You may have heard it said--for it has been often written--that it
signifies little to the people of this country from what source they
receive their bread. It is worth your while to examine into this.
That a loaf baked of American flour, grown in the valley of the
Mississippi, may taste quite as well in the mouth of the consumer as
a loaf of English material is a circumstance which we can readily
believe; but is this all that is to be considered? Does the American
bear any part of our national taxation? Does he contribute, directly
or indirectly, to the burdens which are common to the British
producer? Does he deal with any of you, and can you call him a
customer? These are the questions which you ought to ask yourselves,
in making up your minds on this matter; and if you will only examine
the subject patiently and dispassionately, your own common sense
will lead you to a just conclusion. Let us suppose that all the food
which you purchase and consume was grown on a foreign soil, and
admitted free of duty. You might then have cheap bread, but, as a
necessary consequence, you would lose more than half your customers.
Unless people have money they cannot buy; and if agricultural
production were to be abandoned in the British islands, all those
who derive their incomes--not only directly, but indirectly--from
the soil, would necessarily be stripped of their means. Are you
aware of the fact that, on a minute analysis of the census of
1841, it appeared that the relative numbers of the population of
Great Britain and Ireland, supported and maintained by the two
great sources of production, agriculture and manufactures, were as
18,734,468, dependent on the first, to 8,091,621, dependent on the
second? Do you believe that the country can remain prosperous, if
you strike a deathblow at the produce which maintains more than
two-thirds of its inhabitants?
Let us go a little farther, and suppose--what may hereafter be the
case--that other countries could undersell us in the home market in
the article of manufactures--that America, France, or Germany could
send us cotton and woollen stuffs, and other ware, cheaper than we
could make them at home. In that case, where would be the sources
of our income? All industry would be prostrated--for you know very
well that a losing trade will not and cannot be carried on long, and
that the time will soon arrive when, through the failure of capital,
it must be abandoned. In such an event, what would become of our
population, with their labour entirely destroyed? How could the
taxes be levied, and the expenses of government paid, to say nothing
of the interest of the National Debt? Great cheapness you would
have, no doubt, but nobody would be able to buy.
Public-domain text, read in full here on John Shaqi.
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