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
Thus, while our shipping with the whole world _quadrupled_, as
compared with the foreign employed in the same trade, under the
protective system, from 1801 to 1823; it declined under the
reciprocity system of equal duties, in the countries to which that
system was applied in the next twenty years, till it had dwindled
to a perfect fraction;--our tonnage with Sweden being, in 1847,
not more than a _sixteenth_ part of the foreign; with Norway, a
_fiftieth_ part; with Denmark somewhat above a _sixth_; with Prussia
somewhat under a _fourth_.
But then it is said these are _selected_ states which do not give
a fair average of the reciprocity system, or afford a correct
criterion of its probable effects when applied, as it is about to
be by a general repeal of the Navigation Laws, to the whole world.
If they are "selected states," we can only say they were selected
by Mr Huskisson and the Free-traders themselves as likely to afford
the best specimen of the effect of their principles, and therefore
as the first on which the experiment was to be made. But we are
quite willing to take the general tonnage of the empire as the test;
and we shall commence with a quotation from the tables of the great
statistical apostle of free trade, Mr Porter, to show the effect
of free trade in shipping on the comparative growth of our whole
tonnage, as compared with that of foreign states, from 1801 to 1823,
when the reciprocity system began; and again from thence lo 1847,
when free trade in shipping was in full operation by the temporary
suspension of the Navigation Laws, from the effect of the Orders
in Council in March 1847 suspending the Navigation Laws under the
pressure of the Irish famine:--
Public-domain text, read in full here on John Shaqi.
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