Excerpt from Which Is Best for the Farmers, Protection or Free Trade?: An Address Before the Agricultural Society of Lancaster County, Delivered at Lancaster City, Pa;, February 7, 1887 Mr. President and Gentlemen: - It is always unfortunate when any question relating to political economy is introduced into politics, and doubly unfortunate when such a question as Protection or Free Trade is introduced. It is discussed often by men who know nothing about it, simply because it has been incorporated into the party platform, ...
Excerpt from Which Is Best for the Farmers, Protection or Free Trade?: An Address Before the Agricultural Society of Lancaster County, Delivered at Lancaster City, Pa;, February 7, 1887 Mr. President and Gentlemen: - It is always unfortunate when any question relating to political economy is introduced into politics, and doubly unfortunate when such a question as Protection or Free Trade is introduced. It is discussed often by men who know nothing about it, simply because it has been incorporated into the party platform, and opposed by men equally ignorant, because it has been condemned by the other party. Protection is either right or wrong; is a benefit or else an injury; and it should be examined and considered calmly and dispassionately as to whether it promotes or retards the prosperity and welfare of the country. The examination should be a practical one, and not from a theoretical standpoint. Many things are very beautiful in theory, but when applied practically, under new or different conditions, are perfect failures. You might as well prescribe the same bill of fare for all mankind as to attempt to apply the same theory in political economy to all nations. What may be good for England, with her redundant population and her peculiar climate and soil, may not be suited to the people of the United States, with our sparse population, our great abundance of land, and genial climate. Hence the theory that works in one country may not work iu another. Therefore the statesman should look at it from a practical, rather than a theoretical, standpoint. Outside of Switzerland no civilized country in the world has ever adopted Free Trade. England has not now, and never has had, Free Trade; she has a tariff for revenue only; and next to the United States raises more revenue from her tariff system than any nation in the world. Free Trade is unrestricted commerce. A tariff for revenue conflicts with the fundamental principles of Free Trade as much as a tariff for Protection. At the Farmers' National Congress, held at the City of Washington on the 11th of January, 1887, Col. Beverly, of Virginia, the president of the body, in his address delivered at the opening, uses this language: " The tremendous power of associated capital seeks to wrest from us (the farmers) an undue share of the fruits of our toil, under the delusive pretext of indirect taxation. Taxed as a class, directly or indirectly, out of all proportion to our equitable share of the'necessary public expenses," etc. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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