Let us, then, make
_treaties of commerce_ upon the basis of a just reciprocity; let us
yield where we are yielded to; let us make the _sacrifice_ of buying
that we may obtain the advantage of selling.
Persons who reason thus, are (I am sorry to say), whether they know it
or not, governed by the protectionist principle. They are only a
little more inconsistent than the pure protectionists, as these are
more inconsistent than the absolute prohibitionists.
I will illustrate this by a fable:
There were, it matters not where, two towns, N*w Y*rk and M*ntr**l,
which, at great expense, had a road built, which connected them with
each other. Some time after this was done, the inhabitants of N*w Y*rk
became uneasy, and said: "M*ntr**l is overwhelming us with its
productions; this must be attended to." They established, therefore, a
corps of _Obstructors_, so called, because their business was to place
obstacles in the way of the convoys which arrived from M*ntr**l. Soon
after, M*ntr**l also established a corps of Obstructors.
After some years, people having become more enlightened, the
inhabitants of M*ntr**l began to discover that these reciprocal
obstacles might possibly be reciprocal injuries.
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