FREE BOOKS

Author's List




PREV.   NEXT  
|<   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72  
73   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   97   >>   >|  
us spend two or three millions in railways, and we will reduce it one-half. Evidently the result of such a course will be to get the Canadian article at New York for thirty-five dollars, viz.: 20 dollars--price at Montreal. 10 " duty. 5 " transportation by railway. -- 35 dollars--total, or market price at New York. Could we not have attained the same end by lowering the tariff to five dollars? We would then have-- 20 dollars--price at Montreal. 5 " duty. 10 " transportation on the common road. -- 35 dollars--total, or market price at New York. And this arrangement would have saved us the $2,000,000 spent upon the railway, besides the expense saved in custom-house surveillance, which would of course diminish in proportion as the temptation to smuggling would become less. But it is answered: The duty is necessary to protect New York industry. So be it; but do not then destroy the effect of it by your railway. For if you persist in your determination to keep the Canadian article on a par with the New York one at forty dollars, you must raise the duty to fifteen dollars, in order to have:-- 20 dollars--price at Montreal. 15 " protective duty. 5 " transportation by railway. -- 40 dollars--total, at equalized prices. And I now ask, of what benefit, under these circumstances, is the railway? Frankly, is it not humiliating to the nineteenth century, that it should be destined to transmit to future ages the example of such puerilities seriously and gravely practised? To be the dupe of another, is bad enough; but to employ all the forms and ceremonies of representation in order to cheat oneself--to doubly cheat oneself, and that too in a mere numerical account--truly this is calculated to lower a little the pride of this _enlightened age_. CHAPTER X. RECIPROCITY. We have just seen that all which renders transportation difficult, acts in the same manner as protection; or, if the expression be preferred, that protection tends towards the same result as all obstacles to transportation. A tariff may be truly spoken of as a swamp, a rut, a steep hill; in a word, an _obstacle_, whose effect is to augment the difference between the price of consumption and that of production. It is equally incontestable that a swamp, a bog, &c., are veritable protective tariffs. There are people (few in number, it i
PREV.   NEXT  
|<   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72  
73   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   97   >>   >|  



Top keywords:
dollars
 

transportation

 

railway

 

Montreal

 

protection

 

tariff

 
oneself
 

effect

 

protective

 

Canadian


article

 

result

 

market

 

CHAPTER

 
enlightened
 

practised

 

puerilities

 

ceremonies

 

gravely

 

representation


calculated
 

doubly

 

employ

 
numerical
 
RECIPROCITY
 

account

 

production

 

equally

 

consumption

 

augment


difference

 

incontestable

 

number

 

people

 

veritable

 

tariffs

 

obstacle

 
expression
 

preferred

 

manner


renders

 

difficult

 
obstacles
 
spoken
 

expense

 

custom

 
arrangement
 

surveillance

 
diminish
 

answered