7468. REVENUE, Imports and.—
Our
revenue will be less than it would be were we
to continue to import instead of manufacturing
our coarse goods. But the increase of population
and production will keep pace with that of
manufactures, and maintain the quantum of exports
at the present level at least; and the imports
need be equivalent to them, and consequently
the revenue on them be undiminished.—
To Dupont de Nemours. Washington ed. v, 583.
Ford ed., ix, 319.
(M.
1811)
See Debt (United States), Internal Improvements, Surplus and Taxation.
