The West of England Woollen Industry Under Protection (Classic Reprint)

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Excerpt from The West of England Woollen Industry Under ProtectionBefore we proceed to deal with the West of England cloth trade as affected by Free Trade and Protection respectively, we would emphatically urge that the case for Free Trade does not depend on the progress or decline of any particular industry in any particular locality, but on the general increase of wealth, power, and happiness which accrues to a community as a result of the exchange of goods and services between itself and the world at large. It were no matter of concern if not one single yard of cloth were woven in Gloucestershire, provided that at the same time the people were better clothed than when they made their own cloth and equally well supplied with other necessaries and comforts. Less wheat is grown in England to-day than when the Corn Laws were in Operation, yet far more wheat is eaten, a greater population is far better fed.We protected agriculture, we encouraged the growing of food on our own soil, and we starved. We abandoned the protective policy, we allowed thousands of acres to go out of wheat cultivation, and we are well fed. Our labour is more productively employed, because free to develop national aptitudes where it formerly strove against natural limitations.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis 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.