26 JULY 1828, Page 9

THE AMERICAN TARIFF.

T; ES.•-••We must say that we think the Americans are acting indiscreetly, and that it would be better for them to join with us in forcing the trade of the world, than to take this opportunity of separating themselves from us, and of drawing nice distinctions on the origin and fabrication of manufac- tured articles. However, they must please themselves : we can get raw cotton without going to America for it. But let the landed interest of Eng- land consider, that this war of customs has sprung from the monopoly which they claim, against the law of nature, of supplying all Englishmen with bread ; and that this same interest claims another monopoly equally against the law of nature—that of supplying all Englishmen with clothing also. It. is front their rapacity that we are now in a state of commercial war with America, front whence we had a little flour ; and that same principle would involve us in war with all the European states from whence we have a little wool. If this is not unjust and illiberal, we know not what is.

NEW TIMES—Tire speculations of the Royal Exchange on the subject of the American Tariff will be found in the letter of our City Correspondent. That the regulations of the Tariff will not be put. in force at the appointed period, and that they will not continue to be enforced, we consider to be a very unfounded expectation. It is true that the southern provinces may complain, but they will go no farther. Very mistaken notions of the wishes and intentions of the American States are apt to be taken up by those who do not make due allowance for the extreme freedom of discussion indulged in by public writers there. The character of the American Government is much better learned front history than from the brawlers of a" Caucus," or the lucubrations of a party newspaper. Those who remember with what steadiness they adhered to the Non-Intercourse Act„ which when first passed was much more opposed, and which the good people of this country de- clared could never be carried into effect, will be slow to believe that the Tariff would be lightly or causelessly given up. It is true that a more in- sane measure, viewed in its general bearings, never was adopted by any State. It is not, as has been said, the New World adopting the follies which the Old is leaving off; it is the New world adopting, without necessity, and contrary to its obvious interests, regulations which in the Old are essential to the state of society existing there.