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To: DannyTN

Some other England, perhaps.


67 posted on 01/31/2016 6:01:10 AM PST by arthurus (Het is waar. Tutti i liberali sono feccia.)
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To: arthurus
Source

"After 1840 Britain abandoned mercantilism and committed its economy to free trade, with few barriers or tariffs. This was most evident in the repeal in 1846 of the Corn Laws, which were agricultural on domestic grain.

"Britain persisted in its free trade policy even as its major rivals, the U.S. and Germany, turned to high tariffs (as did Canada). American heavy industry grew faster than Britain, and by the 1890s was crowding British machinery and other products out of the world market.[36]

"The American "invasion" of the British home market demanded a response.[39] Tariffs, although increasingly under consideration, were not imposed until the 1930s.

70 posted on 01/31/2016 6:18:13 AM PST by DannyTN
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