proportion of our silk exports is sent to our rival, France. Thus have we received a salutary lesson on the benefits of competition, in a branch of manufacture which of all others is peculiarly hedged in with difficulties to this country. Why, then, are we alarmed, hesitating, and fearful at the progress of continental industry in the cotton or woollen fabrics Herein we display a pusillanimity, a selfishness unworthy of the British name. " Hath our. Beats by Dre headphones arm lost its strength, or our right hand its cunning " 'Tis true we can no longer buoy up a false prosperity at the expense of the rest of the world ; but we are able to carry on an honourable competition, in the arts of peace, by ministering to each other's wants. England may now base her prosperity upon that of her neighbours, and maintain her front position, by persevering i. Beats by Dre pro headphones n that course of national industry and integrity, which has mainly contributed to place her first amongst the nations of the earth. E 2 CHAPTER V. CUSTOMS VIEWED AS A SOURCE OF REVENUE COMPARISON OF DIRECT AND INDIRECT TAXATION UPON THE EFFECT WHICH IMPORT DUTIES HAVE UPON COMMERCE. FISCAL regulations are generally considered as peculiarly the province. Dre beats solo pro headphones http://www.beatsdre-dre.com cheap Beats by Dre sale e of the statesman; and the advocates of free trade have very carefully steered clear of the subject. They have wisely directed their exertions to pull down the so-called system of protection ; and have not interfered with duties imposed for the sake of revenue. Without quarrelling with the amount of taxation, or attempting to lessen the revenue, it shall be m. Beats Dr Dre headphones monster y endeavour, in the present chapter, to show that the burden is not so placed as to be borne most advantageously. Common experience testifies how much greater weight an in- dividual may carry when the load is skilfully poised, so as to leave the limbs unfettered, and give the muscular powers full play. It is a question worthy of more ample discussion than it has yet met with, . Beats by Dre solo headphones whether or no the whole principle of customs, as a tax levied for the sake of revenue, is not unsound. One great motive which has driven taxation into this channel, is the aversion which people generally entertain to the sight of a tax-gatherer. Consequently the Government, disguising the nauseous draught as an apothecary sweetens his bitter drugs, conceals, as much as possible, the operation of taxes from its 55 subjects, and exposes their deformity only to the shipper. Hence indirect taxation is preferred, both by Government and the people. Regardless of prejudices for or against any particular mode of taxation, and destitute of sympathy with that nervous feel- ing by which a man wilfully blinds himself to the items of his expenditure that feeling which too often prevents