Excerpt from The Wisdom of the Wise: Three Lectures on Free Trade Imperialism
To try to take opponents at their best seems to be a sound maxim of controversy. These lectures, which were delivered in Cambridge last term and repeated in Edinburgh and Glasgow during the Easter vacation, have been called forth by the utterances of recognised leaders among Free Trade Imperialists. To Tariff Reformers the wisdom of these wise men is not altogether convincing, though we go further with them than they seem to suppose. With Mr Strachey, indeed, we have little in common; but, in discussing our attitude to Economic Science, Mr Haldane has been curiously successful in blessing where he meant to ban; and Lord Rosebery, while speaking on the case of the Unemployed, has thrown out a suggestion which we are eager to put into effect.
I have added two appendices on cognate matters to which I could only refer in the lectures, and with which I had already dealt more fully. I desire to make my grateful acknowledgment for the valuable suggestions I have received while preparing these lectures from Dr L. Knowles of the London School of Economics; and also to Messrs Macmillan for their kindness in allowing me to reprint an article which originally appeared in their Magazine.
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