Political and Literary essays, 1908-1913 eBook

This eBook from the Gutenberg Project consists of approximately 349 pages of information about Political and Literary essays, 1908-1913.

Political and Literary essays, 1908-1913 eBook

This eBook from the Gutenberg Project consists of approximately 349 pages of information about Political and Literary essays, 1908-1913.
enormous benefits on their own country; and they held that the object-lesson thus afforded might very probably induce other nations speedily to follow the example of England.  They forgot that the special conditions which existed at the time their noble aspirations were conceived were liable to change; that the extraordinary advantages which Free Trade for a time secured were largely due to the fact that seventy years ago England possessed a far larger supply of mechanical aptitude than any other country; that her marked commercial supremacy, which was then practically undisputed, could not be fully maintained in the face of the advance likely to be made by other nations; that if those nations persisted in adhering to Protection, their progress—­which has really been achieved, not by reason of, but in spite of Protection—­would almost inevitably be mainly attributed to their fiscal policy to the exclusion of other contributory causes, such as education; and that thus a revived demand for protective measures would not improbably arise, even in England itself.  These are, in fact, the results which have accrued.  Without doubt, it was difficult to foresee them, but it is worthy of note that, in spite of all adverse and possibly ephemeral appearances, symptoms are not wanting which encourage the belief that the prescience of the early Free Traders may, in the end, be tardily vindicated.  It is the irony of current politics that at a time when England is meditating a return to Protection—­but is as yet, I am glad to say, very far from being persuaded that the adoption of such a policy would be wise—­the most advanced thinkers in some Protectionist states are beginning to turn their eyes towards the possibility and desirability of casting aside those swaddling-clothes which were originally assumed in order to foster their budding industries.  Many of the most competent German economists, whilst advocating Protection as a temporary measure, have for many years fully recognised that, when once a country has firmly established its industrial and commercial status in the markets of the world, it can best maintain and extend its acquired position by permitting the freest possible trade.  Even Friedrich List, though an ardent Protectionist, “always had before him universal Free Trade as the goal of his endeavours."[62] Before long, Germany will have well-nigh completed the transition from agriculture to manufactures in which she has been engaged for the last thirty or forty years; and when that transition is fully accomplished, it may be predicted with some degree of confidence that a nation so highly educated, and endowed with so keen a perception of cause and effect, will begin to move in the direction of Free Trade.  Similarly, in the United States of America, the campaign which has recently been waged against the huge Trusts, which are the offspring of Protection, as well as the rising complaints of the dearness of living, are so many indications that arguments, which must eventually lead to the consideration—­and probably to the ultimate adoption—­if not of Free Trade, at all events of Freer Trade than now prevails, are gradually gaining ground.  Much the same may be said of Canada.  A Canadian gentleman, who can speak with authority on the subject, recently wrote: 

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Political and Literary essays, 1908-1913 from Project Gutenberg. Public domain.