This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1886 Excerpt: ... commerce with certain nations, such treaties having for their object the interchange of commodities on a fair and equitable basis, such as an agreement that in exchange for our taking from, any foreign nation, or from our colonies or possessions, any goods which they can produce cheaper than wo can, or of which they ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1886 Excerpt: ... commerce with certain nations, such treaties having for their object the interchange of commodities on a fair and equitable basis, such as an agreement that in exchange for our taking from, any foreign nation, or from our colonies or possessions, any goods which they can produce cheaper than wo can, or of which they produce more than they can consume themselves, they in exchange take our manui'actures or produce on similar terms; and of course the merchandise of such nations as refuse to enter into such treaties must be taxed to a greater or less extent, otherwise there would be no inducement to treat with us at all. There is not only a palpable and clear distinction here between the two policies, but also a vital difference. To illustrate my point, let us suppose that Canada, Australia, and Russia agree to take from us coals, iron, and steel, free of duty, on condition that we admit their corn and other produce free into our ports; that is Reciprocity or Fair Trade. But suppose these countries refuse to admit our goods free, and yet we continue to admit their corn or other produce free, that is onesided Free Trade. But should we decide to tax all corn, whencesoever it comes and whether the countries sending it take our goods free or not, that is Protection. I trust these explanations will make the matter clear to the most rabid partisan of one-sided Free Trade; if not, I must confess I can do nothing more to clear away the cobwebs from his obtuse brain. Cross-examined by Mr. Commerce.--You are rather hard upon my learned friend, who confesses that upon this point he is just as obtuse as the rabid Free-traders--(laughter)--but tell me--Supposing that in consequence of this policy of yours bread were to go up twopence a loaf, do you imagine it would be any ...
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Add this copy of The Great Trial: Fair Trade V. Free Trade... to cart. $44.36, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2012 by Nabu Press.
