Depressed is in itself better than weighed down; but "the oppressive privileges which had depressed industry" would be a horrible cacophony.

I hope that word convinces you.

I have often observed that a fine Greek compound is an excellent substitute for a reason.
I met Rogers at the Athenaeum.

He begged me to breakfast with him, and name my day, and promised that he would procure me as agreeable a party as he could find in London.

Very kind of the old man, is it not?
and, if you knew how Rogers is thought of, you would think it as great a compliment as could be paid to a Duke.