The Tariff Reform Debate (1903)

Leonard Gomes
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Leonard Gomes: Middlesex Polytechnic

Chapter 4 in Neoclassical International Economics, 1990, pp 65-85 from Palgrave Macmillan

Abstract: Abstract In 1852 Queen Victoria remarked to her uncle, the King of the Belgians, ‘Protection is quite gone.’1 A generation later, however, a chorus of voices rose up in Britain against the continuance of the policy of free trade. At the time Victoria wrote, the British economy entered a period lasting twenty years of unparalleled prosperity. Leading economists attributed the mid-Victorian boom to the enlightened policy of free trade. In 1865 John Stuart Mill referred to the ‘flush of prosperity occasioned by free trade’. William Stanley Jevons, in the same year, ascribed the buoyant economic conditions to ‘the unprecedented commercial reforms of the last twenty years’.2

Keywords: Fair Trade; Free Trade; Economic Historian; Commercial Policy; Foreign Competition (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37155-2_4

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DOI: 10.1057/9780230371552_4

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