American politics (non-partisan) from the beginning to date : $b embodying a history of all the political parties, with their views and records on all important questions. Great speeches on all great issues, and tabulated history and chronological events.Cooper, Thomas V. (Thomas Valentine)
History
American politics (non-partisan) from the beginning to date : $b embodying a history of all the political parties, with their views and records on all important questions. Great speeches on all great issues, and tabulated history and chronological events.
Cooper, Thomas V. (Thomas Valentine)
Political parties -- United States; United States -- Politics and government
The revision of the tariff, with a view to the protection of home
industry, and to the establishment of what was then called “The American
System,” was one of the large subjects before Congress at the session of
1823–24, and was the regular commencement of the heated debates on that
question which afterwards ripened into a serious difficulty between the
federal government and some of the Southern States. The presidential
election being then depending, the subject became tinctured with party
politics, in which so far as that ingredient was concerned, and was not
controlled by other considerations, members divided pretty much on the
line which always divided them on a question of constructive powers. The
protection of domestic industry not being among the powers granted, was
looked for in the incidental; and denied by the strict constructionists
to be a substantive term, to be exercised for the direct purpose of
protection; but admitted by all at that time and ever since the first
tariff act of 1789, to be an incident to the revenue raising power, and
an incident to be regarded in the exercise of that power. Revenue the
object, protection the incident, had been the rule in the earlier
tariffs; now that rule was sought to be reversed, and to make protection
the object of the law, and revenue the incident. Mr. Henry Clay was the
leader in the proposed revision and the champion of the American system;
he was ably supported in the House by many able and effective speakers;
who based their argument on the general distress then alleged to be
prevalent in the country. Mr. Daniel Webster was the leading speaker on
the other side, and disputed the universality of the distress which had
been described; and contested the propriety of high or prohibitory
duties, in the present active and intelligent state of the world, to
stimulate industry and manufacturing enterprise.
The bill was carried by a close vote in both Houses. Though brought
forward avowedly for the protection of domestic manufactures, it was not
entirely supported on that ground; an increase of revenue being the
motive with some, the public debt then being nearly ninety millions. An
increased protection to the products of several States, as lead in
Missouri and Illinois, hemp in Kentucky, iron in Pennsylvania, wool in
Ohio and New York, commanded many votes for the bill; and the impending
presidential election had its influence in its favor.
Public-domain text, read in full here on John Shaqi.
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