State Aid And State Interference. Illustrated By Results in Commerce And Industry
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To quickly assess the difficulty of the text, read a short excerpt:
The alternative plan, the non-exclusion of out- siders, implies a low tariff for all without exception.
It is a plan which will ultimately prevail if only we pay any heed whatever to reason, experience, and expediency. A low tariff all over this vast agglo- meration of English markets will supply all these markets with products at their lowest cost of pro- duction. Each English community will then batten on the fact, which has done so much to enrich England, that whatever it uses or consumes wi...ll be obtained at the lowest cost possible. This is the one main condition of profitable production. This plan prevents any portion of the nation wasting its A Low Tariff Empire. 173 energies on products that can be produced cheaper elsewhere.
For instance, for many years to come the Colonies, if they judge aright of their real economic position, will be the natural markets for manufactures, the natural producers of raw materials. Manufactories only thrive in centres of dense population. Sparse populations, occupying vast tracts of fertile and virgin soil, if they would profit most will produce cotton, and wool, and wheat, and minerals.
What to read after State Aid And State Interference. Illustrated By Results in Commerce And Industry?
You can find similar books in the "Read Also" column, or choose other free books by Baden-Powell, George Smyth, Sir, 1847-1898 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The alternative plan, the non-exclusion of out- siders, implies a low tariff for all without exception.
It is a plan which will ultimately prevail if only we pay any heed whatever to reason, experience, and expediency. A low tariff all over this vast agglo- meration of English markets will supply all these markets with products at their lowest cost of pro- duction. Each English community will then batten on the fact, which has done so much to enrich England, that whatever it uses or consumes wi...ll be obtained at the lowest cost possible. This is the one main condition of profitable production. This plan prevents any portion of the nation wasting its A Low Tariff Empire. 173 energies on products that can be produced cheaper elsewhere.
For instance, for many years to come the Colonies, if they judge aright of their real economic position, will be the natural markets for manufactures, the natural producers of raw materials. Manufactories only thrive in centres of dense population. Sparse populations, occupying vast tracts of fertile and virgin soil, if they would profit most will produce cotton, and wool, and wheat, and minerals.
What to read after State Aid And State Interference. Illustrated By Results in Commerce And Industry?
You can find similar books in the "Read Also" column, or choose other free books by Baden-Powell, George Smyth, Sir, 1847-1898 to read onlineMoreLess
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