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...whose conditions are similar to those of Ireland as described by Mr. Pitt : — " The only case in which, on mere principles of political economy, protecting...temporarily (especially in a young and rising nation) in the hopes of naturalising a foreign industry in itself perfectly suitable to the circumstances of the...

...importation; and to whatever degree it prevents importation, it affords no revenue. The only case in which, on mere principles of political economy, protecting...arises only from having begun it sooner. There may be no inherent advantage on one part, or disadvantage on the other, but only a present superiority...

...Rossi, Scialoja, JS Mill, and others, who adhere generally to the opposing theory. The latter says : " The superiority of one country over another in a branch...arises only from having begun it sooner. There may be no inherent advantage on one part, or disadvantage on the other, but only a present superiority...

...must have seen that such an experiment was at once promising, judicious, and well worth the trial. " The superiority of one country over another in a branch of production," says John Mill, " often arises only from having begun it sooner. There may be no inherent advantage...

...must have seen that such an experiment was at once promising, judicious, and well worth the trial. " The superiority of one country over another in a branch of production," says John Mill, " often arises only from having begun it sooner. There may be no inherent advantage...

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...Mr. Mill then proceeds to state a theory which it is necessary to notice. He adds: "The only case in which, on mere principles of political economy, protecting...(especially in a young and rising nation), in hopes of naturalising a foreign industry in itself perfectly suitable to the circumstances of the country."...

...Mr. Mill then proceeds to state a theory which it is necessary to notice. He adds: "The only case in which, on mere principles of political economy, protecting...(especially in a young and rising nation), in hopes of naturalising a foreign industry in itself perfectly suitable to the circumstances of the country."...

...claimed by the advocates of a protective system in the United States. " The only case," he says, " in which, on mere principles of Political Economy, protecting duties can be defensible, * Mill's Political Economy, Vol. II. p. 497. 41' is when they are imposed temporarily, (especially...