Excerpt from Essays on Some Unsettled Questions of Political Economy A prejudice appears to exist in many quarters against the theory in question, on the supposition of its being Opposed to one of the most valuable results of modern political philosophy, the doctrine of Free dom of Trade between nation and nation. The opinions now laid before the reader are presented as corollaries necessarily following from the principles upon which Free Trade itself rests. The writer has also been careful to point out, that from these Opinions no justification can be derived for any proleceifig duty, or other preference given to domestic over foreign industry. But in regard to those duties on foreign commodities which do not operate as proteo tion, but are maintained solely for revenue, and which do not touch either. The necessaries of life or the materials and instruments of production, it is his Opinion that any relaxation of such duties, beyond what may be required by the interest of the revenue itself, should in general be made contingent upon the adoption of some corresponding degree of freedom of trade with this country, by the nation from which the commodities are imported. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.