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" Americans will pay, which the exhausted state of the continent renders very unlikely ; and because it was well worth while to incur a loss upon the first exportation, in order, by the glut, to stifle in the cradle those rising manufactures in the United... "
The Tour of James Monroe, President of the United States, Through the ... - Page 97
by Samuel Putnam Waldo - 1819 - 348 pages
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Connecticut in Transition, 1775-1818

Richard Joseph Purcell - Connecticut - 1918 - 498 pages
...while to incur a loss upon the first exportations, in order by the glut to stifle in the cradle these rising manufactures in the United States, which the war had forced into existence, contrary to the natural course of things." This was the policy followed. America bought unwisely on...
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Commerce and Industry: A Historical Review of the Economic ..., Volume 1

William Page - Great Britain - 1919 - 536 pages
...also well worth while to incur a loss upon the first exportation in order to glut the market and thus stifle in the cradle those rising manufactures in...United States which the war had forced into existence contrary to the natural course of things.4s The trades which were dependent upon the war inevitably...
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Commerce and Industry: A Historical Review of the Economic ..., Volume 1

William Page - Great Britain - 1919 - 562 pages
...Americans could pay, while the exhausted state of the Continent rendered any payment unlikely. It was also well worth while to incur a loss upon the first exportation in order to glut the market and thus stifle in the cradle those rising manufactures in the United States which...
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Chaucerian Papers-1

Albert Stanburrough Cook - 1920 - 446 pages
...sacrifices in America tended also to work an ultimate benefit; for, as Lord Brougham said, “it is well worth while to incur a loss upon the first exportation...those rising manufactures in the United States which had forced into existence, contrary to the natural course of things.” It was the common talk of the...
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The Protectionist, Volume 14

Protectionism - 1903 - 782 pages
...advice of Lord Brougham in the English House of Peers in 1816, that "it is well worth while to incur loss upon the first exportation in order by the glut...rising manufactures in the United States which the war has forced into existence contrary to the natural course of things," and comments: The American trusts,...
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The Protectionist, Volume 28

Protectionism - 1917 - 824 pages
...of $147,000,000 in 1816, the theory on which the English exporter conducted his business being that it was well worth while to incur a loss upon the first exportation, in order by a glut to stifle in the cradle those rising manufactures in the United States which the war had forced...
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John Quincy Adams and American Global Empire

William Earl Weeks - History - 2002 - 256 pages
...163. Wade quotes Sir Henry Brougham's famous remark to the House of Commons: "It is well worthwhile to incur a loss upon the first exportation in order...rising manufactures in the United States which the war has forced into existence contrary to the usual course of nature." 40. Smith, Economic Aspects of the...
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Ideas, Interests, and American Trade Policy

Judith Goldstein - Business & Economics - 1993 - 290 pages
...which the exhausted state of the continent renders very unlikely, and because it was well worthwhile to incur a loss upon the first exportation in order...United States which the war had forced into existence contrary to the usual course of things." Quoted ibid., pp. 167-68. Table 2.1. Price changes, 1800-1820...
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The World's Wasted Wealth 2: Save Our Wealth, Save Our Environment

J. W. Smith - Business & Economics - 1994 - 580 pages
..."He thought it 'well worthwhile to incur a loss upon the first exportation of [English manufactures], in order, by the glut, TO STIFLE IN THE CRADLE THOSE RISING MANUFACTURES IN THE UNITED STATES.'" (emphasis in original) Those words were the British strategy in the effort to deny Americans their...
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For Each, the Strength of All: A History of Banking in the State of New York

J. T. W. Hubbard - Business & Economics - 1995 - 352 pages
...Henry Brougham told the House of Commons, "to incur a loss on the first exportation in order, by a glut, to stifle in the cradle those rising manufactures in the United States which the war has forced into existence contrary to the natural course of things." The natural course of things,...
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