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well may Mr. Spencer say 1t IS useless to raise the duty on these articles. On most of them the duty is absolutely prohibitory. To show how it has diminished the revenue, take the following example: One of the im- porters of hardware in this city, an importer upon very moderate scale, entered at this port, in the year 184l, fI,986 10 of wood screws, and G1,218 12 0 of hammered brass kettles, paying duty on these two articles, of S3,5O0. At present, neither of these ar ticles, though of universal use, can be im- ported, and the contribution which is fairly due to the treasury, now goes to the Ameri- can screw makers, and to Phelps & Dodge, who manufacture our brass kettles.

 Formerly the duty on these articles was but twenty-five per cent; and fit were allow ed to remain at that rate, itwould, 10 doubt.