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Page 22
It is a gravestone of free trade . It is a foundation stone of continental economic development . Two economic theories contended for mastery during the nineteenth century - free trade and national tar- iffs .
It is a gravestone of free trade . It is a foundation stone of continental economic development . Two economic theories contended for mastery during the nineteenth century - free trade and national tar- iffs .
Page 23
Thus both theories were disproved by the War , both free trade and na- tional autarchy . This double fiasco of previously accepted doctrines led to the creation of a new economic and political conception - the economic continent .
Thus both theories were disproved by the War , both free trade and na- tional autarchy . This double fiasco of previously accepted doctrines led to the creation of a new economic and political conception - the economic continent .
Page 390
It plans a downward revision of the tariff , and hopes for reciprocal agreements with other nations that will help revive foreign trade . But un- less Mr. Roosevelt is a rarely forceful leader these hopes will be disappointed .
It plans a downward revision of the tariff , and hopes for reciprocal agreements with other nations that will help revive foreign trade . But un- less Mr. Roosevelt is a rarely forceful leader these hopes will be disappointed .
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