Constitutional history -- United States -- Sources; Constitutional law -- United States
If we continue united, we may counteract a policy so unfriendly to our
prosperity in a variety of ways. By prohibitory regulations, extending,
at the same time, throughout the States, we may oblige foreign
countries to bid against each other, for the privileges of our markets.
This assertion will not appear chimerical to those who are able to
appreciate the importance of the markets of three millions of
people—increasing in rapid progression, for the most part exclusively
addicted to agriculture, and likely from local circumstances to remain
so—to any manufacturing nation; and the immense difference there would
be to the trade and navigation of such a nation, between a direct
communication in its own ships, and an indirect conveyance of its
products and returns, to and from America, in the ships of another
country. Suppose, for instance, we had a government in America, capable
of excluding Great Britain (with whom we have at present no treaty of
commerce) from all our ports; what would be the probable operation of
this step upon her politics? Would it not enable us to negotiate, with
the fairest prospect of success, for commercial privileges of the most
valuable and extensive kind, in the dominions of that kingdom? When
these questions have been asked, upon other occasions, they have
received a plausible, but not a solid or satisfactory answer. It has
been said that prohibitions on our part would produce no change in the
system of Britain, because she could prosecute her trade with us
through the medium of the Dutch, who would be her immediate customers
and paymasters for those articles which were wanted for the supply of
our markets. But would not her navigation be materially injured by the
loss of the important advantage of being her own carrier in that trade?
Would not the principal part of its profits be intercepted by the
Dutch, as a compensation for their agency and risk? Would not the mere
circumstance of freight occasion a considerable deduction? Would not so
circuitous an intercourse facilitate the competitions of other nations,
by enhancing the price of British commodities in our markets, and by
transferring to other hands the management of this interesting branch
of the British commerce?
Public-domain text, read in full here on John Shaqi.
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