Blackwood's Edinburgh Magazine, Vol. 71, No. 438, April 1852Various
History
Blackwood's Edinburgh Magazine, Vol. 71, No. 438, April 1852
Various
England -- Periodicals; Scotland -- Periodicals
Is this a policy to be pursued? Is it one which we are justified in
pursuing? Is it one which can afford the slightest pretext for
agitation? The answer to these questions must ere long be given by the
country on the occasion of the general election. In the mean time, we
would entreat the constituencies to consider what interests are at
stake, and how much of the national welfare depends upon the nature of
their decision. The symptoms of general decadence which we have just
referred to cannot be gainsayed nor denied. They are clear ascertained
facts, which we have, over and over again, defied the Free-Traders to
account for or explain, consistently with their prosperity theories; but
in no one instance yet has the challenge been accepted. We are not
surprised at this backwardness. Reckless as are the champions of the
League--unscrupulous as are their advocates--cunning and sophistical as
are the compilers of returns--slippery as are the Whig officials--it
would require more courage, craft, and ingenuity than belong to the
whole body, to account satisfactorily for the one fact of the diminution
of the value of the property assessed for trades and professions. While
this fact remains unimpeached--and we have it on Parliamentary
authority--it is absolute trash and childish babble to tell us about
increased exports and imports. Here are the detailed returns. They
comprise, as we have already said, the whole commercial profits of the
kingdom; and if we should seem to insist, more strongly than is our
wont, upon this point, our apology lies in its paramount importance.
PROPERTY ASSESSED FOR TRADES AND PROFESSIONS.
1843, £63,021,904
1848, 60,068,090
1850, 54,977,566
Can there be a more bitter commentary on the working of Free Trade--a
more decisive summary of its effects--than is contained in the above
three simple lines?
Public-domain text, read in full here on John Shaqi.
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