On the record
All experience has established the invariable fact that domestic production, by inducing competition, in a brief period, lowers the price of all protected articles.
Source
gutenberg.orgEditor's note · Context
Sherman asserts that domestic production leads to lower prices through competition.
Share
More from John Sherman
This power in the hands of a few is at this moment the disturbing element in many of our great industries.
I have given my views, speaking for no other man, frankly and fearlessly, and I will stand by them now and in the future.
Some of you broke down the only political organization that could compete with us, and thus gave us an easy victory.
Confiscation is not only justified by the laws of war, by the practice of many nations, but it is practiced by our enemies in the most obnoxious way.
Other voices in this conversation
