THE Evening Star. PUBLISED DAILY AT FOUR O'CLOCK P.M. Resurrexi. SATURDAY, JANUARY 10, 1880.

Thames Star, Volume XI, Issue 3446, 10 January 1880, Page 2

THE Evening Star. PUBLISED DAILY AT FOUR O'CLOCK P.M. Resurrexi. SATURDAY, JANUARY 10, 1880.

Eakl Deeby is another of the eminent measwho are opposed to a policy of protection. He not only says fchat protection is no cure for the distress anddepression of trade in England, but even in the colonies, where, in the opinion of many persons, protection is .-necetfMggy, it will.be found to fail. England has been sufferjiig from a depression of trade, arid a falling off in the! 1 manufactures of tjje country of course soon results in distress, suffering, and want among the thousands of the working classes, and in many ways affects all classes of the community. The great ir crease in'the imports of Great Britain, especially from America, has led many persons to believe that thepolicyof free trade has been overdone, and that protection, at least in a limited degree, should be had recourse to. The United States of America, with a protective policy, and more recently Canada, in order to place itself as it is said upon an equality with its neighbor, having followed the same course has had an effect upon many public xnen^jn England who are now advocating a return to the policy of forty years ae;o. For England free trade is the only policy, as it is the only just principle upon which to base taxation. Besides the question of self interest, a reversion of policy by the leading nation would inflict aa injury j upon the trade of the world that would j bring untold calamities ia its train. In ■ this Colony the question of Protection and Free Trade will have to be fonght out within the next few years, and our legislators would do well before they allow more than the thin edge of the wedge of ] protection to be introduced, to see the j effects of such a policy in the adjoining colony of Victoria, and to watch the result of the experiment in the Dominion of Canada. Lord Derby, one, of the leaders of public opinion in England, gives it as his opinion that failure, will be the result in the Colonies. „ adopting Protection, and this opinion is shared by manyof the more advanced thinkers, writers, and statesmen in England's colonial possessions. ' - '■