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Protection and Progress; A Study of the Economic Bases of the American Protective System

Protection and Progress; A Study of the Economic Bases of the American Protective System


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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1900. Excerpt: ... CHAPTER XIX. WORKINGMEN AND WAGES. TRADES UNIONISM IN GREAT BRITAIN AND THE UNITED STATES. The benefits of a cheap loaf--The chief beneficiary of the cheap loaf is the middleman--The Orient as a land of cheapness--Object of a protective tariff is to assist the productive consumer to maintain himself against the non-producing consumer--High duties on competing products paid by the well-to-do classes--The cost of the great staples no longer affected by duties--A dear country for the rich and a cheap country for the toiler--The part played by the standard of living in determining the rate of wages--Taxation of necessaries cannot touch the worker--Inconsistency of the policy of unrestricted free trade and labor combination--Ineffectual effort to promote international trades unionism--Trades unionists moving towards socialism in England--Extent of the importation of manufactured goods into Great Britain--The desirability of competition recognized by protectionists, but regulation assumed to be necessary--Advantages enjoyed by trades unionists in the United States--Protection a safety valve for social discontent--Higher standard of living of American workers not due to abundance of land. There must have been moments when Professor Rogers felt uncertain about the correctness of his theory that the best interests of mankind are subserved by a policy of cheapening regardless of its effects on producers, for we find him saying in one of his lectures that "the best economic condition is not that in which the greatest amount of produce is obtained at the cheapest rate, the greatest amount of capitalists pick up the greatest amount of profits; but one in which the greatest amount of workmen can live in the greatest possible comfort and security." Rogers, History of Co...


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Product Details
  • ISBN-13: 9780217038676
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 184
  • Spine Width: 10 mm
  • Width: 189 mm
  • ISBN-10: 0217038670
  • Publisher Date: 31 Jan 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 340 gr


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