[Twenty Years of Congress, Vol. 1 (of 2) by James Gillespie Blaine]@TWC D-Link bookTwenty Years of Congress, Vol. 1 (of 2) CHAPTER IX 46/70
They think however that the temptation to settle the question by compromise instead of permitting Jackson to settle it by force was perhaps too strong to be resisted by one who had so many reasons for opposing and hating the President. A more reasonable view held by another school of protectionists is that Mr.Clay did the wisest possible thing in withdrawing the tariff question from a controversy where it was complicated with so many other issues,--some of them bitter and personal.
He justly feared that the protective principle might be irretrievably injured in the collision thought to be impending.
He believed moreover that the best protective lesson would be taught by permitting the free-traders to enforce their theories for a season, trusting for permanent triumph to the popular re-action certain to follow. There was nothing in the legislation to show that Mr.Clay or his followers had in any degree abandoned or changed their faith in protective duties of their confidence in the ultimate decision of the public judgment.
The protectionists aver that the evils which flowed from the free-trade tariff of 1833, thus forced on the country by extraneous considerations, were incalculably great, and negatively established the value of the tariff of 1828 which had been so unfairly destroyed.
They maintain that it broke down the manufacturing interest, led to excessive importations, threw the balance of trade heavily against us, drained us of our specie, and directly led to the financial disasters of 1837 and the years ensuing.
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