John Stuart Mill versus Peter Cooper
Globalism versus Americanism
Or Globalists versus Trump & Tariffs!!!!
John Stuart Mill on Trade & Tariffs:
Improvements in production are not the only circumstance accompanying the progress of industry, which tends to diminish the cost of producing, or at least of obtaining, commodities. Another circumstance is the increase of intercourse between different parts of the world. As commerce extends, and the ignorant attempts to restrain it by tariffs become obsolete, commodities tend more and more to be produced in the places in which their production can be carried on at the least expense of labour and capital to mankind. As civilization spreads, and security of person and property becomes established, in parts of the world which have not hitherto had that advantage, the productive capabilities of those places are called into fuller activity, for the benefit both of their own inhabitants and of foreigners. The ignorance and misgovernment in which many of the regions most favoured by nature are still grovelling, afford work, probably, for many generations before those countries will be raised even to the present level of the most civilized parts of Europe.
Much will also depend on the increasing migration of labour and capital to unoccupied parts of the earth, of which the soil, climate, and situation are found, by the ample means of exploration now possessed, to promise not only a large return to industry, but great facilities of producing commodities suited to the markets of old countries. Much as the collective industry of the earth is likely to be increased in efficiency by the extension of science and of the industrial arts, a still more active source of increased cheapness of production will be found, probably, for some time to come, in the gradually unfolding consequences of Free Trade, and in the increasing scale on which Emigration and Colonization will be carried on.
Rusticus Commentary - Mr. Mill is in Error Economically with his Theory of the Benefits of Fair Trade over Tariffs. He presents all the Modern Arguments for Free Trade: Progress, Lower Consumer Costs, Migration of Labor and Capital, Security of Persons and Property et al. His Theory has been a Colossal Failure: Collapse of the British Empire along with other European Empires, Two World Wars and Perpetual Local Wars and Terrorism, Wealth Concentration from the Middle Class to the Upper Class et al.
The Theories of Mill became the Economic Basis of the Progressive Woodrow Wilson Type Liberalism which was adopted by the League of Nations and later the United Nations. The Wilsonian Ideals of “making the world safe for Democracy” and “the war to end all wars” are clearly FAILED CONCEPTS with Multiple Examples.
Mill also fails when it comes to the Theories of the “White Man’s Burden and Colonialization” which Colonial Efforts and Failures have left the World in Chaos rather than uplifting the masses of the population of the exploited countries and lands dominated by the Dead European Colonial Systems of Times Past.
Peter Cooper on Trade & Tariffs:
P.S.— Should any reader of the preceding pages misunderstand my wishes, let me state them in concise lan guage. I desire:—
First. A national paper currency, issued solely by the Government, and made the only legal tender, receivable for all taxes and dues, and fundable at any time for an equitable rate of interest, by being made interconvertible with the bonds of the Government.
The volume of this currency must be determined by law, as per capita.
Second. A tariff not simply for revenue, but made discriminating and helpful to all the industries of the country, where the raw material and the labor can be furnished by our own people.
Third. A "civil service," divorced from party politics, and organized for the public service, as are the departments of the army or navy, purely on personal qualification and thorough fitness. The offices to be held during good be havior, on moderate salaries, but pensions provided for all disqualified by age or sickness, and a provision made for the widows and orphans.
The unfortunately vacillating policy, adopted by the Government in relation to the money of the country, in the course of efforts to arrive at specie payments, has already shrunk the value of all property and labor to an amount equal to all the money, spent in the war of the Rebellion. There is nothing, that will revive the fallen prosperity of our country and enable people to pay their city, town, and National debts but a wisely and well-arranged revenue tariff. It is the only means, that will enable us to pay the nation's debts. This was made clear by events, that took place in our own country between the year 1834 and 1842, when our tariff, which had just paid off our old National debt, was repealed. By this repeal our mills were stopped, as they now are ; our furnaces closed ; lands fell to half price ; the Sheriff was at work; States repudiated their debts; the United States were unable to borrow money at home or abroad, and bankrupt laws were passed by Congress. The tariff system was again tried in 1842, and in less than five years the production of our country, in iron alone, rose from two thousand to eight thousand tons; prosperity became universal and the public revenues greater than ever. In 1846 the Free Trade policy was again tried by repealing the tariff, and notwithstanding the enormous amount of gold, found in California, money was as high as ever ; iron came in and gold went out. In 1857 the culmination was reached, and a crisis of ruin came on, when the Treasury was nearly bankrupt. In three years Immigration on fell below the number, that arrived twenty-eight years before.
The results of the two systems will be clearly seen by following the tariffs of 1810, 1828, and 1861, when labor was well paid, money plenty, and emigration great. We cannot too carefully contrast the prosperity, that has uniformly followed the tariff policy of our country, in comparison with the frightful consequences of an approach to Free Trade, as they appeared in 1817, 1834, and 1857, when labor was ill paid, money scarce, immigration declining, and bankrupts were numbered by thousands. If every step toward Free Trade bears such fruit, although it may look as beautiful as the whited sepulchre of old, if it is intended to operate in connection with our inflated paper-circulating medium, it should be dreaded as we would dread the presence of a pestilence.
In Mr. O'Conor's letter he recommends, that our Government should adopt, not only Free Trade, but direct taxation, as the policy of our country. The old confederacy of thirteen States attempted to maintain their Government by direct taxation and failed. That failure was due to the fact, that the several States then neglected to provide their quota of taxation for the General Government. But the presence of a multitude of tax-collectors, and the personal contact of each with the farmer and mechanic, as claimant of dues to a remote interest, like that of the General Government, has always been regarded as a great nuisance by the common people, and has made the “tax-gatherer" in all ages a dreaded visitor. A good reason why a well-arranged revenue tariff of specific duties, raised from the smallest number of articles, that will produce the required amount, is more safe than direct taxation may be inferred from the fact, that Dr. Franklin says : " The American people, under the old Colonial Government, were so immoderately fond of the manufactures and superfluities of foreign countries, that they could not be restrained from purchasing them."
Rusticus Commentary - Peter Cooper’s Interpretation of the Cause of American Wealth constitutes a Correct Economic Paradigm. It is the American Plan of Henry Clay as implement by Lincoln and the Republicans after the Civil War. It has most recently been given a historical perspective by Pat Buchanan.
Agriculture Prowess becomes the force by which Industrialization accompanied by the Infrastructure can be accomplished. This is needed to expand and modernize both Agriculture and Industry in a never ending Cycle. Immigration then adds fuel to the Fire of Economic Growth.
Rusticus Commentary - The Present $800 Billion Annual Trade Deficit is a Sign of a Losing Trade War for the United States. This Trade War is not based on Tariffs per se but upon an Unequal Tax, Regulation, Labor & Wage Policy Playing Field with countries like China & their Communism, India & their Caste System, Mexico & their Feudalistic Economic System, Pakistan & their Theocratic Economy or Africa & their Primitive Tribal Economies.
United States Constitution 1-8-3. To regulate commerce with foreign nations, and among the several States, and with the Indian tribes:
This clause has been widely known as the "Commerce Clause". It gives the federal government the power to regulate conference. This also allowed the Federal government to pass laws on a wide range of areas that relate to commerce. Over time, "commerce" has been interpreted as the clause allowing the government to pass legislation on many matters that affect commerce.
The Congress has an obligation to create a “Level Playing Field for Fair Trade” wherein Free Trade can Exist under a Laissez Faire et Laissez Passer Philosophy among Foreign Nations & the several States of the Union & the Various Remaining Tribes of the Earth. Only when there are Equal Rules for Fair Trade can Free Trade actually Exist. This is the fundamental Difference between contemporary Peter Cooper & John Stuart Mill. Cooper describes the Fair & Free Trade of the expansive American Economy that supported the Massive Historic Immigration while Mill describes the Globalist Unfair & so-called Free Trade that destroyed the British Empire & other Empires resulting in 2 World Wars & many Minor Wars.
All this is shown in Prophecy of the Book of Revelation: 17 & 18 - Specifically Chapter 18: 15 The merchants of these things, which were made rich by her, shall stand afar off for the fear of her torment, weeping and wailing,
16 And saying, Alas, alas, that great city, that was clothed in fine linen, and purple, and scarlet, and decked with gold, and precious stones, and pearls!
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
18 And cried when they saw the smoke of her burning, saying, What city is like unto this great city!
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas, that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
20 Rejoice over her, thou heaven, and ye holy apostles and prophets; for God hath avenged you on her.
21 And a mighty angel took up a stone like a great millstone, and cast it into the sea, saying, Thus with violence shall that city Babylon be thrown down, and shall be found no more at all.
It must also be pointed out that Peter Cooper is in Agreement with the Economics of Adam Smith of “The Wealth of Nations” Fame while John Stuart Mill is the Foundation of the Unfair but Modern Globalist so-called “Free Trade” that is the Foundation of the Anti-Tariff Philosophy & which destroyed the British Empire & has Resulted in Global Economic Chaos & the Resulting Terrorism & Violence & Warfare!!!!
As it was pointed out by Senator Reed Smoot of the Infamous Smoot Hawley Tariff as recorded in Wikipedia: https://en.m.wikipedia.org/wiki/Smoot–Hawley_Tariff_Act.
As the global economy entered the first stages of the Great Depression in late 1929, the US's main goal emerged to protect American jobs and farmers from foreign competition. Reed Smoot championed another tariff increase within the US in 1929, which became the Smoot–Hawley Tariff Bill. In his memoirs, Smoot made it abundantly clear:
The world is paying for its ruthless destruction of life and property in the World War and for its failure to adjust purchasing power to productive capacity during the industrial revolution of the decade following the war.[8]
Smoot was a Republican from Utah and chairman of the Senate Finance Committee. Willis C. Hawley, a Republican from Oregon, was chairman of the House Ways and Means Committee.
The Globalists, who have made Fortunes dismantling the American Economy since Johnson put us on the Path to Perpetual Warfare in Vietnam & Nixon opened up China and set up his PetroDollar Scam with Saudi Arabia, inherently violate the Parable of Jesus first given in Luke 19:11-27 and repeated in Matthew 25:14-30.
Luke 19:
11 And as they heard these things, he added and spake a parable, because he was nigh to Jerusalem, and because they thought that the kingdom of God should immediately appear.
12 He said therefore, A certain nobleman went into a far country to receive for himself a kingdom, and to return.
13 And he called his ten servants, and delivered them ten pounds, and said unto them, Occupy till I come.
14 But his citizens hated him, and sent a message after him, saying, We will not have this man to reign over us.
15 And it came to pass, that when he was returned, having received the kingdom, then he commanded these servants to be called unto him, to whom he had given the money, that he might know how much every man had gained by trading.
16 Then came the first, saying, Lord, thy pound hath gained ten pounds.
17 And he said unto him, Well, thou good servant: because thou hast been faithful in a very little, have thou authority over ten cities.
18 And the second came, saying, Lord, thy pound hath gained five pounds.
19 And he said likewise to him, Be thou also over five cities.
20 And another came, saying, Lord, behold, here is thy pound, which I have kept laid up in a napkin:
21 For I feared thee, because thou art an austere man: thou takest up that thou layedst not down, and reapest that thou didst not sow.
22 And he saith unto him, Out of thine own mouth will I judge thee, thou wicked servant. Thou knewest that I was an austere man, taking up that I laid not down, and reaping that I did not sow:
23 Wherefore then gavest not thou my money into the bank, that at my coming I might have required mine own with usury?
24 And he said unto them that stood by, Take from him the pound, and give it to him that hath ten pounds.
25 (And they said unto him, Lord, he hath ten pounds.)
26 For I say unto you, That unto every one which hath shall be given; and from him that hath not, even that he hath shall be taken away from him.
27 But those mine enemies, which would not that I should reign over them, bring hither, and slay them before me.
Pounds in this Parable are a Type of Money
Verse 11: The Timing of His Kingdom is not immediate but in the Future
Verse 13: Jesus says to “Occupy” in the Pentecostal Age between His First & Second Coming
Verse 15: The Followers of Jesus are commanded to make Money by Trade
Why is the Punishment for the Unprofitable Servant (To Be Slain) so Great?
Matthew 25:
14 For the kingdom of heaven is as a man travelling into a far country, who called his own servants, and delivered unto them his goods.
15 And unto one he gave five talents, to another two, and to another one; to every man according to his several ability; and straightway took his journey.
16 Then he that had received the five talents went and traded with the same, and made them other five talents.
17 And likewise he that had received two, he also gained other two.
18 But he that had received one went and digged in the earth, and hid his lord’s money.
19 After a long time the lord of those servants cometh, and reckoneth with them.
20 And so he that had received five talents came and brought other five talents, saying, Lord, thou deliveredst unto me five talents: behold, I have gained beside them five talents more.
21 His lord said unto him, Well done, thou good and faithful servant: thou hast been faithful over a few things, I will make thee ruler over many things: enter thou into the joy of thy lord.
22 He also that had received two talents came and said, Lord, thou deliveredst unto me two talents: behold, I have gained two other talents beside them.
23 His lord said unto him, Well done, good and faithful servant; thou hast been faithful over a few things, I will make thee ruler over many things: enter thou into the joy of thy lord.
24 Then he which had received the one talent came and said, Lord, I knew thee that thou art an hard man, reaping where thou hast not sown, and gathering where thou hast not strawed:
25 And I was afraid, and went and hid thy talent in the earth: lo, there thou hast that is thine.
26 His lord answered and said unto him, Thou wicked and slothful servant, thou knewest that I reap where I sowed not, and gather where I have not strawed:
27 Thou oughtest therefore to have put my money to the exchangers, and then at my coming I should have received mine own with usury.
28 Take therefore the talent from him, and give it unto him which hath ten talents.
29 For unto every one that hath shall be given, and he shall have abundance: but from him that hath not shall be taken away even that which he hath.
30 And cast ye the unprofitable servant into outer darkness: there shall be weeping and gnashing of teeth.
Talents in this Parable are a Type of Money
It is simply time to enforce the Free and Fair and Reciprocal Trade Policies of the Sherman Anti-Trust Act. Free Trade is destroyed by Interference as with Governmental Regulation and also by Domination of Giant Corporate Vertical and Horizontal Monopolies. The Traditional Economic Principles of “Laissez Faire et Laissez Passer” and Adam Smith and Peter Cooper must be returned to in order to have a Prosperous Economy.
Traditional American Corporate Restrictions as Creatures or Creations of the State or Government:
- Limited Life
- Unlimited Liabilities
- Geographic Areas - Both State & County
- Limited Economic Function
- Capitalization Limitations
- Financial & Legal Responsibilities of Share Holders
- Restrictions on Board of Director Membership Conflicts
- Anti-Monopolistic Principles
- Service & Value to People as Citizens
- Subject to Both State & Federal Regulation & Law under United States Constitution Article 1-8-3
- Brandeis & States as Laboratories of Democracy
- Jefferson & Ward Mini Democratic Republics
- The Curse of Bigness
- The Blessing of Smallness
- ZCMI & United Orders & Mondragón as Alternatives
17 September 2017