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The Evolution of Modern Capitalism

Note 78 — Chapter III · ToC

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In 1824 Mr. Huskisson introduced the principle of free trade, securing a reduction of the duties on raw and thrown silks, and in 1825, 1826, considerable further reductions were made. (Cf. Ure, Philosophy of Manufactures, p. 454, etc.) But protection of English silk manufactured goods was maintained until the French Treaty of 1860.

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