Political Quotes

James Blaine: “In all channels of trade where steam could be employed she paid lavish subsidies, and literally destroyed fair…”

On the record
In all channels of trade where steam could be employed she paid lavish subsidies, and literally destroyed fair competition, and created for herself a practical monopoly in the building of iron steamers, and a superior share in the ocean traffic of the world.
Said by
James Blaine
Republican · Maine

Editor's note · Context

Blaine argues that England's subsidies created unfair competition and a monopoly in the steamship industry.

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