The Forgotten Man, and Other EssaysSumner, William Graham
Science
The Forgotten Man, and Other Essays
Sumner, William Graham
Economics; Social sciences
60. (_g_) If the congressmen are determined to elevate the comfort
of the population by taxing the population, then every new ship load
of immigrants must be regarded as a new body of persons whom we must
“elevate” by the taxes we have to pay. It is said that an Irishman
affirmed that a dollar in America would not buy more than a shilling
in Ireland. He was asked why then he did not stay in Ireland. He
replied that it was because he could not get the shilling there. That
is a good story, only it stops just where it ought to begin. The next
question is: How does he get the dollar when he comes to America? The
protectionist wants us to suppose that he gets it by grace of the
tariff. If so he gets it out of those who were here before he came. But
plainly no such thing is true. He gets it by earning it, and he adds
two dollars to the wealth of the country while earning it. The only
thing the tariff does in regard to it is to lower the purchasing power
of the dollar, if it is spent for products of manufacture, to seventy
cents.
61. Here, again, then, we find that protective taxes, if they do
just what the protectionist says that they will do, produce the very
opposite effects from those which he says they will produce. They
lessen wealth, reduce prosperity, diminish average comfort, and lower
the standard of living. (See § 30.)
CHAPTER III
PROTECTIONISM EXAMINED ADVERSELY
62. I have so far examined protectionism as a philosophy of national
wealth, assuming and accepting its own doctrines, and following them
out, to see if they will issue as is claimed. We have found that they
do not, but that protectionism, on its own doctrines, issues in the
impoverishment of the nation and in failure to do anything which it
claims to do. On the contrary, an examination in detail of its means,
methods, purposes, and plans shows that it must produce waste and loss,
so that _if it were true, we should have to believe that waste and loss
are means of wealth_. Now I turn about to attack it in face, on an open
issue, for if any project which is advocated proves, upon free and fair
examination, to be based on errors of fact and doctrine, it becomes a
danger and an evil to be exposed and combated, and truth of fact and
doctrine must be set against it.
1. _PROTECTIONISM INCLUDES AND NECESSARILY CARRIES WITH IT
HOSTILITY TO TRADE OR, AT LEAST, SUSPICION AGAINST TRADE_
(_A_) RULES FOR KNOWING WHEN IT IS SAFE TO TRADE.
63. Every protectionist is forced to regard trade as a mischievous or
at least doubtful thing. Protectionists have even tried to formulate
rules for determining when trade is beneficial and when harmful.
64. It has been said that we ought to trade only on meridians of
longitude, not on parallels of latitude.
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