Does the Protection of Industry by a Tariff give Manufacturers a Monopoly Prejudicial to the Consumers of the Goods that they make?

MONOPOL Y! That dread word has often been used in the last century to brand the alleged despotic schemes of financiers which have occasioned great public calamities.

Merchants produce nothing. They make a living by buying and seIling goods. It is in their interest to denounce any measure that

hampers their freedom to buy and to sell. Merchants have condemned as a "monopoly" any system of protection that is introduced in a country to safeguard the home market in manufactured goods for citizens of that country.