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

PART II
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I will buy the railroads, pay off the public debt, and starve out the stock gamblers.
-- My dear Utopist! -- Freed from too numerous cares, I will concentrate all the resources of the government on the repression of fraud, the administration of prompt and even-handed justice.

I-- -- My dear Utopist, you attempt too much.

The nation will not follow you.
-- You gave me the majority.
-- I take it back.
-- Very well; then I am no longer Minister; but my plans remain what they are--Utopian ideas.
[Footnote 14: The entrance duty levied at the gates of French towns.] [Footnote 15: I understand M.Bastiat to mean merely that export duties are not necessarily more onerous than import duties.

The statement that all taxes are paid by the consumer, is liable to important modifications.

An export duty may be laid in such way, and on such articles, that it will be paid wholly by the foreign consumer, without loss to the producing country, but it is only when the additional cost does not lessen the demand, or induce the foreigner to produce the same article.


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