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the customs is governed by the laws of trade entirely.

 Duties beyond certain point cannot be 1 imposed without stopping the import, and de- stroying the revenue. With a fuctuating quence, because prices will rise in propor- tion. The only effect is to put large reve- nue into the treasury. In the year 1o42, with a tariff of an average of 20 per cent. on the whole imports, they reached short oi | 0,000,000, and the custom revenue was ,900,000--the currency being very near specie basis In 1896, with tariff averag- ing l2 per cent. on the whole imports, the customs were S24 000,000-the paper cur rency being very full. Now if the present tariff, which averaged on the imports of the 4th quarter of 1912, 34 per cent. of the whole imports, had been in operation in connection with the National Bank scheme, which was defeated at the extra session, the imports would have been as large as in the year 1859, or say Si50,000,000: 34 per cent of that would have given revenue of 5l,000,0 ,000, and the party in power would have been well supplied with means.

 This explains the secret of the amalgama- ton of the antagonist principles of ''Protec- tion" and {" National Bank" combna- tion of the two extracts from the people an enormous amount of money, while 1t floods the country with goods A National Bank is opposed by others, because it is essentially a :. foreign agent.n It is the means by which home industry is destroyed, and the means of the people extracted for the benefit of foreign manufacturers. A steady specie currency, on the other hand, with a tariff. adjusted so as to yield the highest revenue, would permit i'm ports to the sales of the American produce, and no more, and will yield a revenue of about S1S,000,000, which is about sufficient for the support of government, and must be produced either from that source or direct taxation. If a prohibitive tariff Is persisted in, the latter must be resorted to, because a " National Bank is obsoleten It is in full view of this, that parasite politicians contend for system which is doing more to loosen the solid structure of the Union, than can all the efforts of combined Europe.