| Facts About 
        Free Trade Karl Marx embraced free trade 
        because he knew it would ultimately destroy the sovereignty of nations, 
        the prime Communist goal for creation of the One World socialist state. 
        George Washington, Alexander Hamilton, Thomas 
        Jefferson and virtually all of the Founding fathers of the United States 
        were protectionists steadfastly opposed to free trade. 
        The first significant legislation passed by the First 
        congress in 1789 and signed into law by President Washington on July 
        Fourth was a protectionist tariff that provided for over 90 percent of 
        the revenues to operate the new government and encouraged the building 
        of industries and development of family farms. 
        The tariff produced the bulk of the revenues for the 
        Federal Treasury for 125 years from 1789 to 1913 when it was replaced by 
        the income tax. 
        England adopted free trade in the 1830’s and soon went 
        from the predominant industrial power in the world to a distant third 
        behind the U.S. and Germany, both of which had practiced strict 
        protectionism to build their industrial base. England’s fall took less 
        than 50 years, about the same time frame as America’s manufacturing and 
        family farming decline sine the end of World War II. 
        Woodrow Wilson’s first act as president in 1913 was to 
        call a special session of the Congress to dismantle the tariff. A deep 
        depression followed as it did with every attempt to tamper with the 
        tariff for over a century. Domestic manufacturers shut down because they 
        could not compete with foreign products made by cheaper labor abroad 
        being dumped in the U.S. Market. 
        Franklin Roosevelt's "reciprocal" trade agreements 
        by-passed the Constitution and failed to rescue the New Deal, which was 
        bailed out by war production beginning in 1940. 
        Bretton Woods Agreement that created the World Bank 
        and International Monetary Fund—and indirectly the GATT/World Trade 
        Organization—was drawn up by a known Soviet agent, Harry Dexter White, 
        to destroy America’s industrial base. 
        World Bank and IMF have used American tax money to 
        build industries all over the globe to compete with U.S. industries and, 
        in many cases, to drive them out of business. Today our defense 
        industrial base is a shadow of its former self. 
        Wilson, Roosevelt, Kennedy, Johnson, Carter, and 
        Clinton all pushed free trade as the best way to build the "New World 
        Order." Now Republican President George Bush goes all out for free trade 
        with Mexico and the Western Hemisphere, seeking dictatorial Fast Track 
        authority to create the Free Trade Area of the Americas.  |