Economic And Industrial Delusions a Discussion of the Case for Protection
Economic And Industrial Delusions a Discussion of the Case for Protection
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If we paid a subsidy higher than the highest so-called subsidy (in the form of mail contracts) paid by any other country, if we made other provision for starting the lines of ships and for carrying mails, spending the whole of this allow^ance in reducing the cost of our goods to our con- sumers — thus not only carrying them for nothing, but paying the exporter a bounty — the sum would not yet be sufficient to drive our British rivals out of the single country Brazil. On these figures I may rest.... They may be neither " so deep as a well nor so wide as a church- door, " but they are enough.
SECRETARY WINDOM's REPORTS.
The first report of Secretary Windom devoted a gener- ous deal of space to the advocacy of subsidies for United States steamship lines, which advocacy was repeated in his second report and in his last speech. More ships might be owned bv our own citizens, he assured us : which 13^ P. COh'OMrr AXn rMDl'STRlAf. Dklusions.
would reduce our " annual tax of $I50, CXXD, (X)0 for freights and fares, " and also, what was of more importance, give us direct instead of roundabout lines to our foreign custom- ers.
What to read after Economic And Industrial Delusions a Discussion of the Case for Protection?
You can find similar books in the "Read Also" column, or choose other free books by Arthur B Farquhar to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
If we paid a subsidy higher than the highest so-called subsidy (in the form of mail contracts) paid by any other country, if we made other provision for starting the lines of ships and for carrying mails, spending the whole of this allow^ance in reducing the cost of our goods to our con- sumers — thus not only carrying them for nothing, but paying the exporter a bounty — the sum would not yet be sufficient to drive our British rivals out of the single country Brazil. On these figures I may rest.... They may be neither " so deep as a well nor so wide as a church- door, " but they are enough.
SECRETARY WINDOM's REPORTS.
The first report of Secretary Windom devoted a gener- ous deal of space to the advocacy of subsidies for United States steamship lines, which advocacy was repeated in his second report and in his last speech. More ships might be owned bv our own citizens, he assured us : which 13^ P. COh'OMrr AXn rMDl'STRlAf. Dklusions.
would reduce our " annual tax of $I50, CXXD, (X)0 for freights and fares, " and also, what was of more importance, give us direct instead of roundabout lines to our foreign custom- ers.
What to read after Economic And Industrial Delusions a Discussion of the Case for Protection?
You can find similar books in the "Read Also" column, or choose other free books by Arthur B Farquhar to read onlineMoreLess
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