Is it possible, and probable, that nine millions of men can make effective progress in economic lines if they are deprived of political rights, made a servile caste, and allowed only the most meager chance for developing their exceptional men? If history and reason give any distinct answer to these questions, it is an emphatic number.

The answer is an emphatic NO.

Explanation:

Mr. Washington’s program of adjustment and submission for the Negro populace in America was aimed at shifting their focus on economic gains and financial liberation without obtaining basic rights of dignity and respects for their race, amidst other deprivations like political power, civil right and higher education for the young Negro populace temporally. Not considering that fact that respect for human rights and self for individual uniqueness is far more important than properties.  

answer; protectionism fosters competition and keeps price regulated;