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Chapter 139 of 142 · The Principles of Free Trade by Condy Raguet

APPENDIX, C.: Imports and Exports of the United States, from the 1st of October, 1789, to the 30the of September, 1838, taken from documents accompanying the Secretary of the Treasury’s annual Report to Congress, of the 3d of December, 1839.

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*The imports and exports for 1839 are thus estimated by the Secretary, the exact returns not having been received by him.—Author.
Years. Total Value of Imports. Total Value of Exports. Domestic. Foreign.
1790 $23,000,000 $20,205,156 $19,666,000 $539,156
1791 29,200,000 19,012,041 18,500,000 512,041
1792 31,500,000 20,753,098 19,000,000 1,753,098
1793 31,100,000 26,109,572 24,000,000 2,109,572
1794 34,600,000 33,026,233 26,500,000 6,526,233
1795 69,756,268 47,989,472 39,500,000 8,489,472
1796 81,436,164 67,064,097 40,764,097 26,300,000
1797 75,379,406 56,850,006 29,850,026 27,000,000
1798 68,551,700 61,527,097 28,527,097 33,000,000
1799 79,069,148 78,665,522 33,142,522 45,523,000
1800 91,252,768 70,971,780 31,840,903 39,130,877
1801 111,363,511 94,115,925 47,473,204 46,642,721
1802 76,333,333 72,483,160 36,708,189 35,774,971
1803 64,666,666 55,800,033 42,205,961 13,594,072
1804 $85,000,000 $77,699,074 $41,467,477 $36,231,597
1805 120,600,000 95,566,021 42,387,002 53,179,019
1806 129,410,000 101,536,963 41,253,727 60,283,236
1807 138,500,000 108,343,150 48,699,592 59,643,558
1808 56,990,000 22,430,960 9,433,546 12,997,414
1809 59,400,000 52,203,231 31,405,700 20,797,531
1810 85,400,000 66,757,974 42,366,679 24,391,295
1811 53,400,000 61,316,831 45,294,041 16,022,790
1812 77,030,000 38,527,236 30,032,109 8,495,127
1813 22,005,000 27,855,997 25,008,152 2,847,845
1814 12,965,000 6,927,441 6,782,272 145,169
1815 113,041,274 52,557,753 45,974,403 6,583,350
1816 147,103,000 81,920,452 64,781,896 17,138,556
1817 99,250,000 87,671,569 68,313,500 19,358,069
1818 121,750,000 93,281,133 73,854,437 19,426,696
1819 87,125,000 70,142,521 50,976,838 19,165,683
1820 74,450,000 69,691,669 51,683,640 18,008,029
1821 62,585,724 64,974,382 43,671,894 21,302,488
1822 83,241,511 72,160,387 49,874,185 22,286,202
1823 77,579,267 74,699,030 47,155,408 27,543,622
1824 80,549,007 75,986,657 50,649,500 25,337,157
1825 96,340,075 99,535,388 66,944,745 32,590,643
1826 84,974,477 77,595,322 53,055,710 24,539,612
1827 79,484,068 82,324,827 58,921,691 23,403,136
1828 88,509,824 72,264,686 50,669,669 21,595,017
1829 74,492,527 72,358,671 55,700,193 16,658,478
1830 70,876,920 73,849,508 59,462,029 14,387,479
1831 103,191,124 81,310,583 61,277,057 20,033,526
1832 101,029,266 87,176,943 63,137,470 24,039,473
1833 108,118,311 90,140,433 70,317,698 19,822,735
1834 126,521,332 104,336,973 81,034,162 23,312,811
1835 149,895,742 121,693,577 101,189,082 20,504,495
1836 189,980,035 128,663,040 106,916,680 21,746,360
1837 140,989,217 117,419,376 95,564,414 21,854,962
1838 113,717,404 108,486,616 96,033,821 12,452,795
1839* 157,609,560 118,359,004 100,951,004 17,408,000

Note.—For the early years the aggregate of the value of imports does not appear on the official statement, and has been estimated at different amounts by different persons; and thus that column will not always correspond with former reports. But the difference will not be found so great as to affect materially any general result. [In former reports it is stated, that prior to the 1st of October, 1820, the official returns do not show the value of imports. Previous to 1796, the returns of exports did not discriminate between domestic and foreign productions.—Author.]

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remarks on the foregoing table.

It will be perceived that from the year 1789, to the year 1807 inclusive, the foreign commerce of the country experienced a gradually progressive increase. This was emphatically in the United States, the period of free trade. Scarcely an article was burdened with a duty higher than fifteen per cent.; and although numerous spoliations were committed during this period, by the British and French, who between them, captured upwards of a thousand vessels, yet the profits of trade and navigation were sufficiently inviting, to encourage our merchants to extend their operations.

On the 18th of April, 1806, the non-importation law was enacted, having a prospective operation.

On the 22d of December, 1807, a general embargo was laid, which continued until the 1st of March, 1809, when it was repealed by the passage of the non-intercourse act, which remained in force, until the 18th of June, 1812, when war was declared against Great Britain. The effect of these successive measures is shown in the table.

The restoration of peace consequent upon the treaty of Ghent, of 24th December, 1814, the news of which reached New York on the 11th of February, 1815, set commerce again in motion; and had it not been for the restrictive system which was commenced in 1816, and continued by successive enactments in the years 1818, 1824, and 1828, the imports and exports at this day would probably have exceeded two hundred millions of dollars.

In 1833, the compromise act was passed, providing for a gradual reduction of duties; and since that period, it will be perceived, there has been a great augmentation of trade, swelled in amount, it is true, in particular years by speculative excitement, but exhibiting for the last six years so great an excess over the six years immediately preceding, as to prove incontestibly the beneficial effects of a reduction of duties.

For the use of those who may wish to calculate the rate per head of the imports or exports at different periods, the following table is given of the population of the United States at the several periods mentioned.

1790 3,929,328.
1800 5,309,758.
1810 7,239,903.
1820 9,638,166.
1830 12,838,670.

The census of 1840, which has not yet been completed, it is supposed, will give about 17,000,000 as the present population.—Author.

*

This prophecy was fulfilled in the year 1833.

*

This direct tax was laid on the 25th of March, 1831.

*

The North American Review took the restrictive side of the question in January, 1830, the month in which this article was written.

†

The author of this Report was Henry Lee. Esq., the gentleman who received the vote of South Carolina, for the Vice Presidency of the United States, in 1832.

*

The author of this Exposition was Mr. Calhoun, late Vice President of the United States.

*

John Sarchett, of Philadelphia, is the individual here alluded to.

*

This is a truth well known in reference to cotton. The English manufacturer is seldom obliged to pay more for it, than the American manufacturer of the Northern states, and what little difference does at times exist, is of trifling account.

*

In June, 1834, Congress reduced the weight of pure gold contained in an eagle, from 247 1-2 to 232 grains, retaining its equivalency to ten silver dollars.

*

Since the reduction of the duty on the wine of Madeira, the exports to that island have been as follows—

1829 $175,074
1830 155,719
1831 171,563
1832 145,667
1833 119,341

This statement shews an increase, but one so small, as to prove, incontestibly, the difficulty of restoring a commerce once lost.

*

By the annual Commercial Statement of the year ending on the 30th September, 1829, subsequently published, it appears that the quantity of flour exported to England, Ireland and Scotland was 221,176 barrels, equal to 1,105,680 bushels, besides 4001 bushels of wheat. 251,564 bushels of corn, and 130 barrels of Indian meal—being less than the one-tenth of what was imported.

*

Fifty kilogrames are equal to one hundred and ten and one-quarter pounds avoirdupois.

*

The following are the amounts of imports and exports to and from all parts of the world, as furnished by the Reports of the Secretary of the Treasury. Prior to 1821 the value of imports was not given.

Imports. Exports.
1821, 62,585,724 64,974,382
1822, 83,241,541 72,160,281
1823, 77,579,267 74,699,030
1824, 80,549,007 75,986,657
1825, 96,340,075 99,535,388
1826, 84,974,477 77,595,322
1827, 79,484,068 82,324,827
1828, 88,509,824 72,264,686
1829, 74,492,527 72,358,671
*

Imports from 1821, when the value was first shown by the custom-house returns

1821 $62,585,724
1822 83,241,541.
1823 77,579,267
1824 80,549,007.
1825 96,340,075.
1826 84,974,477.
1827 79,484,068.
1828 88,500,824.
1829 74,492,527.
1830 70,876,920.
*

The width of this cloth is usually about a yard and a half.

*

This address was written by the late Henry D. Sedgwick, Esq. who was present at the meeting.

*

The total value of cotton goods shipped to India, from the United States, during the years 1826-’27-’28-’29, was $12,710.

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