FREE BOOKS

Author's List




PREV.   NEXT  
|<   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   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   >>   >|  
ays them in more disadvantageous conditions for production, than the country which is free from them, is a Sophism. We pay, it is true, so many millions for the administration of justice, and the maintenance of order, but we have justice and order; we have the security which they give, the time which they save for us; and it is most probable that production is neither more easy nor more active among nations, where (if there be such) each individual takes the administration of justice into his own hands. We pay, I grant, many millions for roads, bridges, ports, steamships; but we have these steamships, these ports, bridges, and roads; and unless we maintain that it is a losing business to establish them, we cannot say that they place us in a position inferior to that of nations who have, it is true, no budget of public works, but who likewise have no public works. And here we see why (even while we accuse taxes of being a cause of industrial inferiority) we direct our tariffs precisely against those nations which are the most taxed. It is because these taxes, well used, far from injuring, have ameliorated the _conditions of production_ to these nations. Thus we again arrive at the conclusion that the protectionist Sophisms not only wander from, but are the contrary--the very antithesis--of truth. As to unproductive taxes, suppress them if you can; but surely it is a most singular idea to suppose, that their evil effect is to be neutralized by the addition of individual taxes to public taxes. Many thanks for the compensation! The State, you say, has taxed us too much; surely this is no reason that we should tax each other! A protective duty is a tax directed against foreign produce, but which returns, let us keep in mind, upon the national consumer. Is it not then a singular argument to say to him, "Because the taxes are heavy, we will raise prices higher for you; and because the State takes a part of your revenue, we will give another portion of it to benefit a monopoly?" But let us examine more closely this Sophism so accredited among our legislators; although, strange to say, it is precisely those who keep up the unproductive taxes (according to our present hypothesis) who attribute to them afterwards our supposed inferiority, and seek to re-establish the equilibrium by further taxes and new clogs. It appears to me to be evident that protection, without any change in its nature and effects, might have taken th
PREV.   NEXT  
|<   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   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   >>   >|  



Top keywords:
nations
 

production

 

public

 

justice

 

establish

 

individual

 
steamships
 

bridges

 

conditions

 

unproductive


Sophism

 

administration

 

millions

 

inferiority

 
surely
 

precisely

 

singular

 

compensation

 

argument

 

Because


directed
 

protective

 

reason

 
foreign
 
national
 

consumer

 

produce

 

returns

 

appears

 

equilibrium


supposed

 

evident

 

protection

 

effects

 

nature

 

change

 

attribute

 
portion
 

benefit

 

monopoly


revenue

 

prices

 
higher
 
examine
 

present

 

hypothesis

 
strange
 

closely

 
accredited
 

legislators