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They stiffened the property-tax, and for the second time raised the Customs Duties, giving them a distinctly Protectionist complexion. The broad result was the achievement of financial equilibrium. For ten years there have been no deficits in New Zealand.
The tariff being the paramount issue of the day, I received a tempting money offer from Philadelphia to present my side of the question, but when the time fixed was about to arrive I found myself billed for a debate with no less an adversary than William McKinley, protectionist leader in the Lower House of Congress. We were the best of friends and I much objected to a joint meeting.
In 1897 William McKinley became President. Like some other Presidents before him he came of very humble people, and had by his own efforts raised himself until at length he held the highest office in the land. McKinley was a keen protectionist.
The year 1824 heard Webster's last speech for free trade and saw Calhoun's and Jackson's last vote for protection. However, so strong was the protectionist sentiment in the XXth Congress, though democratic, that free-traders could hope to defeat the new tariff bill of 1828 only by rendering it odious to New England.
The costly war in Achin, which had been smouldering for some years, burst out again with violence in the years 1902-3, and led to sanguinary reprisals on the part of the Dutch soldiery, the report of which excited indignation against the responsible authorities. Various attempts had been made in 1895 and 1899 to introduce protectionist duties, but unsuccessfully.
A Third Party THE members of the Protectionist opposition returned to their constituents with the sanguine feelings which success naturally inspires.
Such a man is not easily made: of his loss we are only at present very imperfectly able to appreciate the consequences, one of which, we fear will be a mischievous re-formation of the Protectionist party, and, if we read the auspices aright, his death will not improve the Ministerial Whigs.
The strongly protectionist character which the English colonies assumed at a time when England had committed herself to the most extreme free-trade policy tended no doubt to separation, and when the English Government adopted the policy of withdrawing its garrisons from the colonies, when the North American colonies, with the full assent of the mother-country, formed themselves into a great federation, and when a movement in the same direction sprang up in Australia, it was the opinion of some of the most sagacious statesmen and thinkers in England that the time of separation was very near.
The protectionist ministry were to remain in office, and to repeal the corn laws. The individual who was most baulked by this unexpected result was perhaps Lord Roehampton. He was a man who really cared for nothing but office and affairs, and being advanced in life, he naturally regretted a lost opportunity. But he never showed his annoyance.
The trade unionist, too, is just such a protectionist.
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