Blackwood's Edinburgh Magazine, No. 401, March 1849Various
Science
Blackwood's Edinburgh Magazine, No. 401, March 1849
Various
England -- Periodicals; Scotland -- Periodicals
"When I came here," said he characteristically, "I heard a
great deal about the improvement of trade in the country. But
I went home on Saturday, and there was not a man I met who
had experienced any of this improvement in trade. On the
contrary, every one said that trade was flat and
unprofitable, and that there was no prospect of improvement
because they were so much competed with by foreign
manufacturers. This very morning I met with one of my
travellers, who had just returned from the north of Germany;
and I asked him what was the state of trade. 'Oh,' said he,
'there is plenty of trade in Germany, but not trade with
England. They manufacture goods so cheaply themselves, that,
at the prices you sell, low as they are, you cannot compete
with the Germans.' I will tell the House another curious
thing. About three or four years ago, the glassmakers of
Birmingham were very anxious for free trade, and, though I
warned them that I did not think they could compete with
foreigners, yet they were quite certain they could. Well, I
introduced them to the minister of the day--the right
honourable baronet the member of Tamworth--when, to my horror
and astonishment, they asked, not for free trade, but for
three years of protection. Why, I said to them, I thought you
were for free trade? 'Yes,' they replied, 'so we are; but we
want the three years of protection to prepare us for free
trade.' Now, on Saturday last, I received a letter from one
of the leading manufacturers, stating that the import duties
on flint-glass would expire very soon, and with those duties
the trade in this country, he feared, was also in great
danger of expiring, owing to the produce of manufactures
being admitted duty-free into this country, while they had
protective duties in their own, thus keeping up the price at
home by sending over the surplus stock here. The letter
concluded by requesting that the protective duties, which
were about to expire, might be renewed. The improvement in
trade, which was so much talked of, is not an improvement in
quality, but an improvement in quantity: there are half a
dozen other trades which have vanished from Birmingham,
because of the over-competition of the Continent. And,
strangely enough, the manufactures that have been the most
injured are those which last week were held up by the public
press as in a most flourishing condition!"
Public-domain text, read in full here on John Shaqi.
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