FREE BOOKS

Author's List




PREV.   NEXT  
|<   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   251   252   253   254   255   256   257   258   259   260   261   262   263   264   >>   >|  
solation. The continuance of this condition of affairs had no small influence on the subsequent division of parties. It naturally led to a change in the financial system, and in 1824 a tariff Act was passed, materially enlarging the scope of the Act of 1816. THE PROTECTIVE TARIFF OF 1824. The Act of 1824 was avowedly protective in its character and was adopted through the influence of Mr. Clay, then Speaker of the House of Representatives. His most efficient ally on the floor was Mr. Buchanan of Pennsylvania who exerted himself vigorously in aid of the measure. Mr. Webster again appeared in the debate, arguing against the "obsolete and exploded notion of protection," and carrying with him nearly the whole vote of Massachusetts in opposition. Mr. Clay was enabled to carry the entire Kentucky delegation for the high protective tariff, and Mr. Calhoun's views having meanwhile undergone a radical change, South Carolina was found to be unanimous in opposition, and cordially co-operating with Massachusetts in support of free-trade. The effect of that tariff was undoubtedly favorable to the general prosperity, and during the administration of John Quincy Adams every material interest of the country improved. The result was that the supporters of the protective system, congratulating themselves upon the effect of the work of 1824, proceeded in 1828 to levy still higher duties. They applied the doctrine of protection to the raw materials of the country, the wool, the hemp, and all unmanufactured articles which by any possibility could meet with damaging competition from abroad. It was indeed an era of high duties, of which, strange as it may seem to the modern reader, Silas Wright of New York and James Buchanan of Pennsylvania appeared as the most strenuous defenders, and were personally opposed in debate by John Davis of Massachusetts and Peleg Sprague of Maine. To add to the entanglement of public opinion, Mr. Webster passed over to the side of ultra-protection and voted for the bill, finding himself in company with Martin Van Buren of New York, and Thomas H. Benton of Missouri. It was an extraordinary commingling of political elements, in which it is difficult to find a line of partition logically consistent either with geographical or political divisions. Mr. Webster carried with him not more than two or three votes of the Massachusetts delegation. His colleague
PREV.   NEXT  
|<   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   251   252   253   254   255   256   257   258   259   260   261   262   263   264   >>   >|  



Top keywords:
Massachusetts
 

Webster

 
protective
 

protection

 
tariff
 

appeared

 

duties

 
debate
 

political

 

effect


opposition
 

Buchanan

 

country

 

change

 

delegation

 
system
 

passed

 
influence
 
Pennsylvania
 

Wright


reader

 

strenuous

 

modern

 

materials

 

doctrine

 

applied

 

higher

 

unmanufactured

 

articles

 

abroad


competition
 

damaging

 

possibility

 
defenders
 

strange

 

public

 

partition

 

logically

 
difficult
 
Missouri

extraordinary

 

commingling

 
elements
 

consistent

 

colleague

 

geographical

 

divisions

 

carried

 

Benton

 

entanglement