text_original: Economically, his measures were strictly  j n accord? ^ with the old theory; high, sometimes piv>v* >itive, tairTfe guarded the frontier and protected the producer ; privileges and monopolies were used to excite industry ; royal establish  \ t 1748 57 THE EARLY REFORMS 75 ments, loans, and premiums created fresh forms of manufacture irrespective of the natural demand.
text_transcription: ECONOMICALLY HIS MEASURES WERE STRICTLY IN ACCORDANCE WITH THE OLD THEORY HIGH SOMETIMES PROHIBITIVE TARIPS GUARDED THE FRONTIER AND PROTECTED THE PRODUCER PRIVILEGES AND MONOPOLIES WERE USED TO EXCITE INDUSTRY ROYAL ESTABLISHMENTS LOANS AND PREMIUMS CREATED FRESH FORMS OF MANUFACTURE IRRESPECTIVE OF THE NATURAL DEMAND
phonemes: ˌiːkənˈɑːmɪkli, hɪz mˈɛʒɚz wɜː stɹˈɪktli dʒˈeɪ ˈɛn ɐkˈɔːɹd? wɪððɪ ˈoʊld θˈiəɹi; hˈaɪ, sˈʌmtaɪmz pˈɪv vˈiː ˈæstɚɹˌɪsk ˈɪɾɪv, tˈɛɹ tˌiːˌɛfˈiː ɡˈɑːɹdᵻd ðə fɹʌntˈɪɹ ænd pɹətˈɛktᵻd ðə pɹədˈuːsɚ ; pɹˈɪvᵻlɪdʒᵻz ænd mənˈɑːpəliz wɜː jˈuːzd tʊ ɛksˈaɪt ˈɪndʌstɹi ; ɹˈɔɪəl ɪstˈæblɪʃ bˈækslæʃ tˈiː wˈʌn θˈaʊzənd sˈɛvənhˈʌndɹɪd fˈɔːɹɾi ˈeɪt fˈɪfti sˈɛvən ðɪ ˈɜːli ɹᵻfˈɔːɹmz sˈɛvənti fˈaɪv mˈɛnts, lˈoʊnz, ænd pɹˈiːmiəmz kɹiːˈeɪɾᵻd fɹˈɛʃ fˈɔːɹmz ʌv mˌænjuːfˈæktʃɚɹ ɪɹᵻspˈɛktɪv ʌvðə nˈætʃɚɹəl dᵻmˈænd.