The disadvantages of depending on a single nation for articles of necessary consumption was strongly pressed; and it was added as an evil of most serious magnitude, more truly alarming than any other of its features, that this commercial dependence produced an influence in their councils which enabled it, the more inconvenient it became by its constant growth, to throw the more obstacles in the way of a necessary remedy.

They entertained no apprehensions of injurious consequences from adopting the proposed resolutions. The interests of Great Britain would not suffer her to retaliate: and the intercourse between the two countries would not be interrupted further than was required by the convenience and the interests of the United States. But if Great Britain should retaliate, the effects of a commercial conflict would be felt by her, much more sensibly, than by the United States. Its effects would be felt in the shipping business, by the merchants, and above all by the manufacturer.

Calculations were offered, by comparing the total amount of British exports with those to the United States, to prove, that three hundred thousand British manufacturers would be suddenly thrown out of employment, by withdrawing the trade carried on between America and that country. In the complication of distress to which such a measure would reduce them, they would consider the United States as a natural asylum from wretchedness. But whether they remained in discontent at home, or sought their fortune abroad, the evil would be considered and felt by the British government as equally great, and they would surely beware of taking any step that might provoke it.

On the advantages of America in such a contest with a populous and manufacturing country, they dwelt with peculiar earnestness. She produced all the necessaries of life within herself, and could dispense with the articles received from others. But Great Britain, not producing them in sufficient abundance, was dependent on the United States for the supply of her most essential wants. Again, the manufacturer of that country was dependent on this for the sale of his merchandise which was to purchase his bread. Thus was produced a double dependence of Great Britain on the United States. She was also dependent on them for the raw materials which formed the basis of her manufactures. Her West Indies were almost completely dependent. This country furnished the best market for their productions, and was almost the only one which could supply them with the necessaries of life. The regulation excluding the provisions of other foreign countries was entitled to no consideration. It was of ancient date, and had remained untouched because there was no other foreign country by which provisions could be supplied.

That the commercial regulations of Great Britain were as favourable to the United States as to other nations, ought not to satisfy America. If other nations were willing to bear impositions, or were unable to retaliate, their examples were not worthy of imitation. America was in a condition to insist, and ought to insist, on perfect commercial equality.

It was denied that any real advantage was derived from the extensive credit given by the merchants of Great Britain. On the contrary, the use made of British capital was pronounced a great political evil. It increased the unfavourable balance of trade, discouraged domestic manufactures, and promoted luxury. But its greatest mischief was, that it favoured a system of British influence, which was dangerous to their political security.

As the debate advanced, the expressions of exasperation against Britain became stronger; and occasionally allusions were made to those party questions which had long agitated the public mind, with a bitterness which marked their intimate connexion with the conduct of the United States to foreign countries.

It was said to be proper in deciding the question under debate, to take into view political, as well as commercial considerations. Ill will and jealousy had at all times been the predominant features of the conduct of England to the United States. That government had grossly violated the treaty of peace, had declined a commercial treaty, had instigated the Indians to raise the tomahawk and scalping knife against American citizens, had let loose the Algerines upon their unprotected commerce, and had insulted their flag, and pillaged their trade in every quarter of the world. These facts being notorious, it was astonishing to hear gentlemen ask how had Britain injured their commerce?

The conduct of France, on the contrary, had been warm and friendly. That nation respected American rights, and had offered to enter into commercial arrangements on the liberal basis of perfect reciprocity.

The period which Mr. Smith had taken as that at which the systems of the two nations should be compared with each other, was reprobated with peculiar severity. It was insinuated to proceed from a wish that the United States should directly countenance the restoration of despotism; and much regret was expressed that a distrust of the permanency of the French revolution should be avowed. It was hoped and believed that the present was the settled state of things; and that the old order of things was unsettled for ever: that the French revolution was as much more permanent than had been the French despotism, as was the great fabric of nature, than the petty plastic productions of art. To exclude the period since the revolution, would be to exclude some of the strongest evidences of the friendship of one nation, and the enmity of the other.