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Ought not the protectionist to blush at the part he would make society play? He says to it, "You must give me work, and, more than that, lucrative work. I have foolishly fixed upon a trade by which I lose ten per cent. If you impose a tax of twenty francs upon my countrymen, and give it to me, I shall be a gainer instead of a loser. Now, profit is my right; you owe it me."
Also, "shoddy" had not been invented, nor had coal-tar dyes been discovered by the English and exploited by the Germans now groaning over the wise tyranny of the provisions of the new Patent Act, to which ignorant people have applied the offensive term "Protectionist."
Notwithstanding the formal renunciation of the leadership of the Protectionist party by Lord George Bentinck, it was soon evident to the House and the country that that renunciation was merely formal. In these days of labour, the leader of a party must be the man who does the work, and that work cannot now be accomplished without the devotion of a life.
It is certain that some who voted the Republican ticket did not approve its expansion policy; some did not approve of its extreme protectionist policy; and some did not approve of its attitude on the money question.
The old protectionist theory is the doctrine of trades unions as applied by the squires, and the modern trades unionism is the doctrine of the squires applied by the artisans. Why should we be worse off under one regime than under the other?
They did not overlook the fact that his record was that of a moderate protectionist. But the same was true of many South Carolinians and Georgians, and it seemed not at all impossible that, as a Southern man and a cotton planter, he should undergo a change of heart no less decisive than that which Hayne and Calhoun had experienced. Efforts to draw him out, however, proved not very successful.
The nature of the subject, dealing as it necessarily does with so many personal details, renders it impossible to make public the correspondence in which Lord George Bentinck was engaged at this time in his attempts to place the Protectionist party under the guidance of one who would unite all sympathies; but were that publication possible, it would place Lord George Bentinck in a very noble and amiable light, and prove a gentleness and softness in his nature for which those who were not very intimate with him did not give him credit.
The following passage occurs in the writings of a French protectionist: "If fifteen millions of merchandise sold to foreign nations, be taken from our ordinary produce, calculated at fifty millions, the thirty-five millions of merchandise which remain, not being sufficient for the ordinary demand, will increase in price to the value of fifty millions.
The exemption from duties was wise, if inconsistent in a protectionist government, and the exemption from regulation of rates until ten per cent was earned had a precedent in a clause in the General Railway Act, not repealed until 1888, exempting all roads from such regulation until fifteen per cent on the capital invested had been earned.
The crest of the clan was a mailed hand holding an olive branch, and the motto was "Not too much." Nine children were born of this union, of whom William, Jr., was the seventh. The future President was born in Niles, Trumbull County, O., January 29, 1843. His grandfather and his father were iron manufacturers. His father was a Whig and a Protectionist. The family were Methodists.
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