Page:The New Protectionism.djvu/19

This page has been proofread, but needs to be validated.
PREFACE
xv

ment to adopt a policy of Tariffs, Export Duties, Navigation Acts, Financial Boycott, or other specified weapons of Protectionism, the policy indicated is one which plainly involves, or indeed demands, the application of such measures. "Economic Independence" of the kind described, though it does not preclude all commerce with the Central Powers, clearly contemplates the exclusion from this country of most of the staple imports which have hitherto come in, such as sugar, steel and iron, machinery, glass and glassware, cotton and woollen yarns and goods. The organization of Allied commerce, finance, and maritime arrangements, for complete "independence" implies not merely prohibitory tariffs on large classes of goods, but legal measures for the exclusion of German capital from all employment in the Allied countries, and restrictive or prohibitive measures against German and Austrian shipping. Whether "independence" be interpreted as absolute exclusion, or as security against such

This article is issued from Wikisource. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.