MODERN MERCAN?IL?$M IN INDIA They all preached th?)?t and a living ?o reduce imports and leave por?. They although ?his is foreign ?rade. The grea? outstanding parallels to ?hese lis? ideas ?re found in Indi? finuous cry for government low standard of a surplu? for ex- They preached that every man ought to work. thought each nation ought to be self. su?cient not consistent with an increasing Merc?n?i- to-day in ?he con- aid to industries, in the exaltation of industrial over agriculturat develop,. m?mt, and in ?he desire for eZl?ort and import duties. There is a continuous cry ?hat wi?hou? ?he help of ?he governmen? nothing can be done. Wi?hou? technical knowledge, ?he governmen? mus? give assis- tance. Some use ?he parable of ?he cripple and ?he blind man, saying ?he people are crippled, ?he govern- men? blind, and ?he cripple mus? ride on ?he blind s?rong man's shoulders and guide both ou? of ?he forest. Bu? more often ?he governmen? is asked ?o
provide the eyes also and lead the way in showing wha? industries will be should be managed, be obtained. Thus profitable, and how ?hey and where ?he raw ma?eris, ls can ?here is ? eons?n? demand for s?a?e financial aid, s?a?e initiative s?a?e patronage, and s?a?e instruction along of commerce and ?eehnology. ?or and exper? advice, all lines But on the other hand, there is ahnost no demand the strict regulation and control which the Meroan?ilis?s for Sta?e economIC. mee? ?he ?h?n for expor?; ?nd ?he s?ke advocated, unless i? be in railways which demand extreme poverty is as much for cheapness of ?he the demsnd favor of c1?8e8 the demand political as exists consumers, for quMi?y is to rather is for of competing with imported goods for the the wealthier consumers. Even in flagrant of adulteration and bad paten? medicines, ?ere
