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Updated: June 8, 2025
The warehousing system would enable the importer to watch the market and to select his own time for offering his goods for sale. A profitable portion of the carrying trade in articles entered for the benefit of drawback must also be most seriously affected without the adoption of some expedient to relieve the cash system.
Gracchus saw that the work of supply needed thorough organisation in regard to production, transport, warehousing, and finance, and set about it with a delight in hard work such as no Roman statesman had shown before, believing that if the people could be fed cheaply and regularly, they would cease to be "a troublesome neighbour."
"It seems so hard," said the Resident, "that after Dr Morley and I had gone over the matter as we did respecting provisioning the place, we should not have made other arrangements for warehousing our permanent supplies. I felt that, with a strong military force for the protection of the storehouses, nothing more could be done."
In the first place, Robert's attention was directed to getting possession of the whole block of buildings, in which the existing school and lecture-rooms took up only the lowest floor. This was a matter of some difficulty, for the floors above were employed in warehousing goods belonging to various minor import trades, and were held on tenures of different lengths.
He filled his warehousing rooms with merchandise from barges going down the river, and with gold seized from unhappy merchants on their way up. He thought no more of cutting a throat than of cutting a purse, and it was only when he became amazingly wealthy that the increase of years brought trouble to a conscience which all men thought had ceased to exist.
I refer you also to that report for the means proposed by the Secretary to increase the revenue, and particularly to that portion of it which relates to the subject of the warehousing system, which I earnestly urged upon Congress at its last session and as to the importance of which my opinion has undergone no change.
This my warehousing jar tells me, partly. Unable to keep its balance on sloping surfaces, it drops to the bottom of the receptacle, where I find it, daily, as hatched, wandering restlessly.
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