And in answer to the common argument that, despite this rapid decline of
agricultural production, the general well-being of the people has
increased, Sir Fitzroy observes—
“Now, it has been asserted that the amount of poor-rates levied in the
kingdom has been less in the three years since the repeal of the corn
laws than in the three years before 1846. But let us look at the
amount necessarily levied for the poor in England and Wales during the
three years ending 1846, and the three years beginning in 1848 and
ending in 1850. In 1845, there was raised for the relief of the poor
£6,791,006. (“How much did the poor get out of that?”) I hope the
whole of it. This I know, that we paid it all. In 1846, the amount
raised was £6,800,623; in 1847, £6,964,825; in 1848, £7,817,430; in
1849,£7,674,146; in 1850, £7,270,493; and in 1851, £6,778,914; making,
therefore, in round numbers, a million sterling more than was levied
for the relief of the poor before the repeal of the corn laws. Now, it
is easy for manufacturers, for those well-paid labourers who have not
yet felt the dire and terrible effects of this fatal measure of
legislation, to point to themselves, and to laud and rejoice at the
increased prosperity of the country. I am not taking Manchester,
Liverpool, and Stockport, any more than I do the counties of Suffolk
or Essex, but I am taking the entire kingdom; and so far from the
system of Free Trade having increased the general prosperity of the
country, we find that £1,000,000 a-year more has been required for the
support of the poor since than before the repeal of the corn laws, and
before the entire system of Free Trade had arrived at its completion.
But there is one more criterion by which to judge of the effects of
Free Trade. No one will deny that the general prosperity of the
country, and the amount of deposits in the savings banks, always
proportionately increase. It is always important to see, whether what
are called the lower, but I would rather say the labouring classes—a
most important class, for on their labours depends not merely the
well-being but the very existence of the rest of the community—it is
always important to see whether, after any great legislative changes,
they are really so far benefited as to be able to confer that great
advantage on their families of increasing their deposits in the
savings banks. Now, in 1844, the amount of deposits was £29,504,861;
in 1845, £30,748,868; and in 1846, £31,743,250. Here we arrive at the
dividing line, for in 1846 was passed the measure to which I am now
beseeching your cool and calm attention. In the same year it began to
operate on that numerous class who contribute deposits to the savings
banks, and let us see what was the result. In 1847, the amount fell
from £31,743,250 to £30,207,180; in the next year it was £28,114,136;
in 1849, it was £28,537,010; and in 1850, £27,198,563. This is the last
Public-domain text, read in full here on John Shaqi.
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