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Updated: July 21, 2025
"If the troops are removed," he wrote, "the principal officers of the Crown, the friends of Government, and the importers of goods from England in defiance of the combination, who are considerable and numerous, must remove also," which would have been quite an extensive removal.
The former emperor gave a bounty of about fourpence on every peck of corn imported: and Claudius, during the time of the famine, made the bounty so great as, at all events, and in every instance, to secure the importers a certain rate of profit.
Ever, while vaunting its own probity and scoring those who defrauded it, the whole mercantile element was itself defrauding at every opportunity. One of the numberless noteworthy and conclusive examples of the absolute truth of this generalization was that of the great frauds perpetrated by the firm of Phelps, Dodge and Company, millionaire importers of tin, copper, lead and other metals.
The merchant importers, like all other merchants, we may believe, endeavour, as well as they can, to suit their occasional importations to what they judge is likely to be the immediate demand. With all their attention, however, they sometimes overdo the business, and sometimes underdo it.
Japan continued to place orders in America and treated the American importers with special politeness, even when she saw that the beginning of the boycott gave the gentlemen in Washington a terrible scare, prompting them to collect funds to relieve the famine in China and even renouncing all claim to the war indemnity of 1901 to smooth matters over.
He created the small beginnings of the carpet and rug importation from Asia Minor. His son, and in turn his son, followed him. They became bankers as well as importers. They helped very greatly to develop the trade of the Levant. They were not avaricious men, or usurers. It is not in our blood.
But he now renews his declamation against tea, notwithstanding the greatness or power of those that have interest or inclination to support it. I know not of what power or greatness he may dream. The importers only have an interest in defending it. I am sure, they are not great, and, I hope, they are not powerful.
On January, 3, 1873, Jayne set the full facts before his superior, George S. Boutwell, Secretary of the Treasury. ". . . Acording to ordinary modes of reckoning," he wrote, "a house of the wealth and standing of Phelps, Dodge and Company would be above the influences that induce the ordinary brood of importers to commit fraud.
The truth is, that such a system could not be carried into execution without exposing the country to the greatest possible evils: first of all, from want next from high prices, and also from a superabundance of corn, arising from the introduction of a greater quantity of wheat than required being in the country at a period when the scarcity might have been relieved by an abundant harvest; and, lastly, from the depression of prices, affecting not only the producers of corn in this country, but also the importers of foreign grain.
For the sake of enforcing the law, and for the sake of controlling the future condition of the smuggled slaves, forfeiture was imperative. Such a provision would not necessarily admit that the importers had had a title in the slaves before capture, but it and it alone would effectively divest them of any color of title to which they might pretend. The amendment was defeated by a vote of 36 to 63.
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