Suggestions As to Economical Fallacies When Applied to Wheat Production in the U
Suggestions As to Economical Fallacies When Applied to Wheat Production in the U
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As to point 6, and cheapness — It is manifest that those who can supply goods of equal quality with those which we produce, must beat us, if their wage earners receive smaller remuneration than do ours, and that if when we try to compete with them in supplying goods they impose a tax, or import duty, it is manifest that we shall be eventually handicapped under the double diflBculty, as it is ; the enormous capital we have invested in shipping, and the competition introduced thereby, has already... en- abled the foreigner to reap the advantages of competing with us by low freights on goods, and on wheat, whilst the same advantage does not accrue to us in shipping our Exports, because they meet us with duties on our goods, and if our shipowners ojffered to take out our Exports free of charge, we should again be met by a further rise in duties. A working man is more interested in getting good wages, than arc his wife and family in buying cheap goods, unless it can be shown that we can have cheapness, and good wages running neck and neck — a downright impossibility — moreover the wife and family are consumers, whose necessities are covered by the one producer who has to supply them.
What to read after Suggestions As to Economical Fallacies When Applied to Wheat Production in the U?
You can find similar books in the "Read Also" column, or choose other free books by F T Haggard to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
As to point 6, and cheapness — It is manifest that those who can supply goods of equal quality with those which we produce, must beat us, if their wage earners receive smaller remuneration than do ours, and that if when we try to compete with them in supplying goods they impose a tax, or import duty, it is manifest that we shall be eventually handicapped under the double diflBculty, as it is ; the enormous capital we have invested in shipping, and the competition introduced thereby, has already... en- abled the foreigner to reap the advantages of competing with us by low freights on goods, and on wheat, whilst the same advantage does not accrue to us in shipping our Exports, because they meet us with duties on our goods, and if our shipowners ojffered to take out our Exports free of charge, we should again be met by a further rise in duties. A working man is more interested in getting good wages, than arc his wife and family in buying cheap goods, unless it can be shown that we can have cheapness, and good wages running neck and neck — a downright impossibility — moreover the wife and family are consumers, whose necessities are covered by the one producer who has to supply them.
What to read after Suggestions As to Economical Fallacies When Applied to Wheat Production in the U?
You can find similar books in the "Read Also" column, or choose other free books by F T Haggard to read onlineMoreLess
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