Protective Philosophy: A Discussion of the Principles of the American Protective System as Embodied in the McKinley Bill

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G.B. Reed, 1890 - 237 стор.

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Сторінка 100 - The superiority of one country over another in a branch of production often arises only from having begun it sooner. There may be no inherent advantage on one part or disadvantage on the other, but only a present superiority of acquired skill and experience.
Сторінка 152 - The laboring classes generally, in the manufacturing districts of this country, and especially in the iron and coal districts, are very little aware of the extent to which they are often indebted for their being employed at all to the immense losses which their employers voluntarily incur in bad times, in order to destroy foreign competition, and to gain and keep possession of foreign markets.
Сторінка 153 - ... the most wealthy capitalists to overwhelm all foreign competition in times of great depression, and thus to clear the way for the whole trade to step in when prices revive, and to carry on a great business before foreign capital can again accumulate to such an extent as to be able to establish a competition in prices with any chance of success.
Сторінка 100 - But it cannot be expected that individuals should, at their own risk, or rather to their certain loss, introduce a new manufacture, and bear the...
Сторінка 100 - ... from having begun it sooner. There may be no inherent advantage on one part, or disadvantage on the other, but only a present superiority of acquired skill and experience. A country which has this skill and experience yet to acquire, may in other respects be better adapted to the production than those which were earlier in the field ; and besides, it is a just remark of Mr.
Сторінка 100 - Rae, that nothing has a greater tendency to promote improvements in any branch of production than its trial under a new set of conditions. But it cannot be expected that individuals should, at their own risk, or, rather, to their certain loss, introduce a new manufacture...
Сторінка 33 - A reference to the reports from abroad will show that in every quarter of the world the perseverance and enterprise of the Germans are making themselves felt. In the actual production of commodities we have now few, if any, advantages over them; and in a knowledge of the markets of the world, a desire to accommodate themselves to local tastes or idiosyncracies, a determination to obtain a footing wherever they can, and a tenacity in maintaining it, they appear to be gaining ground upon us.
Сторінка 153 - The large capitals of this country are the great instruments of warfare (if the expression may be allowed) against the competing capital of foreign countries, and are the most essential instruments now remaining by which our manufacturing supremacy can be maintained ; the other elements — cheap labor, abundance of raw materials, means of communication, and skilled labor — being rapidly in process of being equalized.
Сторінка 153 - ... of three or four years. If the efforts of those who encourage the combinations to restrict the amount of labor and to produce strikes were to be successful for any length of time, the great accumulations of capital could no longer be made which enable a few of the most wealthy capitalists to overwhelm...
Сторінка 148 - I -do not know, but the homes of the poor in London are often very miserable. The state of the houses — families living in single rooms, sometimes many families in one room, a corner apiece. These things cannot go on ; these things ought not to go on.

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