ii

CHAPTER VI.

THE FREE TRADE FALSEHOOD THAT A PROTECTIVE TARIFF IS A TAX ON THE CONSUMER REFUTED.—Alexander Hamilton. Cottons. Silks. Woolens and wool. Honorable ignorance. Cheap woolens. British factory life. British shoddy. The poor farmer and his blankets. Flannels, etc. Iron and steel. Steel rails, nails, saws, axes, cutlery, salt, lumber. Loose and reckless assertions. “Consolations of the protected farmer;" a Canadian view. Chemicals. Farmers the greatest monopolists, the nonsense of it

47

CHAPTER VII.

A TARIFF FOR REVENUE ONLY, TAXES THE CONSUMER. Duties and prices. The old store and the new. A tariff like a levee or a fence. Why do we not export manufactures largely?

85

CHAPTER VIII.

--

SOME FREE TRADE FALLACIES ANSWERED. 'Protection fetters trade." "Hotbed growth." "Buy in the cheapest market." " Cheap foreign articles are clear gain." "Balance of trade fallacious"

CHAPTER IX.

PROTECTION AND THE FARMER.-Old time experiences-sell
ing cheap and buying dear. Wise industrial policy needed
for successful farming. Rich lands exhausted. Farm
and factory neighbors and allies. Purchasing power of
farmers. Cheap transportation. Address of E. B. Ward.
The Western protectionist and the Cobden Club man;
Dudley on Mongredien. Duties on farm products. Grain
and provisions; exports and home market. A healthy
equilibrium. Foreign markets uncertain.
How pro-

tection protects farmers. A farmer's statement

93

99

iii

CHAPTER X.

WAGES AND PROTECTION.—Wages and costs, here and in England, etc. Savings Bank deposits; seven to one. Woman's elevation. Wages in Newark, Paisley and the Clyde ship-yards. J. W. Hinton. Comparative taxes. Statements at New York and Chicago Tariff Conventions . . 130

CHAPTER XI.

OPINIONS OF EMINENT MEN

CHAPTER XII.

COMMON INTEREST, NOT SECTIONAL OR CLASS JEALOUSY.New England industries. The new South. A Western view.

CHAPTER XIII.

153

163

OUR HISTORY TEACHES THE BENEFITS OF PROTECTION.-
Protective tariffs pay surest and best revenue

CHAPTER XIV

179