Note 2 — Chapter III · THE MAN OF BUSINESS
Reading edition
A practical objection to this principle may be here anticipated and answered. Politicians may say that for any one nation to be the pioneer in the adoption of such a policy would have the effect of driving trade and manufactures into other countries where the restriction did not exist. But there are so many highly necessary reforms open to a similar objection that I think there is no doubt that ultimately the jurists of all nations will agree upon some arrangement for universal legislation, whereby laws not affecting the relations of one country with another will be simultaneously enacted by a comity of nations. We have already one very imperfect example of such a procedure in the Convention against bounty-helped sugar. ↑