Foreigners use the treaties to shackle the Customs and likin, and there institutions cannot impose what duties they like on foreign roads, but they plause themselves about' native goods. For instance the Canton Custons is managed by foreigners and not by Chinese, and we cannot impose what dut ink best on foreign goods, toma the foreigners can to the duty required, and every likin Varrier that is passed demands its tax. Foreign goods, when onca the likin tax is paid can go anywhere free. This is the inequality: in the taxation of Chinese and foreign goods, and because of fof this inequality Chinese native cloth has not @ chance.
Now with regard to the indoor dent countries of Europe and Amer~ few they are at liberty to impose their own duties, and any difference the duties depends on the economic conditions of the separate country If there are many goods entering foreign country that are likely to injure their own native product, at once a heavy duty is imposed. to restrict the import. To restrict ign goods i¢ to protect native one and this method of taxation is called fa protective Tariff. For instance if Chinese goods are shipped to Japan, the Japanese impose at least a duty of 20 per cent, but their own native goode are free. 'Therefore if Japan ese goods are valued at $100, because of no duties, they still only cost $100, fand if they' are sold for $120, there a capital loss of $10. Tu this way Japan is able to restrict the import of Chinese goods for the protection. lof her own native ones. This prot tion of native goods by the restric tion of foreign imports isan economic method in use in all countries alike.
Text read from the printed page and cleaned; old type leaves the occasional error.