Our Empire Under Protection and Free Trade |
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Our Empire Under Protection and Free Trade (Classic Reprint) Guilford Lindsey Molesworth No preview available - 2017 |
Common terms and phrases
activity of trade adverse balance agriculture American American Civil War average price balance of trade Bradford burden of taxation Canada capital capitalist nation cent centimes Cobden Club Colonies commercial CORN LAWS REPEALED cost Cotton Crimean Crimean War dependence on foreign depression developed DIAGRAM direct taxation distress duty Empire England English exports factures fallen farthings less fiscal policy foreign producer foreign supplies France Franco Prussian War free import Free Trade Germany home pro importation of wheat incidence of taxation increased labour manu manufactures markets McKinley Act McKinley Tariff months of 1891 nine months numbers period policy of Free policy of strict preferential tariff price of bread price of wheat prosperity Protectionist countries Protective Tariff quartern loaf railways raise the price reduced retail price Royal Commission ruin shows silk Spanish Succession War steel rails sterling strict Protection tective tons United Kingdom value of wheat wages whilst woollen yard Zollverein
Popular passages
Page 48 - If the term of seven years were to be selected of the greatest prosperity which this people have enjoyed since the establishment of their present Constitution, it would be exactly that period of seven years which immediately followed the passage of the tariff of 1824.
Page 48 - In short, sir, if I were to select any term of seven years since the adoption of the present constitution which exhibited a scene of the most wide-spread dismay and desolation, it would be exactly that term of seven years which immediately preceded the establishment of the tariff
Page 23 - Economics comes to be established, it will be seen that that able but wrong-headed man, David Ricardo, shunted the car of Economic science on to a wrong line, a line, however, on which it was further urged towards confusion by his equally able and wrong-headed admirer John Stuart Mill.
Page 23 - The conclusion to which I am ever more clearly coming is that the only hope of attaining a true system of Economics is to fling aside, once and for ever, the mazy and preposterous assumptions of the Ricardian School.
Page 23 - Under our policy of free trade we have lost that commercial and industrial superiority we acquired under the policy of strict protection. Our policy of direct taxation bears heavily upon our industries and reacts on the working classes In reduction of wages and employment. Our agriculture has been ruined and our industries are struggling hard for existence.
Page 107 - I believe that if you abolish the Corn Law honestly and adopt Free Trade in its simplicity there will not be a tariff in Europe that will not be changed in less than five years to follow your example" (Speech in Manchester, January 15, 1846).
Page 108 - If the Americans be right in principle, and if they be successful in practice, the whole policy of the United Kingdom is founded on a gigantic error, and must lead to our ruin as a commercial nation.
Page 47 - In casting our eyes around us, the most prominent circumstance which fixes our attention, and challenges our deepest regret, is the general distress which pervades the whole country. It is forced upon us by numerous facts of the most incontestable character. It is indicated by the diminished exports of native produce, by the depressed and reduced state of our foreign navigation, by our diminished commerce, by successive...
Page 109 - The British Empire is still in its infancy. Grafted, it is true, on an ancient monarchy, it only dates from the occupation of Virginia by Raleigh three hundred years ago. It has grown to be the greatest empire the world has ever seen, with a territory of 9,000,000 square miles and 300,000,000 subjects of the Queen, and now only waits the statesman whose genius shall gather it into one mighty federation, animated by loyalty and dignified by freedom.
Page 48 - A few years ago, the planting interest consoled itself with its happy exemptions, but it has now reached this interest also, which experiences, though with less severity, the general suffering. It is most painful to me to attempt to sketch or to dwell on the gloom of this picture. But I have exaggerated nothing. Perfect fidelity to the original would have authorized me to have thrown on deeper and darker hues.