Protection in the United States; a Study of the Origin And Growth of the American Tariff System, And Its Economic And Social Influences
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To quickly assess the difficulty of the text, read a short excerpt:
. Protection in the perfection of its design does not invite competition from abroad, but is based on the contrary principle that competition at home will always prevent monopoly on the part of the capitalist, assure good wages to the labourer, and defend the consumer against the evils of extortion." The late President McKinley, whose ardent and consistent advocacy of Protection was largely 54 PROTECTION IN THE UNITED STATES.
responsible for his great reputation and popularity with the people o...f his country, in an introduction to a work entitled "Protection and Reciprocity Illustrated," written in 1892, stated the purposes of Protection as contrasted with low or revenue tariffs, in this language : — "The revenue tariff accomplishes but a single purpose — that of raising revenue ; it has no other mission, while a protective tariff accomplishes this and more : it brings revenue to the American treasury and discriminates in favour of the American citizen.
The revenue tariff invites the product of foreign labour and foreign capital to occupy our market free from any restriction, in competition with our own labour and capital.
What to read after Protection in the United States; a Study of the Origin And Growth of the American Tariff System, And Its Economic And Social Influences?
You can find similar books in the "Read Also" column, or choose other free books by Alfred Maurice Low to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
. Protection in the perfection of its design does not invite competition from abroad, but is based on the contrary principle that competition at home will always prevent monopoly on the part of the capitalist, assure good wages to the labourer, and defend the consumer against the evils of extortion." The late President McKinley, whose ardent and consistent advocacy of Protection was largely 54 PROTECTION IN THE UNITED STATES.
responsible for his great reputation and popularity with the people o...f his country, in an introduction to a work entitled "Protection and Reciprocity Illustrated," written in 1892, stated the purposes of Protection as contrasted with low or revenue tariffs, in this language : — "The revenue tariff accomplishes but a single purpose — that of raising revenue ; it has no other mission, while a protective tariff accomplishes this and more : it brings revenue to the American treasury and discriminates in favour of the American citizen.
The revenue tariff invites the product of foreign labour and foreign capital to occupy our market free from any restriction, in competition with our own labour and capital.
What to read after Protection in the United States; a Study of the Origin And Growth of the American Tariff System, And Its Economic And Social Influences?
You can find similar books in the "Read Also" column, or choose other free books by Alfred Maurice Low to read onlineMoreLess
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