[To the Editor of the SPECTATOR.]
hope, but can scarcely believe, that your correspondent who signs himself " A Safeguarder " thinks out the facts of his policy more carefully than he read the article which he criticizes. He says, " You suggest that the statement that `the more an industry produces the more cheaply can it produce ' cannot ' survive the strain of experience.' " I was amazed to learn that the Spectator should have made such a suggestion—quite contrary to its teaching during many years—but when I read your article I found that what you had said was that you would be " the last to dispute the principle that the more an industry produces the more cheaply can it produce. You then suggested that there must be " a flaw somewhere " in many of the " engaging calculations " which safeguarders base upon that prineiple.—I am, Sir, &c., ANTI-SAFEGUARDER.
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