Tuesday, October 27, 2009

Quote of the day

From Richard Cobden's 1835 pamphlet England, Ireland and America:
...In the present day, commerce is the grand panacea, which, like a beneficent medical discovery, will serve to inoculate with the healthy and saving taste for civilization all the nations of the world. Not a bale of merchandise leaves our shores, but it bears the seeds of intelligent and fruitful thought to the members of some less enlightened community; not a merchant visits our seats of manufacturing industry, but he returns to his own country the missionary of freedom, peace, and good government -- whilst our steam boats, that now visit every port of Europe, and our miraculous railroads, that are the talk of all nations, are the advertisements and vouchers for the value of our enlightened institutions.
This is, incidentally, why embargoes are such terrible policy for promoting desired changes.

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