FREE BOOKS

Author's List




PREV.   NEXT  
|<   124   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   140   141   142   143   144   145   146   >>  
f Jeffersonville to be made at Jeffersonville. Given under my hand the 1st day of May, 1816. JAMES MADISON. By the President: JOSIAH MEIGS, _Commissioner of the General Land Office_. EIGHTH ANNUAL MESSAGE. DECEMBER 3, 1816. _Fellow-Citizens of the Senate and of the House of Representatives_: In reviewing the present state of our country, our attention can not be withheld from the effect produced by peculiar seasons which have very generally impaired the annual gifts of the earth and threatened scarcity in particular districts. Such, however, is the variety of soils, of climates, and of products within our extensive limits that the aggregate resources for subsistence are more than sufficient for the aggregate wants. And as far as an economy of consumption, more than usual, may be necessary, our thankfulness is due to Providence for what is far more than a compensation, in the remarkable health which has distinguished the present year. Amidst the advantages which have succeeded the peace of Europe, and that of the United States with Great Britain, in a general invigoration of industry among us and in the extension of our commerce, the value of which is more and more disclosing itself to commercial nations, it is to be regretted that a depression is experienced by particular branches of our manufactures and by a portion of our navigation. As the first proceeds in an essential degree from an excess of imported merchandise, which carries a check in its own tendency, the cause in its present extent can not be of very long duration. The evil will not, however, be viewed by Congress without a recollection that manufacturing establishments, if suffered to sink too low or languish too long, may not revive after the causes shall have ceased, and that in the vicissitudes of human affairs situations may recur in which a dependence on foreign sources for indispensable supplies may be among the most serious embarrassments. The depressed state of our navigation is to be ascribed in a material degree to its exclusion from the colonial ports of the nation most extensively connected with us in commerce, and from the indirect operation of that exclusion. Previous to the late convention at London between the United States and Great Britain the relative state of the navigation laws of the two countries, growing out of the treaty of 1794, had given to the British navigation a material advantage over the
PREV.   NEXT  
|<   124   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   140   141   142   143   144   145   146   >>  



Top keywords:

navigation

 
present
 

aggregate

 
material
 

degree

 

exclusion

 

commerce

 

Jeffersonville

 

Britain

 

States


United

 

Congress

 
viewed
 

manufacturing

 

recollection

 

establishments

 
tendency
 

portion

 
proceeds
 

manufactures


branches
 

regretted

 

depression

 

experienced

 

essential

 

excess

 

extent

 

duration

 

imported

 

merchandise


carries

 

Previous

 

convention

 
London
 
operation
 

indirect

 

nation

 
extensively
 

connected

 

relative


British

 

advantage

 

treaty

 

countries

 

growing

 
colonial
 

ascribed

 
ceased
 

vicissitudes

 

revive