ON OVER-MANUFACTURING.
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upon particular ships, and forcing them from the trade, is now divided evenly amongst them; and the loss thus created is shared by the whole number."—Report, p. 6.
(297.) It is not pretended, in this short view, to trace out all the effects or remedies of over-manufacturing; the subject is difficult, and, unlike some of the questions already treated, requires a combined view of the relative influence of many concurring causes.