For the North Carolina Standard.
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Mr.. HOLDEN: The following conversation, which
passed between the Editor Of federal paper oul
west and his son, Ga youth about IS years of age
and to which | was an unintenllonal hearer, is
worthy corner of your paper.


- 1t seems that the coon editor was on the eve OF
taking his departure for trip TO the North, and
being desrous that his son should take charge oil
his paper during his absence asked him one day If
he was sufficiently Versed in politics TO edit bis
" replied William, 81 must ennfess
am very deficient in the grea: topic of the day
But, if you have objection, i should like to ask
you question on the Tariff"


"Certainiy any question you may ask, will
answer with pleasure"


"Well, then, how is it that when imports are
heavily taxed, it affects the farmer I"


"Why, when imports are heavily taxed, as you
call it, the seller must ask heGrier price, II be
would make any thing them; then the merchant
who purchases them must still ask higher price,
if he would make any thing on them; and hence,
by the time they reach the farmer the price would
be double what it otherwise would have been had
the tax been low."


"Then, why not have low Tariff ?"


"Because the revenue arising from it would not
be sufficient to defray the expenses Of the Govern
ment. Mr.. Clay says ii aoo~Ld not, and no one
doubts has 1oo7'd'


"What does the revenue amount to annually T.


"About forty millions Of dollars"
"How much does it require to support the Gov
eminent"


"Abeui tlrEaty millions"


"Aud vet MIR. Clay likes high tdrif"


"My SON, you are entirely too nquisltive. We
will postpone the subject to seme other time"