Blackwood's Edinburgh Magazine, Vol. 67, No. 415, May, 1850Various
History
Blackwood's Edinburgh Magazine, Vol. 67, No. 415, May, 1850
Various
England -- Periodicals; Scotland -- Periodicals
inspired by the same feelings and actuated by the same interests, the
scattered elements of British greatness and renown.
But apart altogether from Colonial considerations, the Reform Bill has
been productive of the most serious consequences to the internal economy
of this country. Under its benign operation the National Debt, instead
of being diminished, is augmented; whilst, at the same time, by a system
of ruinous cheapness, induced by the free admission of foreign produce
to compete in the home market with our own, incomes have been lowered by
nearly a half, and the means of paying the increased taxation have been
proportionably curtailed. We do not believe that the Whigs, while
straining every energy to carry the Reform Bill, meditated the
possibility of any such results. We have their own statements—at least
those of Lords Melbourne and John Russell—to the contrary; and even were
it otherwise, we are not disposed to attribute to that party so great a
share of political prescience, as to assume that they foresaw the
consequences of their own deliberate act.
It was, however, foreseen by others. In 1831, Mr Alison, arguing from
historical precedents, predicted that the natural effect of the passing
of the Reform Bill would be the repeal of the Corn Laws.
“When it is recollected,” wrote he, “that 300 English members of the
Reformed house are to be for the boroughs, and only 150 for the
counties, it may easily be anticipated that this effect is certain.
And in vain will the House of Peers strive to resist such a result:
their power must have been so completely extinguished before the
Reform Bill is past, that any resistance on their part would be
speedily overcome.
“This first and unavoidable consequence of this great change will at
once set the manufacturing classes at variance with the agricultural
interest; and then will commence that fatal war between the different
classes of society, which has hitherto been only repressed by the
weight and authority of a stable, and, in a certain degree, hereditary
government, composed of an intermixture of the representatives of
_all_ interests. When it is recollected that wheat can be raised with
ease in Poland at prices varying from 17s. to 20s. a quarter, and that
it can be laid down on the quay of any harbour in Britain at from 33s.
to 40s., it may easily be anticipated what a revolution in prices
will, in the _first instance_, be effected by this measure. We say in
the _first_ instance—for nothing seems clearer than that the
_ultimate_ effect will be, by throwing a large portion of British land
out of cultivation, and in its stead producing a more extensive growth
of grain on the shores of the Vistula, to restore the equilibrium
between the supply of corn and its consumption, and, by means of
destroying a large portion of British agriculture, raise the prices
again to their former standard.”
Public-domain text, read in full here on John Shaqi.
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