Principles of Political EconomyPerry, Arthur Latham
General
Principles of Political Economy
Perry, Arthur Latham
Economics
Is the principle of "International Copyright," so-called, correct? Let
us look narrowly before we pronounce. At present this good country of
ours makes itself a mocking and a by-word even to its own intelligent
and art-loving citizens by putting a tariff-tax of 30% on paintings
and statuary by foreign artists, not at all to get revenue thereby,
but to "protect" domestic artists in their inferior work by
artificially lifting the price of their wares. So far is carried this
jealousy of foreign works of art, that when the artists generously
loan them for exhibition on our national occasions, they are put under
bonds _not to sell them on this side_ without previously paying the
tariff-tax, which is graciously intermitted during the Exposition.
This is Restriction. This is Protectionism pure and simple. This is
legally excluding the Better in order to give a forced currency to the
Worse. Now, domestic Copyright restricts the sale of any book to one
publisher in his interest and in that of the author. The book now in
the reader's hand is thus copyrighted. This legal arrangement between
authors and publishers and their public may be perhaps logically
defended, it may even be for the public weal on the whole, though in
many cases it doubtless raises the price of good books, which would
have been published without any such artificial encouragement. The
copyright, however, like all patent-rights also, soon expires by
limitation of time, and the public thereafter have the unrestricted
use of what is really their own.
Public-domain text, read in full here on John Shaqi.
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