FREE BOOKS

Author's List




PREV.   NEXT  
|<   201   202   203   204   205   206   207   208   209   210   211   212   213   214   215   216   217   218   219   220   221   222   223   224   225  
226   227   228   229   230   231   232   233   234   235   236   237   238   239   240   241   242   243   244   245   246   247   248   249   250   >>   >|  
but they took no heed of a stronger power which was sure to work against them. They disregarded the enlightened philanthropy and the awakened conscience which had abolished slavery in every other Republic of America, which had thrown the protection of law over the helpless millions of India, which had moved even the Russian Autocracy to consider the enfranchisement of the serf. They would not realize that the contest they were rashly inviting was not alone with the anti-slavery men of the free States, not alone with the spirit of loyalty to the Republic, but that it carried with it a challenge to the progress of civilization, and was a fight against the nineteenth century. CHAPTER IX. The Tariff Question in its Relation to the Political Revolution of 1860.--A Century's Experience as to Best Mode of levying Duties.-- Original Course of Federal Government in Regard to Revenue.--First Tariff Act.--The Objects defined in a Preamble.--Constitutional Power to adopt Protective Measure.--Character of Early Discussions. --The Illustrious Men who participated.--Mr. Madison the Leader.-- The War Tariff of 1812.--Its High Duties.--The Tariff of 1816.-- Interesting Debate upon its Provisions.--Clay, Webster, and Calhoun take part.--Business Depression throughout the Country.--Continues until the Enactment of the Tariff of 1824.--Protective Character of that Tariff.--Still Higher Duties levied by the Tariff of 1828. --Southern Resistance to the Protective Principle.--Mr. Calhoun leads the Nullification Movement in South Carolina.--Compromise effected on the Tariff Question.--Financial Depression follows.-- Panic of 1837.--Protective Tariff passed in 1842.--Free-trade Principles triumph with the Election of President Polk.--Tariff of 1846.--Prosperous Condition of the Country.--Differences of Opinion as to the Causes.--Surplus Revenue.--Plethoric Condition of the Treasury.--Enactment of the Tariff of 1857.--Both Parties support it in Congress.--Duties lower than at Any Time since the War of 1812.--Panic of 1857.--Dispute as to its causes.--Protective and Free-trade Theories as presented by their Advocates.--Connection of the Tariff with the Election of Mr. Lincoln to the Presidency. --General Review. The Slavery question was not the only one which developed into a chronic controversy between certain elements of Northern opinion and certain elements of Southern opinion. A review of the sectional struggle would be incomplet
PREV.   NEXT  
|<   201   202   203   204   205   206   207   208   209   210   211   212   213   214   215   216   217   218   219   220   221   222   223   224   225  
226   227   228   229   230   231   232   233   234   235   236   237   238   239   240   241   242   243   244   245   246   247   248   249   250   >>   >|  



Top keywords:
Tariff
 

Protective

 
Duties
 

Question

 
Election
 

Southern

 

Character

 
Condition
 

Revenue

 

elements


Country
 

Depression

 

Calhoun

 

opinion

 

slavery

 
Enactment
 

Republic

 
triumph
 
passed
 

Business


levied

 

Higher

 

Webster

 

Principles

 

Resistance

 

Carolina

 

Compromise

 

Nullification

 

Continues

 

Movement


effected
 

Principle

 

Financial

 
Treasury
 

Review

 

Slavery

 

question

 

General

 
Presidency
 
Advocates

Connection

 

Lincoln

 
developed
 

sectional

 

struggle

 

incomplet

 

review

 

Northern

 

chronic

 

controversy