What Is Free Trade?: An Adaptation of Frederic Bastiat's "Sophismes Éconimiques" Designed for the American Reader — John Shaqi
What Is Free Trade?: An Adaptation of Frederic Bastiat's "Sophismes Éconimiques" Designed for the American ReaderBastiat, Frédéric
General
What Is Free Trade?: An Adaptation of Frederic Bastiat's "Sophismes Éconimiques" Designed for the American Reader
Bastiat, Frédéric
Free trade; Tariff -- United States
Years ago I could not rid my mind of the notion that Free Trade meant
some cunning policy of British statesmen designed to subject the world
to British interests. Coming across Bastiat's inimitable _Sophismes
Economiques_ I learnt to my surprise that there were Frenchmen also
who advocated Free Trade, and deplored the mischiefs of the Protective
Policy. This made me examine the subject, and think a good deal upon
it; and the result of this thought was the unalterable conviction I
now hold--a conviction that harmonizes with every noble belief that
our race entertains; with Civil and Religious Freedom for All,
regardless of race or color; with the Harmony of God's works; with
Peace and Goodwill to all Mankind. That conviction is this: that to
make taxation the incident of protection to special interests, and
those engaged in them, is robbery to the rest of the community, and
subversive of National Morality and National Prosperity. I believe
that taxes are necessary for the support of government, I believe they
must be raised by levy, I even believe that some customs taxes may be
more practicable and economical than some internal taxes; but I am
entirely opposed to making anything the object of taxation but the
revenue required by government for its economical maintenance.
I do not espouse Free Trade because it is British, as some suppose it
to be. Independent of other things, that would rather set me against
it than otherwise, because generally those things which best fit
European society ill befit our society--the structure of each being so
different. Free Trade is no more British than any other kind of
freedom: indeed, Great Britain has only followed quite older examples
in adopting it, as for instance the republics of Venice and Holland,
both of which countries owed their extraordinary prosperity to the
fact of their having set the example of relaxing certain absurd
though time-honored restrictions on commerce. I espouse Free Trade
because it is just, it is unselfish, and it is profitable.
For these reasons have I, a Worker, deeply interested in the welfare
of the fellow-workers who are my countrymen, lent to Truth and Justice
what little aid I could, by adapting Bastiat's keen and cogent Essay
to the wants of readers on this side of the Atlantic.
EMILE WALTER, _the Worker_.
NEW YORK, 1866.
WHAT IS FREE TRADE?
CHAPTER I.
PLENTY AND SCARCITY.
Which is better for man and for society--abundance or scarcity?
What! Can such a question be asked? Has it ever been pretended, is it
possible to maintain, that scarcity is better than plenty?
Yes: not only has it been maintained, but it is still maintained.
Congress says so; many of the newspapers (now happily diminishing in
number) say so; a large portion of the public say so; indeed, the
_city theory_ is by far the more popular one of the two.
Public-domain text, read in full here on John Shaqi.
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