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Excerpt from Imports and Employment: An Economic Note Two points of economic interest have emerged during the Tariff Reform controversy of the last seven years. First, the actual incidence of an import duty; and, second, the effect of foreign imports on home employment. This note is concerned with the second. Outside the scope of these two questions, which lie at the root of the argument so far as it has been pursued in a scientific spirit, the controversy has been quite legitimately conducted on practical, inductive, statistical lines, and these have almost exclusively engaged the attention of politicians on both sides. They have bandied isolated and often unrelated statistics to prove either the progress and prosperity, or the decline of this country, or the greater progress or the greater poverty of, say, Germany. Though useful and necessary, the latter class of arguments are essentially inconclusive, for they cannot take into account all the circumstances other than tariffs which may have contributed to the results achieved, and too often they have been like sword strokes in the air which have failed to meet the blows of the adversary. At the base lie the two economic questions I have mentioned, and when these are answered and understood, the statistics showing the evolution of international trade and the variation of prices will be seen to fit the scientific theory. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com 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 re