JB/015/367/002

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With her Iron, France can buy nothing that is not French:—
the same with her Cotton,— and her Woolens:— her Wines
open to her all the markets of the world. The only article of
manufacture upon which foreign competition acts, with any
thing like utility, is Silk;— and though this manufacture is
not in a very improving state in France, it is, on the whole,
that which is suffering the least, and which has the best prospects
before it. But, the Silk Trade, like every other, shares the
suffering which the prohibitory system inflicts; as one prohibition
infallibly entails another;— and when the means of relief, from
that source are exhausted, — as they speedily are,— the sacrifice
of the protected interests always follows. In the Silk Trade,
for instance, the foreign raw material is taxed, for the benefit
of the Silk=growers;— the evil is felt by the manufacturer,
and he obtains a prohibition of the export of Silk of native
growth. The heavy Taxes on foreign Iron and foreign Wood,
shut the Machine=makers out of the home market, unless he
can exclude foreign Machines. This exclusion is granted, and every
manufacturer who employs a Machine, requires protection against
the foreign article made by machinery cheaper than his own. And, so
the evil increases, and, at every step, a portion of the public wealth is
sacrificed. The shutting outexclusion of the improvements of other countries,
places the protected manufacturer in a very disadvantageous
position.

Identifier: | JB/015/367/002"JB/" can not be assigned to a declared number type with value 15.
Date_1		Marginal Summary Numbering
Box	015	Main Headings	deontology
Folio number	367	Info in main headings field
Image	002	Titles
Category	linking material	Number of Pages	1
Recto/Verso	recto	Page Numbering	f42
Penner	sir john bowring	Watermarks
Marginals		Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	5583
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