The new freedom : $b a call for the emancipation of the generous energies of a peopleWilson, Woodrow
History
The new freedom : $b a call for the emancipation of the generous energies of a people
Wilson, Woodrow
United States -- Politics and government -- 1913-1921; United States -- Social conditions -- 1865-1918
The moral of the whole matter is this: The business of the United States
is not as a whole in contact with the government of the United States. So
soon as it is, the matters which now give you, and justly give you, cause
for uneasiness will disappear. Just so soon as the business of this
country has general, free, welcome access to the councils of Congress, all
the friction between business and politics will disappear.
* * * * *
The tariff question is not the question that it was fifteen or twenty or
thirty years ago. It used to be said by the advocates of the tariff that
it made no difference even if there were a great wall separating us from
the commerce of the world, because inside the United States there was so
enormous an area of absolute free trade that competition within the
country kept prices down to a normal level; that so long as one state
could compete with all the others in the United States, and all the others
compete with it, there would be only that kind of advantage gained which
is gained by superior brain, superior economy, the better plant, the
better administration; all of the things that have made America supreme,
and kept prices in America down, because American genius was competing
with American genius. I must add that so long as that was true, there was
much to be said in defence of the protective tariff.
But the point now is that the protective tariff has been taken advantage
of by some men to destroy domestic competition, to combine all existing
rivals within our free-trade area, and to make it impossible for new men
to come into the field. Under the high tariff there has been formed a
network of factories which in their connection dominate the market of the
United States and establish their own prices. Whereas, therefore, it was
once arguable that the high tariff did not create the high cost of living,
it is now no longer arguable that these combinations do not,--not by
reason of the tariff, but by reason of their combination under the
tariff,--settle what prices shall be paid; settle how much the product
shall be; and settle, moreover, what shall be the market for labor.
Public-domain text, read in full here on John Shaqi.
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