No. 133. J 907 



in a few ship.s the dead weight of so many tons from LiFcrpcol 

 or Bristol? Which \Tould mcst inspire and reward commerce 1 



There is. then, no antagonism betn^een- Home Industry and 

 Commerce. On the contrary, a healthy, legitimatej and increa- 

 sing commerce is the result of a full development of all the in- 

 dustrial pursuits. The abounding trade of this city haf not been 

 caused more by its favorable position, than by the prosperous 

 state of tlie vast region whose business seeks this gre^t cetitre, as 

 the rivers seek the ocean. The industry of the entire Union has 

 been tributary to this favored island — has built its streets of pal- 

 aces, and laden the ships which float at its docks. Not without 

 reason, therefore, does the heart of the whole Nation rejoice in 

 every exhibition of the naval superiority of this Metropolis. 

 When her vessels outsail those of England, it is an American tri- 

 umph ; and when one of her Merchant Princes dispatches a fleet 

 to penetrate the frost-bound regions of the Frigid Zone, and 

 through the wintry night, on wliieh for months no morning breaks, 

 while the true he^rt of the hopeful English wife accompanies 

 the stars in their unceasing vigils, to search amid polar ic« and 

 eternal snows, with superhuman endurance, for the long-lost 

 British Admiral and his imprisoned ships, it is American benevo- 

 lence which wakes the plaudits of the world. 



If I have not dwelt on that other great branch of American in- 

 dustry, to promote, which is one of the objects of your exist«n«e, 

 it is not because I am insensible of its importance. Agriculture 

 lies at the foundation of our national wealth and prosperity. 

 Like commerc-e, it is nec-essarily protected and stimulated by our 

 peculiar geographical position, and like that it is best pi^moted 

 and rewarded by encouraging the greatest possible diversity of 

 human employments in our midst. All the great pursuits of 

 American Industry have thus, when properly viewed, the same 

 interests, and shaie in the advantages which are diffused through 

 the Nation by a true and perfect industrial independence. They 

 revolve not in jarring and discordant spheres, but move on har- 

 moniously, siiffering and prospering together, under the policy 

 which injures or l>enefits each. Th^ legislation which protects 

 and stimulates the labor of the Nation, doe«Bot c^^nfine its bene- 



