In my latest reading of The Great Betrayal: How American Sovereignty and Social Justice Are Being Sacrificed to the Gods of the Global Economy, Pat Buchanan talks about protectionism in antebellum America.
In
 the early days of the American republic, Buchanan argues, there was a 
tendency towards protectionism because prominent founders wanted for the
 United States to be self-sufficient and independent.  The 
reason was that they had seen what had happened when the thirteen 
colonies were dependent on the British for certain goods----they could 
be negatively impacted when Britain imposed high taxes on goods that it 
shipped to the thirteen colonies!
Like Edward Gresser in Freedom from Want, Buchanan portrays Thomas Jefferson as a free-trader.  Unlike
 Gresser, however, Buchanan maintains that Jefferson became a 
protectionist after seeing the pitfalls to relying on other nations such
 as Britain and France for goods, and Buchanan also presents 
Jefferson's free-trade stage as a time of naievity.  At the same time, 
Buchanan notes an ideological motivation for Jefferson's commitment to 
free-trade: Jefferson wanted an agrarian nation rather than a 
manufacturing one.
According to Buchanan, Jefferson's agrarian 
motivation for supporting free trade was taken up by others.  There were
 southerners who wanted to trade with other countries, and they resented
 the tariffs.  One reason was that, like Jefferson, they wanted an 
agrarian nation, and one southerner even contrasted an agrarian 
culture with the dirtiness and pollution that comes with manufacturing. 
 (Buchanan remarks that this sentiment was similar to that of 
environmentalism!)  Another reason was that the southerners 
wanted to trade with people who actually bought their products (i.e., 
cotton, tobacco, and rice).  Foreigners like the British bought southern
 products.  By and large, according to Buchanan, the North did not.  
(But I wonder: Wouldn't the North need southern cotton for the textile 
industry?)
 
 
 Posts
Posts
 
 
 
