Less Foreign Demand for Products. 35 



articles enlianced in price by tlie duties." "The farmer 

 and planter are asked to sacrifice the markets of the 

 world, containing a population of eight hundred mil- 

 lions." 



Mr. Stanwood in his book, ''American Tariff Contro- 

 versies in the Nineteenth Century, ' ' quotes the above and 

 much more, and disputes the position. In closing his re- 

 marks, which seem to us weak and lacking in i^oint, he 

 adds, "If this view of the subject be accepted, it follows 

 that the tariff affected in no wav the amount of Ameri- 

 can produce which could be or was sold abroad; and the 

 allegation of Secretary Walker that it had a tendency to 

 exclude the farmer and planter from the foreign market 

 falls." 



Taking the export record, let us see whose allegation 

 falls, and also whose view is sustained in later years. 



From 1827 to 1831, inclusive, the per cent, imposed on 

 dutiable imports averaged higher than any other five con- 

 secutive years in our history up to 1865, the per cent. 

 being 42.9. Domestic exports (merchandise, consisting 

 chiefly of agricultural products) were valued in round 

 numbers for those years, respectively, as follows : 

 $57,800,000, $49,900,000, $55,100,000, $58,500,000, and 

 $59,200,000. The gain under the high duties is barely 

 perceptible. 



In 1833 the compromise tariff act went into effect with 

 its reduction in the rates of duties, and at once the value 

 of exports rapidly increased. In three years, in 1836, the 

 amount rose to $106,200,000. For two years the panic of 

 1837 caused a fall in value, but the four years that suc- 

 ceeded these show an annual average of $102,000,000; 

 a vast increase in value over the exportations of 1827- 

 1831. 



