This measure, whilst it would
greatly increase our revenue from these duties and facilitate
communication between our forces upon the eastern and western coasts of
Mexico, would probably lead at the conclusion of a peace to results of
incalculable importance to our own commerce and to that of all the
world.
In the meantime the Mexican Government monopoly in tobacco, from which a
considerable revenue is realized by Mexico, together with the culture
there which yields that revenue, should be abolished, so as to diminish
the resources of that Government and augment our own by collecting the
duty upon all the imported tobacco. The Mexican interior transit duties
should also be abolished, and also their internal Government duty on
coin and bullion. The prohibition of exports and the duties upon exports
should be annulled, and especially the heavy export duty on coin and
bullion, so as to cheapen and facilitate the purchase of imports and
permit the precious metals, untaxed, to flow out freely from Mexico into
general circulation. Quicksilver and machinery for working the mines of
precious metals in Mexico, for the same reasons, should also be admitted
duty free, which, with the measures above indicated, would largely
increase the production and circulation of the precious metals, improve
our own commerce and industry and that of all neutral powers.
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