Presidents -- United States -- Messages; United States -- Politics and government -- Sources
There is no disposition among any of our people to promote prohibitory or
retaliatory legislation. Our policies are adopted not to the hurt of
others, but to secure for ourselves those advantages that fairly grow out
of our favored position as a nation. Our form of government, with its
incident of universal suffrage, makes it imperative that we shall save our
working people from the agitations and distresses which scant work and
wages that have no margin for comfort always beget. But after all this is
done it will be found that our markets are open to friendly commercial
exchanges of enormous value to the other great powers.
From the time of my induction into office the duty of using every power and
influence given by law to the executive department for the development of
larger markets for our products, especially our farm products, has been
kept constantly in mind, and no effort has been or will be spared to
promote that end. We are under no disadvantage in any foreign market,
except that we pay our workmen and workwomen better wages than are paid
elsewhere--better abstractly, better relatively to the cost of the
necessaries of life. I do not doubt that a very largely increased foreign
trade is accessible to us without bartering for it either our home market
for such products of the farm and shop as our own people can supply or the
wages of our working people.
In many of the products of wood and iron and in meats and breadstuffs we
have advantages that only need better facilities of intercourse and
transportation to secure for them large foreign markets. The reciprocity
clause of the tariff act wisely and effectively opens the way to secure a
large reciprocal trade in exchange for the free admission to our ports of
certain products. The right of independent nations to make special
reciprocal trade concessions is well established, and does not impair
either the comity due to other powers or what is known as the
"favored-nation clause," so generally found in commercial treaties. What is
given to one for an adequate agreed consideration can not be claimed by
another freely. The state of the revenues was such that we could dispense
with any import duties upon coffee, tea, hides, and the lower grades of
sugar and molasses. That the large advantage resulting to the countries
producing and exporting these articles by placing them on the free list
entitled us to expect a fair return in the way of customs concessions upon
articles exported by us to them was so obvious that to have gratuitously
abandoned this opportunity to enlarge our trade would have been an
unpardonable error.
Public-domain text, read in full here on John Shaqi.
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