Word: free
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Dates: during 1880-1889
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...reform should begin by correcting this wrong. If this were done there would be no protection left and no trouble-some surplus. The proposed revision of the tariff would not reduce the revenue in the least. All articles which do not compete with our manufactures are already on the free list, and no reduction could possibly come from this source. The true nature of protection is shown by the threat made by every protected industry to smash the whole system if the duties on its products are reduced. Here is no thought of patriotism, or of the condition...
...world than could have been done under any other policy; (c) a protective tariff secures a nation's markets for its own products and so develops diversified industries which promote the general welfare.- Ellis H. Roberts, New Princeton Review, May, 1887; Stebbins, Amer. Protectionist Manual, ch. 3; Fawcett's Free Trade and Protection...
Best short references.- Cairnes, Leading Principles, pp. 406 7; Fawcett's Free Trade and Protection...
...civilizing benefits of diversity of industry are not due to protection.- Cairnes Leading Principles, bk. III., ch. IV., and 7; Fawcett's Free Trade and Protection...
...national independence fostered by protection is good only in case of war. It is better to prevent war altogether by establishing a large free international trade.- D. A. Wells in Atlantic Monthly, vol. 36, p. 216. (b) Free trade in the end gains a better and greater independence by forcing our people to the greatest energy of their intellectual powers, instead of rendering them indolent by unwise assistance.- Cairnes...