Report of the Secretary of the Treasury of the United States, on the Subject of Manufactures; Presented to the House of Representatives, December 5, 1

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1793. Excerpt: ... The SECRETARY Of The TREASURY, IN Obedience to the Order of the House of RepresenTatives, of the 1 $th of January, 1790, has applied his Attention, at as early a Period as his other Duties roouldpermit, to the Subject O/manufactures; and particularly to the Means of promoting such as will tend to render the United States independent on foreign Nations, for Military and other essential Supplies : ASO HE TIIKRIUPON T. E S P IC T F U t. L Y SUBMITS THS FO L L OWIX CS REPORT. The expediency of encouragjng manufactures In the United States, which was not long since deemed very questionable, appears at this time to be pretty generally admitted. The embarrassments which have obstructed the progress of our external trade, have led to serious reflections on the necessity of enlarging the sphere of our domestic commerce: the restrictive regulations which in foreign markets abridge the vent of the increasing surplus of our agricultural produce, serve to beget an earnest desire, that a more extensive demand for that surplus may be Created at home: And the complete success which has rewarded manufacturing enterprise, in some valuable branches, conspiring with the promising symptoms which attend some less B mature mature essays in others, justify a hope, that the obstacles to the growth of this species of industry are less formidable than they were apprehended to be; and that it is not difficult to find, in its surther extension, a full indemnification for any external difadvantages, which are or may be experienced, as well as an accession of resources, favourable to national independence and fasety. There still are, nevertheless, respectable patrons of opinions, unfriendly to the encouragement of manufactures.--The following are, substantially, the arguments by which ...