The Case Against Protection
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In our eReader you can find the full English version of the book. Read The Case Against Protection Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Case Against Protection
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The Minister of Finance is free to extend at will the categoi-y of "articles which serve industrial uses "' and which pay only 5 per cent. Duty. It is astonishing how elastic is the term "raw material " regarded from a liberal stand- point ! Glancing at food categories, it is interesting to note the result of the reduction of the surtax on sugar. The average annual consumption in the years 1898-1902 was 26 million kilos. ; during the period 1903-7 it rose to 77 million kilos.
The law of 1895, t...hough "hybrid" in character, made some important reductions, one or two of which are worth remark. Tin- duties on cotton thread were lowfi'ed 50 per cent, amid loud cries of impending ruin ECONOMIC 37 from Belgian spinners. As a matter of fact, the indus- try has progressively developed with the successive lowering of duties, and, since 1895, exports have in- creased in greater ratio than imports.
Pig iron was similarly relieved to the extent of 60 per cent. , and Belgian ironmasters uttered grave, if somewhat wild, predictions.
What to read after The Case Against Protection?
You can find similar books in the "Read Also" column, or choose other free books by E Cozens Cooke to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The Minister of Finance is free to extend at will the categoi-y of "articles which serve industrial uses "' and which pay only 5 per cent. Duty. It is astonishing how elastic is the term "raw material " regarded from a liberal stand- point ! Glancing at food categories, it is interesting to note the result of the reduction of the surtax on sugar. The average annual consumption in the years 1898-1902 was 26 million kilos. ; during the period 1903-7 it rose to 77 million kilos.
The law of 1895, t...hough "hybrid" in character, made some important reductions, one or two of which are worth remark. Tin- duties on cotton thread were lowfi'ed 50 per cent, amid loud cries of impending ruin ECONOMIC 37 from Belgian spinners. As a matter of fact, the indus- try has progressively developed with the successive lowering of duties, and, since 1895, exports have in- creased in greater ratio than imports.
Pig iron was similarly relieved to the extent of 60 per cent. , and Belgian ironmasters uttered grave, if somewhat wild, predictions.
What to read after The Case Against Protection?
You can find similar books in the "Read Also" column, or choose other free books by E Cozens Cooke to read onlineMoreLess
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