1Navigation and Trade, [25 June] 1790 (Madison Papers)
JM’s bill on navigation and trade (first presented on 17 May) was now under consideration. Jackson delivered a lengthy speech in reply to JM’s former arguments, quoting Adam Smith’s Wealth of Nations to show that it was against the interest of agricultural nations to cramp the trade of mercantile states by laying high duties. Laurance, Tucker, and Smith (South Carolina) also opposed the bill....