tariff

‘You may be cajoled into imagining that your own special trade or your own industry will be encouraged by a protective tariff, but it stands to reason that such legislation must in the long run keep away wealth from the country, diminish the value of our imports, and lower the general conditions of life in this island.’

“I don’t know much about the tariff and things of that kind,” said he, “but it seems to me we’ve got a bit off the trail so far as that note is concerned.”