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England’s path to prosperity through cheaper production
The piece argues that reduced production costs will lower prices and revive trade. It emphasizes cheap cotton and raw materials, lower wages, and abundant capital as England’s strengths, while warning against protective taxation and idle labor. It cites historical wars, foreign competition, and the need for individual effort to restore prosperity.
MENTIONED IN THIS ARTICLE
America
England
France
Germany
Oldham
G. J. Shaw-Lefevre
M.P
Statistical Society
Giffen
Statistical Department
the Board of Trade