The National Revenues a Span Classsearchtermspan Classsearchtermcolle
The National Revenues a Span Classsearchtermspan Classsearchtermcolle
Shaw Albert
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The address was originally read before the American Social Science Association, at Saratoga, September 10, 1884. [EDR-] 189 190 The National Revenues. trade, can be demonstrated beyond a doubt as the best system or policy for this country to adopt. This condition exists because the discus- sion of the tariff is still carried on within the realms of theory, neither party being able to demonstrate the correctness of its theory when reduced to practice. Of course, all true theo- ries must be true ...in practice in the long run, but the difficulty is that some conditions essential to the perfect working out of the theory do not exist when the principles of the theory come to be applied. This is very clearly illustrated in one of the great fundamental features of the tariff discussion. There are in this country 90, 000 operatives engaged in the manufacture of woollens; it is true, theoretically, that if woollen goods can be manufactured cheaper by English, French, Ger- man, or other operatives, than by the American, the American consumer is entitled to the benefit of such cheaper manufacture, and that the 90, 000 woollen operatives should therefore vacate their trade, and seek some other occupation, and let the manufacture of woollens take place where it can be done on the cheapest basis.
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