Gladstone, Sir John Tea Duty. Copy of a Letter About Tariffs and Trade, Addressed to the Editor of the 'London Morning Post' newspaper, Dec. 12, 1846. Published by Unknown, London, 1846.
Offprint, single folded sheet, 3pp. of a letter written to the "London Morning Post" by John Gladstone, father of British prime minister William Gladstone. He writes concerning the Chinese tea trade and a proposed reduction in tariffs. He compares these proposed tariff reductions to the Corn Law repeal of 1846. The hated Corn Laws had kept the price of corn artificially high by imposing tariffs and price controls on this essential commodity, thereby enriching the landed gentry. Gladstone concludes by saying "Such unfortunate precedents, unfortunately, sound the tocsin [sic] of encouragement to new changes and dangerous experiments with which the country now abounds..."

Ref: ECON 9429

$35.00