The American System: Or the Effects of High Duties on Imports Designed for the Encouragement of Domestic Industry; with Remarks on the Late Annual Treasury Report
From Nathan Hale's Press, 1828 - Počet stran: 86
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The American System: Or the Effects of High Duties on Imports Designed for ...
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able abroad additional admitted adopted advantages afford already American amount apparent attempt benefit better bounty branch Britain British burden capital carried cause cent cheap cheaper comparatively competition consequence consumer consumption cost cotton crease demand dependent depreciation diminish dollars domestic effect employed employments encouragement engaged enrich enter equal exclude experience export extent fact facture force foreign foreign trade fruits further gain greater greatest hemp higher imported increase induce industry injurious interest iron kinds labour laws less loss manu manufacture means measure millions nature navigation necessary nominal object occupations operation ourselves population portion ports present principles probably produce profitable proportion proposed protecting duties purchase question raise reason reduced rewards Secretary secured ships success sufficient supply suppose thing tion trade true wealth whole wool woollen
Strana 58 - Neither the perseverance of Holland, nor the activity of France, nor the dexterous and firm sagacity of English enterprise, ever carried this most perilous mode of hardy industry to the extent, to which it has been pushed by this recent people ; a people who are still, as it were, but in the gristle, and not yet hardened into the bone of manhood.
Strana 59 - English enterprise, ever carried this most perilous mode of hardy industry to the extent to which it has been pushed by this recent people — a people who are still, as it were, but in the gristle, and not yet hardened into the bone of manhood. When I contemplate these things...
Strana 71 - A moderate reduction of the duty would lead to an increased consumption of the article, to an extent that, in all probability, would, in the end, benefit rather than injure, the revenue. Its tendency would be to enlarge our trade in exports to China; a trade of progressive value, as our cottons and other articles of home production, (aside from specie,) are more and more entering into it. It would cause more of the trade...
Strana 58 - ... granting them an immunity from duties on the importation of the materials used in their manufactures; nay more, exempting them and their workmen from all personal or other taxes? These, with analogous illustrations, as numerous as applicable, will be forborne, as too familiar to be recapitulated. The Protecting Laws to our own tonnage, our own coasting trade, our own fisheries, still in force, and which first raised up the prostrate navigation of The United States, may supersede other references.
Strana 53 - HS to attempt the whole manufacture of hammered bar iron for ourselves, and not remain dependent on those nations for so large a quantity of an indispensable article, seeing that they take so little from us in return To "buy cheap and sell dear," is a favorite saying with certain economists— but hme buy at all unless we can sell?
Strana 20 - ... upon foreign markets than if the latter had been his sole reliance. Nor have the benefits of manufacturing industry ended here. The proof strengthens that many articles have become cheaper, more abundant, and of superior quality, by the effect of competition among the home artisans, than when derived only from abroad. The opening of new objects of tabor, by multiplying the occupations of men, has also increased the public prosperity.
Strana 4 - It is merely the instrument by which property is transferred from one person to another, and...
Strana 33 - ... produce of the industry of the country ; or if we take the Harrisburg Committee's estimate of the income of the country, less than one dollar increase, to every $500 of present income. This is on the supposition that the increased duty would be all gain, and that the increased prices would impose no additional burden on the consumer. For such an object, so comparatively insignificant, if attainable, is it worth while to hazard the...
Strana 6 - Similar effects are also produced, by the various schemes for forcing into circulation an unsound paper currency. The ultimate effects are acknowledged by all men of sense to be injurious to the public. These expedients, nevertheless, serve to produce a nominal increase of prices, both of labour and of commodities, and the nominal value of all property; but such an increase of the nominal price of labour, cannot be considered an increased reward of industry.
Strana 53 - Russia alone,supplying her with sugar, coffee, indigo, dye woods, oil, cotton, and other articles, purchased with the proceeds of our own industry, and with the bread stuffs of the middle, and the manufactures of the eastern states ? This eminently valuable trade, must be lessened, the shipping interest burdened, by a tax on hemp and iron, and all other branches of industry, by the tax on iron ; and for what good ? For no other reason than...