[Sophisms of the Protectionists by Frederic Bastiat]@TWC D-Link bookSophisms of the Protectionists PART II 89/174
These robberies, by means of bounties or tariffs, even if they do violate equity as much as robbery, do not break the law; on the contrary, they are perpetrated through the law.
They are all the worse for this, but they have nothing to do with _criminal justice_. Besides, willy-nilly, we are all _robbers_ and _robbed_ in the business. Though the author of this book cries _stop thief_, when he buys, others can cry the same after him, when he sells.
If he differs from many of his countrymen, it is only in this: he knows that he loses by this game more than he gains, and they do not; if they did know it, the game would soon cease. Nor do I boast of having first given this thing its true name.
More than sixty years ago, Adam Smith said: "When manufacturers meet it may be expected that a conspiracy will be planned against the pockets of the public." Can we be astonished at this when the public pay no attention to it? An assembly of manufacturers deliberate officially under the name of _Industrial League_.
What goes on there, and what is decided upon? I give a very brief summary of the proceedings of one meeting: "A Ship-builder.
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