Revenue Reform An Essay
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Revenue Reform.
ply of cotton, woollen, and worsted goods would be so much reduced in cost of manufacture by the enactment of such a tariff, that, although under it, wages in factories might and probably would advance in this country, it would not be possible to import any large por- tion of the supply needed for home consumption, while the renewal of our exports would insure that stability which has been so long wanting.
This renewal of the export of manu- factures might be expected to take pl...ace, even though higher wages paid by us should cause our goods to cost a little more than those made by our foreign competitors, since free buyers are always free sellers. If we want foreign wool, and can give a fair price, paying therefor in cotton cloth, the seller of the wool can afford to pay a little more for our cotton cloth rather than to take gold and pay the expense of its transshipment to London, there to be expended for cotton cloth.
It is claimed by some persons who have no very clear perception of the general effect of a tax upon commodi- ties, that the taxes upon tea and cof- fee are especially onerous to the mass of the people.
What to read after Revenue Reform An Essay?
You can find similar books in the "Read Also" column, or choose other free books by Edward Atkinson to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Revenue Reform.
ply of cotton, woollen, and worsted goods would be so much reduced in cost of manufacture by the enactment of such a tariff, that, although under it, wages in factories might and probably would advance in this country, it would not be possible to import any large por- tion of the supply needed for home consumption, while the renewal of our exports would insure that stability which has been so long wanting.
This renewal of the export of manu- factures might be expected to take pl...ace, even though higher wages paid by us should cause our goods to cost a little more than those made by our foreign competitors, since free buyers are always free sellers. If we want foreign wool, and can give a fair price, paying therefor in cotton cloth, the seller of the wool can afford to pay a little more for our cotton cloth rather than to take gold and pay the expense of its transshipment to London, there to be expended for cotton cloth.
It is claimed by some persons who have no very clear perception of the general effect of a tax upon commodi- ties, that the taxes upon tea and cof- fee are especially onerous to the mass of the people.
What to read after Revenue Reform An Essay?
You can find similar books in the "Read Also" column, or choose other free books by Edward Atkinson to read onlineMoreLess
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