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Protection Of Free Trade

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The conclusions thus reached raise the doctrine of free trade from the emas culated form in which it has been taught by the English economists to the fullness in which it was held by the predecessors of Adam Smith, those illustrious French men, with whom originated the motto Laissez faire, and who, whatever may have been the confusions of their terminology or the faults of their method, grasped a central truth which free traders since their time have ignored. My effort, in short, has been to make such a candid and thorough examination of the tariff question, in all its phases, as would aid men to whom the subject is now a perplexing maze to reach clear and firm conclusions. In this I trust I have done something to inspire a movement now faint-hearted with the earnestness and strength of radical conviction, to prevent the division into hostile camps of those whom a common purpose ought to unite, to give to efforts for the emancipation of labor greater definiteness ofpurpose, and to eradicate that belief in the opposition of national interests which leads peoples, even of the same blood and tongue, to regard each other as natural antagonists.

Keywords

Free Trade Tariffs Economy tariffs for revenue tariffs for protection home market home trade exports and imports

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