Excerpt from Financial Crises: Their Causes and Effects That instability is the essential characteristic of the system called free trade, will be obvious to you on the most cursory examination of the facts presented by the Several periods of that system through which we have thus far passed. From more than in 1817, our iiii ports fell, in 1821, to In 1825, they rose to and then, two years later, they were but From 1829 to 1834, they grew almost regularly, but no sooner had protection been abandoned, than instability, with ...
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Excerpt from Financial Crises: Their Causes and Effects That instability is the essential characteristic of the system called free trade, will be obvious to you on the most cursory examination of the facts presented by the Several periods of that system through which we have thus far passed. From more than in 1817, our iiii ports fell, in 1821, to In 1825, they rose to and then, two years later, they were but From 1829 to 1834, they grew almost regularly, but no sooner had protection been abandoned, than instability, with its attendant speculation, reappeared -the imports of 1836 having been greater, by 45 per cent, than those of 1834, and those of 1840 little more than half as great as those of 1836. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... 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.
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