Government Revenue, Especially the American System |
Other editions - View all
Common terms and phrases
abroad adjusted adverse balance agriculture American Austria-Hungary average balance of trade Britain British burdens capital carried cents a pound charges citizen classes collected colonies commodities consumer consumption cost cotton customs duties debt declared demand direct taxes duction dutiable earnings England exports factories farm favor foreign commerce foreign trade France free trade Germany half imports imposts income increase India individual industry internal taxes iron John Bright labor land tax legislation less levied maintained manufac manufactures markets measure mechanism ment merce merchandise modities Morrill tariff nation paid persons Political Economy poll tax population production profit prosperity protective policy rates ratio reduced revenue system Russia seek sell share silks soil surplus system of revenue tariff tariff of 1842 taxation tion tobacco traffic treasury United United Kingdom wages Walker tariff wealth wool woolens
Popular passages
Page 85 - Whereas it is necessary for the support of government, for the discharge of the debts of the United States, and the encouragement and protection of manufactures, that duties be laid on goods, wares, and merchandises imported: Be it enacted, etc.
Page 87 - But there is no subject that can enter with greater force and merit into the deliberations of Congress than a consideration of the means to preserve and promote the manufactures which have sprung into existence and attained an unparalleled maturity throughout the United States during the period of the European wars. This source of national independence and wealth I anxiously recommend, therefore, to the prompt and constant guardianship of Congress.
Page 196 - The England and the America of the present are probably the two strongest nations of the world. But there can hardly be a doubt, as between the America and the England of the future, that the daughter, at some no very distant time, will, whether fairer or less fair, be unquestionably yet stronger than the mother.
Page 87 - That the encouragement of manufactures was an object of the power to regulate trade, is proved by the use made of the power for that object, in the first session of the First Congress under the Constitution ; when among the members present were so many who had been members of the Federal Convention which framed the Constitution, and of the State Conventions which ratified it; each of these classes consisting also of members who had opposed and who had espoused, the Constitution in its actual form.
Page 98 - The farmer will find a ready market for his surplus produce ; and, what is almost of equal consequence, a certain and cheap supply of all his wants.
Page 198 - Show me a People energetically busy ; heaving, struggling, all shoulders at the wheel ; their heart pulsing, every muscle swelling, with man's energy and will ; — I show you a People of whom great good is already predicable ; to whom all manner of good is yet certain, if their energy endure.
Page 197 - The American Nation has not only successfully borne and suppressed the most gigantic and expensive war of all history, but immediately...
Page 178 - America pays you for her protection. And shall a miserable financier come with a boast, that he can fetch a peppercorn into the exchequer, to the loss of millions to the nation! I dare not say, how much higher these profits may be augmented. Omitting the immense increase of people...
Page 59 - Continent renders very unlikely; and because it was well worth while to incur a loss upon the first exportation, in order, by the glut, to stifle in the cradle those rising manufactures in the United States, which the war had forced into existence, contrary to the natural course of things...
Page 125 - To lay and collect taxes, duties, imposts and excises, for revenue necessary to pay the debts, provide for the common defence, and carry on the government of the Confederate States; but no bounties shall be granted from the treasury; nor shall any duties or taxes on importations from foreign nations, be laid to promote or foster any branch of industry; and all duties, imposts and excises shall be uniform throughout the Confederate States: 2.