National Economy: a History of the American Protective System: And Its Effects Upon the Several Branches of Domestic Industry

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N. C. Miller, 1864 - Protectionism - 468 pages

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Page 106 - ... and to purchase with a part of its produce, or what is the same thing, with the price of a part of it, whatever else they have occasion for. What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom.
Page 280 - But who shall decide this question of interference? To whom lies the last appeal? This, sir, the constitution itself decides also, by declaring, "that the judicial power shall extend to all cases arising under the constitution and laws of the United States.
Page 280 - In pursuance of these clear and express provisions, Congress established, at its very first session in the judicial act, a mode for carrying them into full effect, and for bringing all questions of constitutional power to the final decision of the supreme court. It then, sir, became a government; it then had the means of self-protection, and, but for this, it would in all probability have been now among things which are past.
Page 443 - ... the most wealthy capitalists to overwhelm all foreign competition in times of great depression, and thus to clear the way for the whole trade to step in when prices revive, and to carry on a great business before foreign capital can again accumulate to such an extent as to be able to establish a competition in prices with any chance of success.
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 148 - It is to be found in the fact that, during almost the whole existence of this government, we have shaped our industry, our navigation, and our commerce, in reference to an extraordinary war in Europe, and to foreign markets, which no longer exist...
Page 35 - Though it were true, that the immediate and certain effect of regulations controlling the competition of foreign with domestic fabrics was an increase of price, it is universally true, that the contrary is the ultimate effect with every successful manufacture.
Page 399 - to define and punish offenses against the law of nations...
Page 148 - ... universal complaint of the want of employment, and a consequent reduction of the wages of labor ; by the ravenous pursuit after public situations, not for the sake of their...
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.

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