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
Go to the towns or the manufacturing districts, and ask how they are
prospering. The cotton trade is threatening to shut up. The travellers
are returning disconsolate to their employers with the news that orders
are every day becoming more scarce, and money payments even scarcer.
There is no joy or exultation now in Leeds or Bradford. The journeymen
operatives are combining against the slop system. The _Morning
Chronicle_ harrows up the feelings of its readers, by tearful tales of
the misery and destitution which prevails throughout the large towns of
the empire, and no human being can deny the truth of the appalling
statements. Scottish philanthropists, on their midnight visits to the
wynds of Edinburgh, are struck with amazement at the squalor and vice
which they encounter, and not less with the shoals of destitute
creatures who are hurrying, with perverse infatuation, from the free
open country to the fated atmosphere of a loathsome city garret. They
want to check the stream, and drive the current back again. But whither?
In the country there is no work for these people. Machinery has forced
the hand-loom from the villages; Free Trade is reducing the wages of the
spade to nothing. From the Western Highlands, and from Ireland, those
who have money enough left to secure a passage on ship-board are
emigrating by thousands—it is, we are told by a correspondent, the
briskest trade in Liverpool. Those who have no money left are trooping
to the towns, with the prospect before them of a fate which might rend
the heart of the most callous. Who would wish to be a statesman, if for
the consequences of all his deeds he must be held accountable hereafter?
Ask the master-manufacturers themselves how they are getting on, now
that they have succeeded in their darling scheme of securing cheap food,
and paralysing the home trade? You may ask if you will, but you will
hardly obtain an answer, save through the medium of the trade circulars,
all filled with dismal forebodings. Were another Cobden testimonial to
be proposed just now, the subscriptions would scarcely purchase many
shares in the most depreciated of the lines.
Ask the gentlemen of the railway interest, what cause is in operation to
crush down their traffic and annihilate their dividends? They will tell
you to a man that it is the universal agricultural depression. Ask the
iron-masters how they are thriving? At this moment they are trembling
for the stability of their colossal fortunes.
Public-domain text, read in full here on John Shaqi.
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