Daniel Webster as An Economist

By Robert Lincoln Carey | Go to book overview
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INDEX
Ad valorem duties, 160, 161, 187
Agriculture, 25, 51
American system, 123, 134, 136, 140
Arkwright, 59
Balance-of-trade doctrine, 116-119, 203
Bank bill, of 1814, 101, 102-104; of 1832, 105, 106, 111
Bank of England, 90, 99
Bank of the United States, 40, 71, 98-100, 201, 202; functions of, 103, 104, 108-111, 202; public character of, 108, 202; answers to Jackson's objections, 111-113
Bi-metallism, 82, 124
Business enterprise, 41, 197
Calhoun, John C., 92, 113, 126, 127, 152-154, 157, 171, 187
Capital, 72-75, 110
Class antagonism, 71
Clay, Henry, 123, 129, 134-142, 146, 149, 151, 166, 185, 205
Collective bargaining, 69-70
Commerce, 51; nature of, 114; effect of Walker tariff on, 163
Commercial policy, 193
Competition, 27-30, 41
Competitive tariff, 140, 155
Conservatism of Webster, 19-20, 32, 69, 133, 183, 195
Consumption, 44-46, 159
Corn laws of England, 165
Corporations, 64-66
Credit, 43, 73, 79, 83, 85, 87, 89, 98, 102, 200
Crises, see "overtrading"
Currency, 79, 82; mixed system, 85; exclusive specie, 86-87; constitutional, 82; contraction of, 95; control of, 98, 201
Deposits, removal of, 86
Depreciation of currency, 88, 201; causes of, 89; effects upon public finances, 91-93; effects upon private enterprise, 93-95
Distribution of wealth, 49, 61-63, 198
Diversification of industry, 156
Drawback system, 133
Economic interpretation of history, 33-34
Embargo, 21, 122
Exchange rates, domestic, 93, 110; foreign, 90, 110; nature of, 123- 125
Fiscal agency, 210
Free trade, 122, 133, 140, 142, 145, 152, 164, 165, 203; Webster's early defence of, 127-134; his abandonment of, 146-149
Government, economic basis of, 36-40; forms of, 36-37
Gresham's law, 82, 125
Hamilton, Alexander, 100, 105
Home-market principle, 134, 139, 156, 164-165
Immigration, 69, 184, 195
Imperialism, 194
Independent treasury, 190-192, 210
Individualism, 23, 25, 29, 41, 197
Industrial Revolution, 59
Interdependence, 50-51, 132
Internal improvements, 25, 174
Iron duties, 143, 162
Jackson, Andrew, 99, 100, 105, 111- 113, 185, 188
Labor, 56-58, 60, 66-72, 199; division of, 67; organizations, 30; theory of value, 143, 164
Laissez faire, 20-25, 174, 196
Local banks, 106; relation to national bank, 107
Machine technique and factory system, 52-55, 59-64, 198
Malthus, Thomas R., 66, 68

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