Protection
Ppofessor Goldtvin Smith, in an article on American statesmen, in the Nineteenth Century, says: — "What Protection has done is very difficult to undo. Industries are built on the false foundation, and if it is suddenly removed may fall with a crash, which can hardly fail to produce distress for a time. The fear of this it is which at present makes Americans who are by conviction Freetraders hesitate to vote for a great and sudden change in the tariff. In Canada Protection is a thing of yesterday ; yet it has already created artificial interests which greatly increase the difficulty of securing for the Canadians the inetestimable boon of Freetrade with the continent of which their country is a part." This is peculiarly applicable to the Protection of New Zealand Freetraders and those of Australia.
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Bibliographic details
Feilding Star, Volume X, Issue 85, 24 January 1889, Page 2
Word Count
135Protection Feilding Star, Volume X, Issue 85, 24 January 1889, Page 2
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