FREE BOOKS

Author's List




PREV.   NEXT  
|<   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46  
47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   >>   >|  
"minimum principle," which has played such a figure in all our tariff history since 1816, its effect being always to make the tariff much higher than it seems. Thus in the case before us, most of the woollens then imported cost about ninety cents. If based on this price, the tariff would be thirty-six per cent., but if based on $2.50 as the price, it would mount up to one hundred and ten per cent. To prevent this and to render the bill still more unpalatable to the Whigs, the Democrats introduced a dollar "minimum," so that the tariff on the bulk of our imported woollens, costing, as just stated, about ninety cents, would come in at forty-four and four-tenths per cent. But as this was after all more vigorous protection than woollens had before received, amounting, through minima, in some cases to over one hundred per cent., sixteen out of the thirty-nine New England members, led by Webster, accepted this universally odious tariff bill--the Tariff of Abominations, it was called--as the preferable evil, and, aided by a few Democrats in each house, made it a law. The average duty on dutiables was now about forty-three and a third per cent. No one can question that this high tariff worked injustice to the South. It forced from her an undue share of the national taxes, as well as extensive tribute to northern manufacturers. But in resenting the evil she exaggerated it, mistakenly referring all the relative decrease in her prosperity to tariff legislation, when a great part of it was due simply to slavery. The South complained that selfishness and political ambition, not patriotism or reason, determined the dominant policy, and there was of course some truth in this. Moreover, as New England now favored it, this policy bade fair to become permanent, and since the tariff bills did not announce protection as their purpose, the constitutionality of them could not be gotten before the courts. [1830] Nearly all the southern Legislatures consequently denounced the tariff as unjust and as hostile to our fundamental law. Most of them were, however, prudent enough to suggest no illegal remedies. Not so with fiery South Carolina, where a large party, inspired by Calhoun, proposed a bold nullification of the tariff act, virtually amounting to secession. At a dinner in this interest at Washington, April 13, 1830, Calhoun offered the toast: "The Union; next to our liberty the most dear; only to be preserved by respecting the rights
PREV.   NEXT  
|<   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46  
47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   >>   >|  



Top keywords:

tariff

 

woollens

 

hundred

 

Democrats

 

protection

 

policy

 

Calhoun

 

England

 

amounting

 

ninety


imported
 

thirty

 

minimum

 
permanent
 

Moreover

 

favored

 

announce

 

courts

 
principle
 

Nearly


constitutionality

 

purpose

 
reason
 

legislation

 

prosperity

 
mistakenly
 

referring

 

relative

 

decrease

 

simply


slavery
 

southern

 
determined
 
dominant
 

patriotism

 

played

 

complained

 

selfishness

 

political

 

ambition


hostile
 

dinner

 

interest

 

Washington

 
secession
 

nullification

 

virtually

 

offered

 

preserved

 
respecting