Blackwood's Edinburgh Magazine, Volume 64, No. 397, November 1848Various
History
Blackwood's Edinburgh Magazine, Volume 64, No. 397, November 1848
Various
England -- Periodicals; Scotland -- Periodicals
How, then, have the manufacturers gained by free trade? On the one
hand, they have not been able, by inviting and giving every facility
to imports, to increase the quantity of their export; on the other,
they have closed up several of their surest markets. The full extent
of our egregious folly has not yet become visible to the public. The
manufacturers, by a sort of retributive justice, are the persons
who are feeling it the most, and ere long they will be compelled to
acknowledge it. It is seriously affecting the trade and commerce
of our greatest cities. The number of vessels which have cleared
out of the Clyde from the port of Glasgow during the last nine
months, is in the proportion of 382 to 602 for the same period in
the previous year! Glasgow, as every one knows, owed its rise and
opulence to its connexion with the colonies, more especially the West
Indies; and here is the heaviest blow which probably was ever heard
of in the history of commerce, struck, through free trade, at the
second city of Britain. It is good that we should know these things;
better if, by revolving them, we can turn experience to advantage.
Let the electors throughout the kingdom, more especially in the
towns, meditate seriously before they are again called on to use
their political franchise; let them reflect on their own diminished
prosperity, and beware of that hollow liberalism combined with
quackery which is the stain and the curse of the age.
To this position we have been brought by a bad commercial policy,
originated by mean and mercenary men, and most unhappily adopted
by a minister who became a convert towards the close of a long
official life. We have seen and felt the system as it works; and
the only question now for our consideration is, whether we are to
suffer it to endure? If we do so, it is vain to deny that we are on
the verge of general ruin. There is not a symptom of improvement.
Day by day the cry of distress waxes louder, and yet we hesitate to
take the necessary steps for effecting our own emancipation. There
is hardly one man in the country--the bailie of Blairgowrie perhaps
excepted--who can have, or feels, the slightest confidence in the
abilities of Lord John Russell. Such a cabinet as this, in point of
political decrepitude and imbecility, was never yet formed; and it
could not live for an hour save for the unseemly dissensions in the
Conservative camp. These cannot be permitted to last. There is no
merit in personal devotion when pushed beyond its proper sphere; and
the best service which Sir Robert Peel can render to his sovereign,
is utterly to abjure all pretension of ever returning to power.
Surely he can have no wish to head a reactionary movement, or expose
himself to the obloquy of recanting the last edition of his views.
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