Publisher's Synopsis
Excerpt from "Shells"; National Finance; Imperial Preference; Liberalism: Three Speeches
Hardly less important is the removal of the restrictions and embar goes which, though they may be for the moment profitable to this or that particular trade, are hampering and throttling trade at large at the expense of the producer and consumer alikefi In my opinion, the war restrictions have become, now that the war is over, simply a disguised system of Protection. Another of our new masters of administration, Sir Auckland Geddes, who is temporarily run ning the Board of Trade, got nearer the truth than perhaps he knew in an ingenious phrase which I see he dropped the other day about nursing the baby. That is exactly what it is - nursing' the baby. Protection everywhere, and at all times, in all shapes, could not be more tersely or more happily described.
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