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When the Republic was organized, Political Economy as understood in the modern sense was in its elementary stage, and indeed could hardly be called a science.
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gutenberg.orgJames Blaine: “When the Republic was organized, Political Economy as understood in the modern sense was in its elementary stage, and…”
Editor's note · Context
Blaine discusses the early understanding of Political Economy at the formation of the Republic.
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Is any portion of the people bound to contribute their money or their blood to carry on a contest like that?
If this view of the subject be correct, as I think it is, then the Union must utterly perish at the moment when Congress shall arm one part of the people against another for any purpose beyond that of merely protecting the General…
Under such circumstances, to send a military force into any State, with orders to act against the people, would be simply making war upon them.
The States are colleagues of one another, and if some of them shall conquer the rest, and hold them as subjugated provinces, it would totally destroy the whole theory upon which they are now connected.
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