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Editorial
August 3, 1818
Daily National Intelligencer
Washington, District Of Columbia
What is this article about?
Editorial praises the new congressional act for revenue collection, noting its benefits in equalizing trade between British agents and American importers, boosting home goods and manufacturers, as observed by an Aurora writer.
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OCR Quality
98%
Excellent
Full Text
WASHINGTON.
MONDAY, AUGUST 3.
The act of Congress of the last session, for the better collection of the revenue, begins to develope the good effects anticipated from it; and we have no doubt that its results will continue to approve the sound judgment of its framers. A writer in the Aurora, remarking upon the beneficial operation of this act, observes, that, by its adoption, "all the British agents have been compelled to come forward with the genuine invoices, and are thereby placed on an equal footing with the American importer and fair trader—the happy consequences of which are, that home goods have taken a rise, and that the American manufacturer begins to see the dawn of a prosperous day; his goods are no longer hooted out of market, but are bought up with avidity. The cotton and woollen manufacturer may now go on with a degree of certainty as to the sales of his goods."
MONDAY, AUGUST 3.
The act of Congress of the last session, for the better collection of the revenue, begins to develope the good effects anticipated from it; and we have no doubt that its results will continue to approve the sound judgment of its framers. A writer in the Aurora, remarking upon the beneficial operation of this act, observes, that, by its adoption, "all the British agents have been compelled to come forward with the genuine invoices, and are thereby placed on an equal footing with the American importer and fair trader—the happy consequences of which are, that home goods have taken a rise, and that the American manufacturer begins to see the dawn of a prosperous day; his goods are no longer hooted out of market, but are bought up with avidity. The cotton and woollen manufacturer may now go on with a degree of certainty as to the sales of his goods."
What sub-type of article is it?
Economic Policy
Trade Or Commerce
What keywords are associated?
Revenue Collection Act
American Manufacturing
British Agents
Trade Equalization
Home Goods
Cotton Woollen Manufacturers
What entities or persons were involved?
Congress
Aurora Writer
British Agents
American Importer
American Manufacturer
Editorial Details
Primary Topic
Benefits Of Congressional Revenue Collection Act
Stance / Tone
Supportive Of The Act's Positive Effects
Key Figures
Congress
Aurora Writer
British Agents
American Importer
American Manufacturer
Key Arguments
The Act Develops Good Effects As Anticipated
British Agents Must Use Genuine Invoices, Equalizing With American Traders
Home Goods Prices Rise
American Manufacturers See Prosperity
Cotton And Woollen Goods Sell With Certainty