Public Economy for the United States
Public Economy for the United States
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In our eReader you can find the full English version of the book. Read Public Economy for the United States 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 Public Economy for the United States
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He anticipates it. It may perhaps be called the instinct of experience, or of na- ture prompted by experience and observation. It is a feeling cre- ated, not without cause, before the reason of it is clearly under- stood. We prefer to call it popular instinct — the instinct of a party which feels that its interests are exposed to invasion and in- jury, and that they need protection.
The theory of Free Trade is, that duties not only increase Digitized by Google PROTECTIVB DUTIES NOT TAXBS. 353 p...rices, but that tbejr are the measure of the increase. It is not denied that duties on unprotected articles will enhance prices, ^nd that for this reason they are taxes, as duties on tea, coffee, spices, and various other articles which can not be produced at home* But it is found by experience that they are never an exact meas- ure. Sometimes the increase of price on such articles is greater than the duties, and sometimes it is less — ordinarily less. Wheth- er il shall be greater or less, depends entirely upon supply relative to demand — a rule which governs prices in all things.
What to read after Public Economy for the United States?
You can find similar books in the "Read Also" column, or choose other free books by Calvin Colton to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
He anticipates it. It may perhaps be called the instinct of experience, or of na- ture prompted by experience and observation. It is a feeling cre- ated, not without cause, before the reason of it is clearly under- stood. We prefer to call it popular instinct — the instinct of a party which feels that its interests are exposed to invasion and in- jury, and that they need protection.
The theory of Free Trade is, that duties not only increase Digitized by Google PROTECTIVB DUTIES NOT TAXBS. 353 p...rices, but that tbejr are the measure of the increase. It is not denied that duties on unprotected articles will enhance prices, ^nd that for this reason they are taxes, as duties on tea, coffee, spices, and various other articles which can not be produced at home* But it is found by experience that they are never an exact meas- ure. Sometimes the increase of price on such articles is greater than the duties, and sometimes it is less — ordinarily less. Wheth- er il shall be greater or less, depends entirely upon supply relative to demand — a rule which governs prices in all things.
What to read after Public Economy for the United States?
You can find similar books in the "Read Also" column, or choose other free books by Calvin Colton to read onlineMoreLess
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