Abraham Lincoln Quotes
A protective tariff would be collected only from those whose pride, whose abundance of means, prompts them to spurn manufacturers of our own country ...
Abraham Lincoln, 1809-1865, 16th President of the United States (Republican, IL), Speeches on tariffs, 1843
Sourced by: Eigen's Political and Historical Quotations
It is interesting that the first national women’s political party was a strong advocate of protectionism and saw free trade as an unfair hurdle for mostly male workers. At the time, the Republicans were staunch protectionists, and the Democrats, the free traders thus illustrating that the major parties continuously flip-flop on major issues.
Republicans at that time were adamant protectionists and were violently opposed to free trade. They made a total flip flop on free trade after the Second Word War when the industrial capacity of all of the major industrial nations except America was completely emaciated. America still had production and there was huge money to be made from being the only nation that could deliver goods to the world. Meanwhile Germany, France, England, and Italy, our largest competitors could hardly manufacture for their own needs and could not compete in the American market. So the American corporations then wanted to become free traders.
Earlier, Jefferson was opposed to manufacturing in America as factories were a social blight in Europe which he wanted to keep out of the United States. He felt that we could import whatever we needed from Europe and not have the evils of industrialization. However, with the War of 1812, the Barbary Pirates and his mellowing when no longer President, and his willingness to change his positions as he learned more, he issued this letter. See another the following year: {615634}. His was considered such an important change of position—today we would accuse him of a flip flop— that other journals and periodicals reprinted the letter and commented upon his change. Despite his changed position, most Americans believe that Jefferson was opposed to manufacturing and industrialization for his entire life—not just the first part.
This historical quotation shows us that the nation under Republican control at the end of the 19th century was highly protectionist. In addition. It shows us how a party can flip flop on its most cherished principles. A century later, free trade was the cornerstone of Republican philosophy and opponents who held to the Republican 19th century principles were accused of being detriments to the American growth and economic system.
The issue of free trade verses protectionism has been with us throughout American history with national sentiments going one way and then later the other, only to come back and the cycle has gone on. Floyd was very modern in his economic views, so much so that he, even as a Southern politician, opposed slavery on the grounds that it was economically inefficient and the South would never develop industrially if it had no incentive, as existed in the North and England, to reduce the amount of labor required for economic opportunity. He was right on that point as well.
Abraham Lincoln was an American politician and lawyer who served as the 16th President of the United States from March 1861 until his assassination in April 1865. Lincoln led the United States through its Civil War—its bloodiest war and its greatest moral, constitutional, and political crisis. In doing so, he preserved the Union, abolished slavery, strengthened the federal government, and modernized the economy.