FREE BOOKS

Author's List




PREV.   NEXT  
|<   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   77   78   79   80   81   82   83   84   >>   >|  
y centimes upon Portugal oranges. With the help of this duty, say they, the _conditions of production_ will be equalized. The legislative body, yielding as usual to this argument, imposes a duty of ninety centimes on each foreign orange. Now I say that the _relative conditions of production_ are in no wise changed. The law can take nothing from the heat of the sun in Lisbon, nor from the severity of the frosts in Paris. Oranges continuing to mature themselves _naturally_ on the banks of the Tagus, and artificially upon those of the Seine, must continue to require for their production much more labor on the latter than the former. The law can only equalize the _conditions of sale_. It is evident that while the Portuguese sell their oranges at a franc apiece, the ninety centimes which go to pay the tax are taken from the French consumer. Now look at the whimsicality of the result. Upon each Portuguese orange, the country loses nothing; for the ninety centimes which the consumer pays to satisfy the tax, enter into the treasury. There is improper distribution, but no loss. Upon each French orange consumed, there will be about ninety centimes lost; for while the buyer very certainly loses them, the seller just as certainly does not gain them, for even according to the hypothesis, he will receive only the price of production. I will leave it to the protectionists to draw their conclusion. IV. I have laid some stress upon this distinction between the conditions of production and those of sale, which perhaps the prohibitionists may consider as paradoxical, because it leads me on to what they will consider as a still stranger paradox. This is: If you really wish to equalize the facilities of production, leave trade free. This may surprise the protectionists; but let me entreat them to listen, if it be only through curiosity, to the end of my argument. It shall not be long. I will now take it up where we left off. If we suppose for the moment, that the common and daily profits of each Frenchman amount to one franc, it will indisputably follow that to produce an orange by _direct_ labor in France, one day's work, or its equivalent, will be requisite; whilst to produce the cost of a Portuguese orange, only one-tenth of this day's labor is required; which means simply this, that the sun does at Lisbon what labor does at Paris. Now is it not evident, that if I can produce an orange, or, what is the same thing, the means of b
PREV.   NEXT  
|<   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   77   78   79   80   81   82   83   84   >>   >|  



Top keywords:

production

 

orange

 

centimes

 
ninety
 

conditions

 
Portuguese
 

produce

 

evident

 

French

 
equalize

consumer

 

Lisbon

 

argument

 

protectionists

 

oranges

 

distinction

 

surprise

 
stress
 
entreat
 
stranger

prohibitionists

 

paradox

 
paradoxical
 

listen

 

facilities

 

moment

 

equivalent

 
France
 

direct

 

follow


requisite

 

whilst

 

simply

 

required

 

indisputably

 

amount

 

curiosity

 
profits
 

Frenchman

 
common

suppose

 

artificially

 

naturally

 

Oranges

 

continuing

 

mature

 

continue

 

require

 

frosts

 

severity