. Pamphlets. Nothing demonstrates this more clearly than thefact that these taxes have been accepted by a party whichdisliked them, which asserted that a decisive majority ofthe electors disliked them, and which had it in its powerto reject them. Acceptance of the Budget taxes underthese circumstances could have only one meaning—anunqualified admission that by them and by them alonecould the admitted needs of the country be met. In otherwords. Tariff Reform had at once been found out andfound wanting. Another and a better way had been foundto supply the great and growing necessities of the cou
. Pamphlets. Nothing demonstrates this more clearly than thefact that these taxes have been accepted by a party whichdisliked them, which asserted that a decisive majority ofthe electors disliked them, and which had it in its powerto reject them. Acceptance of the Budget taxes underthese circumstances could have only one meaning—anunqualified admission that by them and by them alonecould the admitted needs of the country be met. In otherwords. Tariff Reform had at once been found out andfound wanting. Another and a better way had been foundto supply the great and growing necessities of the country—a way by which the burden is apportioned according tothe strength of those on whose shoulders it must rest. Asa means of raising the national revenue. Tariff Reformhas vanished. It survives only as a poor and inferiorweapon for the exclusion of foreign goods from our ports. Printed by Cassell & Company, Limited, La Belle Sauvage, London, The Effect of Tariffson Unemployment BY AN ECONOMIST. GASSELL AND COMPANY, LTD. London, New York, Toronto and Melbourne 1910 The Effect of Tariffs onUnemployment In connection with the tariflf controversy there is noquestion more important than that of the bearing oftariffs on employment, for unemployment is one of thegravest social troubles of the present time. Opinionsupon this question may be divided into (i) those whichare based upon a scientific analysis of the causes ofunemployment, and (2) those which are not. Opinionsof the former class I shall expound and examine first;afterwards I shall criticise the more naive opinions. I must begin my task by indicating the causes ofunemployment which numerous investigations have re-vealed. Without a knowledge of these causes it ispatently impossible to say how tariffs will affect employ-ment; for if tariffs can affect it, they certainly must doso by operating upon these causes. Causes of Unemployment The unemployed may be broadly divided into theemployable and the unemployable. Now it
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