The Wealth of Nations by Part 4 Chapter 8 Page 8

Both the bounty upon the exportation of linen, and the exemption from duty upon the importation of foreign yarn, which were granted only for fifteen years, but continued by two different prolongations, expire with the end of the session of Parliament which shall immediately follow the 24th of June 1786.

The encouragement given to the importation of the materials of manufacture by bounties has been principally confined to such as were imported from our American plantations.

The first bounties of this kind were those granted about the beginning of the present century upon the importation of naval stores from America.

Under this denomination were comprehended timber fit for masts, yards, and bowsprits; hemp; tar, pitch, and turpentine. The bounty,