Mary Jane Dowd, msa_sc5330_23_8, Image No: 24   Enlarge and print image (41K)          << PREVIOUS  NEXT >>
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Mary Jane Dowd, msa_sc5330_23_8, Image No: 24   Enlarge and print image (41K)          << PREVIOUS  NEXT >>
112 MARYLAND HISTORICAL MAGAZINE times of payment, that the other debtors to the state . . . will be entitled to " under provision of an act passed for debtors that session.- Whether Amelung repaid the money to the state is uncertain, but it is probable that he did not, because in 1800 Amelung died while the New Bremen factory was still in financial difficulties. Amelung's son, Johann Friedrich Mag- nus Amelung, moved the glass factory to Baltimore in 1800, but by 1802 he had to cease operations because he too was in financial straits.los In the field of direct loans to businessmen the state's exper- ience in this first and only case probably disappointed all con- cerned. Evidently Amelung's failure made the state cautious in investing its funds in risky ventures, no matter how laud- able or desirable they seemed to be. Tax exemption, including the relief of all taxes for limited periods of time an new citizens, particularly merchants, manu- facturers, and artisans, was used by the state to attract desir- able citizens and- businesses to Maryland. Monopolistic priv- ileges and loans were used sparingly to aid private business in projects the General Assembly thought worthy and of benefit to Maryland. In the popular writings of the times, there was neither denunciation nor even discussion about the wisdom of the state's granting monopolies or privileges to individual businessmen. 3 CORPORATE PRIVILEGES AND STATE PARTICIPATION: TRANSPORTATION IMPROVEMENTS Incorporation of privately-owned business, by far the most important means of state aid to Maryland business during this period, was a method never before utilized by the General Assembly to promote private enterprise. Corporate privileges in Maryland before the war had been confined to the erection of municipal corporations like the City of Annapolis or the i°$ Md. sess, 1791 Resolutions. The 1791 act provided a six months stay on debts. F°a Quynn, 177. By an act of 1798 " for relief of certain foreigners " J. F. M. Amelung was secured in his property as if he had been a naturalized citizen at the time he acquired it.