WHE PRINCIPLE.
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The Hhigs an for protectre Tariff 10 Ian
the foundation tor a system of thermal 7aration.
The wings hare resolved thd Henry Clay is
the embodiment o' the principles sof their party
OF course his sentiments expressed and proclaim.
ed in his speeches. which have been collected and
published to advaice his claim to the presidency
an evidence Of these principle


In n speech delivered by M Clay in the louise
Of Representative on the 26h April. 1920 and
published in his Life and speeches by GreeIv and
McElrath, Vol. l Page lac he used the follow.
ing language:


MIR. Clay boasts that he hes never changed, but
upon one important subject.


| design administering few broken doses OF
Clay's whig prindpes--of which this is the com.
mencement. ASHLAND.
"Can any one doubt the impolicy of government
resting solely uponthe precarous resource of such
revenuel (Tarir) lts, constantly fluc,uatine.
Il temPts US, by its enormous amount, at one
time, into extravngan4 expenditure; and we ire
then driven. by its sudd den and Unexpected depres.
sion, into the opposite extreme. WE are seduced
ny its fattering PROMISES into expenses which we
might avoid; and we are afterwards copstroin4d
by its treachery. to- avoid expenses which we
ought to make. 1t is a system hnder which tbore
isa sort of perpetual war, between the interest Of
the government and the in,etesr Of the people.
Large importatious fill the co6ors of government.
and empty the pockets of the people. Small inn.
possa.ions imply prudence onthe part oftAd peo. 20


