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Updated: September 24, 2025
But the Democrats could not heartily unite in the support of such a lifelong and bitter opponent of their party. Some supported a third ticket, while many others did not vote at all. Mr. Greeley, too, an ardent protectionist, was not popular with the influential free-trade element among the Liberals themselves. The election resulted in a sweeping victory for the republican ticket.
"Yes; he wanted to get up a Free-trade dinner for the welcoming" here she smiled "of one whom he says all Dorset will be delighted to welcome your Uncle Brian. Worthy Duke! It is his hobby, and one likes to indulge him in it." "Most certainly. And where is the dinner Uncle Brian's grand dinner to take place?"
He also took that occasion to insist upon an explanatory article concerning a clause in Wayne's treaty with the Indians, by which they had agreed to allow no trader to reside among them, unless licensed by the authorities of the United States; for it seemed to be in contradiction with the provisions of the treaty under consideration, a mutual free-trade with the Indian tribes being guarantied thereby.
"Next, 'The Free-Trade Bazaar' excited universal interest, and was held in Covent Garden Theatre, in the year 1845, when tens of thousands went to see and purchase the beautiful commodities displayed. "And last of all was the Exhibition held a year ago in Paris, which exceeded all that had ever been attempted.
No matter how thoroughly a reform may have been discussed, negro emancipation or free-trade, for instance, it is a step in the dark at last, and the detailed results never turn out to be precisely according to the programme.
The days of Hong merchants and monopoly are at an end; and the benefits derived from Free-trade will shortly convince all but those connected with the late Hongs, that the changes recently effected in the relations of the Celestial Empire with other countries, are not deserving of the abuse that has been so abundantly lavished on them.
We may, no doubt, in the future hear arguments of how protection will revive industry and increase employment, as we have heard them in the past; but there is one argument which I should think it unlikely would be effectively used against us in the future, and that is that a free-trade system cannot produce revenue, because one of the criticisms which is emphatically directed against this Budget is on account of that very expansiveness of revenue which it was lately declared a free-trade system never could produce.
In the section headed "Efforts of England to extend her Manufactures," we have some curious and instructive history, and we specially commend this part of the work to those who have been accustomed to lend a willing ear to British talk on the subjects of protection and free-trade. Mr.
The argument that a tariff wall is necessary to maintain our generally higher standard of wages and living is pure fallacy, as, indeed, can be seen in the fact that wages in free-trade England are higher than in protectionist Germany. The only legitimate economic question is whether special advantages may accrue from protecting certain industries under certain peculiar conditions.
"This will never do," said Bob, as he sat one evening in my rooms compounding his second tumbler. "I thought we were living in an enlightened age; but I find I was mistaken. That brutal spirit of monopoly is still abroad and uncurbed. The principles of free-trade are utterly forgotten, or misunderstood.
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