es of each
were calculated. If Great Britain purchased more American produce than
she consumed, it was because, all circumstances considered, it was the
interest of America to sell her more than she consumed. While this
interest continued, no mischief could result from the fact; when the
cause should cease, the effect would cease also, without the
intervention of the legislature.
It was very improbable that the resolutions under consideration would
effect their other avowed object, a repeal of the British navigation
act.
The season, it was said, was peculiarly unfavourable to such
experiments. The internal convulsions of France had laid her
manufactures in ruins. She was not in a condition to supply her own
wants, much less those of the United States. The superb column erected
at Lyons could furnish no stimulus to the industry of her
manufacturers.
But the attempt to stop the natural intercourse between the United
States and Great Britain, though incapable of producing on the latter
the full effect which was desired, might inflict deep and lasting
wounds on the most essential interests of the former. The injuries
which their agriculture would sustain from the measure, might be long
and severely felt.
It had been proudly stated, that while America received articles which
might be dispensed with, she furnished in return the absolute
necessaries of life; she furnished bread, and raw materials for
manufactures. "One would think," said Mr. Tracy, "to hear the
declarations in this house, that all men were fed at the opening of
our hand; and, if we shut that hand, the nations starve, and if we but
shake the fist after it is shut, they die." And yet one great
objection to the conduct of Britain was, her prohibitory duty on the
importation of bread stuff while it was under a certain price.
Nothing could be more deceptive than the argument founded on the
nature of American exports. What, it was asked, would be done with the
surplus produce of the United States? Was it to remain in the country,
and rot upon the hands of those who raised it? If not, if it was to be
exported, it would find its way to the place of demand. Food would
search out those who needed it; and the raw material would be carried
to the manufacturer whose labour could give it value.
But there was a much more serious aspect in which this subject ought
to be placed. The products of America grew in other soils than hers.
The demands for them might be
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