National System of Political Economy
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Some of these manufacturing nations of the second and third rank, of which the industry has been stimulated into life by twenty-five years of war, and afterwards strongly consolidated by twenty-five years of interdiction from the English market for their agricultural products, would have required perhaps not more than ten or fifteen years of efficient protection to be able to encounter free trade with England. It would have been most unreasonable, we repeat, for such nations, after the sacrific...es of half a century, to renounce the immense advantages of manu- facturing industry, — the high degree of culture, prosperity, and independence, enjoyed by agricultural and manufacturing countries, to descend to the inferior rank of dependent agricul- tural nations, and for the single reason that it pleased England then to acknowledge her error, and co entertain a presentiment of the approaching elevation of the continental nations to a state of rivalry with her.
Even if the manufacturing interest of England should obtain sufficient influence to compel concessions as to the importation of agricultural products, the House of Lords being composed entirely of proprietors of large estates, and the House of Commons also embracing a majority of land-owners, who could say, that after a few years a new tory ministry in other circum- 272 ' THEORY.
What to read after National System of Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by List, Friedrich, 1789-1846 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Some of these manufacturing nations of the second and third rank, of which the industry has been stimulated into life by twenty-five years of war, and afterwards strongly consolidated by twenty-five years of interdiction from the English market for their agricultural products, would have required perhaps not more than ten or fifteen years of efficient protection to be able to encounter free trade with England. It would have been most unreasonable, we repeat, for such nations, after the sacrific...es of half a century, to renounce the immense advantages of manu- facturing industry, — the high degree of culture, prosperity, and independence, enjoyed by agricultural and manufacturing countries, to descend to the inferior rank of dependent agricul- tural nations, and for the single reason that it pleased England then to acknowledge her error, and co entertain a presentiment of the approaching elevation of the continental nations to a state of rivalry with her.
Even if the manufacturing interest of England should obtain sufficient influence to compel concessions as to the importation of agricultural products, the House of Lords being composed entirely of proprietors of large estates, and the House of Commons also embracing a majority of land-owners, who could say, that after a few years a new tory ministry in other circum- 272 ' THEORY.
What to read after National System of Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by List, Friedrich, 1789-1846 to read onlineMoreLess
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