Protection to Young Industries As Applied in the United States: a Study in ...
Protection to Young Industries As Applied in the United States: a Study in ...
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6).
Digitized by Google INDUSTRIAL HISTORY, 1789— 1838. 27 The second effect of the change that followed the financial crisis of 1819, was the strong pro- tective^ movement which exercised so impor- tant an influence on the political history of the next generation. The diminution of the foreign demand, and the fall in the prices of staple products, naturally gave rise to a cry for a home market. The absence of reciprocity and the restrictive regulations of England, especially in face of the com...paratively liberal import duties of this country, furnished an effective argument to the friends of protection. Most effective, how- ever, was the argument for protection to young industries, which was urged with persistency during the next ten or fifteen years. It is not necessary here to refer more at length to the character and history of the early protective movement. Its effect on legislation was not merely to maintain the protective provisions of the tariff* of 1816, but much to extend the protec- tive element in tariff" legislation.
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To quickly assess the difficulty of the text, read a short excerpt:
6).
Digitized by Google INDUSTRIAL HISTORY, 1789— 1838. 27 The second effect of the change that followed the financial crisis of 1819, was the strong pro- tective^ movement which exercised so impor- tant an influence on the political history of the next generation. The diminution of the foreign demand, and the fall in the prices of staple products, naturally gave rise to a cry for a home market. The absence of reciprocity and the restrictive regulations of England, especially in face of the com...paratively liberal import duties of this country, furnished an effective argument to the friends of protection. Most effective, how- ever, was the argument for protection to young industries, which was urged with persistency during the next ten or fifteen years. It is not necessary here to refer more at length to the character and history of the early protective movement. Its effect on legislation was not merely to maintain the protective provisions of the tariff* of 1816, but much to extend the protec- tive element in tariff" legislation.
What to read after Protection to Young Industries As Applied in the United States: a Study in ...?
You can find similar books in the "Read Also" column, or choose other free books by F W Frank William Taussig to read onlineMoreLess
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