The War with Mexico, Volume 2 (of 2)Smith, Justin Harvey
History
The War with Mexico, Volume 2 (of 2)
Smith, Justin Harvey
Mexican War, 1846-1848
But Polk was by no means out of trouble now. Walker's estimate made
no mention of great outstanding purchases, for which the contractors
had not yet sent in their accounts. Not only the customs duties but
the sales of public lands were coming far short of his expectations.
No allowance appeared to be made for the effect of bounty land scrip
that was likely to reduce them still more. The Vera Cruz expedition
and a possible march to the enemy's capital were in view. Indeed, the
real war had only begun. Besides, the temper of Congress had already
threatened trouble and made it. Not only to ensure additional revenue
in general, but in particular--it would seem--to strengthen the credit
of the government by showing how the interest on its obligations would
be taken care of, the Secretary brought up again the suggestion of his
annual report, that a duty of twenty-five per cent should be placed
on tea and coffee, which--although the free list had been restricted
in the tariff of 1846--had been left untaxed. In fact it had been
intimated by him at New York, even if not actually promised, that
such a step would be taken; and a few days before Christmas, 1846, he
notified the committee on ways and means that probably without this
assistance a satisfactory loan could not be made. Yet Congress rejected
the proposition by a great majority.[33.15]
A plan of Benton's also--to grade the public lands on the basis of
their attractiveness, and reduce prices accordingly--which would have
increased the income of the government, failed to pass, though endorsed
by Polk, Walker and the general land commissioner. Pessimists were
happy. With Polk, the war, the weather, the sub-treasuries "and perhaps
the Devil" to struggle against, wrote a correspondent of Martin Van
Buren, soon not an ingot would be "left standing," and there was "no
calculating, no prophesying" what would become of the nation.[33.15]
[A TARIFF FOR MEXICAN PORTS]
Public-domain text, read in full here on John Shaqi.
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