Note A3-6-6 — Chapter III

Important beginnings of a protective system in Sweden, under Gustavus Wasa, and again under Charles IX., the violent opponent of the supremacy of the nobility (Geijer, Schwed. Gesch. II, 118 ff., 346); while Christian II., of Denmark, failed in all such endeavors. The founder of the Russian industrial protection was Peter the Great, who was in complete accordance with the native theorist, I. Possoschkow: Compare Brückner, in the Baltische Monatschrift, Bd. VI (1862), and VI (1863). Spain first adopted a real protective system under the Bourbons. The export prohibitions issued mostly at the request of the cortes between 1550 and 1560 (Ranke, Fürsten und Völker, I, 400 ff.) must be considered as a remnant of the medieval scarcity-policy, induced principally by a misunderstood depreciation of the precious metals.