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United States. Presidents.

"United States Presidents' Inaugural Speeches"

It is the settled policy of the
Government, pursued from the beginning and practiced by all
parties and Administrations, to raise the bulk of our revenue from
taxes upon foreign productions entering the United States for sale
and consumption, and avoiding, for the most part, every form of
direct taxation, except in time of war. The country is clearly
opposed to any needless additions to the subject of internal
taxation, and is committed by its latest popular utterance to the
system of tariff taxation. There can be no misunderstanding,
either, about the principle upon which this tariff taxation shall
be levied. Nothing has ever been made plainer at a general
election than that the controlling principle in the raising of
revenue from duties on imports is zealous care for American
interests and American labor. The people have declared that such
legislation should be had as will give ample protection and
encouragement to the industries and the development of our
country. It is, therefore, earnestly hoped and expected that
Congress will, at the earliest practicable moment, enact revenue
legislation that shall be fair, reasonable, conservative, and
just, and which, while supplying sufficient revenue for public
purposes, will still be signally beneficial and helpful to every
section and every enterprise of the people.


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