Word: xxxvi
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Dates: during 1890-1899
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...Debate in Amer. Journ. of Soc. Sci., No. XXVII (Oct. 1890); Edward Atkinson in Century, XL, 385 (July, 1890); Pol. Sci. Quar. III, 1 (March 1888); VI, 625 (Dec. 1891); Forum III, 15-28, 433-442, Extension Dept., Public Opinion, Oct. 25, 1894; Horace White in Pop. Sci. Mo. XXXVI...
...only one branch of capitalism. - (1) Trusts and monopolies will not be affected. - (b) Would not relieve the burdens of the poor. - (1) Country poor will be weighted down by increased tax. - (2) City poor will merely be assessed by the state instead of the individual: Pop. Sci. Mo. XXXVI, 489. - (c) Tax has no basis in history or in practice. - (1) When it has been tried it has failed: Century XL, 385; Seligman in Jour. Soc. Sci. No. XXVII...
Best general references: Bastiat Sophisms of Protection; Grosvenor, Does Protection Protect; Henry George, Protection or Free Trade; Mill, Principles of Pol. Econ. II, 531-510; The Nation, IX, 428 (Nov. 18, 1869), XXVIII, 161 (Mar. 6, 1879), XXIX, 338 (Nov. 20, 1879), XXXIV, 288 (Apr. 6, 1882), XXXVI, 118 (Feb. 8 1883); Sen. Carlisle, Cong. Rec, XXIII, 7, pp. 6910-5917 (July 29, 1892); Speech, Col. McClure, Sept. 26, 1892, pamphlet; Democratic Campaign Book; D. A. Wells in Forum. Sept. 1892; F. A. Walker, I. J. of Ecn., Apr. 1890; E. A. Atkinson in Pop. Sci, Monthly, XXXVII...
...shuts out what by nature is ours: Bastiat, 73-80.-(b) It raises unnatural obstacles to intercourse; Bastiat, 84-85.-(c) It can only raise prices by diminishing quantities of goods for sale: Bastiat, 7, 17.-(d) It endangers the interests it aims to promote: Nation, XXXVI. 118.-(e) It may transfer, but not increase, capital: Bastiat, 93.-(f) The doctrine of protection for revenue is inconsistent: Mill, II, 538.-(g) It is antisocial: Bastiat, 15, 127; Nation, XXXVI, 118; ibid, XXVIII...
...Protection is unsound in general practice.-(a) It makes capital and labor less efficient: Mill, Ii, 532, 539.-(b) It hurts our carrying trade: Nation, XXXVI, 118.-(c) It closes against us many of the world's best markets: Mill, II, 537; Nation, XXVIII, 161; ibid, XXXVI...