Crisis in the Country Last Year

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The proposals of the Bill to protect the home market, to knit the Empire together in one economic unit, to have a tariff as a means of bargaining power, to facilitate the export trade, to tax foreign imports in order to provide revenue—none of these proposals is new: they are proposals which have been part and parcel of our political and economic controversies for many years, and they would continue to be part and parcel of our controversies for many years to come, if it had not been for the rising of a Crisis in the Country Last Year.

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