Excerpt from Through Preference to Protection: An Examination of Mr. Chamberlain's Fiscal Proposals
T is now more than ten years since Protection put off its unsuccessful disguise of Fair Trade and made an appeal to Imperial sentiment by assuming the garments of a Zollverein or Customs Union. It was, however, not a true British Imperial Zollverein which was advocated - not a Customs Union of the German pattern, with a total abolition of internal barriers, and duties against the world outside it, but that pale shadow of a Zollverein - a scheme of preferential trading. The idea of the Preference is that each part of the Empire should remain an independent fiscal unit, and levy such duties for revenue or Protection as may seem good to it, but should relax them in part in favour of the rest of the Empire, thus taxing foreign goods on a higher scale than British goods. To a self governing Colony like Canada, with a protective tariff, it is easy, if not agreeable, to put such a scheme into operation - the machinery exists, and it is only necessary to determine the reduction to be given to Imperial products. For the United Kingdom. To favour Colonial goods at the expense of foreign goods entails an entire reversal of our fiscal policy and the abandonment of Free Trade.
We are at once confronted with the fact that Imperial reciprocity demands two strongly contrasted sacrifices. It demands of us in the mother-country that we should sacrifice Free Trade. It demands of the Protectionist Colony that it should sacrifice Protection against the chief competitor of its manufacturers, the United Kingdom.
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Paperback. Zustand: New. Print on Demand. This book meticulously examines whether the fear of imports is justified and reveals the truth about our imports. It logically considers our imports, beginning with food and liquor, then raw materials, crudely manufactured materials, manufactured materials and plant, domestic materials, luxuries, and finally miscellaneous articles. It details the sources of these imports, distinguishing between foreign and colonial supplies, and highlights the values retained for home consumption. The text also delves into how we pay for our imports, exploring the concept that imports are our gains in international trade and that trade is essentially barter. The author emphasizes that while exports are often seen as a measure of prosperity, a more accurate assessment can be made by examining imports. Ultimately, this book provides valuable insights into the nature of our imports, challenging the notion that they are harmful and instead demonstrating their crucial role in our economy and well-being. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781334474637_0
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