Names of members:- rules of the club:- and list of questions discussed, Volume 3 |
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abstract Adam Smith advantages April avait Bart bound to say capital centenary CHARLES classes Cobden Coins Coll College commerce Committee COURTNEY d'Adam December dinner doctrines duties EARL économique economists edition EDWIN CHADWICK Elected England farmer favour foreign France Free Trade freedom French G. C. LEWIS generalisations GEORGE Glasgow Government HENRY HENRY THRING Honorary Members honour human important industry influence interest J. L. MALLET JOHN July June l'économie politique labour Law of Settlement legislation Léon Say Leslie London mankind Meeting Merchants mind Minister Money opinion Oxford Pitt Political Economy Club present principles of Political production Protection QUESTIONS DISCUSSED reasoning regard regulations Resigned restrictions revenue Ricardo ROBERT GIFFEN rule Society tariff teaching tenant things tion TORRENS Treasurer treaty true truth Volume W. E. FORSTER W. E. GLADSTONE W. R. GREG Wealth of Nations WILLIAM NEWMARCH
Popular passages
Page 115 - System may be traced to the erroneous supposition that every importation of foreign commodities occasions a diminution or discouragement of our own productions to the same extent: whereas it may be clearly shown that although the particular description of production which could not stand against unrestrained foreign competition would be discouraged, yet as no Importation could be continued for any length of time without a corresponding...
Page 118 - Petitioners cannot expect so important a branch of it as the Customs to be given up, nor to be materially diminished, unless some substitute less objectionable be suggested.
Page 116 - ... against foreign competition is set up as a ground of claim by other branches for similar protection; so that if the reasoning upon which these restrictive or prohibitory regulations are founded were followed out consistently, it would not stop short of excluding us from all foreign commerce whatsoever...
Page 116 - System is of the more importance at the present juncture, inasmuch as, in several instances of recent occurrence, the merchants and manufacturers in foreign States have assailed their respective governments with applications for further protective or prohibitory duties and regulations, urging the example and authority of this country, against which they are almost exclusively directed, as a sanction for the policy of such measures. And certainly...
Page 114 - Eestraint is calculated to give the utmost extension to Foreign Trade, and the best direction to the Capital and Industry of the country.
Page 115 - That of the numerous protective and prohibitory duties of our commercial code, it may be proved, that while all operate as a very heavy tax on the community at large, very few are of any ultimate benefit to the classes in whose favour they were originally instituted, and none to the extent of the loss occasioned by them to other classes.
Page 137 - It makes entire abstraction of every other human passion or motive, except those which may be regarded as perpetually antagonizing principles to the desire of wealth, namely, aversion to labor, and desire of the present enjoyment of costly indulgences.
Page 70 - A country cannot be expected to renounce the power of taxing foreigners, unless foreigners will in return practise towards itself the same forbearance. The only mode in which a country can save itself from being a loser by the revenue duties imposed by other countries on its commodities, is to impose corresponding revenue duties on theirs.
Page 123 - ... to inquire into the nature and principles of trade in all its branches, and to communicate their knowledge on that subject to each other.
Page 114 - That the maxim of buying in the cheapest market, and selling in the dearest, which regulates every merchant in his individual dealings, is strictly applicable as the best rule for the trade of the whole nation.