The Life of George Washington, Vol. 5: Commander in Chief of the American Forces During the War; which Established the Independence of his Country and First; President of the United StatesMarshall, John
History
The Life of George Washington, Vol. 5: Commander in Chief of the American Forces During the War; which Established the Independence of his Country and First; President of the United States
Marshall, John
Generals -- United States -- Biography; Presidents -- United States -- Biography; Washington, George, 1732-1799
They admitted the subject before the committee to be of a commercial
nature, but conceived it to be impracticable to do justice to the
interests of the United States, without some allusions to politics.
The question was in some measure general. They were to inquire how far
it was the interest of this country by commercial regulations to vary
the state of commerce now existing. They were of opinion that most of
the injuries proceeding from Great Britain were inflicted for the
promotion of her commercial objects, and were to be remedied by
commercial resistance. The Indian war, and the Algerine attack,
originated both in commercial views, or Great Britain must stand
without excuse for instigating the most horrid cruelties. The
propositions before the committee were the strongest weapon America
possessed, and would, more probably than any other, restore her to all
her political and commercial rights. They professed themselves the
friends of free trade, and declared the opinion that it would be to
the general advantage, if all commerce was free. But this rule was not
without its exceptions. The navigation act of Great Britain was a
proof of the effect of one exception on the prosperity of national
commerce. The effect produced by that act was equally rapid and
extensive.
There is another exception to the advantages of a free trade, where
the situation of a country is such with respect to another, that by
duties on the commodities of that other, it shall not only invigorate
its own means of rivalship, but draw from that other the hands
employed in the production of those commodities. When such an effect
can be produced, it is so much clear gain, and is consistent with the
general theory of national rights.
The effect of leaving commerce to regulate itself is to submit it to
the regulation of other nations. If the United States had a commercial
intercourse with one nation only, and should permit a free trade,
while that nation proceeded on a monopolizing system, would not the
carrying trade be transferred to that nation, and with it, the
maritime strength it confers be heaped upon a rival? Then, in the same
proportion to the freedom granted to the vessels of other nations in
the United States, and to the burdens other nations impose on American
vessels, will be the transfer of those maritime resources.
The propositions before the committee should be examined as they
concern navigation, manufactures, and the just principles of
discrimination that ought to prevail in their policy to nations having
treaties with them.
Public-domain text, read in full here on John Shaqi.
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