FREE BOOKS

Author's List




PREV.   NEXT  
|<   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   97   >>  
d with it protection, reach their maximum. The petitioners assert that foreign labor injures national labor; this is _the error_ of the prohibitive school. They demanded that the French market should be restricted to French _labor_; this is the _end_ of the prohibitive system. They insisted that foreign labor should be subject to restriction and taxation; these are the _means_ of the prohibitive system. What difference, then, is it possible to discover between the petitioners of Bordeaux and the advocate of American restriction? One alone: the greater or less extent given to the word _labor_. The protectionist extends it to everything--so he wishes to _protect_ everything. "Labor constitutes _all_ the wealth of a people," says he; "to protect national industry, _all_ national industry, manufacturing industry, _all_ manufacturing industry, is the idea which should always be kept before the people." The petitioners saw no labor excepting that of manufacturers; so they would admit that alone to the favors of protection. They said: "Raw material is _devoid of all human labor_. For that reason we should not tax it. Fabricated articles can no longer occupy national labor. We consider them the most taxable." We are not inquiring whether protection to national labor is reasonable. The protectionist and the Bordelais agree upon this point, and we, as has been seen in the preceding chapters, differ from both. The question is to ascertain which of the two--the protectionists or the raw-materialists of Bordeaux--give its just acceptation to the word "labor." Now, upon this ground, it must be said, the protectionist is, by all odds, right; for observe the dialogue which might take place between them: The PROTECTIONIST: "You agree that national labor ought to be protected. You agree that no foreign labor can be introduced into our market without destroying therein an equal amount of our national labor. Yet you assert that there is a host of merchandise possessed of _value_ (since it sells), which is, however, free from _human labor_. And, among other things, you name wheat, corn, meats, cattle, lard, salt, iron, brass, lead, coal, wool, furs, seeds, etc. If you can prove to me that the value of these things is not due to labor, I will agree that it is useless to protect them. But, again, if I demonstrate to you that there is as much labor in a hundred dollars' worth of wool as in a hundred dollars' worth of c
PREV.   NEXT  
|<   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   97   >>  



Top keywords:

national

 

industry

 

protect

 

protectionist

 
foreign
 
protection
 

petitioners

 

prohibitive

 

dollars

 

market


things

 

people

 

assert

 

hundred

 

manufacturing

 

restriction

 

French

 
system
 

Bordeaux

 

destroying


ground
 
observe
 

dialogue

 

protected

 

acceptation

 

introduced

 

PROTECTIONIST

 
demonstrate
 

useless

 

possessed


merchandise

 
cattle
 

amount

 
occupy
 

extent

 

greater

 
discover
 
advocate
 

American

 

extends


wishes

 

wealth

 

constitutes

 

injures

 

school

 

maximum

 
demanded
 

restricted

 
difference
 

taxation