The Diplomatic Correspondence of the American Revolution, Vol. 04
History
The Diplomatic Correspondence of the American Revolution, Vol. 04
United States -- Foreign relations -- 1775-1783; United States -- History -- Revolution, 1775-1783 -- Sources
When the commercial article, mentioned in yours of the 26th, was
struck out of our proposed preliminaries by the British Ministry, the
reason given was, that sundry acts of Parliament still in force were
against it, and must be first repealed, which I believe was really
their intention, and sundry bills were accordingly brought in for
that purpose; but new Ministers with different principles succeeding,
a commercial proclamation totally different from those bills has
lately appeared. I send enclosed a copy of it. We shall try what can
be done in the Definitive Treaty towards setting aside that
proclamation, but if it should be persisted in, it will then be a
matter worthy the attentive discussion of Congress, whether it will be
most prudent to retort with a similar regulation in order to force its
repeal, (which may possibly tend to bring on another quarrel) or to
let it pass without notice, and leave it to its own inconvenience, or
rather impracticability in the execution, and to the complaints of the
West India planters, who must all pay much dearer for our produce
under those restrictions.
I am not enough master of the course of our commerce to give an
opinion on this particular question, and it does not behove me to do
it; yet I have seen so much embarrassment and so little advantage in
all the restraining and compulsive systems, that I feel myself
strongly inclined to believe, that a State, which leaves all her ports
open to all the world upon equal terms, will, by that means, have
foreign commodities cheaper, sell its own productions dearer, and be
on the whole the most prosperous. I have heard some merchants say,
that there is ten per cent difference between _Will you buy?_ and
_Will you sell?_ When foreigners bring us their goods, they want to
part with them speedily, that they may purchase their cargoes and
despatch their ships, which are at constant charges in our ports; we
have then the advantage of their _Will you buy?_ And when they demand
our produce, we have the advantage of their _Will you sell?_ And the
concurring demands of a number also contribute to raise our prices.
Thus both those questions are in our favor at home, against us
abroad.
The employing, however, of our own ships and raising a breed of seamen
among us, though it should not be a matter of so much private profit
as some imagine, is nevertheless of political importance, and must
have weight in considering this subject.
Public-domain text, read in full here on John Shaqi.
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