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
Such as free-trade principles are, they are evidently not likely to
remain, if these islands are excepted, long in the ascendant either
in the Old or the New World. The American tariff shows us how little
we have to expect from Transatlantic favour to our manufactures:
the savage expulsion of English labourers from France, how far the
principles of "Liberty, Equality, and _Fraternity_," are likely
to be acted upon by our enthusiastic and democratic neighbours
on the Continent of Europe. It is clear from the communist and
socialist principles now in the ascendant, both at Paris, Berlin,
and Vienna, that the interests of _labour_ will above all things
be considered by their governments in future times, and that the
most rigorous measures, in the form of fiscal regulations, if not
_absolute prohibition_, may shortly be expected in France, Italy,
and Germany, against manufactures of any sort which interfere, or
seem to interfere, with the interests of the dominant multitude of
operatives. Why does our government adhere so strongly, in the face
of the clearest evidence of their ruinous tendency, to the present
system of free trade and a fettered currency? Because it works well
for the great capitalists, who desire to have money dear, and the
great manufacturers, who wish to have labour cheap, and because
a majority of the House of Commons has been placed by the Reform
Bill under their influence. Give the operatives the majority,
and the opposite interest will instantly prevail. A successful
Chartist revolt would at once send the whole free trade and fettered
currency measures by the board in three months. In truth, it is
the disasters they have produced which has revived Chartism, and
rendered it so menacing in the land. We should like to see how
long a legislature, elected by universal suffrage, would allow
Spitalfields and Macclesfield to be pauperised by Lyons silks, and
Manchester invaded by Rouen cottons, and the shipwrights of Hull and
Sunderland to be ruined by Baltic shipbuilders. As the operative
classes have obtained the ascendency in the principal Continental
states, a similar jealousy of foreign interference with industry may
with certainty be looked for in Continental Europe. Can any thing
be more insane, therefore, than to persist in a policy fraught, as
every thing around us demonstrates, with such ruinous social injury
to ourselves, and which the progress of political change on the
Continent renders incapable of producing the ultimate benefits,
in exchange for those evils which their authors hold out as the
inducing causes of the measures which have produced them?
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account