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adopted advance advantage agricultural American amount average became become bill Britain British brought capital carried causes cent century cities classes close cloth Cobden commerce competing competition condition considerable continued cost cotton domestic duties economic effect employed employment England English established Europe existence exports extent fact factories farm farmers favor foreign foreign trade France free trade Germany give given growth hands imports improvement income increased industries interests iron Italy Kingdom labor land less machinery manufactures means mills natural nearly paid period population pounds practically present principles production profits progress prosperity protection question raw materials reduced result Russia says ships silk skill steel sugar supply taken tariff tion tons United vast wages wares wealth week whole wool woolen
Page 644 - ... imposes duties or other exactions upon the agricultural or other products of the United States, which in view of the free introduction of such sugar, molasses, coffee, tea and hides into the United States he may deem to be reciprocally unequal and unreasonable, he shall have the power and it shall be his duty...
Page 614 - That, while providing revenue for the support of the General Government by duties upon imports, sound policy requires such an adjustment of these imposts as to encourage the development of the industrial interests of the whole country; and we commend that policy of National exchanges which secures to the workingmen liberal wages, to agriculture remunerative prices, to mechanics and manufacturers an adequate reward for their skill, labor, and enterprise, and to the nation commercial prosperity and...
Page 419 - To him that hath shall be given ; and from him that hath not shall be taken away even that which he hath.
Page 568 - Whereas, it is necessary for the support of the Government, for the discharge of the debts of the United States, and the encouragement and protection of manufactures, that duties be laid on goods, wares, and merchandise imported.
Page 791 - I happened to read for amusement ' Malthus on Population,' and being well prepared to appreciate the struggle for existence which everywhere goes on from long-continued observation of the habits of animals and plants, it at once struck me that under these circumstances favourable variations would tend to be preserved, and unfavourable ones to be destroyed. The result of this would be the formation of new species.
Page 818 - A capital, therefore, employed in the home trade will sometimes make twelve operations, or be sent out and returned twelve times, before a capital employed in the foreign trade of consumption has made one. If the capitals are equal, therefore, the one will give four-and-twenty times more encouragement and support to the industry of the country than the other.
Page 179 - I care not what may be the position of a man who never originates an idea — a watcher of the atmosphere, a man who, as he says, takes his observations, and when he finds the wind in a certain quarter, trims to suit it.
Page 817 - The capital which is employed in purchasing in one part of the country in order to sell in another the produce of the industry of that country, generally replaces by every such operation two distinct capitals that had both been employed in the agriculture or manufactures of that country, and thereby enables them to continue that employment.
Page 586 - ... authority having thus entirely passed from the States, the right to exercise it for the purpose of protection does not exist in them; and, consequently, if it be not possessed by the General Government, it must be extinct. Our political system would thus present the anomaly of a people stripped of the right to foster their own industry, and to counteract the most selfish and destructive policy which might be adopted by foreign nations.
Page 572 - But there is no subject that can enter with greater force and merit into the deliberations of Congress than a consideration of the means to preserve and promote the manufactures which have sprung into existence and attained an unparalleled maturity throughout the United States during the period of the European wars. This source of national independence and wealth I anxiously recommend, therefore, to the prompt and constant guardianship of Congress.