Essays in Liberalism: Being the Lectures and Papers Which Were Delivered at the; Liberal Summer School at Oxford, 1922Various
General
Essays in Liberalism: Being the Lectures and Papers Which Were Delivered at the; Liberal Summer School at Oxford, 1922
Various
Great Britain -- Politics and government -- 1910-1936; Liberalism -- Great Britain
Yet the policy proposed by Lord Balfour's Committee has not been
adopted by the Coalition Government in anything like its entirety. Apart
from the Dyestuffs Act, and such devices as the freeing of home-made
sugar from excise, we have only had the Safeguarding of Industries Bill,
a meticulously conditional measure, providing for the setting up of
particular tariffs in respect of particular industries which may at a
given moment be adjudged by special committees _ad hoc_ to need special
protection from what is loosely called "dumping." And even the findings
of these committees so far have testified above all things to the lack
of any accepted set of principles of a protectionist character. Six
thousand five hundred articles have been catalogued as theoretically
liable to protective treatment, and some dozen have been actually
protected. They have given protection to certain products and refused it
to others; according it to fabric gloves and glass and aluminium goods
and refusing it to dolls' eyes and gold leaf.
Finally, the decision in favour of a tariff on fabric gloves has evoked
such a storm of protest from the textile manufacturers who export the
yarns with which foreign fabric gloves are made, that even the
Coalitionist press has avowed its nervousness. When a professed
protectionist like Lord Derby, actually committed to this protectionist
Act, declares that it will never do to protect one industry at the cost
of injuring a much greater one, those of his party who have any
foresight must begin to be apprehensive even when a House of Commons
majority backs the Government, which, hard driven by its tariffists,
decided to back its Tariff Committee against Lancashire. Protectionists
are not much given to the searching study of statistics, but many of
them have mastered the comparatively simple statistical process of
counting votes.
THE "NEW CIRCUMSTANCES" CRY
Public-domain text, read in full here on John Shaqi.
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