Unwise Laws a Consideration of the Operations of a Protective Tariff Upon Indus
Unwise Laws a Consideration of the Operations of a Protective Tariff Upon Indus
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In our eReader you can find the full English version of the book. Read Unwise Laws a Consideration of the Operations of a Protective Tariff Upon Indus 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 Unwise Laws a Consideration of the Operations of a Protective Tariff Upon Indus
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To quickly assess the difficulty of the text, read a short excerpt:
But granting Mr. Hewitt is right, and that coal and iron ore should come in free, how would the producers of these articles be affected thereby ? It will, I think, be admitted by all that our tariff raises the price of things generally — that it makes our houses cost more, our clothing cost more, our food cost more, every thing we purchase cost more ; it makes labor cost more. Now, then, our raiser of coal and our digger of iron ore finds himself under the necessity of paying more for the tools... and machinery he necessarily requires, more for his mules, more for his labor than would otherwise be the case under no tariff. In other words, his coal and his iron ore cost him more by reason of the tariff. Of course if they cost him more he must get more for his goods, in order to make a living out of his business, and he is enabled to obtain this increased 120 UNWISE LAWS.
price by reason of the tariff, which keeps out competition. At best he can make only an ordinary profit out of his business, for if he made extra profit the flow of capital into his business would be so large and so rapid the profits would soon be brought down again to the average.
What to read after Unwise Laws a Consideration of the Operations of a Protective Tariff Upon Indus?
You can find similar books in the "Read Also" column, or choose other free books by Lewis H Lewis Harvie Blair to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
But granting Mr. Hewitt is right, and that coal and iron ore should come in free, how would the producers of these articles be affected thereby ? It will, I think, be admitted by all that our tariff raises the price of things generally — that it makes our houses cost more, our clothing cost more, our food cost more, every thing we purchase cost more ; it makes labor cost more. Now, then, our raiser of coal and our digger of iron ore finds himself under the necessity of paying more for the tools... and machinery he necessarily requires, more for his mules, more for his labor than would otherwise be the case under no tariff. In other words, his coal and his iron ore cost him more by reason of the tariff. Of course if they cost him more he must get more for his goods, in order to make a living out of his business, and he is enabled to obtain this increased 120 UNWISE LAWS.
price by reason of the tariff, which keeps out competition. At best he can make only an ordinary profit out of his business, for if he made extra profit the flow of capital into his business would be so large and so rapid the profits would soon be brought down again to the average.
What to read after Unwise Laws a Consideration of the Operations of a Protective Tariff Upon Indus?
You can find similar books in the "Read Also" column, or choose other free books by Lewis H Lewis Harvie Blair to read onlineMoreLess
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