Published in 1963: The object of this monograph is to trace the beginnings of Protectionism in England. Towards the last quarter of the seventeenth century, the Mercantile system became increasingly protectionist in aim, and this is disclosed by the numerous controversies that raged in the sphere of foreign trade at the time.
Table of Contents
1. Mercantilism in the Seventeenth Century 2. The Consumption of Indian Textiles in England 3. The Discontent of English Industries 4. Protection versus Free Trade 5. The Prohibition of Indian Textile Imports 6. The Fortunes of the Calico Trade (1700-1719) 7. How Protectionism Finally Triumphed
P. J. Thomas, Parekunnel was the first economic advisor of independent India. He was a Member of the Madras Legislative Council and later Member of the upper house (Rajya Sabha) of the Indian Parliament.