Indigo and tobacco, two special products of the South, were protected by prohibitory duties, while the raising of cotton was encouraged by a duty of three cents per pound on the imported article.

Mr.Burke of South Carolina said the culture of cotton was contemplated on a large scale in the South, "if good seed could be procured." The manufacture of iron, wool, leather, paper, already in some degree developed, was stimulated by the bill.

The fisheries were aided by a bounty on every barrel caught; and the navigation interest received a remarkable encouragement by providing that "a discount of ten per cent on all duties imposed by this Act shall be allowed on such goods, wares, and merchandise as shall be imported in vessels built in the United States, and wholly the property of a citizen or citizens thereof." The bill throughout was an American measure, designed to promote American interests; and as a first step in a wide field of legislation, it was characterized in an eminent degree by wisdom, by moderation, and by a keen insight into the immediate and the distant future of the country.

The ability which framed the Constitution was not greater than that displayed by the first generation of American statesmen who were called to legislate under its generous provisions and its wise restrictions.
These great statesmen proceeded in the light of facts which taught them that, though politically separated from the mother country, we were still in many ways dependent upon her, in as large a degree as when we were Colonies, subject to her will and governed for her advantage.

The younger Pitt boasted that he had conquered the Colonies as commercial dependencies, contributing more absolutely and in larger degree to England's prosperity than before the political connection was severed.