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The only countervailing influence in the reduction of gold to, say, only double the price of silver, would be an increased consumption in articles of taste and manufacture, which, however, can only be speculative and uncertain.
Though purchased by a sacrifice of regal rank, yet there would be many countervailing advantages in the position of an affluent British Duchess which might reconcile a young lady, even of so illustrious a descent, to the sacrifice, had it not happened that Lord Bute and the Princess of Wales selected her younger sister to be the wife of George III. and the Queen of Great Britain, long known as the good Queen Charlotte.
The disadvantage, however, to which our shipping is subjected by the operation of these discriminating duties requires that they be met by suitable countervailing duties during your present session, power being at the same time vested in the President to modify or discontinue them as the discriminating duties on American vessels or their cargoes may be modified or discontinued at those islands.
Here the battle was renewed, and Orlando had in his magic sword an advantage which none had hitherto possessed. It had been tempered by Falerina so that no spells could avail against it. Thus armed, and countervailing the strength of his adversary by his superior skill and activity, it was not long before he laid him dead upon the field.
That the Executive will, on the first day of January aforesaid, by proclamation, designate the states and parts of states, if any, in which the people thereof shall then be in rebellion against the United States; and the fact that any state, or the people thereof, shall on that day be in good faith represented in the Congress of the United States, by members chosen thereto at elections wherein a majority of the qualified voters of such state shall have participated, shall, in the absence of strong countervailing testimony, be deemed conclusive evidence that such state, and the people thereof, are not then in rebellion against the United States.
That the Executive will on the first day of January aforesaid, by proclamation, designate the States and parts of States, if any, in which the people thereof, respectively, shall then be in rebellion against the United States; and the fact that any State, or the people thereof, shall on that day be in good faith represented in the Congress of the United States, by members chosen thereto at elections, wherein a majority of the qualified voters of such States have participated, shall, in the absence of strong countervailing testimony, be deemed conclusive evidence that such State, and the people thereof, are not then in rebellion against the United States.
The scheme of Charlemagne to organize Europe into a single despotism was a brilliant failure because the forces which were driving human society into local and gradual reconstruction around various centres of crystallization: were irresistible to any countervailing enginry which the emperor had at his disposal.
Thus have they drawn over to their own country our skilful artisans to practise their industry, not at home but abroad, and our poor people are thus losing the means of earning their livelihood. Thus has clothmaking, silk-making and the art of dyeing declined in this country, and would have been quite extinguished but by our wise countervailing edicts."
"'That the Executive will, on the First day of January aforesaid, by Proclamation, designate the States and parts of States, if any, in which the people thereof, respectively, shall then be in Rebellion against the United States; and the fact that any State, or the people thereof, shall on that day be in good faith represented in the Congress of the United States, by members chosen thereto at elections wherein a majority of the qualified voters of such States shall have participated, shall, in the absence of strong countervailing testimony, be deemed conclusive evidence that such State, and the people thereof, are not then in Rebellion against the United States.
But should false calculations of interest defeat our hope, it rests with the Legislature to decide whether they will meet inequalities abroad with countervailing inequalities at home, or provide for the evil in any other way.
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