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In 1833, protection was abandoned, and a tariff was established by which it was provided that we should, in a few years, have a system of merely revenue duties. ↗
#duties #established #few #merely #protection
As I wrote I began to see more strongly that there were inescapable analogies. You couldn't really live through the '80s without feeling how crass and distasteful some of the economic doctrines were. The slave trade is a perfect model for that kind of total devotion to the profit motive without reckoning the human consequences. ↗