An Introduction to the Industrial and Social History of EnglandCheyney, Edward Potts
History
An Introduction to the Industrial and Social History of England
Cheyney, Edward Potts
Great Britain -- Economic conditions; Great Britain -- Maps; Industries -- Great Britain
influence of the natural breaking down of an outgrown system, of the
new conditions which were arising, and of pure theory were combined
cannot of course be distinguished. All were present. Besides this
there is always a large number of persons in the community who would
be primarily benefited by a change, and who therefore take the
initiative or exercise a special pressure in favor of it.
The Navigation Acts began to go to pieces in 1796, when the old rule
restricting importations from America, Asia, and Africa to British
vessels was withdrawn in favor of the United States; in 1811 the same
permission to send goods to England in other than British vessels was
given to Brazil, and in 1822 to the Spanish-American countries. The
whole subject was investigated by a Parliamentary Commission in 1820,
at the request of the London Chamber of Commerce, and a policy of
withdrawal from control determined upon. In 1823 a measure was passed
by which the crown was empowered to form reciprocity treaties with any
other country so far as shipping was concerned, and agreements were
immediately entered into with Prussia, Denmark, Hamburg, Sweden, and
within the next twenty years with most other important countries. The
old laws of 1660 were repealed in 1826, and a freer system
substituted, while in 1849 the Navigation Acts were abolished
altogether. In the meantime the monopoly of the old regulated
companies was being withdrawn, the India trade being thrown open in
1813 and given up entirely by the Company in 1833. Gradually the
commerce of England and of all the English colonies was opened equally
to the vessels of all nations.
Public-domain text, read in full here on John Shaqi.
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