From NiLes' Register.

1.-THE AMERICAN SYSTEM
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us to pretend to impartiality, or to remain si. lent, as to the great matter which has interps- ted our best feelings. and absorbed our chiel exertions, for many years past-tO wit, the protection of domestic industry, in all the va FfOus branchcs-agricultura manufac,uring or commercial. There is no earthly conside- ation-nOthing but the influence of our judg- ment. which can, or shall induce us to barter our principles on this imposing subject, let o. thers do what they may. These were form ed long befnre large proportion ofthe pres ent actors in political controversy had tie right of suffrage: they have been entertained through every change of circumstance and eIme-and without respect to persons" |" They must be SD entertained-we will not make compromise about them.

 We have so much discussed the necessity Of protection to produce reciprocity in our re- latI0n with Eur0pe, that it is useless to press # any further at present. Indeed .the signs of the times' do nat lead tO an investigation, of the right or reason of the matter at alI--,it, less we are totally at fault understanding their purport. H isto us as manifest as that the sun shines at nOonday, that any proposed alteration ofthe tarif. ,cih oieO Co the protection Of the agricutturatists and manuf;1ctwrers O our couu- try. is TO BE DEFE4TED-,oithout ref erence to the merits of the question Qt issue and by defauft of, the individ..als hitherto counted atpon as the friends of the system. For our op- pOnents-for those who since ls16 to the present time, have resisted our principles, we have high respect; the entire consistency of al' their conduct shows the uprightnpss of their opinions or the honesty of their preiu- dires: but we have no respect to those who hal haf fhG.S SOf. of and barter the Il American system' to obtain temporary advantages. to promote their ow n ambitious and selfish and unholy designs. If they succeed-if the friends of domestic in. dustry shall not rally themselves and speak m a voice that must be regarded-0ur country will meet with sh ,ck from which it will not easily recover itself. From 50 to 6O,0OO. 900 dOlS. will instantly be sacrificed ni the reduced value of lands and sheep and the manufactO- Fies of wool. Already the greedy farmers stand with whctted knives to kill these useful animals because of the unproftahleness of them-already many manufactures are only idle Or doing from one tenth to one twentieth part of the work which they are capable of performing; the parties awai. the proceeding of congress with intense anxiety, and all other of the productive classes are well inte

 rested in the result. The slaughter of the sheep will cause increased crops of grain. &c. to interfere with the already glutted markets,

 -and tens of thousand< of consumers will be cast into thealread too numerous body of pro ,ducing farmers--the propriettrs of wOolen factories " iii he generally ruined or at least. exceedingly distressed their water power & buildings will be diverted to other manufactu- ries. and an excess of these will rapidly fOiow; 1sfA CfI res. having succeeded, no matter by what means, in destroying oar sheep and nanufac- lures "f wool. will reap d rich harvest in the enhanced price fl their goods, hdring the con- I,oI O four market. dnd commanding their olCt to the prohibition of our commodities: and thus in the depressed value of land and its prOdnc- tions. and the adv anced price Of wOOllrngOods land they are ins~parahiy connectedl we es- tpem it entirely reasonable tO believe, that the annual home loss, ar British extortion.n .nn the people of the United States will exceed the sum Ofthirty millions of dollars year-=an a- mount one third greater than the acquisitions of our government, and capable of paying the national debt, in less than two years.

 Wr have not time. just now. to proceed into detail of incidents that have happened to cad us into tle fearful conclusions that we have adopted. We repeat our belief. that q is designed to refuse protection ,cithoGt regard to the merits of tts question, and that nothing will prevent the fuIiIment of that design. bul the loud and deep voice of the people promptly expressed. We are of those wh, firmly thought. last inter. tliat the COMBi B NATIONS, spoken of by Dr. Floyd, in hi. letter to genera, Smyth, had their fOundation on this very thing. We have said so thou sand times. We were at Washington when as we supposed, this work was going on, ant there wpre many politicians gathered there from different states. They might have beer present at tha, moment. hy acciHent-but w, did not believe that they were. Dr. Floyd at the public dilnrr given him at Richmond

 boldly ayOwed these "COMBINArIONs,"-

 BUT THE TERMS ARE CONCEALED The peopl. havea right to the principles o this procred0g. A deed hout a name has been don. in the dark. In the absens

 of public exposition of what waspriyately a

 greed on,we have right to resolve the pro

 eeslings by subsequent. and our deliberate q piniOn then was and now is, that the Ameri

 can system" IS to be sacrificed to the prejudi

 ces. or opinions. of dominant individuals i

 Virginia and the south, who have always Op

 posed it. II we are mistaken as to the basi