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THE REVIVAL OF PROTECTIONISM
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language which present trade in terms of international hostility. England, Germany, the United States, are rivals, fighting for markets, and taking markets that "belong" to "our nation," "stealing marches" upon us, and otherwise seeking to injure our trade. When within each State some group of business interests actually controls the foreign and fiscal policy, it does actually produce, by tariffs, shipping laws, commercial treaties, and a pushful colonial policy, a sufficient semblance of economic militarism to give plausible support to this fundamentally false conception of international trade. There does exist this real opposition between trading and financial groups and syndicates within the several nations, which by impudent misuse of language and of politics usurp the title of their respective States. So France, Great Britain, Germany, America, and Japan, may easily be represented as opposed to one another, in their national capacity, in a contest for trade and concessions in China, when the truth is that some tiny

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