Wealth-creationCassell, Petter, Galpin & Company, 1883 - 308 pages |
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Page xliii
Augustus Mongredien. CONTENTS . CHAPTER XIV . Excess of Imports mostly a Sign of Wealth - Imports and Ex- ports ( except those for Loans or Repayments ) Balance each Other Protection Discourages Native Industry CHAPTER XV . Import Duties ...
Augustus Mongredien. CONTENTS . CHAPTER XIV . Excess of Imports mostly a Sign of Wealth - Imports and Ex- ports ( except those for Loans or Repayments ) Balance each Other Protection Discourages Native Industry CHAPTER XV . Import Duties ...
Page 20
... import duties , pro- hibitions , & c . , enacted for the purpose of raising the cost or prohibiting the admission of cheap goods from foreign countries . Vainly indeed does the division of labour diminish the cost of production as long ...
... import duties , pro- hibitions , & c . , enacted for the purpose of raising the cost or prohibiting the admission of cheap goods from foreign countries . Vainly indeed does the division of labour diminish the cost of production as long ...
Page 24
... import duty requisite to prevent imports from abroad of the article in question , and to give a monopoly of it to ... duties reach 100 per cent . and more . ( d ) This artificial dearness of even the single article in question banefully ...
... import duty requisite to prevent imports from abroad of the article in question , and to give a monopoly of it to ... duties reach 100 per cent . and more . ( d ) This artificial dearness of even the single article in question banefully ...
Page 25
... import duties are imposed for other than revenue purposes , whether those duties be prohibitory , or protective , or incidentally pro- tective , such duties afford a fair measure of the extra price which the consumers pay for those ...
... import duties are imposed for other than revenue purposes , whether those duties be prohibitory , or protective , or incidentally pro- tective , such duties afford a fair measure of the extra price which the consumers pay for those ...
Page 26
... import duties would be requisite to keep foreign goods away . But taking at 40 per cent . the average duties necessary to effect that purpose , it clearly follows that the native pro- ducers must expend 140 coins ' worth of labour , & c ...
... import duties would be requisite to keep foreign goods away . But taking at 40 per cent . the average duties necessary to effect that purpose , it clearly follows that the native pro- ducers must expend 140 coins ' worth of labour , & c ...
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Common terms and phrases
abundance adopted advantages American amount annual army AUGUSTUS MONGREDIEN balance of trade barter become benefit capital and labour capitalists cause cent CHAPTER cheap civilisation commercial isolation commodities competition cost Council created creation of wealth debt demand for labour distribution division of labour duction earnings England Europe European evil exist expenditure expense exports extent extinc foreign Free Trade glut habitable zone human exertions ignorance import duties improvement increased influence instance interest labour and capital labour-sellers land latter less loss man's mankind manufacturing means ment millions moral nations native industry natural necessity objects obtained or produced paid persons population possible poverty present principle production of wealth profits promote proportion prosperity Protectionism Protectionist protective system purpose result sumers supply Tamboff tariff territorial army tion truth United unproductive consumers utilised wages war-system wars waste wealth-creation
Popular passages
Page 106 - Europe of £132,000,000 now spent on war preparations in time of peace. 150,000,000 which 3,000,000 of men would earn, who now earn nothing. 10,000,000 which 500,000 horses would earn, which now earn nothing. £292,000,000 Truly an enormous sum ! It is equivalent to a COST OF WAR IN TIME OF PEACE.
Page 253 - It is a fact that there is a limit to the supply of land — it is a fact that the world's population is fast increasing and therefore using up that supply — and it is a fact that, as the demand becomes greater while the supply remains the same, a proportionate rise in value must ensue. Reason how we may, and infer what we may, those facts have to be confronted. Is it wise to adjourn the consideration of the pinch till the pinch itself shall...
Page xl - flattering unction to our souls" that we have finally and completely solved the great problem of popular government. It is still, to use the words of Lincoln, "an unfinished task...
Page xxii - No question as to foreign competition arises with respect to the branch of cur merchant marine which is employed in the coastwise, or home trade, as under our laws this trade has, from the organization of the government, been confined exclusively to vessels built in, and owned by, citizens of the United States. But, notwithstanding the enormous growth of the internal commerce of the United States, the tonnage of that branch of our merchant marine which is...
Page xxxix - That fact must not be forgotten for a moment : but, on the other hand, it must not be forgotten that this admiration, this enthusiasm, is not given to the work of art.
Page 300 - Commission; and, with the funds received by said Commission from any source whatever not otherwise applicable to specific uses and purposes, to incur and pay all indebtedness rendered...
Page 187 - On the other side Mongredien (Pleas for Protection Examined)'-. ' Import duties on foreign goods fall on the consumers of the importing country and are paid by them.' Sydney Buxton (ABC of Free Trade) : ' Duties on goods are paid for by the people who consume those goods, and not by the people who produce them.
Page 183 - ... country consists of the aggregate operations of individual traders, which are always equal, co-ordinate and self-balancing, and which necessitate to a mathematical certainty (excepting bad debts) an import to every export, and vice versd.
Page 15 - A hive of men, harmoniously co-operating, can, without overstrain, produce indefinitely more than their joint requirements ; whereas, all the efforts of a solitary individual can scarcely supply his most pressing wants.
Page 115 - The less there is produced, the less there is to distribute. Need we say which class it is that will run short ? It is on you, labour-sellers of the world ! that the burden chiefly falls. It is you who are the slayers and the slain. You form the rank and file who deal the blows and on whom the blows are dealt. To your chiefs belong the honour and the rewards.