Note A3-5-2 — Chapter III

Hume, in the parliamentary session of 1828, uses the expression "strangulate," to convey this idea. As early as 1815, Brougham said: "It was well worth while to incur a loss on the exportation of English manufactures in order to stifle in the cradle the foreign manufactures." The report of the House of Commons on the condition of the mining district (1854) speaks of the great losses, frequently in from three to four years, of £300,000 to £400,000, which the employers of labor voluntarily underwent, in order to control foreign markets. "The large capitals of this country are the great instruments of warfare against the competing capital of foreign countries, and are the most essential instruments now remaining by which our manufacturing supremacy can be maintained."