Review of Professor Sumner's Speech Before the Tariff Commission
Review of Professor Sumner's Speech Before the Tariff Commission
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In our eReader you can find the full English version of the book. Read Review of Professor Sumner's Speech Before the Tariff Commission 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 Review of Professor Sumner's Speech Before the Tariff Commission
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To quickly assess the difficulty of the text, read a short excerpt:
Sumner's microscopic vision sees only the present. He as- sumes that if our farmers had to sell nineteen hundred millions abroad instead of seven hundred, they would get the same price.
With the seven hundred millions of raw products, we now buy abroad say three hundred and fifty millions, which we could not produce, of tropical products, and a like quantity of the finer manufactures which we cannot yet produce under existing duties.
If we did not produce finished products for ourselves, we sho...uld have to buy not only what we now buy, but many times that quantity. Mr. Sumner assumes that under such circumstances the price of imports would be the same as now! Or, leaving out the reference to price, he assumes that whereas now we exchange three hundred and fifty million dollars worth of raw products Digitized by VjOOQ IC 22 TARIFF COMMISSION.
for the like amount of finished commodities, we could exchange at the same advantage, if we were under the necessity of selling and buying abroad, four times as much!
What to read after Review of Professor Sumner's Speech Before the Tariff Commission?
You can find similar books in the "Read Also" column, or choose other free books by George Basil Dixwell to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Sumner's microscopic vision sees only the present. He as- sumes that if our farmers had to sell nineteen hundred millions abroad instead of seven hundred, they would get the same price.
With the seven hundred millions of raw products, we now buy abroad say three hundred and fifty millions, which we could not produce, of tropical products, and a like quantity of the finer manufactures which we cannot yet produce under existing duties.
If we did not produce finished products for ourselves, we sho...uld have to buy not only what we now buy, but many times that quantity. Mr. Sumner assumes that under such circumstances the price of imports would be the same as now! Or, leaving out the reference to price, he assumes that whereas now we exchange three hundred and fifty million dollars worth of raw products Digitized by VjOOQ IC 22 TARIFF COMMISSION.
for the like amount of finished commodities, we could exchange at the same advantage, if we were under the necessity of selling and buying abroad, four times as much!
What to read after Review of Professor Sumner's Speech Before the Tariff Commission?
You can find similar books in the "Read Also" column, or choose other free books by George Basil Dixwell to read onlineMoreLess
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