As for a total repeal of the corn-laws, no thinking man believes that
there is the remotest prospect of such a thing; but many imagine that
a fixed duty would be a great change for the better, and a safe sort
of compromise between the two extreme parties. Can any thing be more
fallacious? We hesitate not to express our opinion, that the idea of
maintaining a fixed duty on corn is an utter absurdity, and that Lord
John Russell and his friends know it to be so, and are guilty of
political dishonesty in making such a proposal. They affect to be
friends of the agricultural interest, and satisfied of the necessity
for protection to that body; and yet they acknowledge that their
"_fixity_" of duty is of precisely the same nature as the "finality"
of the Reform bill, viz.--to last only till the first pressure shall
call for an order in council. Does any one in his senses believe that
any Minister could abide by a fixed duty with corn at the price of
70s., with a starving, and therefore an agitating and rebellious
population? A fixed duty, under all times and circumstances, is a
glaring impossibility; and, besides, is it not certain that the period
for the issue of an order in council will be a grand object of
speculation to the corn importer; and that he will hoard, and create
distress, merely to force out that order? And the issuing of that
order would depend entirely on the strength or the necessity of the
Minister: on his "Squeezableness"--his anxiety for popularity. Does
the experience of the last ten years justify the country in placing
confidence, on such a point, in a _Whig_ Ministry? In every point of
view, the project of a fixed duty is exposed to insuperable
objections. It is plain that on the very first instant of there being
a pressure upon the "fixed duty," it must give way, and for ever. Once
off, it is gone for ever; it can never be re-imposed. Again, what is
to govern the _amount_ at which it is to be fixed? Must it be the
additional burden on land? or the price at which foreign countries,
with their increased facilities of transport, and improved cultivation
of their soil, would be able to deliver it in the British markets?
What _data_ have we, in either case, on which to decide? Let it,
however, always be borne in mind, by those who are apt too easily to
entertain the question as to either a fixed duty, or a total repeal of
duty, that the advantages predicted by the respective advocates of
those measures are _mere assumptions_. We have no experience by which
to try the question. The doctrines of free trade are of very recent
growth; the _data_ on which its laws are founded are few, and also
uncertain. And does any one out of Bedlam imagine, that any Minister
of this country would consent to run such tremendous risks--to try
such experiments upon an article of such immense importance to its
well-being? Let us never lose sight of Lord Melbourne's memorable
words:--"Whether the object be to have a fixed duty, or an alteration
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