The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1844-10-18
or THE coMpRo;IIsE.

One side
,You and both maintained that the measure Of
protection preserved by the compromise would be
suIf; cient putil about 1912; but were taumted by
aar oppouent>, TO know what would be its condl-
zion when that period arrived. We replied, there
were the home valuation, cash duties, long list OF
free articles, sc. But said, also, let us take care
of ourselves now; the people OF lol2 may be trust
ted TO take care Of themselves. Pubic opmiOa'
in the mean time, ni1y become more 'nhshtned'
and the ,ois ioa of the protective policy may be
uenonstratd have not been disappointed -
INTERSECTIONS have been fu!fHed The peo-
nile of 1912, the whigs at least, everywhere, and
mapy of the democrats, are now fully persuaded
that the industry of this great country ought not to
be prostra ted at the feet of foreign powers.
"I have again and again asserted, on the floor OF
the Senate. that two principal objects were aimed
to be accomplished. One was to avert civil war
The other ,vas to PRESERVE the policy ofpr0tec'
t;on 1t was threatened by Mr.. Verplanck's bill
with total subversion; and believed then, and be-
lieye now, that, if the compromise had not passed,
at the next session of Congress all traces OF that
book. ."-Clay's letter to Clayton, august 22'
1874.
On the other side:
"Now, viewing it (the compromise) in this light
it appears that there eight years and a-haf and
nine years and a-half, taking the ultimate time'
which would be an efficient protection, the remain
ing duties will be Withdrawn by biennial feduc-
ton. The protective principle must be sa'dto be,
in some measure, relnquished at the end Of eight
uears and half This period cannot appear u'a-
reasonable, and think that no member OF the SEN
ate, or any portion of the country, ought to make
the slightest objection. Cldy's Speech, Fe6. IL,
1888.
Again:
ssIt now remains for me to consider the other OBJ
iection-the want OF guaranty to there being an ul-
terror continuance of the duties imposed by the bill
on the expiration Of the term lat 1922 which II
prescribes. The best guaranty WILDE found IN the
circumstances under which the measure would be
passed If passes by common consent--if it
passed with the assent of portion-a considerable
portion who have directly hitherto supported this
system, and by considerable portion OF those who
opposed it, if they declare their satisfaction with
the measure, | have no doubt the rate of duties
guaranteed will be continued after the expiration ol
the term, ifthe country continues in peace. ."-sont
speech. m
Again:
"when all this was known, what Congress,
what legislature would mar the guaranty! What
man who is entitled to deserve the character OF an
American statesman would stand up in his place,
in either House Of Congress, and disturb this trea-
ty of peace and amty'"-same speech.
Nor subsequently, to the passage OF the act Of
1912, has Mr.. Clay appeared, in the aspect he has
presented to the South, any more disposed toregard
the obligations of the compromise as having expir-
ed; ho wever he may have been induced or forced,
as the period of the election approaches, to present
to the North an aspect strengthening more and