The Great Speeches and Orations of Daniel Webster: With an Essay on Daniel Webster as a Master of English StyleWebster, Daniel
History
The Great Speeches and Orations of Daniel Webster: With an Essay on Daniel Webster as a Master of English Style
Webster, Daniel
Speeches, addresses, etc., American; United States -- Politics and government -- 1815-1861; Webster, Daniel, 1782-1852
Besides, Sir, how should it ever occur to anybody, that we should
continue to export gold and silver, if we did not continue to import
them also? If a vessel take our own products to the Havana, or
elsewhere, exchange them for dollars, proceed to China, exchange them
for silks and teas, bring these last to the ports of the Mediterranean,
sell them there for dollars, and return to the United States,--this
would be a voyage resulting in the importation of the precious metals.
But if she had returned from Cuba, and the dollars obtained there had
been shipped direct from the United States to China, the China goods
sold in Holland, and the proceeds brought home in the hemp and iron of
Russia, this would be a voyage in which they were exported. Yet
everybody sees that both might be equally beneficial to the individual
and to the public. I believe, Sir, that, in point of fact, we have
enjoyed great benefit in our trade with India and China, from the
liberty of going from place to place all over the world, without being
obliged in the mean time to return home, a liberty not heretofore
enjoyed by the private traders of England, in regard to India and China.
Suppose the American ship to be at Brazil, for example; she could
proceed with her dollars direct to India, and, in return, could
distribute her cargo in all the various ports of Europe or America;
while an English ship, if a private trader, being at Brazil, must first
return to England, and then could only proceed in the direct line from
England to India. This advantage our countrymen have not been backward
to improve; and in the debate to which I have already so often referred,
it was stated, not without some complaint of the inconvenience of
exclusion, and the natural sluggishness of monopoly, that American ships
were at that moment fitting out in the Thames, to supply France,
Holland, and other countries on the Continent, with tea; while the East
India Company would not do this of themselves, nor allow any of their
fellow-countrymen to do it for them.
Public-domain text, read in full here on John Shaqi.
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