A Beacon for the Blind: Being a Life of Henry Fawcett, the Blind Postmaster-GeneralHolt, Winifred
History
A Beacon for the Blind: Being a Life of Henry Fawcett, the Blind Postmaster-General
Holt, Winifred
Fawcett, Henry, 1833-1884
He proved the teachings of Ricardo and Mill by what he had learned from
the conditions of the country folk about Salisbury and Cambridge. He was
wont to base his arguments on some homely, definite fact as illustration
for his plain, home-made reasoning; for instance, he objected to a
certain increased tax because it meant that every old woman in England
would have a lump of sugar the less in her tea. That was the concrete
thing on which he based his policy; and surely it is not one to be
overlooked by a true statesman. He supplemented his knowledge by
studying inexhaustibly the political, financial and economic movements
of his time, and delighted in spending a quiet Sunday reading through
all the newspapers he could collect. His appetite for them was
insatiable, and he felt that he had been defrauded if his friends, when
reading the Parliamentary debates, skipped any of even ‘the blow off,’
as they called the peroration.
He enriched his mind less by a pre-occupation with the abstract theory
of Political Economy than by keeping constantly in touch with the
affairs which were in actual course of transaction.
[Sidenote: _Free Trade and Protection._]
He was keenly interested in all those questions where political economy
borders on finance. His book, _Free Trade and Protection_, published
fifteen years after his first, assailed the tariff fetish dear to his
generation. Terse and masterly, his publication became popular, and was
regarded by many of the critics of his day as conclusive. In it he
limited the problem to what he deemed its practical viewpoint. To him
this was purely a commercial one, a question of profit and loss. Was
protection profitable or not? He found that, sporadic evidence at times
to the contrary, protection was not a paying business, and that it would
only be maintained in the long run by a loss to the community, and
therefore he considered it an obstruction in the way of progress,
capital, and the general weal.
[Sidenote: The Luxury of Light.]
Public-domain text, read in full here on John Shaqi.
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