suggested that it would be unwise to apply this principle without regard
to particular circumstances. "Although interest will, in general, operate
effectually to produce political good, yet there are causes in which
certain factitious circumstances may divert it from its natural channel,
or throw or retain it in an artificial one." In language which now
reads like prophecy he referred to cases "where cities, companies, or
opulent individuals engross the business from others, by having had an
uninterrupted possession of it, or by the extent of their capitals being
able to destroy a competition." The same situation could occur between
nations, and had to be considered. There was some truth, he also thought,
in the opinion "that each nation should have within itself the means of
defense, independent of foreign supplies," but he considered that this
argument had been urged beyond reason, as "there is good reason to believe
that, when it becomes necessary, we may obtain supplies abroad as readily
as any other nation whatsoever." He instanced as a cogent reason in favor
of protective duties that, as the States had formerly the power of making
regulations of trade to cherish their domestic interests, it must be
presumed that, when they put the exercise of this power into other hands
by adopting the Constitution, "they must have done this with the
expectation that those interests would not be neglected" by Congress.

Actuated by such views, and doubtless also influenced by the great need
for revenue, Madison was on the whole favorable to amendments extending
the list of dutiable articles. Though there were conflicts between members
from manufacturing districts and those from agricultural constituencies,
and though the salt protectionists of New York had some difficulty in
carrying their point, the contention did not follow sectional lines. Coal
was added to the list on the motion of a member from Virginia. The duties
levied were, however, very moderate, ranging from five to twelve and
one-half per cent, with an exception in the case of one article that might
be considered a luxury.

The bill as it passed the House discriminated in favor of nations with
which the United States had commercial treaties. That is to say, it
favored France and Holland as against Great Britain, which had the bulk of
America's foreign trade. Though Madison insisted on this provision and was
supported by a large majority of the House, the Senate would n