The Virginian. [volume] (Lynchburg [Va.]) 1822-1829, 1828-12-22
VOL. VINO. rs.

ihose interests. whilst Nil the great b,nnrl,., 4.
| liz industry are ~ eouu3r ~ sure drveIoprm.nt
But transient Inconvenience Is lost 10 the avy,.
| gate prosperity. N mosi, Ia the end partir,na,a
III Tint prosperity IL is thus that gren, state. I'M
der successful sysIe'ns Of legislation, go onward
| IN tbelr career OF riches aud power
| Noi only has there been a marked increase NJ
imporiaiiohs aud revenue ~ the tnitsd S,at,s
fdufing the Las, iour years, and al eKpoIi s,ion
OF domestic conniod,irs, but like dipinuIjon
In rs.sk porintons.--l he latter is very ,t,iki,g
and ju>'hes the inirr.uce not merely OF an
| increased desire 10 import for the purpose OF
meeting the contingencies OF irade or speculs.
iinn. but of nm increased ability H. the eouu,,,,
To purchase and as foreign fabrics. The IN
creased resumption of latter, aud the in.
cfeaso in revenue have exceeded he rei;o OF tho
increase ofdoiies under the tariff OF 1924 and
the presumed increase Of population also. Tha
exports Of domestic products have Increased
mofr thsn fom fold faster than the increase of
population, NJ given by the census q, proda The
most favorable These facts cannot mislead
They point 10 an unequivocai increase, sofar.
IN the pr osperlty oi the naiioD StptiyicaI tssti
moniais, Tor u single year, or for more than one
may rise M fall IN anv unt, from causes that poSt
psoe n permanent conclusion, bat wber. tbcy
are seen to 20 ON 10 an increasing tram through.
ooi succession of years, II Is rsiouai 70 asctitv
them TO canes beginning 10 ASSUME fixed charc
acter.
Ifwerevies the las, four yeprs As a period OF
time In commercial history, We find ,i,tie n tho
e,rcnInsiancs Of the world, either nom general
waror otherwise. to effect foreign markets be
You'd The ordinary fluctuations incident 10 trade
Al NIL t,mfs The extraordinary opc, ations in
the cotton market that fell upon 'hc first " ibese
years, viz 1898. are,not conceived TO impair
the applicability of tho remark, because there
has been time enough for diminished erports.
tioes, as the consequence ofthe large exportay
tons Of tina, gear. No term indeed, OF eight
years sinee the establishment Of the Goyefumr no
has been 20 exempt from the influence of .xt-r4
nnl estnis ihh. disturb the regular operation
of national industry aud conur,or M the last
eight Nano, therefore, could he as fairly In.
KEN for the comparative statements that have
Il doss not escape recollection tina, from 1871
10 1915. there were epochs when the foreign
commerce of the country advanced with even
more rapidly ihan Is here stated when IL WAC
greater absolutely, and therefore greater in pro
portion 10 the population OF the country But
during that long Interval, there prevailed IN Eu.
rope with scarcely percepiible interruption,
desolaing wars which created an unparalleled
demand for our staple productions mud brought
them up 10 eItra,agAni p'lces This. with our
"'"'" h'hhHaff WINCH gave W our EhflyinT
trade scope alnost unbounded, raised expor-
ta,lons and iuipor,a,ions to an artificial pict
that can never be REQUIRED 10 as n standard Oh
comparison for commerce under crrnusiau
more ordinary and regular, II 10 known that
dni ing puriions al that Interval, our trade "a
folcgn y odufe iaf zee lied thtt ~ domestic n
II wholly oiher~ Use now The mere prohis
on GU tonnage at that earlier day Of The Repub.
he 10y he capital "h'chit IN reduced, gsve OF
Itself ihe capacity ior an enlarged consuipp,ion
OF foreign articles on a comparatively smaller
basis oil population.
The insfeaach Cor sumption offoreigp articles
III the United states, during the Inst four years,
M compared with the -four that preceded may.
II Is behaved. be ascfIbrd in no incons iderabia
degree 10 the advances which home labor has
been making in various ways In the country
since 1871 The creation aud subdl, ision oC
hcme labor must bring new wealth 10 this coup-
try nv they ever have 10 other countries IL with
az iDcr. ased ability 10 buy Anicrs of all kinds.
Ihv reports from this Department within these
four years, have respectfully, but earnestly, ur,
ged upon Congress The cspediency of fostering
nanularuriHg labor, under the conviction deep
entertained, that in its success is largely to no
found The true ground work Of 6nanc,nl power
Il viii ultimately unfold the means of providing
. revenue Tor the public wnnts when war or 9th.
bridge foreign commerce. How oillicult II
has been heretofore to obtain amy eficien, sup.
pllrs Of revenue ifom sonfces Of iniernal indus
ivy aud etnlih, when such vicisstudes have
happened, the financial history OF the country
IN times past sufficiently makes kno wn, impart.
ing admonition i"r the future The Department
has no less sirenuously mcuica,vd the policy Of
important amendments ~ ON conimeTcini code !.
by lowering the duties upon 10, eIgn aii,oes thar
were Indicated. especially icas by removh, w
the sbatklcs which bnd down the merchant IL,
h,s trade OF re gxpoitAuon and by % lLrrnl cE-
J tension OF the warehousIug system, which. viii,
The abolition of all ransu dusies might moro
and more tend 10 bring productions Of all
par,s OF the world into dcposile n, our ports
thence 10 be dis,T d,',ed, rnd principally by our
ships, wherever markets might invite
them.
II was believed, that with the establishment Of
manufactures Al hume, foreign Commerce would
ultimately expand bot il continues TO be beliey =.
ed that the later will never get 10 It's full height
10 thu Unped States unit aided by the laws ia
the way recommended. The me, chant, like the
manu- ac'urer, requires, al proper junciures. the
helping baud III Congress aud may suffer with
ont IL. Hence, II has been the object, MS II wns
the duty oi The Depa, tmrnt TO invoke legisi a'ye
favor for both these gfeai interests. unJr, the
belief that ihry flourish most when they flourish
together TINT IA propc,tion as both flourish, b,
E, con junction win Agriculture, the iuyariable
feede of both 10 the public Treasury most like.
y To be KIP toll. and tina, all pInns Of finance
thai do not TAN" the cooperating prosperity qt
these three primary interests Of the state al
their foundation, must prove fslncious or short
lived. Such were the connscls Of a departed
statesman y hose name peculiarly lives in tho
records Of this department who was 6rst placed
at it's head dfectint It's operations with a tore
cas-, az luminous as still TO throw "a guiding
light over III. path Of his successors His con-
prchenslse genus, looking into luiuriiy, and em
bracmg IA ITS su,ss, all the Interests that go it
. make up the full si,eogth md riches Of gres
empire, saw the truth course Of corfobo
ration by our o"n experience. that the pro'ec
!. lion and increase Of nanulactui Ing labor. ia
from Stopping the sp''"gs OF our comIner
, cial power, would hut multiply and dilfus