This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1899 edition. Excerpt: ...of human progress. Our agriculturists, so far as wheat-growing and cattle-rearing are concerned, suffer, but as before stated, the community as a whole, is richer for the process. As regards wheat in particular, we now obtain with certainty, by means of free imports, four loaves of bread from wheat ...
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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1899 edition. Excerpt: ...of human progress. Our agriculturists, so far as wheat-growing and cattle-rearing are concerned, suffer, but as before stated, the community as a whole, is richer for the process. As regards wheat in particular, we now obtain with certainty, by means of free imports, four loaves of bread from wheat grown abroad where we should otherwise obtain only three with uncertainty, and we do so by means of those foreign investments of which the " Four " complain. As regards our manufactures, so far from the investment of capital in them being discouraged by all this, the very contrary is the truth, investment is stimulated, labour is drawn from agriculture where it is not wanted into other occupations where it is wanted, and thus obtains a higher reward than it otherwise would, while employment is found, not only for the migrating agriculturist, but for the greater part of that increasing population which is more and more pressing on us, and which is one of the greatest difficulties with which we have to deal. CHAPTER III. REMEDIES. 1. Countervailing Duty on Sugar.--Fal'acies--Colonial Growers and Home Refiners would Gain--The Community would Suffer--Figures--Insignificance of Home-refining Interest. 2. Duties on Foreign Manufactures.--Keeping out Foreign Goods giving Increased Employment to Labour--Fallacies--Producers and Consumers--True Definition--Competition in Home Market--Protective Duties cause Decreased Production--Return Trade created by Imports overlooked--Mr. Kcroyd and Mr. W. J. Harris; 240,000 worth of Koreign Carpentry--Benefits of Foreign Trade--Competition in Neutral Markets--If we cannot Compete at Home we cannot Compete Abroad--Do Duties keep out Foreign Goods?--Last Annual Report of United States Secretary to the...
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