[Sophisms of the Protectionists by Frederic Bastiat]@TWC D-Link bookSophisms of the Protectionists PARTisans of free trade, we are accused of being theorists, and not 33/50
Again this was labor.
The price which you pay for coal in the market is the remuneration given to these labors of digging and transportation.[13] [Footnote 13: I do not, for many reasons, make explicit mention of such portion of the remuneration as belongs to the contractor, capitalist, etc.
Firstly: because, if the subject be closely looked into, it will be seen that it is always either the reimbursing in advance, or the payment of anterior _labor_.
Secondly: because, under the general labor, I include not only the salary of the workmen, but the legitimate payment of all co-operation in the work of production.
Thirdly: finally, and above all, because the production of the manufactured articles is, like that of the raw material, burdened with interests and remunerations, entirely independent of _manual labor_; and that the objection, in itself, might be equally applied to the finest manufacture and to the roughest agricultural process.] We see that, so far, all the advantage is on the side of Mr.de St. Cricq, and that the _value_ of unmanufactured as of manufactured articles, represents always the expense, or what is the same thing, the _labor_ of production; that it is impossible to conceive of an article bearing a _value, independent of human labor_; that the distinction made by the petitioners is futile in theory, and, as the basis of an unequal division of favors, would be iniquitous in practice; for it would thence result that the one-third of the French occupied in manufactures, would receive all the benefits of monopoly, because they produce _by labor_; while the two other thirds, formed by the agricultural population, would be left to struggle against competition, under pretense that they produce _without labor_. It will, I know, be insisted that it is advantageous to a nation to import the raw material, whether or not it be the result of labor; and to export manufactured articles.
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