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Subject Area: Economics
Topic: Money and Banking
Subject Area: Political Theory
Topic: The American Revolution and Constitution

wood - Alexander Hamilton, The Works of Alexander Hamilton, (Federal Edition), vol. 4 [1790]

Edition used:

The Works of Alexander Hamilton, ed. Henry Cabot Lodge (Federal Edition) (New York: G.P. Putnam’s Sons, 1904). In 12 vols. Vol. 4.

Part of: The Works of Alexander Hamilton, (Federal Edition), 12 vols.

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wood

Several manufactures of this article flourish in the United States. Ships are nowhere built in greater perfection, and cabinet wares generally are made little, if at all, inferior to those of Europe. Their extent is such as to have admitted of considerable exportation.

An exemption from duty of the several kinds of wood ordinarily used in these manufactures, seems to be all that is requisite, by way of encouragement. It is recommended by the consideration of a similar policy being pursued in other countries, and by the expediency of giving equal advantages to our own workmen in wood. The abundance of timber, proper for ship-building in the United States, does not appear to be any objection to it. The increasing scarcity and growing importance of that article, in the European countries, admonish the United States to commence, and systematically to pursue, measures for the preservation of their stock. Whatever may promote the regular establishment of magazines of ship timber, is in various views desirable.