Reduction of Duties and Public Debt Endgame in Senate
In the Senate debate on tariff reform and debt, Cray advocates abolishing or reducing duties on foreign articles not competing with domestic goods, except wines and silks. He recalls the sinking fund, praises Lowndes, and argues for reduced revenue, internal improvements, and fair tariff discrimination to protect domestic industry while avoiding monopolies. He notes fraud in tariff enforcement, bagging imports, and urges practical measures to fix valuation and better collect duties.