F.om Me Ihioa. THE TARlFF.-No. 3.
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The princjples and disiiHctire d0crenccs

 tet'ceca ( ta1iG for rercape and one fur

 Troiecijon considered.

 In my last, in older to enforce more clear ly ihe injustice and inequality of the system O! raising a revenue for the use of the gov erment by the imposition of customs or duties upon foreign imports-pariicular when that system was pushed beyond the real object of raising revenue, and became ''protectiveo in it's ieatures-l attempted 10 explain the difference between ia,iG tar and direct lar; showing that the first was I tax apon the consumption of the country, and therefore operated as tax upon persons all, whether rich or poor, paving nearly equal portions of that tax; and that the lat ter was tax upon rrofer'g, of which each person paid in proportion to lhe amount ol properly he possessed.

 also stated the proposition, that, in the present condition of the country, and in the present state fpublic sentiment on the sub Ject, both oi tie great parties into which the people of this country are divided were in favor of raising the revenues required by the general government, bv a tariff of imposts

 

 time, endeavored to show that there were two tariff theories or systems, one of which was the rerenue tarD system, advocated by the democratic party; the other, the proiec- tice farD systCm, advocated by the federal ol whig party.

 In this communication shall endeavor tc point out the principles and the distinctive 1 differences Of these two antagonist theories orsystems. But, ill passing, Twill seize the occasion 10 repudiate one term, applied by 1 federal editors and orators to the democratic party, (and sometimes acquiesced ill by the latter; ivy the use of which term, much in. l jury has been done to lhe democracy. mean the term "free-trddea The..democrat, ic party, because they desire a reduction o the tariff 10 the revenHe standard, are falsely and perseyereingly denominated '.ihe free traden party. To be candid, believe tha some individuals of the democratic party no only acquiesce in the correctness oi the term as appled to the advocates of a revenue la rill, but themselves denomrnate the democrat ic the lree-tratle party. This term misfep resents their principles. No party in thl' country advocates the absolute doctrines o iree-trade-that IS, an ahoiiiion ol all duties and resort 10 direct taxation. Certainly the democratic party do not, nor do any O its distinguished leaders, including Mr. Cal houn himself. one of the first and abes champions of moderate tariff They pro pose 10 approximate to the principles of free trade only so fur as they can, by all equa and just imposition ol duties, to all exten sufficient 10 raise revenue for the necessai, wants of the govsrnment. administered witi q strict regard to economy. The democrat ic party. therefore. ls uat the free-trade party but is truly the REVENUE TARIFF PAR 1Y.

 Starting upon the conceded proposilio that both parties are in favor of tariff ( . some kind, will now proceed to show tn principles and distinctive differences betwee