Summary

Thomas Allnutt Brassey Problems of Empire — The Need for Tariff Reform (1904)

The Colonies, as you know, are all rigidly Protectionist. On the other hand, it is said that all that the Colonies hope for from a connection with the mother country is the enjoyment of trade advantages. I am a staunch believer in the economic advantages of Free Trade to this country, even on the present one-sided system; but, in my opinion, it is well worth considering whether we should not gain more than we lose if, by entering into reciprocal trade arrangements throughout the Empire, we induced the Colonies to bear their fair share of the cost of Imperial defence.
Source: Wikisource

Thomas Allnutt Brassey Problems of Empire — The Need for Tariff Reform (1904)

For a great Empire to be absolutely at the mercy of one single foreign country for the supply of raw material for one of its greatest industries—cotton goods form a quarter of our total exports—is deplorable. The remedy is to encourage the growth of cotton under the British flag.
Decline of agriculture. It is not necessary for me to enlarge upon the way in which British Agriculture has suffered in the past sixty years. Every one who has the least acquaintance with agriculture must know that farmer after farmer has been ruined after struggling against bad times.
Source: Wikisource

Thomas Allnutt Brassey Problems of Empire — The Need for Tariff Reform (1904)

But if you take the figures of a longer period—and I maintain that to arrive at a right conclusion, you must take a longer period—you will observe that our trade is subject to periods of prosperity and of depression, and that at the end of each decade our exports have reached about the same figures as at its commencement. Taking the last thirty years, our exports of manufactured goods have remained practically stationary; while those from France, Germany, and the United States have enormously increased since they adopted a protectionist policy.
Source: Wikisource

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