HUN'INGDON JOUR\AL. - ZictiotcV to C ritcrat act, abtloctioinit, Valittro, Uttcraturr, faoratitp, arto, Szttclucti, aaticulture, tanntscnient, Fcc., tzr.. ..7c1D11,. PUTILISRED THEODORE H. CREMER, ..a' CZioa,Mil6iXl.. The "Jonuxli." will be published every Wed nesday morning, at $2 00 a year, if paid in advance, and if not paid within six months, $2 50. No subscription received for a shorter period than six months, nor any paper discontinued till all ar rcarages are paid. . . Advertisenients not exceeding one square, will be inserted-three times for $1 00, and for every subse quent insertion 25 cents. If no definite orders are given as to the time an advertisement is to be continu ed, it will be kept in till ordered out, and charged ac cordingly. BANN NOTE LEST. Rates of Discount in Philadelphia. flanks in Philadelphia. Bank of North America - B tok of the Northern Liberties B of Penn Township - Ciimmercial Bank of Penn's. F.rmers' & Mechanics' bank K. naington bank Schuylkill bank Meclninics' bank Phil delphta bank Southwark batik Western buck Ma yamensing bank - - - Manufacturers' and Mechanics' bank Bank of Pennsylvania - Girard bank Bank of the United States Country Banks. B tnk of Chester co. Westcht.ster B ink of Delaware co. Chester Built f G,trimintown Germantown Bank of Montg'ry co. Norristown D tylestown bank Doylestown Elston B wk Ktston Farmers' bk pit Bucks en. Bristol par Rink of Northumberl'd Northumberland par Wilesdale batik Honesdale II Farmers' bk of Lane. Lane inter 35 Lancaster bank Lancaster i Lancaster comity bank Lancaster i Bank. of Pittsburg Pittsburg It Merclets' & M ma. bk.' Pittsburg . i Exchfmge bank. Pittsburg 5, DI. do. branch of Hollidaysburg 5 Cola bk & bridge en. Columbia i Franklin bank • Washington 15 Monongahela bk of R. B rown , v ili e 15 Fanners' bk of Reading Reading 5 Lebanon bank Lehi inn 1 Bank of Middletown Middletown 1 Carlisle bank Carlisle 1 Erie bank Erie S 11411 k of Cliamhersburg Cliambersburg I 1 B ink of Gatysbuvg Gettysburg York York bank Harrisburg lemk Harrisburg 1 Miners' bk of Pottsville Pottsville 1 H ink of Susquehanna es. Montrose 35 Farmers' & Drovers' bk Waynesborenli 3 Bank 4 L. wistown Lewistown 2 Wyoming Mmk Wial:sbarre 2 14,tbamptoti bank Allentown no sale Belk; c , ,tinty bank 11 •ading no sale West Brunch bank Williamsport 7 Towanda bark Tf.wanda no sale Rates of Relief Notes. North . ro Liberties, Delaware County, Far mers' 8 , 0. k of Bulks, Germantown par All others - - - - - 2 Furnace (0 Let. The Valley Furnace is situate en Silver Creek,near Pottsville in the Schuylkill Coal Region. Beds or Anthracite Coal and Strata of Iron ore are opened for work, close by the stark. The public railway runs by the works, giving a daily communication at all seasons, with the city of Philadelphia. Limestone is cheaply had by canal or rail way. Die ore is exactly the same as that of the coal fields of Great Britain, from which nettle all the iron is made in that enuntvv. It fluxes very easily. The 6 . black band" iron stone, firm which the Scotch gray iron is made, exists in this coal basin; Ina no search has beee made for workable beds; the discovery being recent. The Furnace is newly built, with a grand steam engine and blowing apparatus. Its yield is about 35 tons weekly, and there is an extensive consumption of Iron in the coal tlistrict. There is no other Furnace in tvnr king order in that region. The Furnace will be rented nn very favor able terms to any person having sufficient capital to condur.l the business properly Apply to 7. S. SILVER. 342 North Sixth street. Philadelphia, April 3, 1844. List of Letters Remaining in the Post 011ie at Hunting don April Ist, 1P44. It net called tor previ ous to the Ist of July neltt, will be sent to the General Post Office as dead letters. Alexander Henry M'(.lenehen Maxell Barnes Mortimer Mussleman Martin Buchanan A m. Muscleman David Cohn Madam • Rouse Barbary .Carbaugh Abraham Reichard John Gnabl. Sam'l Sr Rothrock J , Hazlewond Johu • Strong David Jackson Henry Shnemeker Perry Lum Philip Rev Semple Francis M'Comb John Ty hut st Samuel M Donald Abner E Thompson Taylor John. •From Europe. DAVID SNARE, P. M. April 3, 1044. Estate of Ebnber EL. Barton, late of (Late o/ Shirley 'p. dee'd.) - 1 , 1• 0 I'ICE is li.reby given that letters of ; ;Administration upon the said estate; (GEORGE TAYLOR, have been granted to the undersigned. All 1. ATTORNEY AT LAW, pet sons having claims or demands against the same are requested to make them known , Attends to practice in the Orphans' Court, withouttlehv, and all persons inclehtcd to l Stating Administration acconits,tierivening. make immetfiate payment to I Ike.—ollitte in H ill street, 3 (fools East of ILIEINJ• I.F.A.S, Adm", - ., •'e 1,,,i, re T. tt, , ,. , .. , I' , : mt, ;, '..'.7. VIA t. EcT'TO INVALIDS.xn How important it is that you commence without loss of time with BICANDRETH PILLS. They mildly but surely remove all impurities from the blood, and no case of sickness can effect the human frame, that these celebrated Pills do not relieve as much as medicine can do. COLDS and COUGHS arc more benetiitted by the Brandreth Pills than by Li zenges and Candies. Very well, perhaps, as palliatives, lint worth nothing as ERADICATtIRS of diseases from the human system. The Brandreth Pills cure, they do not merely relieve, they cure. Diseases, whether chronic or recent, intections or oth erwise, will certainly lie cured by the use of these all-sufficient Pills. CURE OF A C ‘NCEROUS SORE, SING SING. Janu ivy 21, 1843, DR. BENJAMIN BRANDRETII: lionoreci Sir,— Owing to you a debt of gratitude that mo ney cannot pay. 1 am induced to make,a public acknowledgment. of the benefit my wife has derived from your invaluable Pills. About three years this winter she was taken with a pain in her ode, which soon became very much infiamech•and swollen, so m ich that we became much alarmed, and sent for the doctor. During his attendance the pain and swelling increased to an alarming degree, rind in three weeks ferm its first commencing it brume a running sore. She could get no rest at night the pain was so great. Our first doctor attended her for six months, and she received no benefit what- ever, the pain groWing worse and the sore larger all the time. He said if it was healed up it would be her death,--but he appeared to be at a loss how to proceed, and my poor wife still continued to suffer the most terrible torttwes. lVe therefore sought other aid, v Botannical doctor, who said when lie first saw it that he could soon cure the sore and give her ease at once. To our surprise he gave her no relief. end acknowledged that it quite baffled all his sant. Thus we felt atter having trii d during one whole year the experience of two celebrated physicians in vain, in absolute despair. My poor wife's constitutiou rapidly foiling in the prime of her years font her continued suffering. Under these circumstances we conclialed that we would try your Universal Vegetable Pills. determined to fairly test their curative i•ffects. To my wife's great I comfort the first few doses afforded great re lief of the pain. Within one week to the astonishment of ourselves and every one who knew the ease, the swelling and the bffla mation began to cease so that she felt quite easy, and would sleep comfortable, and sir, after six weeks' use she was able to go thro' the Ii use and again attend to the manage ment of her family, which she had not done for nearly fourteen months. Ina little over two months from the time she first commen ced the use of your invaluable Pills her ancle was quite sound, and her health better than it had lwen in quite a number. ot years be fore. I send yt u this statement Ott r two years test of the core, considering it only an art of justice to you and the public rt large. We to, with much gratitude, Very t espect par par par par par • r 1 ei ELIZA A. LITTLE. PS —The P. rmical Doctor pronounced the en•e cane, i, and finally said no good could 1)2 done, unless the while of the flesh was cut off and the bone scraped. Thank a kind Providence, this made us resort to your Pills, witch wise 1 its from all further mis ery, and for which we hope to be thankful. T. & A. 1,. Dr. Brandrctli's Pills arc for sale by the, futlowing Agents m Huntingdon county. Thomss Held, Wm. Stewart, Huntingdon. N. & N. eres,w,ll, Petershurt-, Miry \V. Neff. Alexandria, .I ,, seph Patton, Ir. D Hartman Lk Smith, Manor• II ill. S. Miles Green &. ('i.eßare Forge, Thomas Owens, Birmingham. A. Patterson. Williamsburg. PeterGnotl, Jr. Canoe Creek. John Lutz, S r hirlevshurg• Observe e.tch of Dr. liredreth's Agents have an engraved certificate of Agency.-- Examine this and you will Aim; the Ni , AV L A BLE`i upon Ow certi time corresponding with those on the Boxes, none other are gen nine. B. BRANDRETI-I. M. D. Phil'.i. ()Mee S. North Bth St.-Iy. WISTAR'S BALSAM OF WILD CHERRY. Tho beet medicine known to man for incipient Consumption, Asthma of every stage, Bleeding 0 1 . the Lungs, Coughs, Colds, Liver Complaint, and all diseases of the l'ulmonary Organs, may be had of Agents named below. published statements of cures performed by this medicine are, in every respect, TRUE. Bo careful and get the genuine • Dr. Wistar's Balsam of Wild Cherry," as spurious imitations are abroad. Orders from any part of the country should Lo addressed to Isaac Butts, No. 125 Fulton street, New York, AGENTS. rn, sale by Thomas Read, Huntingdon, and James Orr, H.,llid,ysburg. Price one dollar per bottle. r December 6, 1843. ti Rend the following from Dr. Jacob I ktrman , a physician of extensive practice in I inntingdon counts : _ _ Dear'Sit :—1 procured one bottle of Dr. Wistar's Balsvit of Wild Cherry, from homas Read, F.,11. of this place, and tried it in a case of obstinate Asthma on a ' , biki n i Paul Schweble, in which many other reme dies bad been tried without any relief. The Balsam gave sudden relief, and in my opin ion the child is r ffoctitelly cured by its use. Yours, &c. JACOB HOFFMAN, M. 1). Dec. 23, 1841. U 2 ' , :.. e nci..1 ; 1737.t.'3 , 0 12:452, D .ziDzaTar.la 0.,42t.<14 EXTRACTS FROM THE SPEECH OF MR, STEWART, OF PA. IN DEFENCE OF THE TARIFF AND DISTRIBUTION. Delivered in the House of Representatives of the United Slates, illarci 13, 1844. EFFECTS ON FAIDIERS AND MECHANICS. But our present amount of foreign imports, viz: ono hundred millions, is sufficient to supply the de mand ; how then are you to make room for fifty millions more? this can only be done by destroying fifty millions of dollars of our own domestic pro ductions, to make way for that amount of the pro ductions of foreign industry. We must, according to this financial scheme, not only destroy fifty mil lions of dollars worth annually of our productive industry, but we must send fifty millions of dollars of hard cash to foreign countries, to purchase what we now do produce, con produce, and ought to produce at home; and for what? to raise five' millions of revenue by taxation, whirls is not wan ted ! Now, sir, I submit, is this wise, is it an Amer ican policy 1 Is it not rather a British policy, a plan to reduce the duties and open our ports to the importation of British goods, to the sacrifice and destruction of our own mechanics, farmers, and manufacturers? Yes, sir, and this is to be done by an American Congress, and by the representatives of the American people! Can such art anti-Amer ican—such a British system as this, stand for a moment before this free and enlightened people?— Pass this bill, sir, take five dollars off bar iron, and still more oft' iron in all its other forms, and, sir, you will go far to extinguish the fires of every fur nace and of every forge in Pennsylvania. By this bill you will strike down your own mechanics— your hatters, your shoemakers, your blacksmiths, your tailors, your saddlers; in short, all your me ebonies; you will paralyze and prostrate your glass works, paper mills, tanneries, salt-works, collieries, lead mines—your woollen and cotton factories; but above all, you aim a death blow at the American farmers, not only by destroying their home markets, almost the only markets they now have, but what is still worse, you will convert the mechanics and manufacturers thus thrown out of employment into agriculturists, into producers instead of consumers of agricultural productions. When you double production and diminish consumption one-half, do you trot ruin and destroy the farmers of this country? And, sir, allow mo to say,that in a.country like this, where seven-eights of the entire population is enga ged in agriculture, whets agriculture is destroyed, the country itself is destroyed. Agriculture is the great basis and foundation on which every thing else depends; when the former prospers, ell pr.. - per; when he sinks, all the rest, professional men, mechanics, and all go down with him. It is the great object therefore to take care of agriculture, make this prosperous and the whole country will prosper; and how is agriculture to be made pros perous but by building up and sustaining home markets. It is therefore rot for the massufac tutors, but for the mechanics and farmers, yes, sir, fur the farmers, that I advocate the protective policy. There is ono important fact which lies deep at the foundation of the whole subject, to which I am anxious to attract the attest ion of the farmers and politicians of this country, and it is this, that halt; and snore than half, of the entire price of the hundred millions of dollars a year of foreign goods imported into this country is agricultural pro duce raised on a foreign soil, worked up and man ufactured into goods, and their scat here for sale; and that the farmers and people of this country send in this way fifty millions of dollars a year to purchase foreign agricultural produce, in the shape of goods, while foreigners take little or nothing from us; our whole agricultural exports to all the world (excepting cotton and tobacco) do notamount to ten millions of dollars a year; thus, sir, we pur chase five dollars' worth of foreign agricultural pro duce to every dollar's worth we sell; this may seem strange, but it is strictly true; I defy contra diction--I challenge investigation. Let gentlemen disposed to contest it select an article of foreign goods, a yard of cloths, n ton of iron, a hat, a coat, a pair of shoes, any thing, " from a needle to an anchor," examine its constituent parts, the row material, the clothing and the subsistence of the labor employed in its manufacture, and it would be discovered that more than half, often three-fourths, of the whole price is made up of agricultural pro duce. It is a well known fact that rimers often make hundreds of dollars worth of domestic goods, cloths, &c., without using a dollar's worth of any thing not produced on their own farms; goods and cloth thus made are therefore entirely agricultural; and are not the same materials used in the manufac ture of goods, whether made on a farm or in a fac tory ? Mr. S. said he had ascertained the fact from his own books kept at a furnace, that more than three fourths of the price of every ton of iron sold, was paid to the neighboring farmers for their domestic goods, their meat and flour, that clothed and fed his hands ; for their hay, corn, oats, &e., that sus tained his horses, mules, and oxen, employed about Ids works. In England, Iron is made of the same materials that constitute it here; well, wo now im port, manufactured and unmanufacturcd, eight mil lions of dollars worth of iron and steel; say only half its value is agricultural produce, thus, then, we send four millions of dollars n year to purchase I foreign agricultural produce, converted into iron, and ern? vale. while rate earn ronnizy is figed •:r„ with ore and coal, buried and useless, and the pro duce of our farmers left without markets. Will the farmers of this country submit to such a sys tem as this—openlygadvocated and adopted to favor foreign industry at the expense of our own? Will they tamely and silently agree thus to be crushed and sacrificed? No, sir, they will not ; they will speak out against this unjust and ruinous measure; your tables will soon groan under the weight of their remonstrances against it. I call on them to do so ; I call on them to come to the rescue before it is too late. DRITISIS DILL. The avowed object of this bill is to open our ports to the importation of British goods—to favor foreign farmers and mechanics, and destroy our own. Sir, give the people time to be heard, and this bill cannot pass; let it be discussed, and it can never pass an American Congress. There is one way in which it can pass—send it to the British Parliament, and it will be passed by acclamation.— England would give millions to secure its passage. It had recently been stated in an official report, read in the House of Commons, that unless the Amer ican Tariff of 1842 was modified and reduced, Great Britain would have to pay the United S. cash for their cotton, instead of paying in goods as she ' formerly had done; and this bill accordingly modi fies and reduces the Tariff of 1842 to suit the wishes of the British Chancellor, who, while he re commends free trade and low duties to us, takes special care to adhere to his own prohibitory aye tern. While this hill proposes greatly to reduce the duties on foreign distilled spirits, England ex acts a duty of 2,700 per cent. on ours; and this is reciprocity! This bill reduces the duties on tobac co and its manufactures, while England demands 1,200 per cent, on ours, and actually collects 22 millions dollars of revenue annually from our tobac co, equal to the whole revenue of this Government —such is British reciprocity and free trade. Since the Tariff of 1942, the tables with England have been turned ; last year the balance of trade with Great Britain exceeded $13,000,000 in our favor, instead of being about that amount against us, as in former years. The imports of specie had in the last year reached the unprecedented amount, as ap pears by official reports, of more than 23 millions of dollars, most of it from Great Britain. No wonder England and her statesmen were anxious for the re . duction of the American Whig Tariff of '42. No wonder her Chancellor exclaims against the Tariff, and says it will oblige them to send us specie in stead of goods hereafter to pay for cotton. No wonder our country is rapidly recovering from its late depression—that Its course is again onward and upward—that its former prosperity is returning—a , it always had and always would have un der an efficient protective system, but which it Le i-m.lml Ind never would have without it, No wonder specie had become abundant—that the banks had resumed—that exchanges had become equalized and interest reduced—that manufactures had revived—that agriculture was recovering --that the mechanic and every other branch of the nation al industry was fully and profitably employed. All these were the necessary and undeniable fruits of the existing tariff policy—results seen, felt, and ac knowledged throughot the land—yet, in the face of all these facts—shutting their eyes to these great lights blazing up before them—the Committee of Ways and Means have reported a bill to repeal this beneficial act of 1842, and bring us back to the low duties and the low condition of 1840. They hove struck a death-blow at this policy—a policy which had vindicated its adoption by all its fruits, whirls had fulfilled all tlsehopea of its friends, and falsified all the predictions of its enemies; but shall this blow bo unavailing? No, sir, it will recoil and overwhelm its authors. The people who have ex perienced the benefits and the blessings of this mea sure, will not abandon it. Even its enemies are now disposed to give it a fairand full trial, and con demn it only when it fails. Then why not, sir, wait till the people have an opportunity to pass up on this question at the approaching elections?— They will then settle it one why or the other. If the enemies of the Tariff policy prevail, they can and will repeal it, but if you repeal it now, and its friends are successful, it will be immediately restor ed. Then why not let it abide this result? Let it go to the people, let them decide it, and, for one, sir, l ain prepared to acquiesce in their decision. gut, sir, if niore revenue is wanted, why not in crease the duties on luxuries consumed by the rich, rather than thus strike down the poer man's labor, and take the bread from the month of his children, to make room for the importation of fifty millions of dollars worth of foreign goods 1 Is this, sir an American measure, can it receive the support of an American Congress, or the representatives of the American people 1 I call on tho authors of this ruinous measure to come forth in its defence. call on them to assign some reason for its adoption. I can readily discover reasons enough why England should desire its adoption, but they are the very reasons why we should reject it; just so far as it ben efits them it injures us; this is a contest between for eign and American mechanics' farmers, sod mann ' facturers, for the American market, and the ques tion is, which side shall wo take 1 The tariff of 1842 shuts out the foreigner and gives the Ameri cans the market; this bill proposes to repeal the tar iff 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 on) wiry 1 I again an - k the committee opal what principle of national policy this measure is sustained 7 THE TAR Iry namocnaTre—PnlVTllADE MONAOCOICAL. Mr. Dnomooot. replied to enable bare-headed people to buy cheap hate To enable bare-headed people to buy cheap hats ! Sir let me tell the gentleman if he carries this mea sure, the poor people of thiflountry 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 em ployment and wages. Justus the tariff goes down, the wages of labor will go down with it. Repeal the tariff—adopt the gentleman's favorite plan of .. free-trade," and you will bring down the labor here, in every department ofindustry. to the level of the labor of the serfs and paupers of Europe. This is certain —it is inevitable. As certain as the laws of gravitation—as inevitatle as that the removal of an obstruction between two unequal bodies of water, will reduce the one to the level of the other, Re peal the tariff, and what is there to prevent out country from being instantly inundated wills the productions of the low priced labor of Europe,— When hatters, alsoemakers, blacksmithn, and all must come down and work as cheap as they do, or give up the market 1 With the present facilities of intercourse by steamships, you might as well at tempt to establish higher wages and higher prices on one aide of a street than on the other, as to establish and sustain higher prices and wages here than in Europe, under the delusive and Eutopian 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 the now free and prosperous labor of this country, not only to the moral, but to the poli tical condition of the slaves and serfs of Europe.— By reducing their wages, you deprive the poor man of the means of educating his children and fitting them to be free. By thus depressing ono class of your people, you necessarily elevate. another. You divide society horizontally into upper and lower classes—distinctions and titles supervene.—jealous.- ies and finally hostilities follow. nod liberty itself is in the end swallowed up in monarchy. Such are the political and moral tendencies of every step in the direction of free trade. The protective policy is therefore democratic in its character and ten dencies, it is a policy which promotes equality, not by depressing one class. but by elevating all—hy elevating, sustaining, and protecting the labor of your own country against the ruinous and degra ding effects of a too free competition with the low priced and depressed labor of Europe. These are views which belong to this subject, and should not be overlooked or disregarded by those who represent the free labor of this country, and especially by those who snake professions of democracy and lore of the people. • Now is the time, and this is the question, to test their sincerity. Those who represent slaves may be excused, bat those repre sentingframtn will be held to a strict accountabil ity. TUE DETIEg ADDED TO THE PRICE, NOT TRUE. The great and leading objection to the protective policy is, the duties are added to the price, and paid by the consumers. This objection lies at the foun dation of the opposition to this policy ; and, if un founded, this opposition ought to cease. The duty is added to the price; this is the theory. Now, sir, how is the fact; what says experience'! All expo- I rience proves that this objection has nn existence, I I save in the imaginations of those who make it Now, sir, I lay it down as a general proposition, that there never was a high protective duty impo sed upon any article, from the foundation of this Government to the present day, the prier of which has not been in the end reduced—greatly reduced —in many instances to one-half, one-third, and one. fourth of what it had been before these protective duties were imposed. This, air, may seem to gentlemen on the other side to he a strong declara tion ; but, air, I make it deliberately, with a full conviction of its truths, and I challenge gentlemen to disprove it—l defy them to point out a single in ' stance to the contrary. Let them examine, and they will find invariably that, wherever the duties have been highest the prices have ultimately come down the lowest, and for a very obvious reason—high du ties promote competition, and competition never fails to bring down prices. Tho effect is inn:liable and universal ; but unfortunately the duties always run up as the prices run down ; hence the frightful lists of duties exhibited by the Cam. of Ways and Means, amounting to 200, 900, and 400 per cent. When first imposed these duties were but 30 or 40 per cent.; but now, owing to the reduction of pri ces, they have run up to 200 or 300 per cent. Ey way of illustration take the article of glass, on which a duty of $4 a box was imposed at a time when glass cost $l2; this was the duty of 33 per cent., but now when home competition, induced by this protective duty, has brought down the price to $2 a box, the duty, owing to this reduction of price, is 200 per cent instead of 391 the same is true of many other articles on which the duty, when impo sed, did not exceed 20 or 30 per cent., but now, owing to reduction of price produced by home competition, 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.; thiv is 4 , 911;111v tree of spikes, rods. wend .crew &e. ®n® &.yz).. ,ao3a. Again eight cents a yard 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 fire cents per yard, the duty goes up to 160 per rent. Sir, I could go on and enumerate more than twenty such instances where the duties, 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 consumer! That is, that the consumer pays $4 a box duty on glass that he buys for $2; 4 cents a pound on nails that he buys fur 3; and 8 cents a yard on coarse cotton goods that he buys for 5. Such are the absirditiee into which these stale anti-tariff theories involve their votaries; but suppose what they allege were true in point of fact, and that the duty is really ad ded to the price, the cost of cotton roods being 20 cents when the duty of 8 cents was imposed, add the duty, the price would be 28 cents a yard, and the duty only 28 per cent, instead of 160 an stated by the committee; hence, if you raise the price five fold, then the duty is quite reasonable, and there will be no objection whatever to its payment, Let 1 the manufacturer, then, run up his price from 5 to 25 cents a yard, and he at once silences all the ob jections of the Committee of Ways and Means, as this would fix the duty ,at 30 per cent, just what they want it. But suppose the manufacturer were to reduce his price one cent a yard, then the duty, being 9 cents, would be 800 per cent. Horrid op pression ! 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 enormous duties? ABBVIIDTTIES or TOL lIEPOTIT, But the Committee of Ways and Means 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 redun dant, to avoid the horrid evils of deposites or distri bution among the States, the duties should be instantly reduced, so as to redone the revenue to the ',ins of the Government; at this finer, the committee say, there is not revenue enough, and they purpose to increase it by reducing the duties; but should it turn out that there is too much, then they may reduce it by redacting the duties. Thus reduction of duties is alike effeetual with the com mittee for a reduction or for an increase of revenue, Excellent deciples of Dr. Sangrado who had but one remedy for all diseases, " bleeding and warm waters" How such a palpable contradiction is to be reconciled or explained 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 manufacturers, to advocate the proposed reduction of:duties, as they especially name agriculture.— Now, sir, in my opinion the reverse of this proposi tion is true; agriculture is much more interested in the maintenance of the present protective tariff than the manufacturer, and for the most obvious reasons high protective duties are calculated to induce in creased investment in manufacturers ; the effect of this is clearly to increase the demand for the raw material and bread stuffs produced by the farmers; and the necessary consequence ofthis increased de mand is to increase the price of every thing the far mer has to sell, and, by increasing the quantity, reduce the price of manufactured goods. Thus rho protective policy enahles the farmers to sell higher and buy lower ; while, on the other hand, increased competition obliges the manufacturer to sell lower and hay Iris supplies at higher rates yet an it is as serted in this report, and every anti-tariff speech, that high protective duties are imposed for the ben. flt of the manufacturers at the expense of the far mer: Now I submit tvliether practically the oppo sition of this proposition is not the truth; and whether such is not the necessary and unavoidable result of the great laws of demand and supply which regulate and control prices throughout tho world. But agriculture is still further benefittcd by the protective policy. By increasing manufacturers, it withdraws a portion of the capital and hands from agriculture, and converts them into consumers in stead of producers, into customers instead of rivals ; dins diminishing the quantitity and increasing the demand for agricultural supplies, and at the same time increasing the supply and reducing the price of the manufactured goods which they get in ex- Change. Than, in every point of view in which the subject con be considered, the farmer is morn benefitted than the manufacturer by the adoption and maintenance of the protective policy. By way of illustration—sUppose in a village there is one manufacturing establishment of wollen goods; here the surrounding farmers sell their wool and other agricultural supplies; the manufacturer, having a monopoly, regulates his own prices, as well as those of the farmers--he demands what he pleases, and gives what he will; but suppose a high protective tariff on woollen goods is panned, end instead of ono woollen factory there springs into existence five 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 necessarily increases the price of every thing the farmer has to sell, and by glutting the market with six times tiro quantity of woollen goods the price is necessarily reduced. Such aro the plain and obvious benefits of the protective policy to the farmers; yet politi cians would have them believe that they are oppres sed and ruined by this policy, which can alone ten der them prosperous. MR. ♦.tN arwsn's OPINTONI ON TIE TAsprr. r tm t hr•., sir, it map not be improprr t ?Nilotic