A French ironmaster exclaims: Preserve us from the invasion of English
iron. An English landowner exclaims in return: Preserve us from the
invasion of French corn. And then they proceed to interpose barriers
between the two countries. These barriers create isolation, isolation
gives rise to hatred, hatred to war, war to invasion. What does it
signify? cry the two sophists; is it not better to expose ourselves to
an eventual invasion than accept an invasion which is certain? And the
people believe them, and the barriers are kept up.
And yet what analogy is there between an exchange and an invasion? What
possible similarity can be imagined between a ship of war which comes to
vomit fire and devastation on our towns, and a merchant ship which comes
to offer a free voluntary exchange of commodities for commodities?
The same thing holds of the use made of the word _inundation_. This word
is ordinarily used in a bad sense, for we often see our fields injured,
and our harvests carried away by floods. If, however, they leave on
our soil something of greater value than what they carry away, like
the inundations of the Nile, we should be thankful for them, as the
Egyptians are. Before we declaim, then, against the inundations of
foreign products--before proceeding to restrain them by irksome and
costly obstacles--we should inquire to what class they belong, and
whether they ravage or fertilize. What should we think of Mehemet Ali,
if, instead of raising, at great cost, bars across the Nile, to extend
wider its inundations, he were to spend his money in digging a deeper
channel to prevent Egypt being soiled by the foreign slime which
descends upon her from the Mountains of the Moon? We display exactly
the same degree of wisdom and sense, when we desire, at the cost of
millions, to defend our country.... From what? From the benefits which
nature has bestowed on other climates.
Among the metaphors which conceal a pernicious theory, there is no one
more in use than that presented by the words _tribute and tributary_.
These words have now become so common that they are used as synonymous
with _purchase and purchaser_, and are employed indiscriminately.
And yet a tribute is as different from a purchase as a theft is from an
exchange; and I should like quite as well to hear it said, Cartouche has
broken into my strong-box and purchased a thousand pounds, as to hear
one of our deputies repeat, We have paid Germany tribute for a thousand
horses which she has sold us.
For what distinguishes the act of Cartouche from a purchase is, that he
has not put into my strong-box, and with my consent, a value equivalent
to what he has taken out of it.
And what distinguishes our remittance of £20,000 which we have made to
Germany from a tribute paid to her is this, that she has not received
the money gratuitously, but has given us in exchange a thousand horses,
which we have judged to be worth the £20,000.
Public-domain text, read in full here on John Shaqi.
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