A history of economic doctrines : $b from the time of the physiocrats to the present dayGide, Charles
History
A history of economic doctrines : $b from the time of the physiocrats to the present day
Gide, Charles
Economics -- History
The Act of Union of 1800 had ensured the economic unity of the British
Isles. The union of England and Scotland was already a century old, and
Smith regarded it as “one of the chief causes of the prosperity of Great
Britain.”[568] France had accomplished the same end by the suppression of
domestic tariffs in 1791. But Germany even in 1815 was still a congeries
of provinces, varying in importance and separated from one another by
tariff walls. List, in the petition which he addressed in 1819 to the
Federal Assembly in the name of the General Federation of German Trade
and Commerce, could reckon no less than thirty-eight kinds of tariffs
within the German Confederacy, without mentioning other barriers to
commerce. In Prussia alone there were no fewer than sixty-seven different
tariffs.[569] “In short,” says List in another petition, “while other
nations cultivate the sciences and the arts whereby commerce and industry
are extended, German merchants and manufacturers must devote a great part
of their time to the study of domestic tariffs and taxes.”[570]
These inconveniences were still further aggravated by the complete
absence of import duties. The German states were closed to one another,
but, owing to the absence of effective central control, were open to
other nations—a peculiarly galling situation on the morrow of the
Continental Blockade. The peace treaty was scarcely signed when
England—so long cut off from her markets and forced to over-stock her
warehouses with her manufactured goods—began to flood the Continent with
her products. Driven from France by the protective tariff established
by the Restoration Government, these goods, offered at ridiculously low
prices, found a ready market in Germany.
The German merchants and manufacturers became thoroughly alarmed, and
there arose a general demand for economic unity and a uniform tariff.
Public opinion urged a reform which appeared to be the first step in
the movement towards national unity. In 1818 Prussia secured her own
commercial unity by abolishing all internal taxation, retaining only
those duties which were levied at the frontier. Her new tariff of 10 per
cent. on manufactured goods, with free entrance for raw material, was not
regarded as prohibitive, and was actually approved of by Huskisson as a
model which the British Parliament might well imitate. But this reform,
confined as it was to Prussia alone, did nothing to improve the lot of
the German merchants elsewhere, for the Prussian tariff applied just as
much to them as to foreigners.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account