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Thayer, William Roscoe, 1859-1923

"Theodore Roosevelt; an Intimate Biography"

Eliot becomes the
chief advocate of universal military training, we need not fear
that it is synonymous with militarism.
On one subject--a protective tariff--I think that Roosevelt was
less satisfactory than on any other. At Harvard, in our college
days, John Stuart Mill's ideas on economics prevailed, and they
were ably expounded by Charles F. Dunbar, who then stood first
among American economists. Being a consistent Individualist, and
believing that liberty is a principle which applies to commerce,
not less than to intellectual and moral freedom, Mill, of course,
insisted on Free Trade. But after Roosevelt joined the Republican
Party--in the straw vote for President, in 1880, he had voted
like a large majority of undergraduates for Bayard, a Democrat--he
adopted Protection as the right principle in theory and in
practice. The teachings of Alexander Hamilton, the wonderful
spokesman of Federalism, the champion of a strong Government
which should be beneficent because it was unselfish and
enlightened, captivated and filled him.


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