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lse to engage in war at home, in con test in which he who commands in chief might not be willing to stop until he should have placed himself CD 3 thfone. He did not fear any misconstruction oi the pledge eentained in the Bill; and lie hoped that the manufacturers would go on aud prosper, confident that the abandonment of protection was never

 intended, and looking to more favorable times for renewal ol a more efficient

 Tariff.

 He saw no ditliculiy putting an esti- mate on the value oicoiton. Congress lays down the principle, and t will re- main for the Secretary Of the Treasury, under the direction Of the President, 10 carry .he law into effect. The rule is prescribed, and he could not anticipate any difficulty in acting uPon 1t. lIe went somewhat at lafge into Statements and arguments to sustain his positiohiA refence to cotton. h the the worst form of construction which could b. put oil the law by the Secretary f the

 Treasury, tiie cotton interest would en joy q sufficient protection uatil the year iS4l. He showed what WeAll be his own construction, which wonlI leave that interest in d still better condition. IL would be competent, however, fer Congress who would again be in session before tfis law could eo into effect, to correct any errors which might he made. In reference to tue powers oi inc Secretary to cause a proper ap praisement to be made, he quoted from the act of lS32; but repeated taat auF difficulty in tl1is natter could be obyia ted by Congress at its next session. lie referred to the reductions which SsQet!d De effected by this bill i'll the article oi Silks, and in other items. But even if the reductions should be down to the revenue point, there was q preservation 10 augment or diminish the revenue as circumstances mig require. He stated that the last series Of gradationsin 1911 would leave the duties on HeaIIens a 3S per cent. 9'hcre Wereg he said, t~o classes of manufacturers. The p8lti- cal manufacturers were unwilling to give up any thing; but there "as moi 2

 business manuaetarer within his kaoNi edge, who WIS net satisfied with thespfe- sent Bili. lie explained his biil ts 70 ing on tbo broad principle of locking 10 the interest of all, and GIT braciug the safety and security of all, and tho con efliation oi the country. He asked i Inc Senator from Massachusetts washot wiling that opposite interests should unite for the purpose of bringing about harmony and good feeling. IheSoath lad given up her constitutional ohiee- lions, and had also yielded the home valuation, and it would not be said, therefore, that there had been no saefi. flee of her interests. There had been, therefore, DO abandonment ata principle. but ali parts of this great family had come together prepared omate mutual concessions for the purpose of restoring | E sls:. h ...ssise..llj.