[What Is Free Trade? by Frederick Bastiat]@TWC D-Link bookWhat Is Free Trade? CHAPTER IV 6/32
In short, there is not one of its sophisms, which, if carried through by vigorous deductions, would not end in destruction and annihilation. 2.
_It is not true that the labor of one country can be crushed by the competition of more favored climates._ The statement is not true that the unequal facility of production, between two similar branches of industry, should necessarily cause the destruction of the one which is the least fortunate.
On the turf, if one horse gains the prize, the other loses it; but when two horses work to produce any useful article, each produces in proportion to his strength; and because the stronger is the more useful it does not follow that the weaker is good for nothing.
Wheat is cultivated in every section of the United States, although there are great differences in the degree of fertility existing among them.
If it happens that there be one which does not cultivate it, it is because, even to itself, such cultivation is not useful.
<<Back Index Next>> D-Link book Top TWC mobile books
|