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But, by 1864, the Republican Protective-Tariff of 1860, had so abundantly demonstrated, to all our people engaged in industrial occupations, the beneficence of the great principle of home industrial Protection, that Tariff-agitation actually ceased, and the National Democratic platform of that year had nothing to say in behalf of Free-Trade!
The question of regulation of the trusts stands apart from the question of tariff revision. Stability of economic policy must always be the prime economic need of this country. This stability should not be fossilization. The country has acquiesced in the wisdom of the protective-tariff principle.
Hence, by trickery, by cajoling the People With his, and their own, assurances that he was in favor of Protection they secured the election in 1844 of a Free-Trade President, the consequent repeal of the Protective-Tariff of 1842 which had repaired the dreadful mischief wrought by the Compromise Act of 1833 and the enactment of the infamous Free-Trade Tariff of 1846, which blasted the manufacturing and farming and trade industries of the Country again, as with fire.
The people of any one of the Western, or Northern States, take New York, for example, feel prosperous and happy under the beneficent workings of the Republican Protective-Tariff system.
Hence, by trickery, by cajoling the People With his, and their own, assurances that he was in favor of Protection they secured the election in 1844 of a Free-Trade President, the consequent repeal of the Protective-Tariff of 1842 which had repaired the dreadful mischief wrought by the Compromise Act of 1833 and the enactment of the infamous Free-Trade Tariff of 1846, which blasted the manufacturing and farming and trade industries of the Country again, as with fire.
Morrison of Illinois, in 1876, to meddle with the Republican Protective-Tariff, had caused considerable public alarm, and had been credited with having much to do with a succeeding monetary panic, and industrial depression.
Morrison of Illinois, in 1876, to meddle with the Republican Protective-Tariff, had caused considerable public alarm, and had been credited with having much to do with a succeeding monetary panic, and industrial depression.
But the mass of the People, at that time still freshly remembered the terrible commercial disasters and industrial depressions which had befallen the Land, through the practical operation of that baleful Democratic Free-Trade doctrine, before the Rebellion broke out, and sharply contrasted the misery and poverty and despair of those dark days of ruin and desolation, with the comfort and prosperity and hopefulness which had since come to them through the Republican Protective-Tariff Accordingly, the Republican Presidential candidate, representing the great principle of Protection to American Industries, was elected over the Democratic Free-Trade candidate, by 214 to 71 electoral votes-or nearly three to one!
But the mass of the People, at that time still freshly remembered the terrible commercial disasters and industrial depressions which had befallen the Land, through the practical operation of that baleful Democratic Free-Trade doctrine, before the Rebellion broke out, and sharply contrasted the misery and poverty and despair of those dark days of ruin and desolation, with the comfort and prosperity and hopefulness which had since come to them through the Republican Protective-Tariff Accordingly, the Republican Presidential candidate, representing the great principle of Protection to American Industries, was elected over the Democratic Free-Trade candidate, by 214 to 71 electoral votes-or nearly three to one!
The reaction occasioned by this widespread ruin having brought the Whigs into power, led to the enactment of the Protective-Tariff of 1842 and to the chagrin of the Conspirators industrial prosperity and plenty to the Free North again ensued.
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