Blackwood's Edinburgh Magazine, Vol. 68, No 422, December 1850Various
General
Blackwood's Edinburgh Magazine, Vol. 68, No 422, December 1850
Various
England -- Periodicals; Scotland -- Periodicals
"The superior importance of the home market for all that the
manufacturing industry of Great Britain produces, compared to
what the foreign market, including even the colonial, takes off,
furnishes one of the strongest arguments against the abolition
of the Corn Laws.... The home consumpt, not the foreign, is
undeniably that which the great mass of British manufacturing
labour and capital is engaged in supplying. Take away from the
home consumers the means to consume--that is, the high and
artificial value of their labour, or rate of wages produced by the
working of the Corn Laws--and you stop this home market. You cut
off the spring from which it is fed. You sacrifice a certain home
market for an uncertain foreign market. You sacrifice four-fifths
for the chance of augmenting one-fifth. If the one-fifth,
the foreign consumpt, should be augmented so as to equal the
four-fifths--the home consumpt--it would still be a question of
very doubtful policy whether it should be so augmented: whether
the means of living of so large a proportion of the productive
classes should be made to depend so entirely upon a demand which
political circumstances might suddenly cut off," &c.[36]
Knowing the opinions held by Mr Laing to be thus adverse to that change
of the law which virtually gave to the _metayeur_ or proprietor of
Holstein, Pomerania, or Poland, a preference in Mark Lane over the
farmer of Norfolk or Lincolnshire, it was with some surprise, and some
apprehension for the consistency of the author, that, in turning over
the table of contents of the volume before us, we came to the following
heading:--"On the abolition of the Corn Laws _as a Conservative
measure_ for the English landed interest."
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account