1/27 "FREE TRADE AND SAILORS' RIGHTS". The most imperative need was a series of retaliatory measures to meet the burdensome navigation laws of England, to give American ships a fair field and no favors. The Atlantic trade was therefore stimulated by allowing a reduction of ten per cent of the customs duties on goods imported in vessels built and owned by American citizens. The East India trade, which already employed forty New England ships, was fostered in like manner. |