Frédéric Bastiat：Economic Sophisms, Excerpt 98

It appears evident to me that the nature and effects of protection would not be changed, were the State to levy a direct tax and distribute the money afterwards in premiums and indemnities to the privileged branches of industry.

Source： https://www.gutenberg.org/ebooks/44145
Locator：Excerpt 98 · Verified：2026-10-19 · Verification：Short excerpt

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