National Economy: A History of the American Protective System, and Its Effects Upon the Several Branches of Domestic Industry

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J.C. Derby & N.C. Miller, 1866 - Protectionism - 468 pages
 

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Page 29 - The creating in some instances a new, and securing in all a more certain and steady demand for the surplus produce of the soil.
Page 115 - It would be far nearer the truth to say, "that some were born with saddles on their backs, and others booted and spurred to ride them,"— and the riding does them good.
Page 56 - ... not only safe against occasional competitions from abroad, but a source of domestic wealth, and even of external commerce. In selecting the branches more especially entitled to the public patronage, a preference is obviously claimed by such as will relieve the United States from a dependence on foreign supplies, ever subject to casual failures, for articles necessary for the public defence, or connected with the primary wants of individuals.
Page 280 - That the several States who formed that instrument, being sovereign and independent, have the unquestionable . right to judge of its infraction, and that a nullification by these sovereignties of all unauthorized acts done under color of that instrument is the rightful remedy...
Page 106 - ... The farmer attempts to make neither the one nor the other, but employs those different artificers. All of them find it for their interest to employ their whole industry in a way in which they have some advantage over their...
Page 35 - The internal competition which takes place soon does away with every thing like monopoly, and by degrees reduces the price of the article to the minimum of a reasonable profit on the capital employed. This accords with the reason of the thing, and with experience.
Page 397 - I do not conceive we can exist long as a nation without having lodged somewhere a power, which will pervade the whole Union in as energetic a manner as the authority of the State governments extends over the several States.
Page 333 - I have heretofore declared to my fellow-citizens that, in " my judgment, it is the duty of the government to extend, as far as it may be practicable to do so, by its revenue laws, and all other means within its power, fair and just protection to all the great interests of the whole Union, embracing agriculture, manufactures, the mechanic arts, commerce and navigation.
Page 29 - It is evident that the exertions of the husbandman will be steady or fluctuating, vigorous or feeble, in proportion to the steadiness or fluctuation, adequateness or inadequateness of the markets on which he must depend, for the vent of the surplus which may be produced by his labor; and that such surplus, in the ordinary course of things, •will be greater or less in the same proportion.
Page 443 - ... being employed at all, to the immense losses which their employers voluntarily incur in bad times, in order to destroy foreign competition, and to gain and keep possession of foreign markets.

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