Clay and direct Taxation.
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Many years ago, when the Protective Policy
was in its infancy, and HENRY CLAY was, as he
now is, its eminent Champion, it was standing
argument with its opponents that it must newt
ably destroy or greatly diminish our Revenue
from Imports and create necessity for Direct
Taxation TO support the Government. We re-
member Boston Federalist settled in Vermont
(thc Boston merchants and capitalists were then
the chief advocates of Free Trade) who declared
in 1872 that he would sell out all his Real Estate
and move back to Boston if a Protective Tariff
were adopted, as he would not stand Direct
Tax on his large unpgoductve estate.


Now Mr.. Clay in defending Protection, was
compelled to breast this panic, and he met it, as
he docs all things, frankly. He said in substance
eff the Protection Of our own Industry should
involve necessity for Direct Taxation, am
ready for it. Better pay taxes TO our own Gov
eminent than tribute to those OF Foreign Ma
tons, and remain dependent on Europe for the
.commonest necessares Of life. Give us Direct
'Taxation rather than a pernicious dependence
on the workshops of Europe" This passage
has been wrested from It's context by some un-
principled partisan, and is now going the ROUNDS
of the Loco-Foco journals as proof that Henry
Claq is in fauor Of Direct Tazation' These de-
ceivers treat the People as if they were cattle.