Tuesday, August 29, 2023

THE AMERICAN SYSTEM VS. BRITISH FREE TRADE LOOTING

Henry Carey and William McKinley:

http://american_almanac.tripod.com/carey95.htm

 
What Is the American System?
U.S. citizens, and even economists and historians in this country, have often never heard of the "American System" of economics which made our nation great. Worse yet, many confuse it with the British System of free trade and looting.

In the nineteenth century, however, our leading statesmen not only understood the American System, but promoted it, and campaigned for it, in their political speeches. They understood that our nation, even the world, was in a life or death battle against the British System of economics.

Americans must understand that their noble identity lies in fighting the British system of economics. That is the only pathway out of the current crisis.

Here, we begin a series of articles explaining the American System in the words of national leaders who implemented it, such as Alexander Hamilton, John Quincy Adams, and Abraham Lincoln. We begin with from the writings and speeches of President Lincoln's economics adviser, Henry C. Carey, and President William McKinley, both before and after he entered the White House in 1896. The ferocity of the political battle between America and our historical adversary Great Britain, an implacable adversary of American System economics, is attested to by the fact that McKinley, America's 25th President, was assassinated by British-linked anarchist Leon Czolgosz, six months after his election to a second term in 1900. The Anglophile Teddy Roosevelt, who reversed all of the Lincoln-McKinley economic policies, took office.

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