National Economy a History of the American Protective System And Its Effects
National Economy a History of the American Protective System And Its Effects
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S. Referred to the woolen establish- ment at Steubcnville, Ohio, [the same that had been referred to by Mr. Mallary in this debate. ] It consumed annually $50, 000 worth of agricultural produce of the surrounding country. Now if, by rejecting" this bill, that establishment 1827. J DEBATE ON WOOLENS BILL. 191 should be destroyed, what would be the effect on the farmers ? It would not only destroy this market, but increase the quan- tity of agricultural products by converting customers into rival...s consumers into producers of agricultural products. But suppose that, by passing this bill, two or three other es- tablishments should be put into operation in that place, which he stated from personal knowledge would be done ; would this impose a tax on the farmer for the benefit of the manufacturer ? Would this create monopolies ? Precisely the reverse.
Mr. S. Also controverted the idea that the encouragement of manufactures was injurious to commerce. He held it to be a sound political axiom, that the prosperity of commerce would always be in proportion to the prosperity of agricul- ture and manufactures.
What to read after National Economy a History of the American Protective System And Its Effects?
You can find similar books in the "Read Also" column, or choose other free books by Andrew W Andrew White Young to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
S. Referred to the woolen establish- ment at Steubcnville, Ohio, [the same that had been referred to by Mr. Mallary in this debate. ] It consumed annually $50, 000 worth of agricultural produce of the surrounding country. Now if, by rejecting" this bill, that establishment 1827. J DEBATE ON WOOLENS BILL. 191 should be destroyed, what would be the effect on the farmers ? It would not only destroy this market, but increase the quan- tity of agricultural products by converting customers into rival...s consumers into producers of agricultural products. But suppose that, by passing this bill, two or three other es- tablishments should be put into operation in that place, which he stated from personal knowledge would be done ; would this impose a tax on the farmer for the benefit of the manufacturer ? Would this create monopolies ? Precisely the reverse.
Mr. S. Also controverted the idea that the encouragement of manufactures was injurious to commerce. He held it to be a sound political axiom, that the prosperity of commerce would always be in proportion to the prosperity of agricul- ture and manufactures.
What to read after National Economy a History of the American Protective System And Its Effects?
You can find similar books in the "Read Also" column, or choose other free books by Andrew W Andrew White Young to read onlineMoreLess
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