Presidents -- United States -- Biography; Washington, George, 1732-1799
It is impossible here, even were it necessary, to follow Washington's
action in regard to all the details which went to make up and to
sustain Hamilton's policy, to which, as a whole, Washington gave his
hearty approval and support. The revenue system, the public lands,
the arrangement of loans, the mint, all alike met with his active
concurrence. He was too great a man not to value rightly Hamilton's
work, and the way in which that work brought order, credit, honor, and
prosperity out of a chaos of debt and bankruptcy appealed peculiarly
to his own love for method, organization, and sound business
principles. He met every criticism on Hamilton's policy without
concession, and defended it when it was attacked. To Hamilton's genius
that policy must be credited, but it gained its success and strength
largely from the firm support of Washington.
There are two matters, however, connected with the Treasury
Department, which cannot be passed over in this general way. One was
a policy reasoned out and published by Hamilton, but never during his
lifetime put into the form of law in the broad and systematic manner
which he desired. The other was a consequence of his financial policy
as adopted, but which reached far beyond the bounds of financial
arrangements. The first was the policy set forth in Hamilton's Report
on Manufactures. The second was the enforcement of the excise and its
results.
The defense of our commerce against foreign discriminations was a
proximate cause of the movement which resulted in the Constitution of
the United States, and closely allied to it was the anxious wish to
develop our internal resources and our domestic industry. This idea
was not at all new. Sporadic attempts to start and carry on various
industries had been made during the colonial period. They had all
failed, either because the watchful mother-country took pains to
stifle them, or because lack of capital and experience, in addition to
foreign competition, killed them almost at their birth. The idea of
developing American industries was generally diffused for the
first time when the colonists strove to bring England to terms by
non-intercourse acts. The Americans then thought that they could carry
their points by making war upon the British pocket, and excluding
English merchants from their markets. The next step, of course, was
to supply their own markets themselves; and the non-intercourse
agreements, which were economically prohibitory tariff acts, gave a
fitful impulse to various simple industries. In the clash of arms this
idea naturally dropped out of the popular mind, but it began to revive
soon after the return of peace. The government of the confederation
was too feeble to adopt any policy in this or any other matter, but
in the first Congress the desire to develop American industries found
expression. The first tariff was laid primarily to raise the revenue
so sorely needed at that moment. But the effort to do this gave rise
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