Robert Peel quotes - page 2
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.
Robert Peel
My belief is, that a wiser decision than that to which you came-to subject property to direct taxation within certain limits-to remove the prohibition upon foreign cattle-to permit swine and sheep to be imported-to reduce the duty on corn, on sugar, on lard, on butter, and on cheese-you never made. My belief is that you have been amply repaid for any loss you may have sustained by that reduction; that you have gained the confidence and goodwill of the labouring classes in this country, by parting with that which was thought to be directly for the benefit of the landed interest. It was that confidence in the generosity and justice of Parliament which in no small degree enabled you to pass triumphantly through that storm which convulsed other nations during the year 1848.
Robert Peel
