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Updated: May 21, 2025
The view of this Government is that, in the longer run, our economic prosperity and the prosperity of the whole world are best served by the elimination of artificial barriers to international trade, whether in the form of unreasonable tariffs or tariff preferences or commercial quotas or embargoes or the restrictive practices of cartels.
*On this subject the government appears sometimes to have adopted the maxim that prevention is better than punishment; for, in several instances, they seized on manuscripts, and laid embargoes on the printers' presses, where they only suspected that a work which they might disapprove was intended to be published.
Embargoes, tariffs, quarantine, and all other laws, keep men from doing as they please. Restraints are the web of society, warp and woof. Are they slavery? then civilized society is a giant slave a government of LAW, the climax of slavery, and its executive, a king among slaveholders. Compulsory service. A juryman is empannelled against his will, and sit he must.
They were neutral rights, Orders in Council, French Decrees, impressment, embargoes, non-intercourse acts, the conduct of England, the insolence of the French Directory, the triumphs and the treachery of Napoleon. Every Federalist sympathized with England; every Republican was a warm supporter of France. But with the close of the war in 1815, all this ended. Napoleon was sent to St. Helena.
Though from time to time many restrictive statutes have been modified and many repealed, other restrictive statutes have been enacted. Today the same process is going on. While now and then restrictions and embargoes of longer or shorter standing are removed, there is still the same tendency to enact other restrictions and prohibitions.
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