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The North American Review, Vol. 150




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Stand:2015-08-04 03:50:33

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Excerpt from The North American Review, Vol. 150: Re-Established by Allen Thorndike Rich He visited Great Britain, made what he considered to be an inspection of the employments, wages, and condition of the people, and reported the result to his countrymen, while they were warm with the animation of the national contest, under the doleful titles of "Free-Trade Toilers" and "Starvation Wages for Men and Women." He was good enough to forward to me a copy of his most interesting tract, and he did me the further honor to address to me a letter covering the pamphlet. He challenged an expression of my opinion on the results of free trade in England and on "the relative value of free trade and protection to the English-speaking people." There was an evident title thus to call upon me, because I had, many years since, given utterance to an opinion then and now sincerely entertained. I thought, and each of the rolling years teaches me more and more fixedly to think, that in international transactions the British nation for the present enjoys a commercial primacy; that no country in the world shows any capacity to wrest it from us, except it be America; that, if America shall frankly adopt and steadily maintain a system of free trade, she will by degrees, perhaps not slow degrees, outstrip us in the race, and will probably take the place which at present belongs to us; but that she will not injure us by the operation. On the contrary, she will do us good. Her freedom of trade will add to our present commerce and our present wealth, so that we shall be better than we now are. But while we obtain this increment, she will obtain another increment, so much larger than ours that it will both cover the minus quantity which, as compared with us, she at present exhibits in international transactions, and also establish a positive excess, possibly a large excess, in her own favor. It would have been impertinent in me, and on other grounds impolitic, to accept the invitation of Mr. McKay while the Presidential contest was yet pending. But all the agencies in that great election have now done their work, and protection has obtained her victory. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


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