Twenty Two Years of Protection September 1888
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In the period of ten years ending with 1843 there was hardly a perceptible increase in our internal trade. During that period of ten years, one grand passion inspired the Democracy, the destruction of the paramount power of the Federal Government, and with it every element of progress and prosperity. Although the "Compromise" measure of 1833 was received by English manufacturers with such satisfaction, nothing could have worked more disastrously for them ; as it destroyed our ability, even with... the rapid increase of our population and all our opportuni- ties, to keep up the ordinary volume of domestic merchandise for export.
Nothing could be so fatal to England to-day as Free Trade with the United States. With the destruction of our manufactur- ing industries, and Free Trade would destroy them, we could not take from her one-half in value of the merchandise that we now take. A nation that can in a single year produce and put upon her railroads merchandise having a value of $13, 300, 000, 000, increas- ing the amount in a single year by the sum of $1, 660, 000, 000, will have plenty of money to spare for the purchase of articles for the production of which she has neither the training, the fancy, or time ; but from which foreigners reap a good harvest, one every year becoming more and more abundant.
What to read after Twenty Two Years of Protection September 1888?
You can find similar books in the "Read Also" column, or choose other free books by Henry Varnum Poor to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In the period of ten years ending with 1843 there was hardly a perceptible increase in our internal trade. During that period of ten years, one grand passion inspired the Democracy, the destruction of the paramount power of the Federal Government, and with it every element of progress and prosperity. Although the "Compromise" measure of 1833 was received by English manufacturers with such satisfaction, nothing could have worked more disastrously for them ; as it destroyed our ability, even with... the rapid increase of our population and all our opportuni- ties, to keep up the ordinary volume of domestic merchandise for export.
Nothing could be so fatal to England to-day as Free Trade with the United States. With the destruction of our manufactur- ing industries, and Free Trade would destroy them, we could not take from her one-half in value of the merchandise that we now take. A nation that can in a single year produce and put upon her railroads merchandise having a value of $13, 300, 000, 000, increas- ing the amount in a single year by the sum of $1, 660, 000, 000, will have plenty of money to spare for the purchase of articles for the production of which she has neither the training, the fancy, or time ; but from which foreigners reap a good harvest, one every year becoming more and more abundant.
What to read after Twenty Two Years of Protection September 1888?
You can find similar books in the "Read Also" column, or choose other free books by Henry Varnum Poor to read onlineMoreLess
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