Famous Americans of Recent Times by James Parton
page 33 of 570 (05%)
page 33 of 570 (05%)
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be better adapted to the production than those which were
earlier in the field; and, besides, it is a just remark of Mr. Rae, that nothing has a greater tendency to promote improvement in any branch of production, than its trial under a new set of conditions. But it cannot be expected that individuals should, at their own risk, or rather to their certain loss, introduce a new manufacture, and bear the burden of carrying it on, until the producers have been educated up to the level of those with whom the processes are traditional. A protecting duty, continued for a reasonable time, will sometimes be the least inconvenient mode in which the nation can tax itself for the support of such an experiment. But the protection should be confined to cases in which there is good ground of assurance that the industry which it fosters will after a time be able to dispense with it; nor should the domestic producers ever be allowed to expect that it will be continued to them beyond the time necessary for a fair trial of what they are capable of accomplishing."[1] In the quiet of his library at Ashland, Mr. Clay, we believe, would, at any period of his public life, have assented to the doctrines of this passage. But at Washington he was a party leader and an orator. Having set the ball in motion, he could not stop it; nor does he appear to have felt the necessity of stopping it, until, in 1831, he was suddenly confronted by three Gorgons at once,--a coming Surplus, a President that vetoed internal improvements, and an ambitious Calhoun, resolved on using the surplus either as a stepping-stone to the Presidency or a wedge with which to split the Union. The time to have put down the brakes was in 1828, when the national debt was within |
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