It must be clear that import competition is not the same as fair domestic competition. The latter was the objective of various legislative enactments from the Sherman Antitrust Act to the RobinsonPatman Act and. in the labor field. the Fair Labor Standards Act. et cetera. Import competition may confront domestic industry with prices that in this country could be achieved only by abolition of the minimum wage laws. child labor legislation. collective bargaining. and restrictive immigration laws. Since all domestic competition operates under these laws. it is conducted from an equal or nearly equal base and so produces beneficial results. by making industries dc their best. Import competition. for the reasons stated. is very different and may be very deadlythe exposure of the whole spectrum of domestic industry to such competition is not only unjustified. but dangerous to the economy.
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immigration