American watchman and Delaware advertiser. [volume] (Wilmington, Del.) 1822-1828, 1825-12-30

! Public debt 100000 20 -
Making together - 2O,5847o0 "
Which will leave in the Treasury. on the
3lst of December, 1926, after satisfying all
the demands OF that year, surplus estln1a-
ted at 4,9l5,269 90
| If the remark be entitled to any attention, that
the recent alterations in the British laws of trade,
have affected The importaons into the United States
during the existing year, by increasing their I'D va
loren amount it ought not to create surprise II the
value OF mpurtaons 10 1896 should fall below those
OF 1925, because, admitting that these laws served,
on their first PRONUNCIATION. 10 enhance the price OF
certain enumerated commodities in the markets oil
Europe, it is not probable that this effect OF them
will be either extensive or permanent. One Of
their main provisions is known to consist il re-
ducton of the duties upon list of articles manulac
tured in the different countries OF Europe, as well
as in Britain. But the most important articles Of
this list already so thoroughly established in
the manufactures of Britain, as to be beyond the
reach OF competition from abroad Hence the pri
sege OF introducing them there, and especially to
any large extent, (meaning for consumption in Brit
ain, without here abiding to her warehousing sys-
temp must prove in the end to be nominal rather
than real. Among the list seen fabrics Of wool
ell, OF cotton, OF linen OF hardware; and the new
scale OF duties is to have added to them, in every
case, the amount OF any internal excise duty previ
ousy existing, which may a, any time afterwards
be imposed, upon the same articles when manufac.
tured in England. The forecast Of that country, in
all that relates to the interest of her manufactures
ust6es the belief, that she will! not ia 10 concili-
ate the continued protection oil them, with whatev.
err other abroga,ions she may engraft upon her com
mercial code, either in relation to the other nations
OF the world, or to her own dependencies in what.
ever part of it..
II has been how largely the expectation OF
our own manufactures, during the past year, has ex
ceeded the expectations Of the Two years preceding.
1t may be added, that In no previous year since the
foundation OF the government, has the expectation
OF American manufactures reached an amount at all
approaching to that Of 1926 This is known from
official documents as far back sos, and doub,
can be entertained OF its being true for the remain
der OF the period This fact, in conjunction with
the increasing consumption Of these manufactures
at home, and not less OF their improving quality,
gives gratifying assurance Of the progress of this
most important branch Of the national industry. 1t
may be considered as marking the commencement
OF an epoch IN the national resources, since init
mate connexon is believed exist between the full
encouragement and success of domestic manufac.
lures, and the wealth, the power, and the happiness
OF the country. The United States would it is
thought, overlook what is due to the essential inter
ess OF their agriculture, which never reach the
full point OF prosperity but under the constant and
various demand OF the home marke, Of their foreign
commerce, which can expand to its full limit
Of activity, or reap its full of riches but it'll
the aids OF an active home trade, and Of an export
trade enhanced in its value by being diversified in its
Objects OF the exuberance Of their soil, yielding the
best materials Tor so many of the fabrics which
duce to the wants, the comforts, and the refnemens
oil the social state OF the industry the enterprise
the trugalty other people ofthe unriyalled equal.
y OF their laws, which, interdicing exclusive rights
and monopolies, invites the most energetic exer-
Innc ~ ,sxxl, = IL Ct r
and, finally, OF the advantages flowing from the
absence OF pecuniary exaclions by the hand OF gov
eminent upon the internal products and labor of the
country-f they do not vigorously uphold the manu-
lectures OF the country now for the first time APP
pearing to be upon the eve Of striking root. 1t is
commencement that deserves every seasonable i'm
provement The territorial size and fertility OF
country, depend upon nature upon accident. Both
the one and the other may exist upon the larges,
scale, but in vain if proyident government do not
second these gifts; whilst nations destitute OF them,
and struggling against positive obstacles Of nature,
are seen TO arrive, through the wisdom of their poll
cy, al the heights OF prosperity and renown. To
give perfection to the industry of country rich in
the gifts OF nature and blessed in the bene!cence OF
ts government; to draw out its obvious resources
ana seek constantly for new ones, ready to I'M
iod themselves 10 diligen inquiry urged on by ade-
quate motives; 10 augment the number and variety
OF occupations for its inhabitants; to hold out to
every degree OF labor. and to every modification of
skill Its appropriate object and inducement, these
rank amongst the highest ends of legislation. To
organize the whole labor of country to ence into
the widest ranges its mechanical and intellectual
capabilities instead of suffering them to slumbcr :;
10 call forth, wherever hidden latent ingenuity, Civ
Ing to effort activity and emulation ardor to Gre
ate employment for the greatest amount of numbers,
ny adapting it to the diversified faculties propensi.
ties and situations of men, that every particle Of