A Primer of Tariff Reform.
By David A. Wells.
During the fiscal year 1883-4, United States, by reason of taxation imposed and maintained for purposes of protection, collected from its people £20,878,725 more than was necessary to defray all its ordinary expenditures, including pensions and interest on the public debt. Had this enormous sum of money been remitted to the people, in place of having been extorted from them, it would have been sufficient to have bought two pairs of boots for every man in the country with an occupation, or two barrels of flour for every family; or it would add a week's wages to the gain of every manual labourer. It would have paid ten per cent, on a thousand million dollars of capital invested in agriculture, manufactures, or mining.
Cassell & Company, Limitedm:
London, Paris, New York & Melbourne,
1885.