ABSTRACT

The revenue of any country consists entirely in what is produced in that country itself. This is the fund out of which all the wants of all classes in the community must be ultimately supplied. If foreign commodities find a market in any country, it is only because there are persons in that country who have home commodities to give in exchange for them—because there is, in the products of that country itself, a fund out of which those foreign commodities will be paid for. The revenue of all people of the kingdom of Ireland consists chiefly, if not entirely, of its agricultural produce. The general proposition that commerce enables people to apply the revenue of the country to the best advantage, is considered as decisive against all protection to, or preference for home industry. So far from interfering unfavourably with the trade with England, the encouragement of a home manufacture must act most favourably for Ireland upon that trade.