Blackwood's Edinburgh magazine, Vol. 71, No. 439, May, 1852Various
History
Blackwood's Edinburgh magazine, Vol. 71, No. 439, May, 1852
Various
England -- Periodicals; Scotland -- Periodicals
on the subject of the cheap loaf in connection with the rate of wages,
and the prosperity of the home trade. Surely the Free-Traders can have
no reason to object to this. They ground their case on philanthropy and
regard to the interest of the poor and labouring man, and in that
respect we are both agreed. Well then;—if, as we think and say,
agricultural distress, occasioned by the low prices which have prevailed
in consequence of the large importations of foreign corn, has had the
effect of lessening employment generally throughout the country—a
position which, in our mind, is much strengthened by the enormous and
unprecedented increase of emigration—surely that proposition is capable
of tangible proof or equally distinct refutation. Let us know, from
authentic sources, not from partial or interested assertion, whether,
along with the cheap loaf, the people have had full and remunerative
employment—whether the condition of the working-classes and of the home
interests has been improved by the change or not. The inquiry
undoubtedly would be an extended, but at the same time a most valuable
one. It would necessarily, in order to arrive at a fair and thorough
understanding of the subject, embrace the present state of every trade
as contrasted with that of former years—it would show us in what way the
home market has been affected by what we must still be allowed to term a
diminution of the means of the purchaser. Surely such a subject as this
is well worth the pains of inquiry. Parliament cannot be better occupied
than in receiving evidence upon the condition of the people. And we
cannot rate too highly, either for the present or the future, the
importance of such an investigation in checking and correcting, or, it
may be, in confirming the doctrines of political economy, as they are
usually quoted and received.
Some, no doubt, may be interested in opposing such an inquiry. We have
little expectation that the Manchester men will accede to any such
reasonable proposal; for, as we have already said, we regard this outcry
of theirs for wild and sweeping reform simply as a ruse to withdraw the
attention of the public from the disastrous effects of their lauded
commercial system. Lord John Russell and his immediate Liberal followers
would probably oppose such an inquiry as impious, because casting a
doubt on the infallibility of Whig tradition. But we are convinced that
sensible and moderate men, of every shade of opinion, would rejoice to
see this vexed question brought to something like a practical test; so
that, whatever policy England may pursue for the future, it shall at
least have for its object that of promoting the welfare and the
happiness of the people.
_Printed by William Blackwood & Sons, Edinburgh._
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Footnote 1:
_Notes on the Distribution of Gold throughout the World._ London:
JAMES WYLD, 1851.
Footnote 2:
Public-domain text, read in full here on John Shaqi.
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