Political Affairs of the Country: a Series of Communications On ..., volume 3

Cover Political Affairs of the Country: a Series of Communications On ..., volume 3
Political Affairs of the Country: a Series of Communications On ..., volume 3
John Collins Francis
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Admonished by the expe- rience of the past, every farmer should avail himself of that one idea in order to restore the agricultural interest to that first posi- tion among our industries into which the natural laws of trade would place it, and every voter should shun that corrupted bal- lot box who is not willing to sell himself and his posterity into slavery. September 19, 1882.
Digitized by VjOOQIC 136 POUTICAL HISTOBY.
PROTECTING MANUFACTURERS.
The Fallacy of the Theory. —Its Injustice and E
...vil Tendency.
On the 448d page of the first volume of my " Political His- tory/' and also the Congressional Olobe, will show the fact that in March, 1846, on the floor of Congress I called attention to the fact, as shown by the census and the manufacturers' own showing, that while the American manufacturer had provisions, raw mate- rial and water power cheaper than those of Europe, the European manufacturer had to incur the contingencies and expense of bringing their fabrics across the Atlantic ocean, and that labor con- stituted only twenty-four per cent of the expense of the American fabric, so that a duty of twenty-four per cent would be a suflBcient protection of the American manufacturer against the cheap labor of Europe, even if European labor should have cost nothing.


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