526
direct
over
Treaties
right
of interference under
our
Merchandize.
it
prevents
it
But
this
Lekin
competing
with
native productions,
it is directed chiefly against,
and
reduces
the
limits
of
goods
and
presses heavily upon foreign
merchandize.
The importer pays it,
and
the market
is regulated accordingly,
which
has all
the elements for boundless expansion,
and
the price
in fact
the foreign
may be said of
Exports
and
other evils result,
first
the imposition of
this tax, by
increasing
the market price of
merchandize, places foreign
imports
at a
considerable
disadvantage with native,
and
prevents
The heavy
imposts levied
on
such
produce
before they reach
the foreign purchaser,
being
laid
down
at a
fairly remunerative
rate.
Indeed,
Cotton
and
woollen
fabrics
and
such like
have
made
heavy losses experienced during the
past
Three
years,
affording undeniable
proof
that
unless
relief is
afforded
by restricting
The
rule
of
Lekin,
the export
trade will
fall
under
our
disadvantage.
It may be called
a protective duty
for
the latter:
secondly,