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Imperial Preferential Policy

Imperial Preferential Policy


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About the Book

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1905 edition. Excerpt: ... the greatest number of its subjects. The latter can only be assured by rendering ourselves--as an Empire, at any rate--self-contained and self-sufficing, one result of which should be to reduce our unemployed to the lowest possible number. Then it is said that during this period our foreign investments have more than doubled. That, again, is not by any means entirely satisfactory when taken into consideration with other circumstances; for it has been made abundantly clear that this is mainly owing to the fact that our capitalists, finding the manufacturing industries of their own country in jeopardy--due to the foreign inroads upon our markets--are transferring their investments to duly protected, competing industries abroad, which--for reasons already stated--is very much the reverse of satisfactory from a national standpoint. Further, it has been pointed out that the bankers cheques cleared in this country, taking the annual average, have risen in amount from 5 30 millions to over 800 millions sterling; 1 In point of fact it can be shown, too, that protectionist Saxony has increased its income-tax returns at a much greater rate. The United States have no income-tax, so no comparison is possible here. 2 Income-tax returns are not an absolute proof of the national income, but an index, rather, to be used with considerable discretion. " There can be little doubt that we owe a great deal of our present pre-eminence in the money market to the fact of our having been the only nation with a pure gold standard. but the fact that we are, perhaps, as much as ever (in proportion to increases of population and the world s revenue) the bankers of the world, is by no means everything from a far-sighted national point of view, if...


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Product Details
  • ISBN-13: 9781234166380
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 38
  • Spine Width: 2 mm
  • Width: 189 mm
  • ISBN-10: 1234166380
  • Publisher Date: 15 Jan 2013
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 86 gr


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