But it will be said that the duty is necessary to protect Parisian
industry. Be it so; but then you destroy the effect of your railway.
For, if you persist in desiring that the Belgian product should cost
at Paris 40 francs, you must raise your duty to 15 francs, and then you
have--
20 francs, the price at Brussels.
15 " protecting duty.
5 " railway carriage.
Total, 40 francs, being the equalized price.
Then, I venture to ask, what, under such circumstances, is the good of
your railway?
In sober earnestness, let me ask, is it not humiliating that the
nineteenth century should make itself a laughing-stock to future ages by
such puerilities, practised with such imperturbable gravity? To be
the dupe of other people is not very pleasant, but to employ a
vast representative apparatus in order to dupe, and double dupe,
ourselves--and that, too, in an affair of arithmetic--should surely
humble the pride of this _age of enlightenment_.
X. RECIPROCITY.
We have just seen that whatever increases the expense of conveying
commodities from one country to another--in other words, whatever
renders transport more onerous--acts in the same way as a protective
duty; or if you prefer to put it in another shape, that a protective
duty acts in the same way as more onerous transport.
A tariff, then, may be regarded in the same light as a marsh, a rut,
an obstruction, a steep declivity--in a word, it is an _obstacle_, the
effect of which is to augment the difference between the price which the
producer of a commodity receives, and the price which the consumer
pays for it. In the same way, it is undoubtedly true that marshes and
quagmires are to be regarded in the same light as protective tariffs.
There are people (few in number, it is true, but there are such people)
who begin to understand that obstacles are not less obstacles because
they are artificial, and that our mercantile prospects have more to gain
from liberty than from protection, and exactly for the same reason which
makes a canal more favourable to traffic than a steep, roundabout, and
inconvenient road.
But they maintain that this liberty must be reciprocal. If we remove
the barriers we have erected against the admission of Spanish goods,
for example, Spain must remove the barriers she has erected against the
admission of ours. They are, therefore, the advocates of _commercial
treaties_, on the basis of exact reciprocity, concession for concession;
let us make the _sacrifice_ of buying, say they, to obtain the advantage
of selling.
People who reason in this way, I am sorry to say, are, whether they know
it or not, protectionists in principle; only, they are a little
more inconsistent than pure protectionists, as the latter are more
inconsistent than absolute prohibitionists.
The following apologue will demonstrate this:--
Public-domain text, read in full here on John Shaqi.
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