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Fiske, John, 1842-1901

"Volume 4, part 3: James Knox Polk"


Neither our own nor foreign merchants are required to send any goods to
Mexico, and if they do so voluntarily it will be because they can make a
profit upon the importation there, and therefore they will have no right
to complain of the duties levied in the ports of Mexico upon the
consumers of those goods--the people of Mexico. The whole money
collected would inure to the benefit of our own Government and people,
to sustain the war and to prevent to that extent new loans and increased
taxation. Indeed, in view of the fact that the Government is thrown upon
the ordinary revenues for peace, with no other additional resources but
loans to carry on the war, the income to be derived from the new system,
which it is believed will be large if these suggestions are adopted,
would be highly important to sustain the credit of the Government, to
prevent the embarrassment of the Treasury, and to save the country from
such ruinous sacrifices as occurred during the last war, including the
inevitable legacy to posterity of a large public debt and onerous
taxation.


Pages:
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