FREE BOOKS

Author's List




PREV.   NEXT  
|<   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   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   >>   >|  
t, notwithstanding his devotion to Jackson, would identify him with the Administration. He was young, talented, extremely popular, ambitious, and aspiring, and it was the opinion of all that he would urge his claims to the succession. The indignation which burst from the Southern and Middle States, and from many of the Western, at Mr. Clay's course, and the great unpopularity of the name of Adams, was an assurance that without great changes in public opinion Mr. Adams' administration would be confined to one term. Mr. Crawford was out of the question for all time, and it was apparent the contest was to be between Calhoun, Clay, and Jackson. They had all belonged to the Jeffersonian school of politics--had grown upon the nation's confidence rapidly through their support of and conducting the war to its glorious termination. But this party was now completely disrupted; and from its elements new parties were to be formed. It only survived the dissolution of the Federal party a short time, and, for the want of opposition from without, discord and dissolution had followed. The political world was completely chaotic--new interests had arisen. The war had forced New England to manufacturing; it had established the policy of home production, and home protection; the agricultural interest of the West was connected with the manufacturing interest of the North, and was to be her consumer; but the planting interest of the South was deemed antagonistic to them. Her great staple, forming almost the sole basis of the foreign commerce of the country, demanded, if not free trade, an exceedingly liberal policy toward those abroad who were her purchasers. The war had given a new impetus to trade, new channels had been opened, the manufacture of cotton in England had become a source of wealth to the nation, and was rapidly increasing. America was her source of supply, and was the great consumer of her fabrics, and this fact was stimulating the growth of cotton into an activity which indicated its becoming the leading interest of the South, if not of the nation. The course of trade made it the great competitor of home manufactures: this would seem unnatural, but it was true--the one demanding protection, the other free trade. The source of supply of the raw material to both was the same, and America the great consumer for both. Protection secured the home market to the home manufacturer, compelling the consumer to pay more, and sell
PREV.   NEXT  
|<   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   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   >>   >|  



Top keywords:

interest

 

consumer

 
source
 

nation

 

Jackson

 

manufacturing

 

England

 
supply
 

completely

 

policy


America

 

protection

 

cotton

 
opinion
 
dissolution
 

rapidly

 

exceedingly

 
country
 

demanded

 

planting


deemed
 

connected

 
agricultural
 

antagonistic

 

foreign

 

staple

 

forming

 

commerce

 

wealth

 
unnatural

demanding

 

manufactures

 

leading

 
competitor
 

material

 
compelling
 
manufacturer
 

market

 

Protection

 
secured

impetus

 
channels
 
purchasers
 

abroad

 

opened

 

manufacture

 

stimulating

 
growth
 
activity
 

fabrics