Is Protection a Benefit a Plea for the Negative
Is Protection a Benefit a Plea for the Negative
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They are worse than protected. Equal protection means protection to no one. You can not protect the raw-material man and the maker of finished goods at the same time. High-priced material means ruin to the manufacturer. " Though confess- ing that his industry was protected by a tax of one hundred per cent, Mr. Schoenhof deliberately stated that it would be better for him to enter the market on a plane of absolute free trade. James Means, the large manufacturer of boots and shoes, Boston, has is...sued a circular to his operatives showing how protection is harmful both to his interest and theirs. Many further examples could be given. These complaints are well founded, and no assertion is more true in the whole doctrine of free exchange.
Much that has been conferred by one section of the tariff has been taken away by another. The manufacturer has purchased the right to shear his countrymen like sheep by conceding to his fellow- shearers the right for them to shear him. By cutting off the supply of cheap material, protection has rendered it as impossible for our manufac- turers to make cheap goods as it was for the Israelites to make bricks without straw.
What to read after Is Protection a Benefit a Plea for the Negative?
You can find similar books in the "Read Also" column, or choose other free books by Taylor Edward C. to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
They are worse than protected. Equal protection means protection to no one. You can not protect the raw-material man and the maker of finished goods at the same time. High-priced material means ruin to the manufacturer. " Though confess- ing that his industry was protected by a tax of one hundred per cent, Mr. Schoenhof deliberately stated that it would be better for him to enter the market on a plane of absolute free trade. James Means, the large manufacturer of boots and shoes, Boston, has is...sued a circular to his operatives showing how protection is harmful both to his interest and theirs. Many further examples could be given. These complaints are well founded, and no assertion is more true in the whole doctrine of free exchange.
Much that has been conferred by one section of the tariff has been taken away by another. The manufacturer has purchased the right to shear his countrymen like sheep by conceding to his fellow- shearers the right for them to shear him. By cutting off the supply of cheap material, protection has rendered it as impossible for our manufac- turers to make cheap goods as it was for the Israelites to make bricks without straw.
What to read after Is Protection a Benefit a Plea for the Negative?
You can find similar books in the "Read Also" column, or choose other free books by Taylor Edward C. to read onlineMoreLess
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