A relaxation of the
interdict upon the importation of grain and flour from abroad has
ensued, a propitious market has been opened to the granaries of our
country, and a new prospect of reward presented to the labors of the
husbandman, which for several years has been denied. This accession to
the profits of agriculture in the middle and western portions of our
Union is accidental and temporary. It may continue only for a single
year. It may be, as has been often experienced in the revolutions of
time, but the first of several scanty harvests in succession. We may
consider it certain that for the approaching year it has added an item
of large amount to the value of our exports and that it will produce a
corresponding increase of importations. It may therefore confidently be
foreseen that the revenue of 1829 will equal and probably exceed that of
1828, and will afford the means of extinguishing ten millions more of
the principal of the public debt.
This new element of prosperity to that part of our agricultural industry
which is occupied in producing the first article of human subsistence is
of the most cheering character to the feelings of patriotism.
Pages:
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292