We are not of the number of those who would contend that, under all
times or circumstances, should a principle, or rather the system built
upon a principle, be rigorously upheld in its application intact, sacred
equally from modification on the one hand, as against radical revolution
on the other. It cannot be denied that, under the protective system,
have grown into their present gigantic proportions all the great
manufacturing interests of Great Britain. But, with customary hardihood
of assertion, maintain the economists--in whose wake follow the
harder-mouthed, coarser-minded Cobdens of the League--although
manufactures have flourished under such a system to an extent which has
constituted this country the workshop of the world, they have so
flourished in spite of the system; and, in its absence, left exposed to
free unrestricted competition from abroad, must inevitably have
progressed at a more gigantic rate of speed still. This is asserted to
be in the order of nature, but as nature is every where the same--as the
same broad features and first elements characterize all countries more
or less alike--we ask for examples, for one example only, of the
successful establishment and progress of any one unprotected industry.
The demand is surely limited, and reasonable enough. The mendacious
League, with the Brights and Cobdens of rude and riotous oratory, are
daily trumpeting it in the towns, and splitting the ears of rural
groundlings with the reiterated assertion that, of all others, the
cotton manufacture owes nothing to protection. What!--nothing? Were
general restrictive imposts on foreign manufactures no protection? Was
the virtually prohibited importation of the cotton fabrics of India no
boon? of India, root and branch sacrificed for the advancement of
Manchester? Why, there are people yet alive who can recollect the day
when Manchester cottons could not have stood one hour's competition with
the free, or even 100 per cent taxed fabrics of India.[40] How, indeed,
could competition have been possible, with the wages of weaving and
spinning in India at three-halfpence per day, whilst for equal
quantities and qualities of workmanship, the British weaver was earning
five shillings, and the spinner ten shillings per day on the average? In
1780, Mr Samuel Crompton, the ingenious inventor of the mule frame for
spinning, such as it exists to this day, and is the vast moving machine
of cotton manufacturing greatness, stated that he obtained _fourteen_
shillings per lb. for the spinning and preparation of No. 40 yarn,
twenty-five shillings for No. 60, and two guineas for No. 80. The same
descriptions of yarns are now profitably making at prices ranging from
about tenpence to twentypence per lb. At the same period common calicoes
were saleable at about two shillings per yard, which now may be
purchased for threepence. Will it be said that the Indian spinner and
weaver by hand could not, at the same epoch, have produced their wares
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.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account