Politics for Young Americans
Politics for Young Americans
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In our eReader you can find the full English version of the book. Read Politics for Young Americans Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Politics for Young Americans
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To quickly assess the difficulty of the text, read a short excerpt:
288. Tou see, in these three instances, that — 1st. Pro- tection diverts capital from numerous diversified and naturally productive into fewer and naturally less pro- ductive channels : which is an injury to the mass of the people, because it checks their enterprise and ingenuity.
2d. It diverts labor in the same measure — for labor fol- lows capital ; and it places the laborer always in a more Digitized by Google 136 POLITICS FOR YOUNG AMERICANS, dependent and precarious situation. 3d. It caus...es loss of capital, which is a serious injury to the country, for capital is accumulated wealth, and one of the most im- portant tools for further increasing wealth. 4th. Final- ly, it is a means of deranging industry, and thus sudden- ly throwing great numbers of men out of employment.
5th. And it does all this injury in a most costly manner, by a tribute levied upon the whole population.
289. I might exhibit to you many other examples of the folly and loss of " protection " — as the high duty on foreign salt, which, Ist, destroyed some part of our foreign commerce, where our ships were able to carry an outward cargo cheaply only on condition of bring- ing home salt from Liverpool or the West Indies ; and, 2d, actually enabled a combination of salt monopolists, two or three great companies, to close some of the more important of our own salt-works, and thus lessen the supply to the American people.
What to read after Politics for Young Americans?
You can find similar books in the "Read Also" column, or choose other free books by Nordhoff, Charles, 1887-1947 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
288. Tou see, in these three instances, that — 1st. Pro- tection diverts capital from numerous diversified and naturally productive into fewer and naturally less pro- ductive channels : which is an injury to the mass of the people, because it checks their enterprise and ingenuity.
2d. It diverts labor in the same measure — for labor fol- lows capital ; and it places the laborer always in a more Digitized by Google 136 POLITICS FOR YOUNG AMERICANS, dependent and precarious situation. 3d. It caus...es loss of capital, which is a serious injury to the country, for capital is accumulated wealth, and one of the most im- portant tools for further increasing wealth. 4th. Final- ly, it is a means of deranging industry, and thus sudden- ly throwing great numbers of men out of employment.
5th. And it does all this injury in a most costly manner, by a tribute levied upon the whole population.
289. I might exhibit to you many other examples of the folly and loss of " protection " — as the high duty on foreign salt, which, Ist, destroyed some part of our foreign commerce, where our ships were able to carry an outward cargo cheaply only on condition of bring- ing home salt from Liverpool or the West Indies ; and, 2d, actually enabled a combination of salt monopolists, two or three great companies, to close some of the more important of our own salt-works, and thus lessen the supply to the American people.
What to read after Politics for Young Americans?
You can find similar books in the "Read Also" column, or choose other free books by Nordhoff, Charles, 1887-1947 to read onlineMoreLess
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