NOTE.

This is commonly called Mr. Webster's "Free Trade" speech. It has been

found difficult to select one among his many speeches in support of the

policy of Protection which would fully represent his views on the

subject; but the reasons for his change of opinion, and for his advocacy

of Protection, are fully stated in many of the speeches printed in this

volume, delivered after the year 1830. Perhaps as good a statement as

can be selected from his many speeches on the Tariff, in explanation of

his change of position as to the need, policy, and duty of protection to

American manufactures, may be found in his speech delivered in the

Senate of the United States, on the 25th and 26th of July, 1846, on the

Bill "To reduce the Duties on Imports, and for other Purposes." In this

speech, he made the following frank avowal of the reasons which induced

him to reconsider and reverse his original opinions on the subject:--

"But, Sir, before I proceed further with this part of the case, I

will take notice of what appears, latterly, to be an attempt, by

the republication of opinions and expressions, arguments and

speeches of mine, at an earlier and later period of life, to found

against me a charge of inconsistency, on this subject of the

protective policy of the country. Mr. President, if it be an

inconsistency to hold an opinion upon a subject at one time and in

one state of circumstances, and to hold a different opinion upon

the same subject at another time and in a different state of

circumstances, I admit the charge. Nay, Sir, I will go further; and

in regard to questions which, from their nature, do not depend upon

circumstances for their true and just solution, I mean

constitutional questions, if it be an inconsistency to hold an

opinion to-day, even upon such a question, and on that same

question to hold a different opinion a quarter of a century

afterwards, upon a more comprehensive view of the whole subject,

with a more thorough investigation into the original purposes and

objects of that Constitution, and especially after a more thorough

exposition of those objects and purposes by those who framed it,

and have been trusted to administer it, I should not shrink even

from that imputation. I hope I know more of the Constitution of my

country than I did when I was twenty years old. I hope I have

contemplated its great objects more broadly. I hope I have read

with deeper interest the sentiments of the great men who framed it.

I hope I have studied with more care the condition of the country

when the convention assembled to form it. And yet I do not know

that I have much to retract or to change on these points.

"But, Sir, I am of the opinion of a very eminent person, who had

occasion, not long since, to speak of this topic in another place.

Inconsistencies of opinion, arising from changes of circumstances,

are often justifiable. But there is one sort of inconsistency which

is culpable. It is the inconsistency between a man's conviction and

his vote; between his conscience and his conduct. No man shall ever

charge me with an inconsistency like that. And now, Sir, allow me

to say, that I am quite indifferent, or rather thankful, to those

conductors of the public press who think they cannot do better than

now and then to spread my poor opinions before the public.

"I have said many times, and it is true, that, up to the year 1824,

the people of that part of the country to which I belong, being

addicted to commerce, having been successful in commerce, their

capital being very much engaged in commerce, were averse to

entering upon a system of manufacturing operations. Every member in

Congress from the State of Massachusetts, with the exception, I

think, of one, voted against the act of 1824. But what were we to

do? Were we not bound, after 1817 and 1824, to consider that the

policy of the country was settled, had become settled, as a policy,

to protect the domestic industry of the country by solemn laws? The

leading speech[11] which ushered in the act of 1824 was called a

speech for the 'American System.' The bill was carried principally

by the Middle States. Pennsylvania and New York would have it so;

and what were we to do? Were we to stand aloof from the occupations

which others were pursuing around us? Were we to pick clean teeth

on a constitutional doubt which a majority in the councils of the

nation had overruled? No, Sir; we had no option. All that was left

us was to fall in with the settled policy of the country; because,

if any thing can ever settle the policy of the country, or if any

thing can ever settle the practical construction of the

Constitution of the country, it must be these repeated decisions of

Congress, and enactments of successive laws conformable to these

decisions. New England, then, did fall in. She went into

manufacturing operations, not from original choice, but from the

necessity of the circumstances in which the legislation of the

country had placed her. And, for one, I resolved then, and have

acted upon the resolution ever since, that, having compelled the

Eastern States to go into these pursuits for a livelihood, the

country was bound to fulfil the just expectations which it had

inspired."

[Footnote 1: Mr. Clay.]

[Footnote 2: Lord Lansdowne.]

[Footnote 3: Lord Liverpool.]

[Footnote 4: Mr. Huskisson, President of the English Board of Trade.]

[Footnote 5: The Marquess of Lansdowne.]

[Footnote 6: Lord Liverpool.]

[Footnote 7: Mr. Tod.]

[Footnote 8: "The present equable diffusion of moderate wealth cannot be

better illustrated, than by remarking that in this age many palaces and

superb mansions have been pulled down, or converted to other purposes,

while none have been erected on a like scale. The numberless baronial

castles and mansions, in all parts of England, now in ruins, may all be

adduced as examples of the decrease of inordinate wealth. On the other

hand, the multiplication of commodious dwellings for the upper and

middle classes of society, and the increased comforts of all ranks,

exhibit a picture of individual happiness, unknown in any other

age."--_Sir G. Blane's Letter to Lord Spencer, in_ 1800.]

[Footnote 9: The price of labor in Russia may be pretty well collected

from Tooke's "View of the Russian Empire." "The workmen in the mines and

the founderies are, indeed, all called master-people; but they

distinguish themselves into masters, under-masters, apprentices,

delvers, servants, carriers, washers, and separators. In proportion to

their ability their wages are regulated, which proceed from fifteen to

upwards of thirty roubles per annum. The provisions which they receive

from the magazines are deducted from this pay." The value of the rouble

at that time (1799) was about twenty-four pence sterling, or forty-five

cents of our money.

"By the edict of 1799," it is added, "a laborer with a horse shall

receive, daily, in summer, twenty, and in winter, twelve copecks; a

laborer without a horse, in summer, ten, in winter, eight copecks."

A copeck is the hundredth part of a rouble, or about half a cent of our

money. The price of labor may have risen, in some degree, since that

period, but probably not much.]

[Footnote 10: Since the delivery of this speech, an arrival has brought

London papers containing the speech of the English Chancellor of the

Exchequer (Mr. Robinson), on the 23d of February last, in submitting to

Parliament the annual financial statement. Abundant confirmation will be

found in that statement of the remarks made in the preceding speech, as

to the prevailing sentiment, in the English government, on the general

subject of prohibitory laws, and on the silk manufacture and the wool

tax particularly.]

[Footnote 11: That of Mr. Clay.]

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