A Compilation of the Messages and Papers of the Presidents. Volume 2, part 3: Andrew Jackson, 1st term
History
A Compilation of the Messages and Papers of the Presidents. Volume 2, part 3: Andrew Jackson, 1st term
Jackson, Andrew, 1767-1845; Presidents -- United States; United States -- History -- Sources; United States -- Politics and government
What, then, shall be done? Large interests have grown up under the
implied pledge of our national legislation, which it would seem a
violation of public faith suddenly to abandon. Nothing could justify it
but the public safety, which is the supreme law. But those who have
vested their capital in manufacturing establishments can not expect that
the people will continue permanently to pay high taxes for their
benefit, when the money is not required for any legitimate purpose in
the administration of the Government. Is it not enough that the high
duties have been paid as long as the money arising from them could be
applied to the common benefit in the extinguishment of the public debt?
Those who take an enlarged view of the condition of our country must be
satisfied that the policy of protection must be ultimately limited to
those articles of domestic manufacture which are indispensable to our
safety in time of war. Within this scope, on a reasonable scale, it is
recommended by every consideration of patriotism and duty, which will
doubtless always secure to it a liberal and efficient support. But
beyond this object we have already seen the operation of the system
productive of discontent. In some sections of the Republic its influence
is deprecated as tending to concentrate wealth into a few hands, and as
creating those germs of dependence and vice which in other countries
have characterized the existence of monopolies and proved so destructive
of liberty and the general good. A large portion of the people in one
section of the Republic declares it not only inexpedient on these
grounds, but as disturbing the equal relations of property by
legislation, and therefore unconstitutional and unjust.
Doubtless these effects are in a great degree exaggerated, and may be
ascribed to a mistaken view of the considerations which led to the
adoption of the tariff system; but they are nevertheless important in
enabling us to review the subject with a more thorough knowledge of all
its bearings upon the great interests of the Republic, and with a
determination to dispose of it so that none can with justice complain.
Public-domain text, read in full here on John Shaqi.
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