The few Free Traders of the South--the Giles's and John Taylor's and men
of that ilk--made up for their paucity in numbers by their unscrupulous
ingenuity and active zeal. They put forth the idea that the American
Protective Policy was a policy of fostering combinations by Federal
laws, the effect of which was to transfer a considerable portion of the
profits of slave labor from the Slave States to other parts of the Union
where it was massed in the hands of a few individuals, and thus created
a moneyed interest which avariciously influenced the General Government
to the detriment of the entire community of people, who, made restive by
the exactions of this power working through the Federal Government, were
as a consequence driven to consider a possible dissolution of the Union,
and make "estimates of resources and means of defense." As a means also
of inflaming both the poor whites and Southern slave-holders by arousing
the apprehensions of the latter concerning the "peculiar institution" of
Slavery, they craftily declared that "If the maxim advanced by the
advocates of the protecting duty system will justify Congress in
assuming, or rather in empowering a few capitalists to assume, the
direction of manufacturing labor, it also invests that body with a power
of legislating for the direction of every other species of labor and
assigning all occupations whatsoever to the care of the intelligence of
mercenary combinations"--and hence untold misery to labor.
Pages:
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68