1916
Proposals for domestic trade barriers similar to those erected in international trade by tariff laws would be hooted down in derision. Suppose, for example, that the States had the right to erect tariff walls and some member of the Nebraska legislature should introduce a bill to place a heavy import duty on peaches, because, forsooth, the horticulturists of Colorado, California and Texas, one year with another, can produce peaches cheaper than the horticulturists of Nebraska. He would be met promptly with the argument that cheap peaches is just what we want; that if they can be grown to better advantage in other states, well and good; and that Nebraska can have more peaches by growing corn and hogs and wheat and buying peaches. His measure would not receive serious consideration. Indeed, many would earnestly contend that the proponent of such a measure should have his head examined. But when it comes to international trade politicians and candidates can go out and plead with the people to shut themselves off from cheap goods and "get away with it." We have hopes, however. — The Nebraska Farmer.
Thursday, April 24, 2008
The Folly of Tariffs
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