Tag Archives: Regulation

If at all possible, keep government out of it!

With respect to the 5th. section, taking from coasting vessels employed in this trade the privilege of carrying any foreign articles, if yourself & mr Steele concurred in this, I should be content with it. but if you were of a different opinion, I should join you on the general principle of never imposing a restriction which can be done without.
To Albert Gallatin, August 14, 1802

Patrick Lee’s Explanation
Wise leaders keep their hands off when they can.
Gallatin, Jefferson’s Secretary of Treasury, had critiqued regulations regarding shipping in the coastal regions surrounding Spanish-controlled New Orleans. One of those regulations required American vessels to carry only American goods. The President deferred to Gallatin’s judgment in the matter.

If Gallatin favored the restriction, Jefferson would support his decision. If, however, Gallatin favored a hands-off policy, allowing ships to carry foreign goods, too, that was more to Jefferson’s liking. He preferred staying out of a matter that didn’t require government’s intervention.

“The question and answer aspect of your program …
kept our members in their seats until the very end.”
Executive Director, Association of Indiana Counties
Mr. Jefferson delights to answer your members’ questions after his remarks. No holds barred!
Invite him to speak. Call 573-657-2739
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