infant industry, and unfair dumping of foreign goods on our shores were also used to full advantage. The opposition then contended, as it has in a score of subsequent controversies, that under free trade the efficient and advantageous in- dustries would survive, that free interna- tional trade would benefit all, and that protection was merely a device for aiding particular industries or sections of the country by levying tribute on others. None of these positions was entirely new in the 1820's but each was defended with freshness and eager conviction by able political leaders, men like Clay, Webster, and McDuffie, men whose speeches are still worth reading. A study of their logic or lack of logic, their insights and ration- alizations, their broad visions and their myopias helps clarify the tariff contro- versies of today and tomorrow. The readings in this volume begin with a brief summary of tariff history from 1789 to 1861 by the editor. This sketch is designed to place the controversy of the twenties in the larger setting of early tariff history. Next, extracts are presented in chronological order from the cele- brated debate in the House of Repre- sentatives on the Tariff Act of 1824. The protective tariff was, of course, an essen- tial part of Henry Clay's American sys- tem; his oration in the Eighteenth Con- gress set the keynote for the protection- ists' speeches. Further illustration of pro- tectionist thinking is given in the state- ments by John Tod of Pennsylvania, who was chairman of the House Committee on Manufactures, and by two other ar- dent followers of Clay, Andrew Stewart of Pennsylvania and George Holcombe of New York. The opposition to protection by the maritime and commercial interests of the North is set forth in excerpts from the speeches of Daniel Webster of Massa- chusetts and Samuel A. Foot of Connecti- cut. The position of the Southern planta- tion interests is ably expounded in the speeches of George McDuffie of South Carolina. In order better to present this Southern viewpoint, there is included not only a considerable part of McDuffie's speech in 1824 but also an excerpt from his remarks made in 1830. Any adequate survey of the protective controversy must take account of the enormous amount of attention it received from the press. The leading editor-pub- lisher on the protectionist side was Heze- kiah Niles of Baltimore. The editorial from his Weekly Register, which appears in this volume, is representative of the life-long crusade for higher duties which he carried on in the pages of this influ- ential periodical. Ablest of the free trade journalists was Condy Raguet. His jour- nal was first called the Free Trade Advo- cate and later the Banner of the Consti- tution ( 1829- 1832). Though his periodi- cals failed through lack of popular sup- port, the superior quality of his writing was widely recognized. A satirical article from his pen is included in this volume. It set a style upon which the better known French advocate of free trade, Frédéric Bastiat, may well have modeled his ironic essays. A popular method at the time for the expression of public opinion was the memorial. The two here included express the economic arguments which had be- come basic to the two contending groups. The classical economists, especially Adam Smith and Jean Baptiste Say, were frequently brought into the tariff debate, condemned as impractical theorists by the protectionists and cited as profound thinkers by the free traders. How much they were actually read or really influ- enced thought on the subject is open to question. Commenting sarcastically on references to these authors in congres- -vi- |