Our recent attempts, therefore, to introduce a general system of free
trade among nations have proved a signal failure, on the admission of the
most enlightened advocates for that species of policy. Nor have our
earlier efforts been more successful. Mr Huskisson, as it is well known,
introduced, full twenty years ago, the system of free trade, and repealed
the navigation laws, in the hope of making the Northern Powers of Europe
more favourable to the admission of British manufactures, and materially
reduced the duties on French silks, watches, wines, and jewellery, in the
hope that the Government of that country would see the expedience of
making a corresponding reduction in the duties levied on our staple
manufactures in the French harbours. But after twenty years' experience of
these concessions on our part, the French Government are so far from
evincing a disposition to meet us with a similar conciliatory policy, that
they have done just the reverse. Scarce a year has elapsed without some
additional duty being imposed on our fabrics in their harbours; and the
great reductions contained in Sir R. Peel's tariff were immediately met,
as already noticed, by the imposition of an additional and very heavy duty
on British linens. Nay, so far has the free trade system been from
enlarging the market for our manufactures in Europe, that after twenty
years' experience of its effects, and an increase over Europe generally of
fully a third in numbers, and at least a half in wealth, it is an
ascertained fact, that our exports to the European-States _are less than
they were forty years ago_.[16] "That part of our commerce," says Mr
Porter, himself a decided free trader, "which, being carried on with the
rich and civilized inhabitants of European nations, should present the
greatest field for extension, will be seen to have fallen off in a
remarkable degree. The annual average exports to the whole of Europe were
_less in value by nearly twenty per cent_, on an average of five years,
from 1832 to 1836, _than they were during the five years that followed the
close of the war;_ and it affords strong evidence of the unsatisfactory
footing on which our trading regulations with Europe are established, that
our exports to the United States of America, which, with their population
of 12,000,000, (in 1837,) are situated 3000 miles from us across the
Atlantic, have amounted to more than half the sum of our shipments to the
whole of Europe, with a population fifteen times as great as that of the
United States of America, and with an abundance of productions suited to
our wants, which they are naturally desirous of exchanging for the produce
of our mines and looms."[17]
[16] _Foreign and Colonial Review_, Vol. i. p. 233.
[17] Porter's _Progress of the Nation_, Vol. i. p. 101.
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