Founders Day May 1 1897 Addresses By Perley Orman Ray 1893 George Maynar
Founders Day May 1 1897 Addresses By Perley Orman Ray 1893 George Maynar
University of Vermont
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Why was it that commerce was so largely restricted to lux- uries ? There were reasons for it. National insecurity and fre- quent war made it impossible that one nation should depend in any essential degree upon another for the necessities of life. National independence in former times was largely based upon economic independence. A principality or a nation, to maintain its sovereignty, must be self-contained, else she could be starved into submission and thus conquered. A country might, indeed,... derive from other lands a small portion of her staple food products, but she must nevertheless have within her own borders the conditions which would make her self suffi- cient within a short period. This argument of self-sufficiency has been a favorite one of statesmen. It was so in the early days of this republic. It was argued that in no respect with re- gard to the necessities of life should the United States be de- pendent upon Europe. Now, however, with the rapid transportation, and the open- ing up of new parts of the world for supplies, this argument has not the force that it had in the past.
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