Considered in a _national_ point of view, if the matter is brought to this
issue, the great question is--Whether agriculture or manufactures are the
superior interests in the production of national wealth. Admitting that
the true policy for government is to protect _all_ the branches of
national industry, and stoutly contending, as we do, and ever shall do,
that the real and ultimate interests of all is the same, and cannot be
separated--the question comes to be, if one fiercely demands the sacrifice
of the other, and insists that its interests are so weighty and momentous
that all others must be sacrificed to them, which of the two thus placed
in jeopardy is the most momentous? which brings in most to the national
treasury? Now, on this point the facts are as adverse to the arguments of
the League, as on all other branches of their case.
Take the sum total of manufactures in Great Britain and Ireland,
accompanied with the sum total of agricultural production, in order to
discover which of the two is the more valuable interest--in order that it
may be discovered, if matters are brought to that issue that one or other
must be abandoned, which is to be sacrificed. The choice of a wise
government could not be doubtful, if it were necessary to make the
selection. The agricultural productions of the British islands amount to
L.300,000,000 a-year, while the sum total of manufactures of every
description is only L.180,000,000. Nor can it be said, with any degree of
truth, that the agriculture of the country is dependent for its existence
on its manufactures, and would decline if they were materially injured;
for the example of modern Italy and Flanders proves, that three centuries
_after_ a country has ceased to be the chief in manufacturing or
commercial industry, it may advance with undiminished vigour and success
in the production of agricultural riches.
But this is not all. The statistical documents which have now been
prepared with so much care by Parliament, and published by the accurate
and indefatigable Mr Porter, himself a decided free trader, demonstrate
that, of the manufacturing productions, nearly three-fourths are taken off
by the home market, and _four-fifths_ by the home and colonial market
taken together, leaving only ONE-FIFTH for _the whole foreign markets of
the world put together_--
Public-domain text, read in full here on John Shaqi.
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