Tariff and Wages

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Excerpt from Tariff and Wages: Paul and His Father Have a Dialogue Discussion of These Vital Questions Moulton, Wenborne & Co., Buffalo, N. Y., have just published "Tariff and Wages, " by Geo. W. Elliott, of Rochester, N. Y. Mr. Elliott has had, as manager of advertising and publications of the immensely successful house of H. H. Warner & Co., who have branches all over the globe, unusual advantages in the study of international trade policies. He withdrew from active journalism ten years ago for the purpose of making a study of trade problems. He was originally a free trader, and is one now theoretically, but he believes, as an American, one must sustain a genuine protective tariff policy. He treats his theme in dialogue manner with his son Paul, and makes a book so simple that the perplexing problems of the tariff can be readily understood by the wage-worker. He holds that there is no such thing as a fixed wages fund apart from protection, which is the source of all wages. He shows that protection does foster production in many respects that would not obtain were we in open competition with free trade England, and hence protected production, by furnishing diversity of employments, maintains a better rate of wages than could prevail were varieties of employments less numerous and were more labor forced into agricultural pursuits. 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.