The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-07-13

oolnue 10 eNlst-lhe fdpln sugmeDtauoh oi "i.
opuation resources, and commercial activity OF
he country. Taking an average Of ten years, tne
Increase has been 25 per cent. Secondly, the an
exation ofTexas to the Union. IL is true the pop
alton Of that State is not in ITSELF OF importance 10
bis calculation, but il is the addition oil large eA
oning section Of the finest cotton-srowing lano 10
he world, 10 which | would point as one on inc
puses OF that augmented importation OF which am
peaking. The expectation from that secuon Will
course form the basis Of an importation OF goods
an equal amount and Of importance sufficient 10
included in this calculation. But again: there Is
mother source TO which look with great confidence
nd with great interest, as certain to produce vast
bcrease in our imporatlons. allude 10 the relax
lion of duties on American produce by Great
ritain. The extent of this increase man can, of
purse. predict but that il will be large, no man
M doubt | have a table here by which | will
how the magnetic speed with which our exports
ave increased, even in anticipation of the modhea-
on of the corn-aw system of England.
The effect Of the corn-aw in anticipation mere
in the city Of New York on exports, Is as fol-
ws:
From len /. to June So Is46 lsi5.
Corn, Cbushels) 629.o97 1890 q times as great
COmmesl Tin bsnels) 5lls7 is,ao7 al times as great
Lard, (kegD 7o,IH 4sso WeaIy "ce :"
wheat saa,sss 1900 Caos t@s. a. muehl
Flour. (whesD 4l4.O75 l0s,6A a times as muehl
Butter a a11 1857 1901 az as much,
Such is the ascertaned result Of the actual re-
ucon, but only Of the anticipation of the reduction
the English eorn-laws. What, let me ask must
the effect of their total repeal by the passage OF
r Robert Pee's law, which am told has reached
in an authentic form, in paper not now before
el have read these extracts from wing paper
ON a tariff paper-the New York Tribune"
Mr.. WEBSTER. Have you stated to what
ace these exports were madel
Mr. LEWIS. Principally to England.
AZ ofM ~ .,a 1sfa
Mr. LEWIS replied that he had received il yes
rday. Now ask (he eonunued) II, under the
riff OF l842-bad lis, and III worse than any
ing that people should ever submit to-if even I'M
that law in anticipation ofthe action ofthe British
srliament on the corn-lsws, the expectation OF
mercan produce was 80 vastly augmented, what is
u to be expected from the operation ofa law which
ust necessarily tend in itself toincrease importn-
bns after that anticipated action had taken placer
hat is not TO be ex pected when reduction has taken
ace at both ends Of the lineS There must OF ne
usity be greatly increased elasticity in all COM
srcial operations, and imports and exports must
on augmenting with vastly increased activity.
is difficult 10 say what increase Of imports may
w from the reduction Of duties. But | ask, is il
u a necessary consequence Of reduced duties 10
I've increased importations' Do not the reduction
duties, and the Increase Of importations, sustain
same relations 10 each other cause and effecr
stage that has not been followed by an increased
rrespondencel | have now before me document
hich came from source Of the highest respecta-
lity, and which will be regarded as possessing no
can authority on the other side of the Senato The
|cument was politely furnished to me by the sena-
from Rhole Island, [Mr. SIMMoss,l one Of the
pst distinguished advocates Of the tariff Of 1912
is his testimony in favor Of still farther reduc-
IN Of postage on the principle that the reduction
the rate must Of necessity be followed by an
crease Of correspondence and consequent in
Ease Of revenue. And yet our honorable friend
n contend as strenuously as any man on this
(or that if we reduce the tariff we will have a
ling off in the revenue. The gentleman is viii.
X 10 reduce the postage, because, as he
pperly argues, it will increase the rev.
ue but he will give US no reduction Of duties
imported goods, because he says that II will re-
ce the revenue. Lord protect us from such rea.
ming! II we could get any series Of years during
itch tariff law similar to that imposed in this
had been in operation, we might obtain the basis
an accurate calculation. But it so happens that
kh so much vigilance has the protective policy
en- guarded, that we cannot find such basis.
be FIVE last years of the compromise act are the
lowest years that can be found, and yet will
Le them as the basis Of calculaton--a basis very
oh against me, because the duties were much
her than they will be for the next FIVE years
e nett average importations for 1887, 1888, 1889,
10, and lS4I was one hundred and fourteen mil
he. The average rate for l847, l848, l649, 1850,
1851 we will set down at one hundred and
y-four millions, which, under the present rates of
new bill, will give an average in these years of
rty-three million one hundred and sixteen thou
BID dollars. But out of this calculation, will be
once perceived, ! have left out all those causes
increased Importation which have already emu
rated--the annexation of Texas, the growth Of
country, and the abolition of the English corn
vs.. In every view in which / have been able to
htemplate this measure, am convinced Gifts sound
b and its utility. Very imperfectly, as | must
pfess, have endeavored to present my views Of
bill in that aspect to which | set out by saying
gould confne myself. But | have done the best
ould considering the shorness of the time which
cumstances placed at my disposal for the consd-
ton of the subject, and in the absence of aid
m the Treasury Department; and have now
y to thank the Senate for The patient attention
h which they have honored my remarks.
Mr. EVANS then rose and announced his desire
addressing the Senate on the bill, but as the day
s now far advanced he would ask to be INDUCED
waiting till tomorrow, and would therefore move
i the further consideration of the bill be post
ned till IL o'clock tomorrow
The motion was then put and agreed to.
THE WAREHOUSE BILL AGAIN.
Mr.. DIX moved that the Senate resume the con-
Grafton of the warehouse bill, in order to take ac-
upon any amendments pending, or to be SUBJ
tied
The motion was agreed to.
The bill accordingly was again taken up, the
eslion being upon the amendment submitted by
REvERDY JOHNSON, and given above.
The yeas and nays being called for upon the
option of the amendment, were ordered, and
ing taken, resulted as follows:
EAs--Me Archer, Barrow, ciley. Thomas Clay
Corwn, Crtenden, Davis, Evans, Greene Huntington,
nagin, Johnson Of Maryland, Mangum, Miller More
Niles, Simmons, Sturgeon, Upham, and Woodbridge