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To: Luis Gonzalez
Ah, Willie, according to the index used to figure this out, the more restrictions a government imposes on free trade,

The First Federal Revenue Law

On April 8, James Madison, once again a congressman from Virginia, addressed the House. He went right to the point. Congress, he said, must "remedy the evil" of "the deficiency in our Treasury." He argued that "[a] national revenue must be obtained," but not in a way "oppressive to our constituents." He then proposed that the House adopt legislation, virtually identical to the unimplemented Confederation tariff, imposing a five-percent tariff on all imports....

...A single, uniform tariff, he insisted, had two advantages. First, it could be imposed quickly, which was important because "the prospect of our harvest from the Spring importations is daily vanishing." Second, it was consistent with the principles of free trade ("commercial shackles," he said, "are generally unjust, oppressive, and impolitic")


32 posted on 01/06/2005 1:57:28 PM PST by Willie Green (Go Pat Go!!!)
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To: Willie Green

LOL!!!

Madison isn't alive today Willie.


34 posted on 01/06/2005 1:59:00 PM PST by Luis Gonzalez (Some people see the world as they would want it to be, effective people see the world as it is.)
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