Story: Customs and tariffs

Attack on protection

Attack on protection

Colonial Treasurer Julius Vogel proposed a protective tariff on corn and dairy products in 1869 – but the measure was defeated, attracting the scorn of newspaper editorials. The Nelson Examiner claimed on 10 December 1870 that Vogel’s arguments had ‘the unsteady inconsistent effect of images seen across sand-hills’. Economist John Stuart Mill was the high priest of free trade, and in his Principles of political economy had suggested that some protection might be legitimate for a short time in a young nation where industries needed to get established. But the Examiner points out that agriculture was not a new or untried experiment in New Zealand, and should not qualify for protection.

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National Library of New Zealand, Papers Past
Reference: Nelson Examiner and New Zealand Chronicle. 4 January 1871, p. 4

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How to cite this page:

Tony Simpson, 'Customs and tariffs - Encouraging local industry', Te Ara - the Encyclopedia of New Zealand, (accessed 18 June 2024)

Story by Tony Simpson, published 11 Mar 2010