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What You Should Know / June 25, 2010 -- From the early days of colonization, industrial protec- tion was a controversial policy issue. To begin with, Britain did not want to industrialize the American colonies, and duly implemented policies to that effect (e.g., banning of high-value-added manufacturing activi- ties). Around the time of independence, the southern agrarian interests opposed any protection, and the north- ern manufacturing interests wanted it, represented by, among others, Alexander Hamilton, the first Secretary of the Treasury of the United States (1789–1795).

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