The Forgotten Man, and Other EssaysSumner, William Graham
Science
The Forgotten Man, and Other Essays
Sumner, William Graham
Economics; Social sciences
more competition, which the farmer must buy off by lowering the profits
of his own (the farming) industry. Then, too, so far as the immigrants
are artisans, the premium on immigration is a tax paid to increase the
supply of labor, that is, to lower wages, although the protectionists
say that the tariff raises wages. Hence we see that when a tax is laid,
in our modern complicated society, instead of being a simple and easy
means or method to be employed for a specific purpose, its action and
reaction on transportation, land, wages, etc., will produce erratic,
contradictory, and confused effects, which cannot be predicted or
analyzed thoroughly, and the protectionist, when he pleads three or
four arguments for his system, is alleging three or four features of
it which, if properly analyzed and brought together, are found to be
mutually destructive, and cumulative only as to the mischief they do
(see §§ 29, 101).
(_I_) THAT OUR INDUSTRIES WOULD PERISH WITHOUT PROTECTION.
123. Those who say this think only of manufacturing establishments as
“industries.” They also talk of “our” industries. They mean those we
support by the taxes we pay; not those from which we get dividends. No
industry will ever be given up except in order to take up a better one,
and if, under free trade, any of our industries should perish, it would
only be because the removal of restrictions enabled some other industry
to offer so much better rewards that labor and capital would seek the
latter. It is plain that, if a man does not know of any better way to
earn his living than the one in which he is, he must remain in that, or
move to some other place. If any one can suppose that the population
of the United States could be forced, by free trade, to move away, he
must suppose that this country cannot support its population, and that
we made a mistake in coming here. This argument is especially full of
force if the articles to be produced are coal, iron, wool, copper,
timber, or any other primary products of the soil. For, if it is said
that we cannot raise these products of the soil in competition with
some other part of the earth’s surface, all it proves is that we have
come to the wrong spot to seek them. If, however, the soil can support
the population under an arrangement by which certain industries support
themselves, and those which do not pay besides, then it is plain that
the former are really supporting the whole population--part directly
and part indirectly, through a circuitous and wasteful organization.
Hence the same strong and independent industries could certainly still
better support the whole population, if they supported it directly.
124. I have been asked whether we should have had any steel works in
this country, if we had had no protection. I reply that I do not know;
neither does anybody else, but it is certain that we should have had a
great deal more steel, if we had had no protection.
Public-domain text, read in full here on John Shaqi.
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