Twenty Years of Congress, Vol. 1: From Lincoln to Garfield, with a Review of the Events Which Led to the Political Revolution of 1860Blaine, James Gillespie
History
Twenty Years of Congress, Vol. 1: From Lincoln to Garfield, with a Review of the Events Which Led to the Political Revolution of 1860
Blaine, James Gillespie
United States -- History; United States -- History -- 1865-1898
The assailants of protection apparently overlook the fact that
excessive production is due, both in England and in America, to
causes beyond the operation of duties either high or low. No cause
is more potent than the prodigious capacity of machinery set in
motion by the agency of steam. It is asserted by an intelligent
economist that, if performed by hand, the work done by machinery
in Great Britain would require the labor of seven hundred millions
of men,--a far larger number of adults than inhabit the globe. It
is not strange that, with this vast enginery, the power to produce
has a constant tendency to outrun the power to consume. Protectionists
find in this a conclusive argument against surrendering the domestic
market of the United States to the control of British capitalists,
whose power of production has no apparent limit. When the harmonious
adjustment of international trade shall ultimately be established
by "the Parliament of man" in "the Federation of the world," the
power of production and the power of consumption will properly
balance each other; but in traversing the long road and enduring
the painful process by which that end shall be reached, the
protectionist claims that his theory of revenue preserves the newer
nations from being devoured by the older, and offers to human labor
a shield against the exactions of capital.
CHAPTER X.
Presidential Election of 1860.--The Electoral and Popular Vote.--
Wide Divergence between the Two.--Mr. Lincoln has a Large Majority
of Electors.--In a Minority of 1,000,000 on Popular Vote.--Beginning
of Secession.--Rash Course of South Carolina.--Reluctance on the
Part of Many Southern States.--Unfortunate Meeting of South-Carolina
Legislature.--Hasty Action of South-Carolina Convention.--The Word
"Ordinance."--Meeting of Southern Senators in Washington to promote
Secession.--Unwillingness in the South to submit the Question to
Popular Vote.--Georgia not eager to Secede.--Action of Other States.
--Meeting of Congress in December, 1860.--Position of Mr. Buchanan.
--His Attachment to the Union as a Pennsylvanian.--Sinister Influences
in his Cabinet.--His Evil Message to Congress.--Analysis of the
Message.--Its Position destructive to the Union.--The President's
Position Illogical and Untenable.--Full of Contradictions.--Extremists
of the South approve the Message.--Demoralizing Effect of the
Message in the North and in the South.--General Cass resigns from
State Department.--Judge Black succeeds him.--Character of Judge
Black.--Secretaries Cobb, Floyd, and Thompson.--Their Censurable
Conduct in the Cabinet.--Their Resignation.--Re-organization of
Cabinet.--Dix, Holt, Stanton.--Close of Mr. Buchanan's Administration.
--Change in the President's Course.--The New Influences.--Analysis
of the President's Course.--There were two Mr. Buchanans.--Personal
and Public Character of Mr. Buchanan.
Public-domain text, read in full here on John Shaqi.
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