Canada had now to accept the perfect freedom of trade which the mother
country had at length adopted for herself. [Sidenote: 1846-50 A.D.]
All restraints were now withdrawn; all duties which bestowed upon the
colonist advantages over his foreign rival ceased. The Canadians might
now buy and sell where they chose. Foreign ships were now free to sail
the long-forbidden waters of the St. Lawrence. The change was not, in
the outset, a welcome one. The Canadians were not fully prepared for an
open competition with their neighbours of the United States. For a time
trade languished, and there was a loud and bitter cry that the mother
country disregarded the interests of her dependency. But the wholesome
discipline of necessity taught the Canadians self-reliance. The
adoption of a policy of unaided and unrestricted commerce inaugurated
for the Canadians a period of enterprise and development such as they
had not previously known.
After some years of steadily growing commerce, the Canadians bethought
them of the mutual benefits which would result from freedom of
trade between themselves and their neighbours of the United States.
[Sidenote: 1854 A.D.] Lord Elgin, who was then Governor-General, was
able to arrange a treaty by which this end was gained. The products of
each country were admitted, without duty, to the other. The Americans
gained free access to the great fisheries of Canada, to the rivers
St. Lawrence and St. John, and all the canals by which navigation was
facilitated. For eleven years this treaty remained in force, to the
advantage of both the contracting powers. But the idea of protection
had gained during those years increased hold upon the minds of the
American people. [Sidenote: 1866 A.D.] The American Government now
resolved to terminate the treaty. Grave inconveniences resulted to many
classes of Americans. The New England States missed the supplies of
cheap food which their manufacturing population received from Canada.
The brewers of New York and Philadelphia had to find elsewhere, and
at higher prices, the barley which Canada was accustomed to send.
Woollen manufacturers could not obtain the serviceable varieties of
raw material which the flocks of their northern neighbours supplied.
Railway companies experienced the sudden loss of a large and lucrative
traffic. Canada did not suffer materially by the termination of the
Reciprocity Treaty. She found new outlets for her products, and the
growth of her commerce was not appreciably interrupted.
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