Home

What Is Free Trade? Part 5

What Is Free Trade? - novelonlinefull.com

You’re read light novel What Is Free Trade? Part 5 online at NovelOnlineFull.com. Please use the follow button to get notification about the latest chapter next time when you visit NovelOnlineFull.com. Use F11 button to read novel in full-screen(PC only). Drop by anytime you want to read free – fast – latest novel. It’s great if you could leave a comment, share your opinion about the new chapters, new novel with others on the internet. We’ll do our best to bring you the finest, latest novel everyday. Enjoy

Pet.i.tion from the Manufacturers of Candles, Wax-Lights, Lamps, Chandeliers, Reflectors, Snuffers, Extinguishers; and from the Producers of Tallow, Oil, Resin, Petroleum, Kerosene, Alcohol, and generally of every thing used for lights.

"_To the Honorable the Senators and Representatives of the United States in Congress a.s.sembled._

"GENTLEMEN:--You are in the right way: you reject abstract theories; abundance, cheapness, concerns you little. You are entirely occupied with the interest of the producer, whom you are anxious to free from foreign compet.i.tion. In a word, you wish to secure the _national market_ to _national labor_.

"We come now to offer you an admirable opportunity for the application of your--what shall we say? your theory? no, nothing is more deceiving than theory--your doctrine? your system? your principle? But you do not like doctrines; you hold systems in horror; and, as for principles, you declare that there are no such things in political economy. We will say, then, your practice; your practice without theory, and without principle.

"We are subjected to the intolerable compet.i.tion of a FOREIGN RIVAL, who enjoys, it would seem, such superior facilities for the production of light, that he is enabled to _inundate_ our _national market_ at so exceedingly reduced a price, that, the moment he makes his appearance, he draws off all custom from us; and thus an important branch of American industry, with all its innumerable ramifications, is suddenly reduced to a state of complete stagnation. This rival, who is no other than the sun, carries on so bitter a war against us, that we have every reason to believe that he has been excited to this course by our perfidious cousins, the Britishers. (Good diplomacy this, for the present time!) In this belief we are confirmed by the fact that in all his transactions with their befogged island, he is much more moderate and careful than with us.

"Our pet.i.tion is, that it would please your Honorable Body to pa.s.s a law whereby shall be directed the shutting up of all windows, dormers, sky-lights, shutters, curtains--in a word, all openings, holes, c.h.i.n.ks, and fissures through which the light of the sun is used to penetrate into our dwellings, to the prejudice of the profitable manufactures which we flatter ourselves we have been enabled to bestow upon the country; which country cannot, therefore, without ingrat.i.tude, leave us now to struggle unprotected through so unequal a contest.

"We pray your Honorable Body not to mistake our pet.i.tion for a satire, nor to repulse us without at least hearing the reasons which we have to advance in its favor.

"And first, if, by shutting out as much as possible all access to natural light, you thus create the necessity for artificial light, is there in the United States an industrial pursuit which will not, through some connection with this important object, be benefited by it?

"If more tallow be consumed, there will arise a necessity for an increase of cattle and sheep. Thus artificial meadows must be in greater demand; and meat, wool, leather, and above all, manure, this basis of agricultural riches, must become more abundant.

"If more oil be consumed, it will effect a great impetus to our petroleum trade. Pit-Hole, Tack, and Oil Creek stock will go up exceedingly, and an immense revenue will thereby accrue to the numerous possessors of oil lands, who will be able to pay such a large tax that the national debt can be paid off at once. Besides that, the patent hermetical barrel trade, and numerous other industries connected with the oil trade, will prosper at an unprecedented rate, to the great benefit and glory of the country.

"Navigation would equally profit. Thousands of vessels would soon be employed in the whale fisheries, and thence would arise a navy capable of sustaining the honor of the United States, and of responding to the patriotic sentiments of the undersigned pet.i.tioners, candle-merchants, &c.

"But what words can express the magnificence which New York will then exhibit! Cast an eye upon the future, and behold the gildings, the bronzes, the magnificent crystal chandeliers, lamps, l.u.s.ters, and candelabras, which will glitter in the s.p.a.cious stores, compared to which the splendor of the present day will appear little and insignificant.

"There is none, not even the poor manufacturer of resin in the midst of his pine forests, nor the miserable miner in his dark dwelling, but who would enjoy an increase of salary and of comforts.

"Gentlemen, if you will be pleased to reflect, you cannot fail to be convinced that there is perhaps not one American, from the opulent stockholder of Pit-Hole, down to the poorest vender of matches, who is not interested in the success of our pet.i.tion.

"We foresee your objections, gentlemen; but there is not one that you can oppose to us which you will not be obliged to gather from the works of the partisans of free trade. We dare challenge you to p.r.o.nounce one word against our pet.i.tion, which is not equally opposed to your own practice and the principle which guides your policy.

"If you tell us that, though we may gain by this protection, the United States will not gain, because the consumer must pay the price of it, we answer you:

"You have no longer any right to cite the interest of the consumer.

For whenever this has been found to compete with that of the producer, you have invariably sacrificed the first. You have done this to _encourage labor_, to _increase the demand for labor_. The same reason should now induce you to act in the same manner.

"You have yourselves already answered the objection. When you were told: The consumer is interested in the free introduction of iron, coal, corn, wheat, cloths, &c., your answer was: Yes, but the producer is interested in their exclusion. Thus, also, if the consumer is interested in the admission of light, we, the producers, pray for its interdiction.

"You have also said the producer and the consumer are one. If the manufacturer gains by protection, he will cause the agriculturist to gain also; if agriculture prospers, it opens a market for manufactured goods. Thus we, if you confer upon us the monopoly of furnishing light during the day, will as a first consequence buy large quant.i.ties of tallow, coal, oil, resin, kerosene, wax, alcohol, silver, iron, bronze, crystal, for the supply of our business; and then we and our numerous contractors having become rich, our consumption will be great, and will become a means of contributing to the comfort and competency of the workers in every branch of national labor.

"Will you say that the light of the sun is a gratuitous gift, and that to repulse gratuitous gifts is to repulse riches under pretence of encouraging the means of obtaining them?

"Take care--you carry the death-blow to your own policy. Remember that hitherto you have always repulsed foreign produce, _because_ it was an approach to a gratuitous gift, and _the more in proportion_ as this approach was more close. You have, in obeying the wishes of other monopolists, acted only from a _half-motive_; to grant our pet.i.tion there is a much _fuller inducement_. To repulse us, precisely for the reason that our case is a more complete one than any which have preceded it, would be to lay down the following equation: + + = -; in other words, it would be to acc.u.mulate absurdity upon absurdity.

"Labor and Nature concur in different proportions, according to country and climate, in every article of production. The portion of Nature is always gratuitous; that of labor alone regulates the price.

"If a Lisbon orange can be sold at one hundredth the price of a New York one, it is because a natural and gratuitous heat does for the one, what the other only obtains from an artificial and consequently expensive one.

"When, therefore, we purchase a Portuguese orange, we may say that we obtain it 99/100 gratuitously and 1/100 by the right of labor; in other words, at a mere song compared to those of New York.

"Now it is precisely on account of this 99/100 _gratuity_ (excuse the phrase) that you argue in favor of exclusion. How, you say, could national labor sustain the compet.i.tion of foreign labor, when the first has every thing to do, and the last is rid of nearly all the trouble, the sun taking the rest of the business upon himself? If then the 99/100 _gratuity_ can determine you to check compet.i.tion, on what principle can the _entire gratuity_ be alleged as a reason for admitting it? You are no logicians if, refusing the 99/100 gratuity as hurtful to human labor, you do not _a fortiori_, and with double zeal, reject the full gratuity.

"Again, when any article, as coal, iron, cheese, or cloth, comes to us from foreign countries with less labor than if we produced it ourselves, the difference in price is a _gratuitous gift_ conferred upon us; and the gift is more or less considerable, according as the difference is greater or less. It is the quarter, the half, or the three-quarters of the value of the produce, in proportion as the foreign merchant requires the three-quarters, the half, or the quarter of the price. It is as complete as possible when the producer offers, as the sun does with light, the whole, in free gift. The question is, and we put it formally, whether you wish for the United States the benefit of gratuitous consumption, or the supposed advantages of laborious production. Choose: but be consistent. And does it not argue the greatest inconsistency to check, as you do, the importation of iron-ware, dry-goods, and other foreign manufactures, merely because, and even in proportion as, their price approaches zero, while at the same time you freely admit, and without limitation, the light of the sun, whose price is during the whole day _at_ zero?"

CHAPTER VIII.

DISCRIMINATING DUTIES.

A poor laborer of Ohio had raised, with the greatest possible care and attention, a nursery of vines, from which, after much labor, he at last succeeded in producing a pipe of Catawba wine, and forgot, in the joy of his success, that each drop of this precious nectar had cost a drop of sweat to his brow.

"I will sell it," said he to his wife, "and with the proceeds I will buy lace, which will serve you to make a present for our daughter."

The honest countryman, arriving in the city of Cincinnati, there met an Englishman and a Yankee.

The Yankee said to him, "Give me your wine, and I in exchange will give you fifteen bundles of Yankee lace."

The Englishman said, "Give it to me, and I will give you twenty bundles of English lace, for we English can spin cheaper than the Yankees."

But a custom-house officer standing by, said to the laborer, "My good fellow, make your exchange, if you choose, with Brother Jonathan, but it is my duty to prevent your doing so with the Englishman."

"What!" exclaimed the countryman, "you wish me to take fifteen bundles of New England lace, when I can have twenty from Manchester!"

"Certainly," replied the custom-house officer; "do you not see that the United States would be a loser if you were to receive twenty bundles instead of fifteen?"

"I can scarcely understand this," said the laborer.

"Nor can I explain it," said the custom-house officer, "but there is no doubt of the fact; for congressmen, ministers, and editors, all agree that a people is impoverished in proportion as it receives a large compensation for any given quant.i.ty of its produce."

The countryman was obliged to conclude his bargain with the Yankee.

His daughter received but three-fourths of her present; and these good folks are still puzzling themselves to discover how it can happen that people are ruined by receiving four instead of three; and why they are richer with three dozen bundles of lace instead of four.

CHAPTER IX.

A WONDERFUL DISCOVERY.

At this moment, when all minds are occupied in endeavoring to discover the most economical means of transportation; when, to put these means into practice, we are levelling roads, improving rivers, perfecting steamboats, establishing railroads, and attempting various systems of traction, atmospheric, hydraulic, pneumatic, electric, &c.; at this moment, when, I believe, every one is seeking in sincerity and with ardor the solution of this problem--"_To bring the price of things in their place of consumption, as near as possible to their price in that of production_"--I would believe myself to be acting a culpable part towards my country, towards the age in which I live, and towards myself, if I were longer to keep secret the wonderful discovery which I have just made.

I am well aware that the self-illusions of inventors have become proverbial, but I have, nevertheless, the most complete certainty of having discovered an infallible means of bringing produce from all parts of the world into the United States, and reciprocally to transport ours, with a very important reduction of price.

Infallible! and yet this is but a single one of the advantages of my astonishing invention, which requires neither plans nor devices, neither preparatory studies, nor engineers, nor machinists, nor capital, nor stockholders, nor governmental a.s.sistance! There is no danger of shipwrecks, of explosions, of shocks of fire, nor of displacement of rails! It can be put into practice without preparation almost any day we think proper!

Finally: and this will, no doubt, recommend it to the public, it will not increase the Budget one cent; but the contrary. It will not augment the number of office-holders, nor the exigencies of State; but the contrary. It will put in hazard the liberty of no one; but on the contrary, it will secure to each a greater freedom.

Please click Like and leave more comments to support and keep us alive.

RECENTLY UPDATED MANGA

What Is Free Trade? Part 5 summary

You're reading What Is Free Trade?. This manga has been translated by Updating. Author(s): Frederic Bastiat. Already has 551 views.

It's great if you read and follow any novel on our website. We promise you that we'll bring you the latest, hottest novel everyday and FREE.

NovelOnlineFull.com is a most smartest website for reading manga online, it can automatic resize images to fit your pc screen, even on your mobile. Experience now by using your smartphone and access to NovelOnlineFull.com