Preface to the Second Edition Lord Beaconsfield once remarked that Protection was not only dead but damned .T he remark seems likely to be disproved; we are threatened with a revival of the whole Free-trade controversy. The events which have contributed to this prospect are several, (i) An agitation of many years against the Continental sugarbounties has culminated in a convention by which bounty-fed sugar will be excluded from Great Britain, to the admitted loss of British consumers. (2) The heavy burden of expenditure entailed by the South African War led in 1902 to the reimposition of the Corn Duty after fifty-six years. Financial exigencies and an attempt to place taxation on a broader basis were the arguments for the measure; it was, however, interpreted by Protectionists as a recantation of Freetrade doctrine and the beginning of a new era of protection, and great was their disappointment when the tax was in the following year repealed as no longer necessary. By its supporters the incidence of this duty, yielding ;2,500,000, was variously assigned to foreign exporters, shippers, merchants, c., but was declared to have no effect on consumers. The Chancellor of the Exchequer, however, in repealing the tax, maintained that it fell upon the poorest classes. (3) An alarm in some quarters respecting the supply of food in case of war has led to the appointment of a Royal Commission to enquire into the subject.
(Typographical errors above are due to OCR software and don't occur in the book.)
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Paperback. Etat : New. Print on Demand. This book offers a comprehensive historical account of the Free Trade Movement that transformed commerce. Beginning with the origins of protectionism, the author traces the origins of trade restrictions and their economic effects before turning to the influence of Adam Smith and the decline of Mercantilism. Exploring the arguments for and against protectionism, reciprocity, and bounties, the book then examines the impact of the Free Trade Movement over fifty years. The author also assesses arguments against free trade, like reciprocity, bounties, and other protective measures before concluding with an analysis of Britain's agricultural industry and free trade. This examination of the historical development of trade policy provides a valuable resource for understanding international trade and the complex forces that have shaped it. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781330229545_0
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Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330229545
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Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330229545
Quantité disponible : 15 disponible(s)