We must not, however, be guilty of exaggeration. As regards the mode of
levying, and other collateral circumstances, the system adopted in the
kingdom of A. may be worse than ours; but we must at the same time admit
that, as regards the principle and its necessary consequences, there is
not an atom of difference between these two species of theft; which are
both organized by law for the purpose of supplementing the profits of
particular branches of industry.
Remark also, that if _highway robbery_ presents some inconveniences in
its actual perpetration, it has likewise some advantages which we do not
find in _robbery by tariff_.
For example, it is possible to make an equitable division among all the
producers. It is not so in the case of customs duties. The latter are
incapable of protecting certain classes of society, such as artisans,
shopkeepers, men of letters, lawyers, soldiers, labourers, etc.
It is true that the robbery by premium assumes an infinite number of
shapes, and in this respect is not inferior to highway robbery; but, on
the other hand, it leads frequently to results so whimsical and awkward
that the natives of the kingdom of A. may well laugh at us.
What the victim of a highway robbery loses, the thief gains, and the
articles stolen remain in the country. But under the system of robbery
by premium, what the tax exacts from the Frenchman is conferred
frequently on the Chinese, on the Hottentots, on the Caffres, etc., and
here is the way in which this takes place:
A piece of cloth, we shall suppose, is worth 100 francs at Bordeaux. It
cannot be sold below that price without a loss. It is impossible to sell
it above that price because the competition of merchants prevents the
price rising. In these circumstances, if a Frenchman desires to have the
cloth, he must pay 100 francs, or want it. But if it is an Englishman
who wants the cloth, the government steps in, and says to the merchant,
"Sell your cloth, and we will get you 20 francs from the taxpayers." The
merchant who could not get more than 100 francs for his cloth, sells it
to the Englishman for 80. This sum, added to the 20 francs produced by
the premium theft, makes all square. This is exactly the same case as if
the taxpayers had given 20 francs to the Englishmen, upon condition of
his buying French cloth at 20 francs discount, at 20 francs below the
cost of production, at 20 francs below what it has cost ourselves. The
robbery by premium, then, has this peculiarity, that the people robbed
are resident in the country which tolerates it, while the people who
profit by the robbery are scattered over the world.
Public-domain text, read in full here on John Shaqi.
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