[The Promise Of American Life by Herbert David Croly]@TWC D-Link book
The Promise Of American Life

CHAPTER III
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Their policy of protection met in the long run with a similar fate.

In the first place, the tariff schedules which they successively placed upon the statute books were not drawn up in Hamilton's wise and moderate national spirit.

They were practically dictated by the special interests which profited from the increases in duties.

The Whig leaders accepted a retainer from the manufacturers of the North, and by legislating exclusively in their favor almost drove South Carolina to secession.

Then after accomplishing this admirable feat, they agreed to placate the disaffected state by the gradual reduction in the scale of duties until there was very little protection left.


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