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
Calculations were offered, by comparing the total amount of British
exports with those to the United States, to prove, that three hundred
thousand British manufacturers would be suddenly thrown out of
employment, by withdrawing the trade carried on between America and
that country. In the complication of distress to which such a measure
would reduce them, they would consider the United States as a natural
asylum from wretchedness. But whether they remained in discontent at
home, or sought their fortune abroad, the evil would be considered and
felt by the British government as equally great, and they would surely
beware of taking any step that might provoke it.
On the advantages of America in such a contest with a populous and
manufacturing country, they dwelt with peculiar earnestness. She
produced all the necessaries of life within herself, and could
dispense with the articles received from others. But Great Britain,
not producing them in sufficient abundance, was dependent on the
United States for the supply of her most essential wants. Again, the
manufacturer of that country was dependent on this for the sale of his
merchandise which was to purchase his bread. Thus was produced a
double dependence of Great Britain on the United States. She was also
dependent on them for the raw materials which formed the basis of her
manufactures. Her West Indies were almost completely dependent. This
country furnished the best market for their productions, and was
almost the only one which could supply them with the necessaries of
life. The regulation excluding the provisions of other foreign
countries was entitled to no consideration. It was of ancient date,
and had remained untouched because there was no other foreign country
by which provisions could be supplied.
That the commercial regulations of Great Britain were as favourable to
the United States as to other nations, ought not to satisfy America.
If other nations were willing to bear impositions, or were unable to
retaliate, their examples were not worthy of imitation. America was in
a condition to insist, and ought to insist, on perfect commercial
equality.
It was denied that any real advantage was derived from the extensive
credit given by the merchants of Great Britain. On the contrary, the
use made of British capital was pronounced a great political evil. It
increased the unfavourable balance of trade, discouraged domestic
manufactures, and promoted luxury. But its greatest mischief was, that
it favoured a system of British influence, which was dangerous to
their political security.
As the debate advanced, the expressions of exasperation against
Britain became stronger; and occasionally allusions were made to those
party questions which had long agitated the public mind, with a
bitterness which marked their intimate connexion with the conduct of
the United States to foreign countries.
Public-domain text, read in full here on John Shaqi.
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