Six Letters From the ColoniesSeaton, R. C. (Robert Cooper)
History
Six Letters From the Colonies
Seaton, R. C. (Robert Cooper)
Australia -- Description and travel
In Victoria there is intense opposition to Free Trade. The people
would rather make bad boots and shoes for themselves than import
cheap and good ones from England. Of course I use Free Trade in the
sense of the opposite of protection of native industries. Advocates
of Protection appear to me to confound the end with the means, as if
manufacturers existed for their own sake and not in order to
produce. I have seen the commercial competition between various
countries compared with a horse race. Just as some horses are
handicapped, so customs duties must be levied on the productions of
certain countries to give the others a fair chance! The comparison
would be relevant if the object of a handicap were that the best
horse should win, but the race itself is the object. Bastiat has
reduced this view of commerce to an absurdity in his famous
petition. It is a petition supposed to be presented by the dealers
in oil, tallow, lamps, &c., in Paris, who request that all shutters,
windows, and other apertures for light may be closed against the
sun, which spoils their business by shining so brightly during the
day. If wheat rained from heaven some people would tax it to protect
the farmers. But Free Trade may be made an object of worship in
itself, and can then do nothing but harm. It may be made a rule of
life, not merely a rule of trade. The satisfaction of material needs
is most necessary, and lies at the bottom of civilization, but it is
not therefore the most important, and it is quite conceivable that
the moral advantages to be derived by a community through reliance
on their own energies, may more than compensate for the higher price
of particular articles. It has been found not to be good for the
human race to have things made too pleasant. The West Indian
negroes, "who toil not, neither do they spin," but pick the fruits
of the earth ready to their hands, are not the most exalted
specimens of mankind. It may be a good thing for a man _not_ to have
things too cheaply, if owing to this he is stirred up to work, and
can get money enough to live. Free Traders argue that free trade
will prevent war, by making evident the inconveniences thereby
occasioned to commerce, yet history has never shown that such
considerations have been of much weight when strong national
feelings are aroused. Nor is it, in my opinion, a desirable thing
that they should have a decisive effect. With this class of
arguments Free Traders are powerless to deal.
Public-domain text, read in full here on John Shaqi.
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