History of the Origin, Formation, and Adoption of the Constitution of the United States, Vol. 1: With Notices of Its Principle FramersCurtis, George Ticknor
History
History of the Origin, Formation, and Adoption of the Constitution of the United States, Vol. 1: With Notices of Its Principle Framers
Curtis, George Ticknor
Constitutional history -- United States
[353] One of the necessary and immediate effects of the Revolution of
course was, the loss of the exclusive commercial advantages which this
country had enjoyed with Great Britain and her dependencies; and the
prohibitory acts and impositions, which fell with their full weight on
the American trade, after the peace, were particularly disastrous to the
trade of Massachusetts. The whale fishery, a business of great
importance, had brought into the Province, before the war, 172,000
guineas per annum, giving employment to American seamen, and not
requiring the use of any foreign materials, except a small quantity of
cordage. A duty was now laid on whale oil in England of £18 per tun. In
addition to the loss thus sustained, the exportation of lumber and
provisions in American bottoms to the West Indies was entirely
prohibited. Another great inconvenience, which came in fact to be
intolerable, was the vast influx of British goods, consigned to English
factors for sale, depriving the native merchants, manufacturers, and
artisans of the market. At the same time, the revenue of the State,
derived from impost and excise duties and a tax on auctions of one per
cent., fell short of the annual interest on the private debt of the
State, 30,000 pounds (currency) per annum, and a tax of 20,000 pounds
(currency) was computed to be necessary to cancel the debt, principal
and interest, in fifteen years, and pay the ordinary charges of the
government. Besides this, the State's proportion of the federal debt was
to be provided for. It was in this state of things that two remarkable
popular meetings were held in Boston, in the spring of 1785, to act upon
the subject of trade and navigation, and to call the attention of
Congress to the necessity for a national regulation of commerce. The
first was a meeting of the merchants and tradesmen, convened at Faneuil
Hall on the 18th of April. They appointed a committee to draft a
petition to Congress, representing the embarrassments under which the
trade was laboring, and took measures to cause the legislature to call
the attention of the delegation in Congress to the importance of
immediate action upon the subject. They also established a committee of
correspondence with the merchants in the other seaports of the United
States, to induce a similar action; and they entered into a pledge not
to purchase any goods of the British merchants and factors residing in
Boston, who had made very heavy importations, which tended to drain the
specie of the State. The other meeting was an assembly of the artisans
and mechanics, held at the Green Dragon Tavern, on the 28th of April, at
which similar resolutions were adopted. It is quite apparent, from these
proceedings, that all branches of industry were threatened with ruin;
and in the efforts to counteract the effects of the great influx of
foreign commodities, we trace the first movements of a popular nature
towards a national control over commerce.
Public-domain text, read in full here on John Shaqi.
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