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" Rae, that nothing has a greater tendency to promote improvements in any branch of production than its trial under a new set of conditions. But it cannot be expected that individuals should, at their own risk, or rather to their certain loss, introduce... "
Journal of the Institute of Bankers - Page 425
by Institute of Bankers (Great Britain) - 1897
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Henry C. Carey and American Economic Development

Rodney J. Morrison - Economic development - 1986 - 112 pages
...their own risk, or rather, at their certain loss, introduce a new manufacture, and bear the burden of carrying it on, until the producers have been educated up to the level of those with whom the processes have become traditional.9 It was one thing to claim protection was a worthwhile commercial policy;...
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Principles of Political Economy with Some of Their Applications to ..., Volume 2

John Stuart Mill - Economics - 1848 - 602 pages
...at their own risk, or rather at their certain loss, introduce a new manufacture, and bear the burden of carrying it on, until the producers have been educated...sometimes be the least inconvenient mode in which a nation can tax itself for the support of such an experiment. But the protection should be confined...
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A Manual of Political Economy

Erasmus Peshine Smith - Economics - 1853 - 282 pages
...their o•wn risk, or, rather, at their certain loss, introduce a new manufacture, and 'bear the burden of carrying it on, until the producers have been educated...protecting duty, continued for a reasonable time, will sometimea be the least inconvenient mode in which a nation can tax itself for the support of such an...
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A Manual of Political Economy

Erasmus Peshine Smith - Economics - 1853 - 284 pages
...new manufacture, and bear the burden of carrying it on, until the producers have been educated vip to the level of those with whom the processes are...for a reasonable time, will sometimes be the least 'KT - / inconvenient mode in which a nation can tax itself fo^~'** * ** L '° an experiment."- —...
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The Atlantic Monthly, Volume 36

American essays - 1875 - 782 pages
...J. Stuart Mill says, concerning the introduction of new manufactures, "A protective duty, continued a reasonable time, will sometimes be the least inconvenient mode in which a country can tax itself for the support of an experiment; " and though it is also true that, when...
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Principles of Social Science, Volume 3

Henry Charles Carey - Economics - 1859 - 528 pages
...any branch of production than its trial under a new set of conditions. But it cannot," as he says, " be expected that individuals should at their own risk,...educated up to the level of those with whom the processes have become traditional. * A protecting duty, continued for a reasonable time, will sometimes be the...
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Principles of Social Science, Volume 3

Henry Charles Carey - Economics - 1859 - 542 pages
...the level of those with whom the processes have become traditional. "' A protecting duty, continned for a reasonable time, will sometimes be the least inconvenient mode in which a country can tax itself for the support of such an experiment." * •• Elsewhere he says, that "the...
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Principles of Social Science, Volume 3

Henry Charles Carey - Economics - 1860 - 528 pages
...be expected that individuals should at their own risk, or rather to their certain loss, introduce u new manufacture, and bear the burthen of carrying...educated up to the level of those with whom the processes have become traditional. A protecting duly, continued for a reasonable time, will sometimes be the...
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Financial Crises: Their Causes and Effects

Henry Charles Carey - Depressions - 1864 - 64 pages
...field;" but, that "it cannot be expected that individuals should, at their own risk, or, rather, at their certain loss, introduce a new manufacture, and...educated up to the level of those with whom the processes have become traditional." Look next to Mons. Chevalier, and learn that not only " it is not an abuse...
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Transactions of the American Institute of the City of New York

American Institute of the City of New York - Agriculture - 1864 - 724 pages
...until the producers are educated up to the level of those of other countries, and that a protective duty continued for a reasonable time will sometimes be the least inconvenient mode in which a nation can try itself, until it obtains the requisite skill and experience. He says the protection...
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