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Parent Issue
Day
1
Month
January
Year
1890
Copyright
Public Domain
OCR Text

Jjistcning to the denunciations of the poüey of protection to home industrie?, so perslstently employed by Free-Trade advocates, the unposted voter might readily infer tbat Protection wis a mere experiment, unsanctioned by practical statesmen of other coun tries, and witliout warrant in the experlence of nations older than ours. me lact is, England enforced the most riftid Trotection legislation known to history during a period of four hundred ycars, and cbanged lier polfcy but forty yeart ago, when, confronted with the fact tbat there were more people on her little Island tlian could be fed from ts producís, she believed herself strong enough to compel other nations to adopt a policy which would make her the workshop of the world. Ia urging this step Cobden promised that in twenty years all the leading nations of the world would adopt a simi'ar reverme policy; but, despite the efforts to that end of emissaries who have persistently worked in colleges, in commerce and through the press, England Is to day seemlngly as far from the fulfillment of her atnbition to díctate the tariffs of other nations as she was forty years ago. All the other leading governments of the world adliere to Protection of the Industries of tlieir people, some of thein (notably Germany) adding largely to their import duties in recent yenrs. While the overwhelming majority of statesmen throughout the world are thus vindicating the wisdom of Protection by engrafting it into the laws of their governments, it is fashionable for theorists witliout knowledge of government beyoi)d that acqnired in lecturing a class of undergraduate?, and with business expeilcnoi' limitcd to receipting for salaries and paying for living expenses, to descant npon the benelicence of unrestricted competition between thepeoplesof all nationp, liowevcr divergent their conditions. Which are likely to prove tlie best judges of a sound national policy?

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Subjects
Old News
Ann Arbor Courier