THE SPEECHES OF MR. SMITH, OF SOUTH CAROLINA, DELIVERED IN THE HOUSE OF REPRESENTATIVES OF THE UNITED STATES, IN JANUARY 1794. ON THE SUBJECT OF CERTAIN COMMERCIAL REGULATIONS, PROPOSED BY MR. MADISON, IN THE COMMITTEE OF THE WHOLE, ON THE REPORT OF THE SECRETARY OF STATE.
Philadelphia: 1794. 75, [1 blank] pp, lacking the one folding table. Disbound and stitched. Scattered light foxing, light wear. Signature clipped from upper forecorner of title leaf.
Smith, a Federalist Congressman, speaks on proposals authored by Congressman Madison and Secretary of State Jefferson to enact tariffs in response to commercial restrictions imposed by European nations, particularly England. Smith says Madison and Jefferson have "induced a false estimate of the comparative condition of our commerce with certain foreign nations," in order to "urge the Legislature to adopt a scheme of retaliating regulations, restrictions, and exclusions." He closely examines the commercial regulations of France and England, "the two powers with whom we have the most extensive relations in trade"; and concludes that England is more liberal by far than France in its regulation of trade with the United States. Examining exports, imports, and navigation practices and policies in remarkable detail, he urges that the Nation avoid an unnecessary trade war which would derail its remarkable progress. Item #25177
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