Commerce, Christianity and Civilization Versus British Free Trade: Letters in Reply to the London Times
Early in the free-trade crusade it was announced in Parliament that the smuggler was to be regarded as the great reformer of the age, and from that hour to the present all the aid in the power of that body to give him has been rendered; Gibraltar, Malta, Nova Scotia, Canada, and other possessions, having been chiefly valued for the facilities they have afforded for setting at defiance the laws of nations with which Britain has professed to be at peace. from Letter Fifth American economist HENRY CHARLES CAREY (17931879), the chief economic advisor to President Abraham Lincoln, was a proponent of free trade early in his career, but later become a staunch believer in protectionism. This series of eight letters to the London Times, all written in early 1876, constitutes a concise summation of his defense of American School capitalism, utilizing tariff protection and government intervention, over the laissez-faire British System. Rife with real examples from the world economy at the time and powered by the full force of Careys not inconsiderable personality, this is a highly readable, hugely informative brief on the battle between two schools of economic thought of the period.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
Adam Smith advantage agriculture amount Asia ask your attention believe CAREY cent century China Christian civilization close cloth Cobden Club consequence consumers consumption COSIMO BOOKS cotton countrymen cultivation domestic commerce domestic exports duties Eastern Editor effect empire enabled England English Europe exchanges exhibited fact folly and iniquity France France and Britain free trade free-trade French French Revolution growth head Hindoos hundreds of millions increase India industry infamous opium interests iron jute land less LETTER look Lord Elgin Manchester manufacture markets means minister moral nation of shopkeepers nations Nova Scotia opium trade Orissa poor population pounds present Prince Kung produce proposed prosperity protection protectionist prove provinces reference regard respectfully result revenue round numbers ruin salt shown Sir Robert Peel subjects tariff taxation taxes thousands thrice throughout tion treaty treaty of Tientsin twenty whatsoever words that follow world at large wretched laborers