Blackwood's Edinburgh Magazine, Volume 68, No. 421, November 1850Various
General
Blackwood's Edinburgh Magazine, Volume 68, No. 421, November 1850
Various
England -- Periodicals; Scotland -- Periodicals
on soap alone--in 1848, close upon a million--is said to cost each
labouring man in this country a week's wages in the year. What is
the consequence? The foreign grain is brought into this country, and
exposed at a price which immediately drags down the value of British
grain. If the supply were limited, the power of the foreign grower to
exact an enormous profit might in some measure tend to counteract the
evil; but the supply being unlimited--not confined to one locality,
but extended to two continents--there arises a competition between
foreign markets for the supply, which drags down prices still more.
The farmer, when he complains of the ruin which has overtaken him, and
the writer who advocates the cause of Native Industry, when he points
out the disastrous consequences which must arise from the pursuance of
such a course of policy, are met--not by argument, but by flippant and
contemptible sneers. We are asked "whether we object to have our food
cheap?"--"whether plenty is a positive evil?"--and so forth: questions
which only expose the shallowness and the imbecility of the inquirers.
We have no objections to cheap bread--quite the reverse--provided you
can have that consistently with putting the British grower upon an
exact level or equality with the foreigner. Take off the direct taxes
on land, and the indirect taxes which bear upon the labourer; persuade
the manufacturers, now so uncommonly prosperous, to defray the interest
of the national debt; clear away customs and excise duties on malt,
tea, tobacco, sugar, and soap: and then--but not till then--will we
join with you in your gratulation, and throw up our caps in honour of
your veiled goddess of Free Trade.
Public-domain text, read in full here on John Shaqi.
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