International Industrial Competition a Paper Read Before the American Social Sc
International Industrial Competition a Paper Read Before the American Social Sc
Joseph Wharton
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He needs prosperous artisans by his side to con- sume the one and furnish the other, in default of which 'his crops must rot or be sold abroad for a trifle, and his wants, other than for food, must remain unsatisfied or be supplied by foreigners at a cost in the end ruinous. The farmer's products are in many cases directly protected from the indirect invasions I have named, but even were this not so, he is protected when the miner and manu- facturer are protected. Here I might with propriety, i...f space permitted, offer proof that suitable protective tariff laws are no burden upon any part of the community, but operate to the benefit of consumers, by ultimately cheapening as well as multiplying . Products ; but this has been so frequently demonstrated, that another repetition may well be dispensed with. The following quotation from a leading English sociologist may, however, be introduced as showing that, besides the direct benefit to the general public from having the public expenses defrayed in whole or in part by taxes upon foreigners, and besides the cheapening through domestic competi- tion of the article subjected to import duty, another public benefit, in his opinion, ensues from tariffs by reason of the curious indirect result that foreigners are thereby obliged to pay more for the article exported in payment.
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