Thank you for visiting SNEWPapers!
Sign up free
Editorial
December 29, 1812
Kentucky Gazette
Lexington, Fayette County, Kentucky
What is this article about?
Editorial criticizes Congress for failing to support domestic manufactures beyond words, praises Jefferson's embargo and non-importation policies, condemns releasing merchants' bonds which benefits British agents at farmers' expense, and urges using bond payments to fund the war without loans or taxes.
Clipping
OCR Quality
98%
Excellent
Full Text
KENTUCKY GAZETTE.
"True to his charge—
He comes, the Herald of a noisy world:
News from all nations, lumb'ring at his back—"
LEXINGTON, DECEMBER 29, 1812.
CONGRESSIONAL POLICY.
In Congress—in our State Assemblies—and at public meetings, and on every fourth of July dinner—our great men, have ever professed themselves to be disposed, to encourage DOMESTIC MANUFACTURES.
Now what have they ever done to give Manufacturers permanent support? except by giving them that cheapest of all kinds of support—good words, which always costs nothing.
Mr. Jefferson (God bless him) recommended Embargo—but which the Henivites of Boston drove the Tenth Congress from—Mr. Jefferson recommended the non-importation acts—to which Congress are about to make, as they did the Embargo, a dead letter in the law books, by releasing the merchants from the payments of their bonds—At the same time, the Secretary of the Treasury proposes a loan of 20 millions, by which our country is to be saddled with debts and taxes—when by compelling the merchants to pay their bonds, the war may be supported for two years to come, without loans and without taxes—and still the merchants will lose nothing, because they have obtained the amount of their bonds, by the extra price charged on their goods. If they are released from their bonds, they will become rich, at the expense of our farmers, and our farmers will be compelled to pay taxes, for years to come—In fact three parts in four of the profits thus illegally obtained belong not to real American merchants, but to British agents and subjects, who will soon contrive to ship them off to England.
They and their master, have robbed us long enough—now they are in our power, let us indemnify ourselves, and make them pay the expenses of a war which their misdeeds have produced.
"True to his charge—
He comes, the Herald of a noisy world:
News from all nations, lumb'ring at his back—"
LEXINGTON, DECEMBER 29, 1812.
CONGRESSIONAL POLICY.
In Congress—in our State Assemblies—and at public meetings, and on every fourth of July dinner—our great men, have ever professed themselves to be disposed, to encourage DOMESTIC MANUFACTURES.
Now what have they ever done to give Manufacturers permanent support? except by giving them that cheapest of all kinds of support—good words, which always costs nothing.
Mr. Jefferson (God bless him) recommended Embargo—but which the Henivites of Boston drove the Tenth Congress from—Mr. Jefferson recommended the non-importation acts—to which Congress are about to make, as they did the Embargo, a dead letter in the law books, by releasing the merchants from the payments of their bonds—At the same time, the Secretary of the Treasury proposes a loan of 20 millions, by which our country is to be saddled with debts and taxes—when by compelling the merchants to pay their bonds, the war may be supported for two years to come, without loans and without taxes—and still the merchants will lose nothing, because they have obtained the amount of their bonds, by the extra price charged on their goods. If they are released from their bonds, they will become rich, at the expense of our farmers, and our farmers will be compelled to pay taxes, for years to come—In fact three parts in four of the profits thus illegally obtained belong not to real American merchants, but to British agents and subjects, who will soon contrive to ship them off to England.
They and their master, have robbed us long enough—now they are in our power, let us indemnify ourselves, and make them pay the expenses of a war which their misdeeds have produced.
What sub-type of article is it?
Economic Policy
Trade Or Commerce
Taxation
What keywords are associated?
Domestic Manufactures
Embargo
Non Importation Acts
Merchants Bonds
War Funding
Congressional Policy
Jefferson Policies
British Agents
What entities or persons were involved?
Mr. Jefferson
Congress
Secretary Of The Treasury
Merchants
British Agents
Farmers
Editorial Details
Primary Topic
Criticism Of Congressional Failure To Support Domestic Manufactures And Handling Of Embargo Bonds
Stance / Tone
Strongly Critical Of Congress And Merchants, Supportive Of Jefferson's Policies
Key Figures
Mr. Jefferson
Congress
Secretary Of The Treasury
Merchants
British Agents
Farmers
Key Arguments
Great Men Profess Support For Domestic Manufactures But Provide Only Empty Words.
Jefferson's Embargo Was Undermined By Boston Interests.
Congress Plans To Nullify Non Importation Acts By Releasing Merchants' Bonds.
Treasury Loan Of 20 Millions Will Burden Country With Debts And Taxes.
Compelling Bond Payments Could Fund War For Two Years Without Loans Or Taxes.
Merchants Profited From Extra Prices On Goods, So Won't Lose By Paying Bonds.
Releasing Bonds Enriches Merchants At Farmers' Expense, Leading To Future Taxes.
Most Profits Go To British Agents Who Will Remit Funds To England.
Merchants And British Have Robbed Long Enough; Make Them Pay War Costs.