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
When Mr Huskisson, in 1823, introduced the Reciprocity System, he
did not dispute that it would injure our maritime interests; but he
contended that it would open a new field for our manufactures,--that
the time had now arrived when the Protective System could no longer
be maintained, and it had become indispensable to sacrifice to a
certain extent our maritime interests, in order to preserve the
chief vents on Continental Europe for the industry of our artisans.
The sacrifice was made, and the tables already given show with what
fatal effect to our shipping interest. Has it extended the market
for our manufactures, or diminished the jealousy with which they are
regarded by the states of Continental Europe? Let the Zollverein
league, at the head of which Prussia has placed herself, and which
has imposed duties to an amount, in practical operation, of fifty
per cent on our manufactures, give the answer. The exports which
we send to the states of Sweden, Norway, Denmark, and Prussia, are
still, after a quarter of a century's experience of the immense
impulse it has given to their maritime interests, and corresponding
depression to ours, a perfect trifle.[11] Our exports to America
are less than they were fifteen years ago, despite the boasted
conciliatory effect of twenty years' reciprocity.[12] What can be
more injudicious, therefore, than to persist in, and even extend,
a system which, without diminishing in the slightest degree the
jealousy of Continental nations at our manufacturing superiority,
has inflicted a serious and gratuitous wound on the naval resources
by which alone that superiority can be maintained?
[11]
Exports from Great Britain--to
1844 Sweden £108,475
Norway 152,824
Denmark 286,679
Prussia 505,384
PORTER'S _Progress of the Nation_, p. 366, 2d edition.
[12]
Exports to United States of America:--
1836 £12,425,605
1844 7,938,079
PORTER, _ibid._
Public-domain text, read in full here on John Shaqi.
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