Blackwood's Edinburgh Magazine, Volume 64, No. 393, July 1848Various
History
Blackwood's Edinburgh Magazine, Volume 64, No. 393, July 1848
Various
England -- Periodicals; Scotland -- Periodicals
Domestic manufactures were at the same time assailed, though with a
more gentle hand than rude produce. Protective duties on them were
lowered, though not entirely removed; and the consequence is, that
at this time there are 8000 hands wholly unemployed at Manchester,
and above 10,000 at Glasgow, and distress to an unparalleled extent
pervades the whole commercial and manufacturing classes. Nothing
daunted by these calamitous results, so exactly what the opponents
of free trade predicted would ensue, so diametrically the reverse
of the unbounded prosperity which they promised the nation as the
consequence of their changes, the Free-traders, in pursuance of
their usual system of preferring their own opinions to the evidence
of facts, are preparing to apply the same system to the commercial
navy of the country, and, by the repeal of the Navigation Laws,
against the opinion of Adam Smith, to depress our shipping interest
as much as they encourage that of foreign states, and endanger our
national existence, by crippling our own means of defence as much
as they augment the means of attack in the hands of our enemies. Not
content with rendering us dependent for a large part of our bread
on foreign nations, they are determined on measures calculated to
deprive us of the means of maintaining our naval superiority, or
upholding the national independence. They are set upon saying the
nation a few millions a-year in freight, though the consequence is,
that we shall be alike unable to withstand a pacific blockade or
hostile aggression.
Public-domain text, read in full here on John Shaqi.
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