09 Jan 1846
Page 1
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Newspaper
The Clermont Courier
Location
Batavia, Ohio, United States of America
Date
Jan 09, 1846
Page
1
Printed and published weekly by A. M. Gest. Terms of subscription include one dollar seventy five cents a year in advance two dollars if paid within the year and two dollars fifty cents if not paid until year ends. GP advertisements inserted at usual rates.
In the House Dec 6 184? Mr Stewart of Pa moves to block tariff changes and argues the Treasury Secretary's report attacks protecting policy as unconstitutional. He cites Washington Jefferson Madison Monroe and Jackson in defense of protective duties and denounces the excise on domestic manufacture as harmful to the poor and contrary to the Constitution.
The discussion argues that tariffs reduce prices by boosting supply, citing nails and glass as examples. It warns that duties now exceed the original intent, transitioning from revenue to protection as American industry prospers and prices drop, oppressing consumers.
A fiery speech decries Secretary Walker’s tariff policy as a British style free trade scheme. The critic warns duties would be cut to admit cheaper foreign goods, forcing American workers and capital into poverty while foreigners gain control of the market.
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