Richard Cobden Quotes
I believe that the harm which Mill has done to the world by the passage in his book on Political Economy in which he favours the principle of Protection in young communities, has outweighed all the good which may have been caused by his other writings.
Morley, John. The Life of Richard Cobden. Vol. 2, Chapman and Hall, 1881, p. 493.
Turgot was one of the most advanced economic thinkers in Europe and realized, even before most of the Americans, that by freeing itself England, that the Americans would be forced to become free traders and that in turn would make America a major Economic power despite the fact that American economic policy over the years vacillated between protectionism and free trade.
It was a classic economic protectionist practice to for an imperial nation to sell manufactured goods to its colonies, but not to allow the colonies to sell high labor value goods back to the mother country. The early American colonies were victims of this, and Brandgee was the leader of the protectionist wing of the Republican party. See {640519} for William Howard Taft’s opinion of him.
Richard Cobden was an English manufacturer, Radical and Liberal MP, associated with two major free trade campaigns, the Anti-Corn Law League and the Cobden–Chevalier Treaty.
