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One is the British system; the other we may be proud to call the American system, for it is the only one ever devised the tendency of which was that of elevating while equalizing the condition of man throughout the world.
It, the British System, is the most gigantic system of slavery the world has yet seen, and therefore it is that freedom gradually disappears from every country over which England is enabled to obtain control. By adopting the ‘free trade,’ or the British system, we place ourselves side by side with the men who have ruined Ireland and India, and are now poisoning and enslaving the Chinese people. By adopting the other trade, we place ourselves by the side of those whose measures tend not only to the improvement of their own subjects, but to the emancipation of the slave everywhere.
Such is the true mission of the people of these United States – to raise the value of labour throughout the world, we need only to raise the value of our own.”
So, given our economic troubles, which system shall the United States use as a model today – the one which made us truly independent from the British Empire, and built our economy from the ground up? Or the British system, which seeks to benefit the speculator at the expense of the producer?