The Historical Register of the United States volume 01
The Historical Register of the United States volume 01
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In our eReader you can find the full English version of the book. Read The Historical Register of the United States volume 01 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 Historical Register of the United States volume 01
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It is not believed that this is now the case, and it is very improbable that during the war this should be the case, with respect to any species of for eign merchandise whatever. Coffee, which is the most abund ant article, pays a duty of ten cents a pound. The price for ex portation, in which case no duty is paid, is about six cents ; and the price for home consumption is at least sixteen cents. Indeed it is evident that a reduction of duties will be of no use to the pri vateers, unless the me...rchandise continues to be sold at the same price, as if the duties had not been reduced. In order to render the reduction beneficial to the captors of prize goods, the con sumers must still pay the same price as heretofore ; the only difference being, that the duty still thus levied upon them would VOL. I. M 74, HISTORICAL REGISTER. [CHAP. N.
be paid to the captors, instead of being paid into the treasury. " " All common regular occupations, " continues the secretary, in another part of his letter, "will generally find their own level ; and, if left to themselves, the capital and labour employed on each will regulate themselves so as to leave a moderate but ade quate profit to the persons respectively engaged in each branch.
What to read after The Historical Register of the United States volume 01?
You can find similar books in the "Read Also" column, or choose other free books by Thomas H Palmer to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
It is not believed that this is now the case, and it is very improbable that during the war this should be the case, with respect to any species of for eign merchandise whatever. Coffee, which is the most abund ant article, pays a duty of ten cents a pound. The price for ex portation, in which case no duty is paid, is about six cents ; and the price for home consumption is at least sixteen cents. Indeed it is evident that a reduction of duties will be of no use to the pri vateers, unless the me...rchandise continues to be sold at the same price, as if the duties had not been reduced. In order to render the reduction beneficial to the captors of prize goods, the con sumers must still pay the same price as heretofore ; the only difference being, that the duty still thus levied upon them would VOL. I. M 74, HISTORICAL REGISTER. [CHAP. N.
be paid to the captors, instead of being paid into the treasury. " " All common regular occupations, " continues the secretary, in another part of his letter, "will generally find their own level ; and, if left to themselves, the capital and labour employed on each will regulate themselves so as to leave a moderate but ade quate profit to the persons respectively engaged in each branch.
What to read after The Historical Register of the United States volume 01?
You can find similar books in the "Read Also" column, or choose other free books by Thomas H Palmer to read onlineMoreLess
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