[Sophisms of the Protectionists by Frederic Bastiat]@TWC D-Link book
Sophisms of the Protectionists

PART II
112/174

This is satisfactory enough.

But what becomes of the poor cloth manufacturer?
-- Oh, I have thought of him.

I have secured compensation for him by means of the tax reductions which are so profitable to the Treasury.
What I have done for you as regards cloth, I do for him in regard to wool, coal, machinery, etc., so that he can lower his price without loss.
-- But are you sure that will be an equivalent?
-- The balance will be in his favor.

The twenty francs that you gain on the cloth will be multiplied by those which I will save for you on grain, meat, fuel, etc.

This will amount to a large sum, and each one of your 35,000,000 fellow-citizens will save the same way.


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