It is no matter of surprise that the corn-laws were obnoxious to such
persons. With the agricultural interest they had no natural sympathy;
and being always able to command the monopoly of the home market, their
invariable effort has been to stimulate trade abroad to the very utmost
of their power. High wages interfered with their profits; and in order
to command the labour market, they formed their famous scheme for
reducing the price of food, by dealing a blow to agriculture at home,
and opening the ports to the admission of foreign corn. This cry was to
a certain degree popular, especially amongst those who were not
connected with their works; for the more intelligent of the operatives,
to their credit be it said, very early detected the selfishness of the
whole manœuvre, and saw, that with the price of food wages also would
inevitably decline. Foreign corn, however, was not enough for the
appetite of those grasping monopolists. They looked with envy on the
smaller non-exporting trades, who constituted a great portion of the
population, and who were defended in the home market, their only field,
by a reasonable scale of duties. It presently occurred to them, that if,
by any means this scale could be broken down, and the market inundated
with foreign manufactures, they might be enabled to export a larger
quantity of their own fabrics, reduce the price of articles which they
were personally inclined to consume, and finally reap another benefit by
cheapening labour—that is, by forcing a new class, through want of
employment, to compete with their former operatives. These we know to
have been the secret views of the League, and to these ends, for several
years past, they have bent the whole of their energies. How they have
succeeded, let the present state of the labour market tell. The tariffs
of 1846 were expressly framed in their favour. They have done half of
the anticipated work; for by the admission of foreign manufactures into
this country at a reduced rate of duty, they have thrown many thousands
of industrious handicraftsmen into the streets. The small shopkeeper has
been reduced from an employer into a mere retailer, and disaffection has
been engendered through the pressure of absolute misery.
Public-domain text, read in full here on John Shaqi.
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