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Editorial April 29, 1785

Fowle's New Hampshire Gazette And General Advertiser

Portsmouth, Rockingham County, New Hampshire

What is this article about?

A correspondent urges Congress to sell public lands acquired from Indians in 1784 to discharge the U.S. national debt of about 42 million dollars from 1783, instead of imposing internal taxes on citizens' industry and produce. Advocates imposts on foreign articles to encourage domestic manufactures, agriculture, and commerce, warning against becoming bankrupt and dependent on foreign trade like Africa or India.

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It were devoutly to be wished, says a correspondent, that these lands might be honestly disposed of by Congress, for the discharge of our national incumbrances.

The debt of the United States, both foreign and domestic, including principal and interest, stood, in 1783, at about forty-two millions of dollars. May not that debt be paid off at one third of the sum in ready money? Or, will not one half of the lands acquired from the Indians in 1784, be more than sufficient for the purpose? With such resources, is it our interest to become bankrupts, to expose ourselves as a sneaking, pilfering band of swindlers, and establish a sharping, trickish, fraudulent, faithless, deceitful national character, throughout the universe? With such resources, and that of an impost on all foreign articles, shall we continue most absurdly, to burden the people, by perpetually taxing their industry, and the manufactures and produce of this country, which are the effects of that industry? Or, is it not more for our advantage to enable Congress to dispose of the public lands, in order to pay honest debts—to encourage our own industry, manufactures, agriculture and commerce, by wise imposts and restrictions upon those of foreign nations, who now pay nothing to indemnify us for draining the country of all its cash? But unless speedy and decisive measures are taken, our citizens will not even be what they have been since the late war, the fairs of foreign merchants; we shall sink to the same state with the coasts of Africa or India, where the whole trade is in the hands of foreigners—where foreigners are every thing—and the natives nothing.

What sub-type of article is it?

Economic Policy Taxation Trade Or Commerce

What keywords are associated?

National Debt Public Lands Imposts Internal Taxation Domestic Industry Foreign Trade Congressional Action

What entities or persons were involved?

Congress United States Indians

Editorial Details

Primary Topic

Disposal Of Public Lands To Pay National Debt

Stance / Tone

Strongly Advocating Land Sales And Imposts Over Internal Taxation To Avoid National Bankruptcy

Key Figures

Congress United States Indians

Key Arguments

National Debt In 1783 Was About 42 Million Dollars Debt Could Be Paid With One Third In Ready Money Or Half The Lands From Indians In 1784 Avoid Bankruptcy And Fraudulent National Character By Using Land Resources Imposts On Foreign Articles Preferable To Taxing Domestic Industry And Produce Encourage Own Industry, Manufactures, Agriculture, And Commerce Via Restrictions On Foreign Goods Without Action, U.S. Will Become Like Africa Or India, Dependent On Foreign Trade

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