that if we were to surrender and secure our provision market to
foreign states, they would return the compliment by allowing us
to manufacture for them--in other words, that the foreigners were
to feed England, and England was to clothe the foreigners! This
precious scheme has since been avowed, seriously and gravely, by men
who have seats in the present House of Commons; and, so far as we
can understand their language, the philosophers of the _Edinburgh
Review_ consider this a most sensible arrangement!
The agricultural interest, however, was of too great magnitude to
be attacked at once. Several outworks were to be gained before
the citadel was summoned to surrender. Accordingly Mr Huskisson
began, and Sir Robert Peel continued, that system of commercial
relaxations, (which, some five-and-twenty years ago, was exposed
and denounced in this Magazine,) annihilating some branches of
industry and depressing others--pauperising whole districts, as in
the Highlands, and merging the villages in the towns--until the time
seemed ripe, and the opportunity propitious, for the accomplishment
of the grand design. It is not now necessary to dwell upon the
circumstances which attended the change in the Corn and Navigation
Laws--these are still fresh in the memory of all of us, and will
not soon be forgotten. Our object in this digression was simply to
remind you that Free Trade, in its insidious and stealthy progress,
has warred with other interests than those which belong to the
agricultural and the maritime classes.
Neither is it necessary at present to advert to the gross
inconsistencies of the system--to the restrictions which it still
continues upon that very branch of industry which it has laid bare
to foreign competition. Let us take the system as it is, of which
you have had now nearly three years' experience, dating from the
time when the ports were opened.
Three years constitute a long period for the endurance of a
commercial experiment. During that time you have had ample
opportunity of observing how the system has worked. Are you richer
or poorer than you were before the experiment began? If the former,
Free Trade has worked well; if the latter, it is a mischievous
delusion.
This is a question which you alone can answer--or rather, every man
must answer it for himself. But this much we may be allowed to say,
that, from what information we can gather regarding the state of
general trade--from the sentiments which we have heard expressed by
many of the most respectable of your own body--the experiences of
the last year have not been such as to give you much encouragement
for the future. If it is so, then you will do well to consider
whether or not you ought to lend that great political influence
which you undoubtedly possess, in support of a system which has not
only failed to realise the anticipations of its founders, but has
actually diminished in a great degree the power of purchase of the
community.
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.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account