Excerpt from The Customs Union Question
I. Reasons for the Commercial Federation of the Empire.
I know of no subject which even approaches in importance this question of Fiscal Reform, or in other words, the terms upon which we shall do our vast import and export trade with our Colonies and foreign nations. And yet there is no question which is so little discussed among us. I remember the time when it was sufficient to utter the watchword Free Trade in order to scare away all argument. That time has passed away, and a more intelligent and temperate attitude is being assumed towards this momentous question.
The reasons for this more tolerant attitude are not far to seek.
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