Report of the Proceedings of the International Free Trade Congress : London, August, 1908
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In our eReader you can find the full English version of the book. Read Report of the Proceedings of the International Free Trade Congress : London, August, 1908 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 Report of the Proceedings of the International Free Trade Congress : London, August, 1908
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The real Protection, which alone 360 is ethically justifiable, lies in individual thought and in indi- vidual will-power being intelligently exercised in all the circumstances of legitimate competition (it lies in the two words, "help yourself!"). If, in theory, the increase of wages of labour and the improvement of the social position of the workman is the acknowledged aim of Protection, this argument has not held good in practice, for, as a matter of fact, a high protective tariff has never e...xercised a lasting influence on the increase of workmen's wages, but, on the contrary, any increase that was effected was always the outcome of strikes on the part of the work- men themselves. But there can, on the other hand, be no doubt that under a system of Protection, the working classes have always had to pay higher prices for their food and clothing. Nor must we omit to call attention to the fact that a system of Protection has a decrease of the market in its wake ; since owing to the artificial raising of prices and in consequence of a decrease of supply, the buying capacity of the consumer soon begins to decline also.
What to read after Report of the Proceedings of the International Free Trade Congress : London, August, 1908?
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To quickly assess the difficulty of the text, read a short excerpt:
The real Protection, which alone 360 is ethically justifiable, lies in individual thought and in indi- vidual will-power being intelligently exercised in all the circumstances of legitimate competition (it lies in the two words, "help yourself!"). If, in theory, the increase of wages of labour and the improvement of the social position of the workman is the acknowledged aim of Protection, this argument has not held good in practice, for, as a matter of fact, a high protective tariff has never e...xercised a lasting influence on the increase of workmen's wages, but, on the contrary, any increase that was effected was always the outcome of strikes on the part of the work- men themselves. But there can, on the other hand, be no doubt that under a system of Protection, the working classes have always had to pay higher prices for their food and clothing. Nor must we omit to call attention to the fact that a system of Protection has a decrease of the market in its wake ; since owing to the artificial raising of prices and in consequence of a decrease of supply, the buying capacity of the consumer soon begins to decline also.
What to read after Report of the Proceedings of the International Free Trade Congress : London, August, 1908?
You can find similar books in the "Read Also" column, or choose other free books by International Free Trade Congress to read onlineMoreLess
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