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Report on Manufactures
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==Opposition== Leading opponents of Alexander Hamilton's economic plan included [[Thomas Jefferson]] (until later years) and [[James Madison]], who were opposed to the use of subsidy to industry, along with most of their fledgling [[Democratic-Republican Party]]. Instead of bounties they reasoned in favor of high tariffs and restrictions on imports to increase manufacturing, which was favored by the manufacturers themselves, who desired protection of their home market.{{Citation needed|date=January 2010}} Although the Jeffersonian stance originally favored an "agrarian" economy of farmers, it changed over time to encompass many of Hamilton's original ideas:{{sfn|Irwin|2004|pp=819β20. "The tumultuous experience of dealing with British trade policies after independence had transformed Jefferson from someone who had written in 1785 that farmers were 'the chosen people of God' and had pleaded 'let our workshops remain in Europe' to conceding in 1816 that 'we must now place the manufacturer by the side of the agriculturalist.' 'Within the thirty years that have elapsed, how are circumstances changed!' Jefferson wrote. "[E]xperience has taught me that manufactures are now as necessary to our independence as to our comfort"}} Also, "the Madison administration helped give rise to the first truly protectionist tariff in U.S. history."{{sfn|Irwin|2004|p=819}}
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