What Is Free Trade? - An Adaptation of Frederic Bastiat's "Sophismes Éconimiques" Designed for the American Reader by Frédéric Bastiat
page 35 of 142 (24%)
page 35 of 142 (24%)
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The wisdom and beauty of these laws strike me with admiration and reverence. What has been said of printing, can be extended to every agent for the advancement of labor--from the nail and the mallet, up to the locomotive and the electric telegraph. Society enjoys all, by the abundance of its use, its consumption; and it _enjoys all gratuitously_. For as their effect is to diminish prices, it is evident that just so much of the price as is taken off by their intervention, renders the production in so far _gratuitous_. There only remains the actual labor of man to be paid for; and the remainder, which is the result of the invention, is subtracted; at least after the invention has run through the cycle which I have just described as its destined course. I send for a workman; he brings a saw with him; I pay him two dollars for his day's labor, and he saws me twenty-five boards. If the saw had not been invented, he would perhaps not have been able to make one board, and I would none the less have paid him for his day's labor. The _usefulness_, then, of the saw, is for me a gratuitous gift of nature, or rather, is a portion of the inheritance which, _in common_ with my brother men, I have received from the genius of my ancestors. I have two workmen in my field; the one directs the handle of a plough, the other that of a spade. The result of their day's labor is very different, but the price is the same, because the remuneration is proportioned, not to the usefulness of the result, but to the effort, the [time, and] labor given to attain it. I invoke the patience of the reader, and beg him to believe, that I have not lost sight of free trade: I entreat him only to remember the |
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