Admiral Porter Classic Reprint

Author : American Academy of Political a Science
Publisher :
ISBN 13 : 9781330848333
Total Pages : 600 pages
Book Rating : 4.8/5 (483 download)

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Download or read book Annals, 1904, Vol. 23 (Classic Reprint) written by American Academy of Political a Science and published by . This book was released on 2015-07-07 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Annals, 1904, Vol. 23 In considering the effect of a protective tariff upon the export trade of the United States, I shall look at the question from a business point of view, and attempt to measure the influence of the tariff as it is developed in business relations, and shown in practical results. I shall discard all discussion of theory, and avoid all doctrinaire conclusions. I do not attach much importance to these considerations, in comparison with the actual results of a fiscal policy, as determined by experience extending over a long period of time. Neither do I believe that it is worth while to borrow trouble about the possible effects of our own tariff policy in determining that of other nations. We have heard much recently about the probabilities of a general combination among European nations, for retaliatory legislation for the exclusion of American-made products from these countries, on the ground that their own products are excluded from the United States by customs rates which are practically prohibitive in direct competition with American-made goods of the same-general character. Fear has been expressed that the United States will ultimately find the great manufacturing nations of the world united in a trade league against us. I cannot share in this apprehension. Nothing is more selfish than commerce, and no sentimental consideration of national resentment against the United States because of its protective policy, can ever bind the European nations together in such a movement, and can never induce the individual traders of any one of these nations to consent to such a movement. Men will buy and sell wherever they can turn a profit thereby. For such trade as is possible with the United States, there will always be the most intense competition, not only among the nations, but among the individual manufacturers and merchants of each nation; and always with the expectation that the time will eventually come, as it undoubtedly will, when the American tariff barriers will be lowered, and the nation and the individual who already occupy some of the field, will be in the best position to take advantage of the larger opportunity to follow. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.