Editing Report on Manufactures (section)

===Tariffs===
{{See also|List of tariffs in the United States|Tariffs in United States history|Protectionism in the United States}}
Hamilton reasoned that tariffs issued in moderation would raise revenue to fund the nation. The tariff could also be used to encourage domestic or national manufacturing and growth of the economy by applying the funds raised in part towards subsidies, then called bounties, to manufacturers. Hamilton sought to use the tariff for the following:

* Protect domestic [[infant industry argument|infant industries]] until they could achieve [[economies of scale]] and be able to compete with more established firms abroad.
* Raise revenue to pay the expenses of government.
* Raise revenue to directly support manufacturing through bounties (subsidies).