Townsend Harris Quotes
We do not wish to open your ports to foreign trade all at once.
Harris, Townsend. The Complete Journal of Townsend Harris, First American Consul General and Minister to Japan. Edited by Mario Emilio Cosenza, Doubleday, Doran & Company, 1930, pp. 484-488.
The U. S. was very protectionist in its early history. Grant overestimated the time that it would take for us to change by about 100 years.
A self-contained market would be one in which a country only makes products that it sells within its borders, and only sells products that in makes in the country. Very primitive cultures were self-contained markets, but trading generally takes place whenever two cultures interact unless politicians artificially prevent it.
Turgot was one of the most advanced economic thinkers in Europe and realized, even before most of the Americans, that by freeing itself England, that the Americans would be forced to become free traders and that in turn would make America a major Economic power despite the fact that American economic policy over the years vacillated between protectionism and free trade.
Townsend Harris was an American merchant and minor politician, and the first United States Consul General to Japan. He negotiated the "Harris Treaty" between the US and Japan and is credited as the diplomat who first opened Shogunate Japan to foreign trade and culture in the Edo period.