=260. Customs policy.=—The customs policy of the period was governed
by mercantilist ideas, described in an earlier chapter. The government
drew a considerable portion of its revenue from the customs duties,
but nevertheless subordinated the collection of revenue to other
considerations in framing the tariff, and regarded it chiefly as a
means of building up national power in contest with other states. To
further this end the importation of manufactured wares was in many
cases taxed or prohibited, that foreigners might not draw money for
work which Englishmen were thought competent to do. Raw materials, like
wool, which could be used as the basis of English industries, were kept
in the country by duties or prohibitions on export; while the export of
other wares, which put foreigners in debt to England, was encouraged.
Other measures, now inconceivable, were designed to stimulate certain
industries; an Englishman could be buried only in a woolen shroud; a
Scotchman only in Scotch linen; buttons and button-holes were regulated
by legislation; English ships must carry English sails.
=261. Burden of the tariff.=—In a sense it is wrong to speak of
any “system” of customs policy at this time, for the tariff, by
constant changes, had become extraordinarily confused, and included
many inconsistencies. “The collection and administration of such a
complicated system was most wasteful; while the taxes, when taken
together, were so high as to interfere seriously with the consumption
of the article and to offer a great temptation to the smuggler.” The
most rigorous measures failed to stop the smuggling which brought into
England a large proportion of the goods on which duties or prohibitions
were imposed. Reforms attempted by different statesmen alleviated
to some extent the burden of the tariff on merchants, but left it
still so heavy and cumbrous that with the advances of the nineteenth
century it was felt to be intolerable. In this period almost no one
thought of free trade. The tariff undoubtedly stimulated the growth of
certain industries (silk, for example), but it is noteworthy that the
cotton industry, which was destined to become the most important of
any in England, grew up not only without any favor but under actual
discouragements.
Public-domain text, read in full here on John Shaqi.
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