FINANCIAL CRISES : THEIR CAUSES AND EFFECTS |
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Сторінка 5
Russia and Sweden have, however, suffered much—the crisis having become,
apparently, as permanent as it is among ourselves. Why should this be so? Why
should they be paralyzed, while France and Germany escape uninjured 7 ...
Russia and Sweden have, however, suffered much—the crisis having become,
apparently, as permanent as it is among ourselves. Why should this be so? Why
should they be paralyzed, while France and Germany escape uninjured 7 ...
Сторінка 6
How it has been among ourselves, is shown in the following brief statement of the
facts of the last half century. From the date of the passage of the act of 1816, by
which the axe was laid to the root of our then-rapidly-growing manufactures, our ...
How it has been among ourselves, is shown in the following brief statement of the
facts of the last half century. From the date of the passage of the act of 1816, by
which the axe was laid to the root of our then-rapidly-growing manufactures, our ...
Сторінка 9
... it was “time we should become a little more Americanized”— and that, if we
continued longer the policy of feeding “the paupers and laborers of England” in
preference to our own, we should “all be rendered paupers ourselves.” Why is all
...
... it was “time we should become a little more Americanized”— and that, if we
continued longer the policy of feeding “the paupers and laborers of England” in
preference to our own, we should “all be rendered paupers ourselves.” Why is all
...
Сторінка 10
... that of man's progress towards that perfect freedom of action which we should
all desire for ourselves and those around us, on the one hand, or his decline
towards slavery, and its attendant barbarism, on the other? That, as it seems to
me, ...
... that of man's progress towards that perfect freedom of action which we should
all desire for ourselves and those around us, on the one hand, or his decline
towards slavery, and its attendant barbarism, on the other? That, as it seems to
me, ...
Сторінка 11
... and all our own, tend to prove that steadiness is most found in those countries,
and at those periods, in which the policy pursued is that protective one advocated
in France by the great Colbert, and among ourselves by Washington, Franklin, ...
... and all our own, tend to prove that steadiness is most found in those countries,
and at those periods, in which the policy pursued is that protective one advocated
in France by the great Colbert, and among ourselves by Washington, Franklin, ...
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action advocate already answer become Britain British capital CAREY carrying cause cent cities close cloth colonial compelled competition consequence consumers cotton creation crises dear sir debt demand dependence desire direction domestic commerce duties effect enabling England entirely existence extent facts farmers five followed foreign France free trade free-trade freedom French give given greater growing growth half hands HENRY increase industry interest iron journal labor land laws less letter look maintained manufactures means measures millions mills nature necessity º e º object obtain ourselves paid Pass past pauperism perfect period PHILADELPHIA political present profit protection purchase question readers reason regard remain result rich road seek sell single slavery South steadiness tariff tends tion Turn Union wealth West whole York
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Сторінка 53 - 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 19 - 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 54 - ... 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.
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Сторінка 19 - 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. 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.