John Quincy Adams

Summary

John Quincy Adams Fourth State of the Union Address (1828)

Is the self-protecting energy of this nation so helpless that there exists in the political institutions of our country no power to counter-act the bias of this foreign legislation; that the growers of grain must submit to this exclusion from the foreign markets of their produce; that the shippers must dismantle their ships, the trade of the North stagnate at the wharves, and the manufacturers starve at their looms, while the whole people shall pay tribute to foreign industry to be clad in a foreign garb
Source: Wikisource

John Quincy Adams Fourth State of the Union Address (1828)

This system, first proclaimed to the world in the first commercial treaty ever concluded by the United States — that of 1778-02-06, with France — has been invariably the cherished policy of our Union. It is by treaties of commerce alone that it can be made ultimately to prevail as the established system of all civilized nations. With this principle our fathers extended the hand of friendship to every nation of the globe, and to this policy our country has ever since adhered.
Source: Wikisource

John Quincy Adams Fourth State of the Union Address (1828)

It is, indeed, a general law of prosperous commerce that the real value of exports should by a small, and only a small, balance exceed that of imports, that balance being a permanent addition to the wealth of the nation.
The extent of the prosperous commerce of the nation must be regulated by the amount of its exports, and an important addition to the value of these will draw after it a corresponding increase of importations. It has happened in the vicissitudes of the seasons that the harvests of all Europe have in the late summer and autumn fallen short of their usual average.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature