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reship within some reasonable period 10 foreign
ports a further effec. of the measure would be
10 supersede the system of drawbacks, thereby et-
fecually protecting the Government against fraud,
as the ght of debenture would not attach goods
after their withdrawal from the public stores.


In revising the existing tariff Of duties, should
YOU deem it proper to ds SO at your present ses-
sion, can only repeat the suggestions and recon-
mendaiions which, upon several occasions, have
heretofore felt it TO De my duty to offer TO Con-
gress. The great, primary and controlling inter-
est of the American People is unon-union not
only in the mere forms Of government-forms
which may be broken-but union founded IN an
attachment of States and individuals for each 9th.
err This unioR in sentiment and teeirs can only


be preserved by the adoption OF that course OF poll
cy which neither giving exclusive benefits to some,
nor imposing unnecessary burdens upen others,
shall consult the Interests OF all, by pursuing a
course of moderation, and thereby seeking 10 har-
| monte public opinion, and causing the People
| every where TO feel and 10 know that the Govern
ment is careful of the interests OF all alike. Nor
is there any subject in regard TO which moderation.
connected with wise discrimination, is ne
cessarv than in the imposition of duties imports.


Whether reference be had to revenue, the primary
| object in the imposition Of taxes, the Incl
dents Iiot!i tiiei
this is entirely true. Extravagant duties defeat
their end and object, 10. only by exciting in the
public mind an hostility TO the manufacturing in
terests, bat by inducing system of smuggling on
an extensive scale, and the practice Of every nlsn


ner of fraud upon the revenue, which the utmost
vigilance of Government cannot efectually sup
| press An opposite course of policy would
be attended by results essentially different, of
which every interest of society, and none more
than those of the manufacturer, would reap IN
portant advantages. Among the most striking of
lis benefits would be that derived from the gene
raj acquieseence of the country in its support, and
the consequent permanency and stability which
would be given 70 all the operstons of industry.
1t cannot pee often repeated that no system Of
| Legislation can be wise which is fuctuating and
unce rtain. No interest can thrive under it. The
prudent capitalist will never adventure his capital
in manufacturing establishments, or in any other
leading pursuit Of life, if there exists state Of
uncertainty as to whetherthe Government viii re-