An argument much relied upon and strongly presented by the advocates of free-trade is the alleged tendency to over-production of protected articles, followed uniformly by seasons of depression and at certain intervals by financial panic and wide-spread distress.
Blaine addresses the argument that protectionism leads to overproduction and economic distress, a common claim by free-trade advocates.
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He was a lawyer in full practice, a man of the highest integrity, without fear and without reproach.
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This ratio of influence went into the Electoral College, and gave to the white men of South Carolina, Mississippi and Louisiana double the power of that enjoyed by white men in New York, Illinois and California.
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