"I boldly maintain that the principle of protection to domestic industry, meaning thereby legislative encouragement for purpose of protection—duties on import imposed for that purpose, and not for revenue, is a vicious principle. I contest the hon. Gentleman's assumption, that you cannot fight hostile tariffs by free imports. I so totally dissent from that assumption, that I maintain that the best way to compete with hostile tariffs is to encourage free imports. So far from thinking the principle of protection a salutary principle, I maintain that the more widely you extend it, the greater the injury you will inflict on the national wealth, and the more you will cripple the national industry."
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Prime Ministers of the United KingdomPoliticians from EnglandAcademics from the United KingdomConservative Party (UK) politiciansPeople from Manchester
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Robert Peel
Sir Robert Peel, 2nd Baronet (5 February 1788 – 2 July 1850) was a British Conservative statesman who served twice as Prime Minister of the United Kingdom (1834–1835 and 1841–1846) simultaneously serving as Chancellor of the Exchequer (1834-1835) and twice as Home Secretary (1822–1827 and 1828–1830). He is regarded as the father of modern English policing, owing to hi
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