Su bscriber. The Houae ' has occupied by John B. Marsh. . been thoroughly repaired, and will, in a W8. "he lot iind dwcllin- house on Union street and be weM furnished; and every effort will be made to 23-tf . - t v .eont r.iinierl hv William S. I l ...Arthir rr nn t rnna ere r - - v " EDWARD YARBROUGH Tho term of the Sale will be Nbtes negotiable and payable at the Branch of the Bank of the State in this fdace.to be approved by the directors thercot. ,n th.s PgCH,?Am T. SMITH, c. & m. e. Faytterille, February , 1841. 98 tds. GARDEN 1E. B J . TJST RECEIVED an assortment of Garden a ... "i 1ft "19. JtrfThc, 'Aii?nstaChTonicle Ceekly,) Raleigh Renter and Standard, Wilmington Advertiser, r,Ko.rjitrh Patriot. Salisbury Watchman, and "m ' n..-,..iin. vi-it I insert the abuve three months Vllriaw , - . . i .-. t A tlin .nK.frihpr. and torwara uien w -- E. Y. For Sale- f--Beinff desirous of embarking in an other business, I now offer the establishment of the Wilmington Advertiser lor sale. T An not know of a more eligible situation for persons desirous of embarking in the . . :..;n kna nMs. than W lltninaion, xonn f TVrttt & Starr hems oisoitcu i r : 'nrr.uJr Mr WiHiamNottofaaid firm, Carolina. NOTICE. ny rw I Subscribor, as Surviv aafd firS to present them for paymenand to all ZSLSiZ o them, whose notes a account. aecordins to saw of We nrro mu- o Ana Terms accomodating. paid. '. Wilmington, N. C. Applicatioti post- F. C. HILL. .,. J96-tf. Law. Surtirtng Partner. w Pay tlic Printer-3 DISTR 1 BUTIOX PR OTECTIVE POLICY. SPEECH OF MR. WRIGHT, OF NEW YORK, In Senate, January 21, 1S41. Mr. Crittenden having addressed the Senate at much length, animadverting upon the measures of the prcseut Administra tion Mr Wright said it would be unnecessary for him to say that he had not power to an swer the remarks of the honorable Senator from Kentucky who had just taken his seat. Mr Crittenden. He Mr W right had beeu too long there, and was too well known in that bodv, to attempt to follow the lively course of remark the keeu and cutting sa tire of the honorable Senator from Kentucky. His was a more plain an J humble part that of facts so far as he understood them, and of argument so far as he was able to bring argu ments to bear on those facts. He confessed he was unexpectedly, called upon to address the Senafe ia immediate reply to the Senator from Kentucky. The Setiator on his right, fMr Buchanan, to whom the appeal had been more particularly directed, had yielded the floor to him fur a particular purpose, he not being prepared, as He (Mr W.) was not, without examination into the facts, to answer the remarks which had been made on the sub ject of certain items of public expenditure. He should discuss but one single topic, first briefly noticiug, and very imperfectly, some of the remarks of the honorable Senator from Kentucky. But fiist it was due to him self that he (Mr Wright) should offer his hum ble apology for an interruption of the honora- le Senator, not that it was noticed by the Senate, but because it was discourteous on his part. Still it was a compliment . to the gentleman's powers as a debater, fr it was an interruption whi-h nothing could have drawn from him but the rapidity and force with which he was rushing to conclusion1 calculated to arry his hearers along with him, and to lead the Senate, as Mr Wright thought, to erroneous impressions upon the points he was discussing. Hence the in terruption, tor which he sincerely asked his pardon. fMr Crittenden courteously remarked, in an under tone, that apology was wholly un necessary. Mr Wright continued. 1 he honorable Senator then told the friends of the present Administration, they had attempted to sneer at the now dominaut party. Now, if he had said or done any thiug which should seem to have given the houoi able Senator just cause for such an imputation, he had said and done what he had not intended to say or do. He (Mr Wright) now stood in a minority in the country, and he had been called upon, on various occasions, since the meeting of Vne Senate, to say that he desired o demean himself, with all becoming modesty and hu party must do ri&ht, or bo overthrown. He appeals to the public judgment of .the freemen of the country. Mr Wright cheerfully ac knowledged the propriety of the tribunal, and its perfect jurisdiction, while he believed the representatives of majorities might be some times wrong, and that constituent majorities were easily changed by over confidence on the part of their representatives, and by conse quent measures having more reference to interests and classes than to our eutire con stituency. Another position of the Senator, in the course of his interesting argument, was that they (the present majority) "as a dying party, upon the last stage of their condemned term," were endeavoring" to do what? To occupy the ground of the future Administration, and to forestall its measures. Was that so? Had the history of this very short period, in which they had the pleasure of sitting together, war ranted such a charge? Thev had, it was true, introduced the measure under discussion a pre-emption bill a protective pre-emption.: and this, it was true, in that respect, was a novel feature ia a settled policy of the -retiring Administration. What were the great measures of policy, as he believed for no man could speak with aDy certainty on the subject which were looked to by the whole country as the measures of the coming in Administration? A destruction of the sys tem of finance of the preseut Administration, was, he supposed the most prominent. Here they (the preseut Administration) responsible tor presenting that He knew the other honorable Senator from Kentucky would dis charge them from such an accusation, for he would feel honored in acknowledging that he had himself called upon them (the present majority) to undo what, with intentions as pure to their country as those which govern the gentleman opposite, they had done. He (Mr Wright) complained not; yet surely they ought not to be charged with attempting to forestall the measures of the coming lu Ad ministration. Thus fur, the resolution to re peal the law establishing an Independent Treasury for the country, was thrust upon them almost as soon us they were in their seats, and from one of the great leaders ot the opposition to that strictly constitutional aud truly republican measure. .Next as to this proposed distribution to the States of the proceeds of the public lands Was not that looked upon every where as one of those measures which would be favorite aud prominent with the coming iu Administra tion, and as a measure against which the ex isting Administration was known to have sustained an immoveable opposition: tvere they then to be charged and he would ob serve, if he should appear to speak warmly that he spoke with no unkindncss ivere they to be charged with bringing this measure he fore the Senate, aud, by acting upon it, with fore-tailing the measure- and policy of the new Administration? Certainly not The honorable Senator from Kentucky Mr Crit tenden would concede that it was through his agency, and not through the agency of any friend of the present Administration, that this quest ion has been forced on this body, and calls for its actiou and its judgment. . Taking the facts, then, as they stood, were the friends of the Administration chargeable with forestalling the policy of the triumphant Administration which was now so near It had seemed to him that they were hot. There were many other remarks of the honorable Senator which he might notice, but he would return to the question before the Senate, for the purpose of discussing briefly the single point which had culled him lo the flpor. The proposition before the Senate was to recommit the bill to the Committee on Pub lic Lands, which had reported it, with i.UJ'truc tious to report a bill to provide for th distribu tion of the proceeds of tho? j lauds to the States, as a patt of the in ottuctious proposed. The point he wished uow to discuss related to this part oflho instructions; and although, at the commencement of the debate, he had proposed to n'lmself to discuss this whole sub ject, ot distribution, his present intention was to examine one single ground upon which the policy of distribution was urged. He had been pursuaded to take this course, at this time, because he had seen the short For Tickets and shares, and certificates of Packages in the above splendid Lotteries, address I). S- Gregory, & CO. Managers. Washington City ', D. C. Drawinzs ent immediately a;tcr they are over all who order aa above. NOTICE. Trust Sale. To be sold on Friday the 26th inst. at the Mar ket Hoiee in the Town of Fayetteville, N C. b tween tbe Hours of JO and 4 o'c'ock, on that day, By Virtue of a Deed of Trust made to the Sub scriber, byJohn Atkins, for certain purposes therein mentioned, the flkiwinH Property, to wit: two pieces of Land, on the East fide of C.pe Far River, join- in? F C. Armstrong and otbe about nine miles above the Clarindon Bridge containing about 424 Acres more or less SAMPSON BOON, Trustee. "Fayetteville, 4. Feh'y. 1841. 102-3ta. mil It V ill thnt ll''.rinrliinato fnnAit inn kut vol v r,..Kt .u- k,...ru k.. ,k;i period which remained for the transaction of thr.l honorable gentleman was presenting to business during the present session of Con- .1 1 OAA f ft UAifiQ Ilia ciflo tr larrr V im lI 3 VI ""'"' body to be sneered at, that 1,100,000 free- H,c V1C J -. -i.i,, nre-pmntion bill for its nassa.oe. mAr, o a minrkrirv mionr inni: nnn cmua i I 1 I o though thev should not sSeer. He admitted This should conlrol his PresenJ action? but that The Administration, which was to come M debute should take a d.flereut direc : ,i. iiK ,.r !t.h . ;.. u.. uon, or u ne suouiu ruiaiu a seai m wc o ..-i I tko ko,i naie, ana a iuiure occasion miuuiu muc, v aci j ihii uinu uii n iiiv ii uou pitLC" t f iVt ded it; and he would tell those gentlemen j" " ' and he did it with feelings of kindness that P?cy; he might then claim the privilege of thev cm in. in th face of a minoritv. in gmo?18 sentimenis at large upou tu J J 1 nnoAf4 amAOClrA 1 11 All if O flrkAT'tC nnmhnrui rrr,norl ir.n. tniich mnrfi nnwrfnl . - I 1 7 I . . . . . , ?!!. than anv nrevious Administration ever vet At the present time he would consioer oui y - ... - l 1 - I 'm. ....v nft. T.pt. then, on all hands, tbe admnni- one ot me arguments ny wnicn u was UFPU'' tion of the honorable Senator be looked to; ted in the country, and in the minds of a for while it does not belong to the minority to portion of the constituency of the present sneer, the majority have not advantage enough to swagger. T.he great sea of public opinion cannot bear deep agHatlon, without some dan ger of a change of power, wheu the difference between the contending parties is so small. L.oco Foco FRICTION MATCHES. mr Jfli. QltOSS. HOLMES' Improved Fric- 3MV tion Matches, jut received, and fiir sale bv the Gros or Dozen, a superior ariic'e. and ,rrntriL Aoolv to JAMES MARTINE. A Ibnstant supply of lb above keqpt n hand, and wilt basold low, to sell again. . . ''. Fayetteville, Septeimter 5, 1840" - 80-tf CemtTTfa Ho referred to its connection with what is familiarly known as the tariff, or the protective policy of the country. It must be known to many ot tne memDers ot tne two Houses of Congress, that with a large por- and a change often per cent, may easily be tion of the people of the New England States, ivrnnont aTflinsi mm wno aares excite mis i auu -& mmnBA mass rtf mind, even uoon the sur- I to portions of his own and other States,, this face. Let all, then, look well and carefully policy of the distribution of the proceeds of to their measures and to their policy. He the tanas was popular, not so mucn lroraany took the reproof, or desired to do so, with love to the appropriation and application: of which lhe honorable Senator had favored these proceeds, as from a wish to have that himself and party; and he would be very glad amount, whatever it might be, subtracted from to profit by it. At the same time he wished the Treasury, that there might be an occasion to impress the honorable Senator and his to increase ditties ?n imposts to n equal trieBuS Wim tne paipaui ruiu uiu a miwuj i in the tariff State, must, it would be .seQp; at ouce, rest upon the supposition that tbe more duties there were imposed upon imports, the more protection must be afforded to domestic manufactures or products, coming in come petition with the imports thus burdened v.ith duty.. Ts this a sound inference? He was aware tbe inquiry was addressed to those Se nators who represented States favoring the protective policy. He was not sure tlte posi tion was sound or practical, but it seemed to him to be both. He was also sensible that it might, at the first imprcssiou, t-trike , the minds of tbe Seuntors from the anti-tarrfF States as being an argument, if it bad, any force, in favor of the policy of the distribution He entreated all to listen to the suggestions, and to take time to weigh them well, befbra they should be made the ioundatoin of offciar action upon cither sido of this important qucs tion. When, then, does a duty co&incneo .to ? protective? Is it ao either to oxff manxffacto rer or our producer, while the foreigner has tbe entire kikd - exclusive possession of our market, for the sale of Ms manufactured ar ticle, or foreigu production? All tftouk! no. The duty, under such a state of tbirge,' might fiil the public Treasury, but it could not, in any possible sense, protect any domes tic interest. The operation of the tariff of duties must commence to be exclusive ntid' prohibitory before it can begin lo bo protec tive. It must, to some extent, shut the foreigner from our v market, aud open it tc the domestic manufacturer and producer, bc- ore its protective features can be at all valua ble; aud when this process once commences, the farther it is carried in its exclusive and Hohibitory actiou, the more protective is the tariff under which it takes place. But what may be the effect upon the reve nue, of this protective action? In the precise proportion in which it is exclusive and pro hibitory, it must diminith the revenue upon imports, lu other word.s, as far as any tariff .shall be protective in its action and effect, just so far it must be a tariff not the most per fectly fitted tor the purpose of revenue. TL bat tariff which is best adapted to lhe purpose of revenue, by itsclt considered, must be that which promotes the greatest amount of impor tations and the greatest amount of revenue combined. That tariff which is best adapted to the responsible purpose of protection is the one which shall place Amciican and foreign iutc rests of the same character upon a par in our own markets, and this ia the least which the tariff interests can desire. - ,- Try , then, the policy of this measure with these interests. It is now proposed to sepa rate from the Treasury, to give away, the revenue from the lauds, our principal source of internal revenue, and that for the puiposo of affording an opportunity to impose higher duties where protection is desired. This is acting upon the principle, not simply that the higher the duty the greater will be the protec tion, but also that the higher the rate of duty the greater will be the amount of revenue re ceived. A single reflection will convince any one that this will be true only while tbe foreigner has the exclusive possession of (he market, and, by necessary consequence, tbe duty is not protective at all. If the high' rjite begius to exclude the foreigner and lei our own produce or manufactures compete with him in the market, the question of revenue immediately becomes incidental, .and its amount will depend, regardless of the rate of duly, upou the advantage which tbe state of trade ana ot i&e market gives to the foreign, or the domestic parties, at any given period. If the protective influence shall predominate, .e foreigner will be driven from tho market and the revenue will fall. How, then, is it to be supplied? Most clearly,, if impost be the only resort, by a reduction of the rate of duty, until tbe foreigner can again come into the Jomestic market, upon grounds of advan tageous competition. In other words,' by taking from the tariff' its protective and giv ing it a revenue preponderance. Can there be a doubt that this must be the principle of actiou iu all such legislation? How, then, is the principle of protection to be preserved consistently with its action? By giving away, or destroying, all oitr scttrcea of internal revenue, and making our Treasury wholly dependent upon imposts? Or by fos tering and preserving every source of Inter nal revenue, so far as the state of the Trea sury will permit, that when our tariff for reve nue shall, by the course of trade, or exchanffe. or national policy, become protective'; wo may preserve it so, and not be compelled to reduce our rates ot duty, to invite the foreign er into our murkcts, to undersell our bwn citizens, that our Treasury: may be sustained from tho outy to be imposed upon the importa tions? The proposition now under consideration is to give away to the States, to take from the .National Treasury, our richest source of in ternal revenue, the proceeds of the. sales of the public l:mds, an amount of from three and a bait to four millions of dollars annually and to throw that Treasury exclusively upon, a revenue from customs for dependence ancL support. This, too, is proposed to be done; at a time when the whole reveuue from lands; and customs is not equal to the payment T the ordinary expenses of the Government And why is this strange policy to be adopledfc VVhy is this most stable source of rcvenaie to be cut off, and given away in gratuities we are borrowing money to pay the e-tpease of the nation? Among other grounds assigned tfbr the strange policy, one Is that be bad itentioned to favor the protective policy, ,bj 'making thr occasion for rmrffftsed duties tqpott impoTW.
The North Carolinian (Wilson, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Feb. 20, 1841, edition 1
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