Frédéric Bastiat：Economic Sophisms, Excerpt 148

And by this process we should have saved the 200 millions which the railway cost, plus the expense of Customhouse surveillance, for this last would be reduced in proportion to the diminished encouragement held out to smuggling.

Source： https://www.gutenberg.org/ebooks/44145
Locator：Excerpt 148 · Verified：2026-10-19 · Verification：Short excerpt

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