American watchman and Delaware advertiser. [volume] (Wilmington, Del.) 1822-1828, 1827-12-21
.aN.rUaL TREASURY REPORT.
lcONcLUDED1


ment. so wisely IN prosecution, contemplated,
in different portions of the country, will lose much
OF their object and value, if activity be not i'm.
parted to manufacturing industry. The increased
facilities OF conveyance. which these plans are in
tended to effect, presuppose, as their basis, the
necessity OF transferring the produce of the coun-
try from place to place. How such transfers will
be increased by multiplying the products of manu-
featuring labor, is apparent. New resources for
this kind of labor may be expected to rise up rs
these plans are in progress whether by bringing to
light occult treasures, or by afordng, through i'm
proved transportation, the means Of use to those
already known And then, as manulac turing en-
terprlse. acting upon greater variety and album
dance of materials. shall be seen to enlarge its
spheres how much more reoiprocaly beneficial will
not its exchanges become with the produce Of the
land It's this state of things that will emphati-
caly bind together the farmer. the manufac turcr,
and the merchant, in one indissolube COMMISSION.
Towns and villages may be expected to rise up in
good time, under such policy, lining the BORDERS
OF our canals as OF our natural streams. Scenes
OF stirring industry will strike upon the eye, flow
ing from various and subdivided labor. the ag.re-
gate results of all which will stand out in the all
vancing cultivation and embellishments of tie
earth. and extended prosperity and happiness of
our People. This is the broad policy suited TO
nation destined, by natural gifts to reach the
rejects. as too confined. the counses that would
limit her to the walks OF agriculture, of commerce,
or of manufactures, sngly; seeing that her re-
sources and ap!tudes of all kinds, confer upon
Ne, the warrant of pre.eminence in each. Unless
IN this combination, we have beheid no state enjoy
any other than an imperfect or transitory great
ness
| Whilst the efficient encouragement Of manuiac.
lures is earnestly dwelt upon as conducive to the
fiscal strength and general prosperity of the Union,
! the claims of Foreign Commerce press not less
lorcibly upon our attention. Each interest is alike
entitled, within proper bounds, to the fostering STU
perintendence of the Legislative power. Amongst
the expedents for augmenting the foreign trade Of
country otherwise than in the exports of its own
productions, none are believed to be more impor-
tant than the ware housing system. 1t was this
system that greatly contributed TO the commerc ial
riches OF some of the European States of the Mid
die Ages, and that is now enlarging the CONNER
clal dominion of Nations of the present day. -
The situation Of the United States locally, the
number and position of their ports along 50 ex-
tended line OF coast the tonnage of which they
are actually in possession, with the commercial
experience OF their people, point them out pc.
culiarly fitted to derive advantage from this sys-
tenn, and serve to recommend tor it more liberal
enactments than any of which it has vet been the
subject. BY our laws, as they now stand. the
twc!vemonth, the foreign commodity which he has
imported, or lose the benefit of drawing back the
duty he has paid upon it to the Government
Hence, he loses all opportunity, after this limit of
time, of sending the commodity to seek foreign
markets, VIXEN the market at home may fail. The
restriction put upon him in this respect, ought it
is conceived, to be done away, by extending the
time during which he may exercise the right Of
re-exportation 1t is not believed that the incrcas-
ed quantity of foreign merchandise, which such an
alteration in the laws might be the means OF bringing
to the country would interfere with the interests
of home manuiac lures, under the protection claim
ed for the latter, and the guards with which they
might be surrounded. The result might DC ex-
pected to prove otherwise. tpresent. whenever
redundancy of foreign goods is seen IN the coun-
try, as will happen occasionally in all trading
countries, from the impossibiIity of adapting pre-
cisely the supply to the demand the excess if not
, sent abroad, within the year is thrown upon the
: home market, at whatever reduction Of price. -
This operates to the injury beth of the home man
u!acturer and the importer. By enIarging the
= time Of re-exportation, with privilege Of draw
back, such excess whenever existing, would be
more likely to seek vent in other countries, aud
with improved chances of finding il profitable. -
More especially might the prospects of this trade
, in re.exportations be increased, If no transit
,, duty existed on foreign merchandise passing
!, through our ports the necessary charges being
also kept at the lowest possible paint. This is j
, policy which the wiscst commercial nations have
:, observed. An increased trade in rc-cyportatons
by increasing the carrying trade of the United
. States. may be expected to increase their tonnage
thus giving new activity to ship building, so highly
important and valuable branch Of manufacture.
TO the country. The ASPECT Of the times recon
mends to favorable consideration the alteration il
u the drawback system pro1oSeh. Political anl
. commercial revolutions occurring all ai"Wnd rs
remind US Of the expcdicncv Of reviewing our owe
commercial laws, in paints where these revolutions
have Affected or may affect, The operation Of them