[What Is Free Trade? by Frederick Bastiat]@TWC D-Link book
What Is Free Trade?

CHAPTER VI
16/23

With the proceeds they purchased army blankets for the Boston market, on which they realized ten per cent.

net profit.

These sold, the avails were invested in barrows, spades, water-wheels, wages, &c., and in good time the canal was cut and the manufactory set a-going.

Profitable as this thing was to N, Mr.Greeley's single-barrelled telescope sees in it only a loss to the country of $1,000,000.
O, represents the Illinois Central, Union Pacific, and other western railroads, owning grants of land along their respective roads, to sell which to actual settlers they open agencies in London, Havre, Antwerp, and other European cities.

The emigrants who buy these lands pay for them in Europe, and set sail for America with their title-deeds in their pockets, and their axes on their shoulders, ready for a conquest over forest and prairie.


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