The national revenue is impaired in two ways: first, at the custom-house on our frontier, which, under the operation of the treaty, yields little or nothing, when it might yield much; and, secondly, it is impaired through the check and embarrassment the treaty causes in our internal taxation.
He outlines two specific ways the treaty negatively affects national revenue.
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It is larger than the entire profit of all the commerce and manufactures of the world.
It is clear that the only question of present practical interest arises from the usurpations of the Slave Power and the efforts to extend Slavery.
At Baltimore the delegation of the most important State in the Union, known to be in favor of the Wilmot Proviso, was refused admission to the Convention.
They are but leaders of the two contending factions into which the Slave Power is divided.
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