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Principles of Political Economy, Vol. 2

Note A3-9-1 — Chapter III

John J. (John Joseph) Lalor translation

Torrens calls an industry which can, in the long run, bear no competition: "A parasitical formation, wanting the vital energies while permitted to remain, and yet requiring for its removal a painful operation." (Budget, p. 49.) Especially frequent in the case of luxury—industries in which the court was interested. The oysters which were sent for to Venice under Leopold I., in order to stock the artificial beds in the garden of the president of the Exchequer reached Vienna, dead. (Mailath, Gesch., IV, 384.) As to how Elizabeth, and Catharine II. in Russia, desired to compel the cultivation of silk, and caused the peasantry to be levied like recruits for that purpose; as to how the latter petitioned against it in a thousand ways, and endeavored to destroy the silk worms, mulberry trees, etc., see Pallas, Reise durch das südliche Russland, I, 154 ff. Frederick II.'s silk-protection is characterized mainly by the order for church-inspectors to keep tables (Tabellen) concerning it, and to look after clergymen's and teachers' knowledge of the cultivation of silk. Tragico-comic endeavors of the Shah Nasreddin to establish manufactories in Persia: Pollak, Persien, II, 138 ff. One of the principal effects of the Mexican protective system, since 1827, was the establishing of manufactories on the coast only to cover up smuggling. (Wappäus, Mexiko, 83 ff.)

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