prices, for their wheat,
flour, rice, Indian corn, beef, pork, lard, butter, cheese, and other
articles which they produce. The home market alone is inadequate to
enable them to dispose of the immense surplus of food and other articles
which they are capable of producing, even at the most reduced prices,
for the manifest reason that they can not be consumed in the country.
The United States can from their immense surplus supply not only the
home demand, but the deficiencies of food required by the whole world.
That the reduced production of some of the chief articles of food in
Great Britain and other parts of Europe may have contributed to increase
the demand for our breadstuffs and provisions is not doubted, but that
the great and efficient cause of this increased demand and of increased
prices consists in the removal of artificial restrictions heretofore
imposed is deemed to be equally certain. That our exports of food,
already increased and increasing beyond former example under the more
liberal policy which has been adopted, will be still vastly enlarged
unless they be checked or prevented by a restoration of the protective
policy can not be doubted. That our commercial and navigating interests
will be enlarged in a corresponding ratio with the increase of our trade
is equally certain, while our manufacturing interests will still be the
favored interests of the country and receive the incidental protection
afforded them by revenue duties; and more than this they can not justly
demand.
In my annual message of December last a tariff of revenue duties based
upon the principles of the existing law was recommended, and I have seen
no reason to change the opinions then expressed. In view of the probable
beneficial effects of that law, I recommend that the policy established
by it be maintained. It has but just commenced to operate, and to
abandon or modify it without giving it a fair trial would be inexpedient
and unwise. Should defects in any of its details be ascertained by
actual experience to exist, these may be hereafter corrected; but until
such defects shall become manifest the act should be fairly tested.
It is submitted for your consideration whether it may not be proper, as
a war measure, to impose revenue duties on some of the articles now
embraced in the free list. Should it be deemed proper to impose such
duties with a view to raise revenue to meet the expenses of the war with
Mexico or to avoid to tha
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