A Short History of a Long Fight Free Trade And Protection
A Short History of a Long Fight Free Trade And Protection
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In our eReader you can find the full English version of the book. Read A Short History of a Long Fight Free Trade And Protection Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book A Short History of a Long Fight Free Trade And Protection
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, or, as forty-five millions to nine.
These facts mean this, and nothing else ; an increase of the imports called for the increase of bank issues and credits, and the labor and capital previously employed in manufactures in the Eastern and Middle States, crowded out by the influx of foreign goods, were driven to the West to seek investment and support. The whole history of the United States, without an exceptional instance, shows that whenever the treasury was gorged by receipts from customs an...d the proceeds of the public lands, a money crisis was in full pressure, and that a general bank- ruptcy of Government banks and people inevitably followed. . No ex- cessive bank issues and credits ever once occurred, or could occur (previous to the date of the great Rebellion), under a protective tariff. And we add that, no over-dealing in anything except foreign commodi- ties can greatly, or even considerably, shake the finances of the Nation and of the people, simply because no other sort of speculation or over- trading, be they ever so wild, throws out of employment the industry of the country and the capital associated with it in production.
What to read after A Short History of a Long Fight Free Trade And Protection?
You can find similar books in the "Read Also" column, or choose other free books by Elder, William, 1806-1885 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
, or, as forty-five millions to nine.
These facts mean this, and nothing else ; an increase of the imports called for the increase of bank issues and credits, and the labor and capital previously employed in manufactures in the Eastern and Middle States, crowded out by the influx of foreign goods, were driven to the West to seek investment and support. The whole history of the United States, without an exceptional instance, shows that whenever the treasury was gorged by receipts from customs an...d the proceeds of the public lands, a money crisis was in full pressure, and that a general bank- ruptcy of Government banks and people inevitably followed. . No ex- cessive bank issues and credits ever once occurred, or could occur (previous to the date of the great Rebellion), under a protective tariff. And we add that, no over-dealing in anything except foreign commodi- ties can greatly, or even considerably, shake the finances of the Nation and of the people, simply because no other sort of speculation or over- trading, be they ever so wild, throws out of employment the industry of the country and the capital associated with it in production.
What to read after A Short History of a Long Fight Free Trade And Protection?
You can find similar books in the "Read Also" column, or choose other free books by Elder, William, 1806-1885 to read onlineMoreLess
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