1. No corporate welfare. The Confederate government was forbidden to pay subsidies (known as bounties) to private industry.
2. No protective tariff. The Confederate government could only collect tariffs for revenue and could not raise them to protect private industry. Protective tariffs were regarded as another form of forbidden corporate welfare.
3. With minor exceptions, the Confederate government was prohibited from spending money on public works. Such spending was regarded as an obligation of the states individually.
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