The Memories of Fifty Years: Containing Brief Biographical Notices of Distinguished Americans, and Anecdotes of Remarkable Men; Interspersed with Scenes and Incidents Occurring during a Long Life of Observation Chiefly Spent in the SouthwestSparks, W. H. (William Henry)
History
The Memories of Fifty Years: Containing Brief Biographical Notices of Distinguished Americans, and Anecdotes of Remarkable Men; Interspersed with Scenes and Incidents Occurring during a Long Life of Observation Chiefly Spent in the Southwest
Sparks, W. H. (William Henry)
Georgia -- History -- 1775-1865; Southwest, Old -- History; United States -- Biography
The war had given a new impetus to trade, new channels had been
opened, the manufacture of cotton in England had become a source of
wealth to the nation, and was rapidly increasing. America was her
source of supply, and was the great consumer of her fabrics, and this
fact was stimulating the growth of cotton into an activity which
indicated its becoming the leading interest of the South, if not of
the nation. The course of trade made it the great competitor of home
manufactures: this would seem unnatural, but it was true--the one
demanding protection, the other free trade. The source of supply of
the raw material to both was the same, and America the great consumer
for both. Protection secured the home market to the home manufacturer,
compelling the consumer to pay more, and sell for less, by excluding
the foreign manufacturer from the market, or imposing such burdens, by
way of duties, as to compel him to sell at higher prices than would be
a just profit on his labor and skill under the operation of free
trade, and which should exempt from his competition the home
manufacturer in the American market.
All these facts were within the purview of the sagacious politicians
of the day; and were evidently the elements of new parties. Mr. Clay
had already given shape to his future policy, and had identified the
new Administration with it. It was certain the South with great
unanimity would be in opposition, and the sagacity of Van Buren
discovered the necessity of uniting the friends of Jackson and
Crawford. Should he, after feeling the political pulse of his own
people, conclude to unite with the opposition, such a union would
destroy Mr. Clay in the South, but might greatly strengthen Mr.
Calhoun; his destruction, however, must be left to the future. He was
not long in determining. The reconciliation of Crawford and-Jackson
made the union of their friends no very difficult matter. Mr.
Randolph, Mr. Macon, Mr. Forsyth, and Mr. Cobb had expressed
themselves greatly gratified at this restoration of amity; and at an
informal meeting of their friends, Randolph said, in allusion to this
adjustment:
"I have no longer a fear that the seat first graced by Virginia's
chosen sons will ever be disgraced by a renegade child of hers."
Soon after the inauguration of Mr. Adams, and the adjournment of
Congress, the nation was startled with the charge of corruption in the
election of Mr. Adams. At first this was vague rumor. Mr. Clay was
charged by the press throughout the country with bargaining with the
friends of Adams, to cast his vote, and carry his influence to his
support, upon the condition of his (Clay's) appointment to the
premiership in the Administration, should Adams be elected.
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