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Domestic News April 2, 1828

Morning Star

Limerick, York County, Maine

What is this article about?

U.S. Congress, after nearly four months in session, has passed no major beneficial acts; Revolutionary Officers' bill tabled in Senate. Tariff bill debated; Ways and Means Committee reports proposed import duty increases could reduce imports and exports by $10M annually, losing $4M revenue from specific goods.

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CONGRESS.—"Great bodies move slow,"—this may be applied in truth to the present Congress. That body has now been in session nearly 4 months, and we do not know of one single act, beneficial to the public, that has been finally passed upon. The bill in favor of the Revolutionary Officers has been put to sleep on the table of the Senate. This is to be regretted, as we could but entertain the hope: that something like justice would be awarded by this Congress, to that remnant of a heroic band, that achieved the liberties we now enjoy. The Tariff bill is at present the principal subject of debate.—Lincoln Intel.

Congress.—The Committee of Ways and Means presented a report on the 12th inst. in which the arguments of the Secretary of the Treasury in favor of an increase of duties on imports, are examined at length. The Committee, believe, that, by adopting the recommendations of the Secretary, the imports would be reduced $10,000,000 per annum, and that, as the export trade depends upon the import, our export trade would suffer a correspondent reduction. The Committee cannot estimate the loss of revenue from the proposed duties on cotton and woolen manufactures, raw wool, bar iron and hemp, at less than $4,000,000 per annum.—Phil. Gaz.

What sub-type of article is it?

Politics Economic

What keywords are associated?

Congress Session Tariff Bill Revolutionary Officers Import Duties Ways And Means Committee

What entities or persons were involved?

Secretary Of The Treasury Committee Of Ways And Means

Domestic News Details

Event Date

Nearly 4 Months In Session; Report On 12th Inst.

Key Persons

Secretary Of The Treasury Committee Of Ways And Means

Outcome

revolutionary officers' bill tabled; projected $10m reduction in imports/exports, $4m revenue loss from duties on cotton/woolen manufactures, raw wool, bar iron, hemp.

Event Details

Congress slow to act, no beneficial laws passed; hopes for justice to Revolutionary heroes dashed. Tariff bill main debate. Committee examines Secretary's duty increase arguments, predicts trade reductions and revenue losses.

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