Excerpt from Social Economist, Vol. 5: July to December, 1893 But although the South adopted England's policy, it was not for England's reasons. England wanted free trade because of the advanced state of her machine-using indus tries, which enabled her to undersell the world in manu factured products. The South wanted free trade because of her primitive methods of production (slave labor) and the utter absence of manufacturing industries and a home market, which made her dependent upon England. As the serf imbibes the views of his lord, so the South became more English than American in spirit and policy. With the retirement of the Democratic party at the close of the war, Southern ideas ceased to exercise any ap preciable influence upon the national policy. For a gener ation our public policy was dominated by the interests and ideas of the more advanced sections of the country, and a new differentiation in our national life and character began. Our statesmanship became distinctly American, and our national policy protection and development of a home market and manufacturing industries. And this has been a period of marvelous industrial development and political growth. Factories, railroads, and tributary industries have been multiplied, hamlets have been transformed into cities, and a profitable home market created, for the products of the South and West as well as of the North, such as no other country ever enjoyed. Indeed, our progress in wealth, power, and civilization under this regime has no parallel in the world's history. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.