Protection Or Free Trade An Examination of the Tariff Question With Especial Re
Protection Or Free Trade An Examination of the Tariff Question With Especial Re
Henry George
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If it were possible for the government of one country, by any system of taxation, to compel the peo- ple of other countries to pay its expenses, the world would soon be taxed into barbarism. But the possibility of exceptional cases in which im- port duties may in part or in whole fall on foreign producers, instead of domestic consumers, has in it, even for those who would gladly tax "foreigners, " no shadow of a recommendation for protection. For it will be noticed that the cases in which an im...port duty falls on foreign producers, are cases in which it can afford no encouragement to home producers. An import duty can only fall on foreign producers when its payment does not add to price ; while the only and thus, in some degree, compel them to share our loss, yet they also handicap us when we come into competition with them. Thus, assuming that our tariff upon imports may at times, to some slight extent, have increased the price which English consumers have had to pay for our cotton, wheat or oil, the increased cost of production in the United States has certainly operated far more strongly to give English producers an advantage over American pro- ducers in markets in which they compete, and to enable England to take the lion's share of the ocean-borne commerce of the world.
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