Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: Ill THE OPEN DOOR IN INTERNATIONAL TRADE AS AN INFLUENCE FOR PEACE—ECONOMIC WAR AND PRIVILEGE A CERTAIN CAUSE OF INTERNATIONAL UNREST WHAT may, for convenience, be called the open door policy of international trade does not necessarily imply the total abandonment of tariffs, either for revenue or indeed for protection, if that which is to be protected is in each case conceived as a really human and not merely a money interest. In so far as tariffs are levied by any nation as a necessary means of raising reyenue, or in so far as they are, in the judgment of any nation, necessary to the protection of the standard of living of wage-earners or to the diversification of industry, and in so far as they apply equally to all nations, they are compatible with the open door policy in the broad sense. What the open door policy does involve is a changed point of view on the part of those nations which like Germany, France, and the United States, have been too largely under the domination of the notion that all imports are harmful, and that they displace an equal amount of home-made products. So long as any one great nation holds to the false theory that international trade is a mere casual incident to a nation'sbusiness, and sometimes even a detriment to it, just so long will other great nations hold aloof and keep their excluding tariff walls more or less in repair. Whatever is done to make international trade more easy and more general must be done by the common consent of the great commercial nations of the world. There can be little doubt that false and misleading views of international trade have had more to do with the development of those international rivalries and suspicions which preceded and made possible the present war than any other single cause. How to remove these riv...