“I think all the world would gain by setting commerce at perfect liberty.”
Source: Memoir, correspondence, and miscellanies from the papers of T. Jefferson
“Measures which serve to abridge the free competition of foreign Articles, have a tendency to occasion an enhancement of prices.”
Source: Report of the Secretary of the Treasury of the United States, on the Subject of Manufactures: Presented to the House of Representatives, December 5, 1791
“Industry is increased, commodities are multiplied, agriculture and manufacturers flourish: and herein consists the true wealth and prosperity of a state.”
Source: The works of Alexander Hamilton: comprising his correspondence, and his political and official writings, exclusive of the federalist, civil and military
“War is not the best engine for us to resort to; nature has given us one in our commerce, which if properly managed, will be a better instrument for obliging the interested nations of Europe to treat us with justice.”
Source: Thomas Jefferson: Thoughts on War and Revolution : Annotated Correspondence
“Every new regulation concerning commerce or revenue; or in any manner affecting the value of the different species of property, presents a new harvest to those who watch the change and can trace its consequences; a harvest reared not by themselves but by the toils and cares of the great body of their fellow citizens. This is a state of things in which it may be said with some truth that laws are made for the few not for the many.”
Source: The Federalist: On the New Constitution; Written in 1788, by Mr. Hamilton, Mr. Jay, and Mr. Madison
“The prosperity of commerce is now perceived and acknowledged by all enlightened statesmen to be the most useful as well as the most productive source of national wealth, and has accordingly become a primary object of their political cares.”
Source: The Federalist, on the New Constitution
“The natural effect of low interest is to increase trade and industry; because undertakings of every kind can be prosecuted with greater advantage.”
Source: Reports of the secretary of the Treasury of the United States
“But the greatest obstacle of all to the successful prosecution of a new branch of industry in a country, in which it was before unknown, consists . . . in the bounties, premiums, and other aids which are granted, in a variety of cases, by the nations, in which the establishments to be imitated are previously introduced.”
Source: Reports of the Secretary of the Treasury of the United States, Prepared in Obedience to the Act of the 10th May, 1800: ... to which are Prefixed, the Reports of Alexander Hamilton, on Public Credit, on a National Bank, on Manufactures, and on the Establishment of a Mint ... Printed by Order of the Senate of the United States
“There is at this present juncture, a certain fermentation of mind, a certain activity of speculation and enterprise which if properly directed may be made subservient to useful purposes; but which if left entirely to itself, may be attended with pernicious effects.”
Source: Reports of the Secretary of the Treasury of the United States, Prepared in Obedience to the Act of the 10th May, 1800: ... to which are Prefixed, the Reports of Alexander Hamilton, on Public Credit, on a National Bank, on Manufactures, and on the Establishment of a Mint ... Printed by Order of the Senate of the United States
“The tendency of a national bank is to increase public and private credit. The former gives power to the state, for the protection of its rights and interests: and the latter facilitates and extends the operations of commerce among individuals. Industry is increased, commodities are multiplied, agriculture and manufacturers flourish: and herein consists the true wealth and prosperity of a state.”
Source: The works of Alexander Hamilton: comprising his correspondence, and his political and official writings, exclusive of the federalist, civil and military