FREE BOOKS

Author's List




PREV.   NEXT  
|<   165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   184   185   186   187   188   189  
190   191   192   193   194   195   196   197   198   199   200   201   202   203   204   205   206   207   208   209   210   211   212   213   214   >>   >|  
ention solemnly went on record to the effect that acts of Congress in violation of the Constitution are void; that in cases of deliberate, dangerous, and palpable infractions the state is duty bound to interpose its authority for the protection of its citizens; and that when emergencies occur the states must be their own judges and execute their own decisions. Thus New England answered the challenge of Calhoun and Clay. Fortunately its actions were not as rash as its words. The Hartford convention merely proposed certain amendments to the Constitution and adjourned. At the close of the war, its proposals vanished harmlessly; but the men who made them were hopelessly discredited. =The Second United States Bank.=--In driving the Federalists towards nullification and waging a national war themselves, the Republicans lost all their old taint of provincialism. Moreover, in turning to measures of reconstruction called forth by the war, they resorted to the national devices of the Federalists. In 1816, they chartered for a period of twenty years a second United States Bank--the institution which Jefferson and Madison once had condemned as unsound and unconstitutional. The Constitution remained unchanged; times and circumstances had changed. Calhoun dismissed the vexed question of constitutionality with a scant reference to an ancient dispute, while Madison set aside his scruples and signed the bill. =The Protective Tariff of 1816.=--The Republicans supplemented the Bank by another Federalist measure--a high protective tariff. Clay viewed it as the beginning of his "American system" of protection. Calhoun defended it on national principles. For this sudden reversal of policy the young Republicans were taunted by some of their older party colleagues with betraying the "agricultural interest" that Jefferson had fostered; but Calhoun refused to listen to their criticisms. "When the seas are open," he said, "the produce of the South may pour anywhere into the markets of the Old World.... What are the effects of a war with a maritime power--with England? Our commerce annihilated ... our agriculture cut off from its accustomed markets, the surplus of the farmer perishes on his hands.... The recent war fell with peculiar pressure on the growers of cotton and tobacco and the other great staples of the country; and the same state of things will recur in the event of another war unless prevented by the foresight of this body.... When
PREV.   NEXT  
|<   165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   184   185   186   187   188   189  
190   191   192   193   194   195   196   197   198   199   200   201   202   203   204   205   206   207   208   209   210   211   212   213   214   >>   >|  



Top keywords:

Calhoun

 

Republicans

 

national

 

Constitution

 
England
 

Federalists

 

States

 
United
 

markets

 
protection

Madison

 
Jefferson
 

taunted

 

Tariff

 
Protective
 

signed

 

dispute

 

ancient

 

scruples

 

betraying


colleagues

 

policy

 

measure

 
American
 

beginning

 

protective

 
viewed
 

tariff

 

system

 

defended


reversal

 

agricultural

 

supplemented

 

sudden

 
principles
 

Federalist

 
peculiar
 

pressure

 

growers

 
cotton

recent

 

accustomed

 
surplus
 

farmer

 
perishes
 

tobacco

 
prevented
 
foresight
 

staples

 
country