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The Tariff as It Affects the Workshop

The Tariff as It Affects the Workshop


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Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: CHAPTER V. STIMULATION OF BUSINESS. A Vert common objection to the tariff is that it unduly stimulates business. What is undue stimulation as contrasted with proper stimulation I have not been able to find out. I learn from the able speech of Senator Vance in the Tariff debate of 1883, that there is a natural growth of business which is healthy, and a stimulated growth which is deleterious, and that ftie section of country represented by him?that is, the South?waited for the natural growth, and as a consequence got left, as the saying is, though he did not use that phrase. Now if we are to judge the case by the effect which waiting for a natural growth of business has had on the people who have waited, the verdict must be that natural growth is very considerably inferior to a growth somewhat stimulated. A better representative of waiting for natural growth of business than North Carolina, is Sitting Bull, the Great Chief of the Sioux, whose capacity for waiting has stimulated his tribe to give him a name which in appropriateness is unsurpassed. Now I do not wish to deny that business may be over- stimulated, and that excessive profits lead in that direction, and that some evils follow; but I do contend that the results of stimulatioTi, over or in contrast with waiting for business to amble along at its natural gait, are very largely in favor of the former. When any business becomes profitable, the tendencyis to overdo it, but I do not understand that the evil of this is so great that business should not be made good. These men who urge the objection against the tariff, condemn it altogether for the reason given, and the upshot of their argument is, that it is better to have business remain dull than to endure the evil of having it made good by the tariff, because th...


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Product Details
  • ISBN-13: 9781458983824
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 56
  • Spine Width: 3 mm
  • Width: 189 mm
  • ISBN-10: 145898382X
  • Publisher Date: 01 Jan 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 118 gr


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