Which? Protection, Free Trade, Or Revenue Reform: A Collection of the Best Articles on Both Sides of this Great National Issue, from the Most Eminent Political Economists and Statesman ...H. W. Furber A.W. Mills, 1884 - 551 стор. |
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Сторінка 14
... secure that variety of indus- try and that balance of different industries which are essen- tial to a people's prosperity . This is the broad proposition which underlies and includes all arguments for the system . In form the argument ...
... secure that variety of indus- try and that balance of different industries which are essen- tial to a people's prosperity . This is the broad proposition which underlies and includes all arguments for the system . In form the argument ...
Сторінка 15
... secure diversified industry . This proposition is met by a flat denial , and the positive affirma- tion that there is a better and surer way of reaching that result . Where no interference or obstruction is allowed , there comes a ...
... secure diversified industry . This proposition is met by a flat denial , and the positive affirma- tion that there is a better and surer way of reaching that result . Where no interference or obstruction is allowed , there comes a ...
Сторінка 17
... secure to Germany the cotton - raising facilities of our Southern States . ( Obviously a protective tariff cannot create capital . ) Capital springs and grows only by industry and frugality . It is the fruit of saving . ( And certainly ...
... secure to Germany the cotton - raising facilities of our Southern States . ( Obviously a protective tariff cannot create capital . ) Capital springs and grows only by industry and frugality . It is the fruit of saving . ( And certainly ...
Сторінка 34
... secure to them the monopoly of the home market . It was probably in imitation of them , and to put themselves upon a level with those who , they found , were disposed to oppress them , that the country gentlemen and farmers of Great ...
... secure to them the monopoly of the home market . It was probably in imitation of them , and to put themselves upon a level with those who , they found , were disposed to oppress them , that the country gentlemen and farmers of Great ...
Сторінка 67
... secure proper encouragement to our domestic industry . That this was a leading object in the arrangement of the tariff of 1816 , I well remember , and it is demonstrated by the language of Mr. Dallas . He says in his report : " There ...
... secure proper encouragement to our domestic industry . That this was a leading object in the arrangement of the tariff of 1816 , I well remember , and it is demonstrated by the language of Mr. Dallas . He says in his report : " There ...
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abroad Adam Smith advantage agricultural American amount argument average balance of trade benefit Britain bushels census cent cheap cheaper cloth Cobden Club commerce commodities compete competition Congress consumers consumption corn corn law cost cotton demand dollars domestic effect employed employment England English equal Europe exchange exports fact factures farm farmers favor free trade free-trade give greater higher home market imported imposed increased interests Ireland iron labor power land laws legislation less manu manufac manufactures means ment millions mills monopoly nation natural necessary never obtain paid Political Economy present principles profits prosperity protectionists protective duty protective policy protective system protective tariff purchase question raised raw material reason reduced result revenue sell Senator ships supply suppose surplus tariff of 1816 taxation theory things tion United wages wealth wheat whole wool woolen workmen yard
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Сторінка 27 - By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention, v Nor is it always the worse for the society that it was no part of it.
Сторінка 171 - The statesman, who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself...
Сторінка 26 - As every individual, therefore, endeavours as much as he can both to employ his capital in the support of domestic industry, and so to direct that industry that its produce may be of the greatest value ; every individual necessarily labours to render the annual revenue of the society as great as he can. He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it.
Сторінка 284 - The only case in which, on mere principles of political economy, protecting duties can be defensible, is when they are imposed temporarily (especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstances of the country. The superiority of one country over another in a branch of production, often arises only from having begun it sooner.
Сторінка 171 - It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy.
Сторінка 27 - By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it.
Сторінка 28 - ... senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it.
Сторінка 530 - ... present tariff is necessary in order that higher wages may be paid to our workingmen employed in manufactories than are paid for what is called the pauper labor of Europe. All will acknowledge the force of an argument which involves the welfare and liberal compensation of our laboring people. Our labor is honorable in the eyes of every American citizen ; and, as it lies at the foundation of our development and progress, it is entitled, without affectation or hypocrisy, to the utmost regard. The...
Сторінка 29 - ... part of the produce of our own industry, employed in a way in which we have some advantage. The general industry of the country, being always in proportion to the capital which employs it, will not thereby be diminished, no more than that of the above-mentioned artificers; but only left to find out the way in which it can be employed with the greatest advantage.
Сторінка 33 - There seem, however, to be two cases in which it will generally be advantageous to lay some burden upon foreign for the encouragement of domestic industry. The first is, when some particular sort of industry is necessary for the defence of the country.