(9.) Productive labour is Free trade makes labour
labour employed to produce unproductive
a profit.[6]
(10.) Emigration of productive Free trade encourages the
labour is loss of capital. immigration of productive
The Minister of War labour to Protectionist
in France asserts that countries.
every individual transported
to Algeria costs
the State 8,000 francs.
(11.) Industries carried on
without profit, cause loss
of capital and credit.
(12.) It is demand only that Free trade prefers consumption
causes labour and its to demand.
produce to be wealth.[6]
(13.) To purchase produce is Free trade purchases produce
not to employ labour.[5] instead of employing labour.
(14.) Capital employed on
Foreign trade is less
advantageously employed
for society than on
Home trade.[7]
(In extreme cases Adam Smith Free trade encourages Foreign
shows that capital might be and Carrying trade, rather
twenty-four times more than Home trade.
advantageously employed on
_Home_ than on _Foreign_
trade.)
(15.) Carrying trade is less
advantageous than either
Foreign or Home trade.[7]
(16.) Interest on capital is
natural, lawful, and
consistent with the
general good.[8]
(17.) A struggle between Free trade leaders encourage a
capital and labour is the struggle between Labour and
greatest evil that can be Capital, between Landlord and
inflicted on society.[8] Tenant.
(18.) Land let out for profit
is the capital of the
landlord.[9]
(19.) The capital of the employers Free trade destroys the capital
forms the revenue of the employer.
of the labourer.[10]
(20.) Nothing can be more Free trade leaders raise this
fatal than the cry cry against the capitalist
against capital, so often landlord.
unthinkingly uttered.[9]
(21.) Rent does not affect the
price of agricultural
produce.[9]
(22.) It is to the interest of Mr. Bright says, that rich
the labourer that there landlord capitalists are the
should be as many rich squanderers of national
men as possible to compete wealth.
for his labour.[9]
(23.) Agriculture is the most Free trade has destroyed
advantageous employment agriculture in England and
of capital.[11] Ireland.
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