Meaning: This quote by Henry Carey, an American economist and advisor to President Abraham Lincoln, reflects a strong stance against slavery and the importance of trade in promoting emancipation. Carey was a prominent advocate for protectionist economic policies and a vocal opponent of the slave trade. In this quote, he suggests that by engaging in trade with those who work towards the improvement of their own subjects and the emancipation of slaves, one aligns themselves with noble causes and contributes to the broader goal of ending slavery globally.

During the 19th century, when Carey was active, the issue of slavery was a contentious and deeply divisive issue, particularly in the United States. The quote reflects Carey's belief that economic activity and trade could be leveraged to advance social and moral objectives, in this case, the abolition of slavery.

Carey's views on trade and its potential to impact social and political issues were shaped by the economic and political context of his time. The Industrial Revolution was transforming economies, and debates over protectionism versus free trade were central to economic policy discussions. Carey was a proponent of protectionism, arguing that it could support domestic industries and labor while also serving broader social goals such as the abolition of slavery.

The quote also underscores the interconnectedness of global trade and the moral responsibilities that come with economic engagement. Carey's emphasis on "the emancipation of the slave everywhere" suggests a recognition of the global nature of the slave trade and the need for concerted efforts to address it on an international scale. In this context, Carey's words resonate with the broader movement for abolition and the understanding that economic relationships can have profound implications for social justice and human rights.

Furthermore, the quote highlights the ethical dimensions of trade and the choices that individuals and nations make when engaging in commercial activities. By suggesting that trade can align individuals or nations with those working for the emancipation of slaves, Carey implies that economic decisions carry moral weight and can be used to advance noble causes. This perspective challenges the notion of trade as purely transactional and underscores its potential to be a force for positive change.

Carey's legacy as an economist and advocate for social and economic justice continues to be relevant today. The quote resonates with ongoing discussions about the ethical dimensions of global trade, corporate responsibility, and the role of economic policies in addressing social and environmental challenges. It serves as a reminder that economic activities are not divorced from broader societal concerns and that individuals and nations have the power to shape trade in ways that align with principles of justice and human rights.

In conclusion, Henry Carey's quote encapsulates his belief in the power of trade to influence social and moral objectives, particularly in the context of the abolition of slavery. It reflects his broader advocacy for protectionist economic policies and his recognition of the interconnectedness of global trade and social justice issues. The quote continues to offer insights into the ethical dimensions of trade and the potential for economic engagement to contribute to emancipatory goals.