Note A3-5-7 — Chapter III

As free trade in Holland's best period was more an international law than a politico-economical system, so, afterwards, the Dutch protective system grew out of war prohibitions; and, in times of peace, the newly established industry was not abandoned. At last, in the time of its decline, all industries, with a strange logic, sought protection, even the most ancient one, the one whose growth was the most natural, the fisheries. (Laspeyres, Gesch. der volksw. Ansch., 134 ff., 146, 159.) The United States, during the war of 1812, with England, doubled their protective duties. (A. Young, Report on the Customs-tariff Legislation of the U. S., 1874.)