The book Questions of the Day: Economic And Social was written by author Elder, William, 1806-1885. [from Old Catalog] Here you can read free online of Questions of the Day: Economic And Social book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Questions of the Day: Economic And Social a good or bad book?
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There is nothing which the free traders make so much of, or press so urgently upon the inexpert and uninformed of their audi- ences, as the reflected effect of protective duties upon the prices of the domestic products. Their whole doctrine turns upon prices, and they are bound to make the most of them. This party in the United States accepts the late special Commissioner of the Revenue as the expositor of this point in their appeal to the populace, and rely upon his statistical arguments as th...e most effective of their weapons. I quote him only to authenticate my statement of the propositions on which they throw their force. In his official report to the Secretary of the Treasury dated December, 1869, will be found in detail the data and the inferences which I must condense in a brief but sufficiently forcible array. He says, in so many words, that a reduction in the duty upon foreign salt would be followed by a corresponding reduction in the price of the domestic article. In a dozen other instances, in other words, he says the same thing.
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