British Quarterly Review, American Edition, Vol. LIII: January and April, 1871Various
History
British Quarterly Review, American Edition, Vol. LIII: January and April, 1871
Various
English periodicals
Thus wrote 'that eminently deserving author,' Mr. Lewes Roberts, the
'delineator' of the Merchant's Mappe of Commerce in 1638. The 'true
dimensions of our English traffique' even then excited his limited
admiration and wonder. He could only imagine either that this commerce
was 'at its full perfection, or that it aymes higher than can hitherto,
by my weake sight, be either seen or discerned.' To us, 'the full
streame' of that trade seems but 'a petty rivolet,' and we only wonder
how, with the complicated and varying systems of money then in practice,
with measures of length and quantity differing in almost every place of
importance in Europe, any commerce could be kept up between differing
nations. It is no longer needful to note now, as it was then, that
different weights and measures were to be found in the principal cities
even of the same country. It is no longer needful to bear in mind, as it
was then, that there was a difference of exchange between places close
to each other, and within the same territories. Commerce now would not
bear such fetters. The vigour of the early days of trade surmounted
those obstacles as the rush of a mountain stream drives it unhindered
over rocks that vainly bar its course. In these times affairs approach
what has been termed the stationary state. As the stream expands, the
current becomes more gentle. As facilities for trade become greater, a
smaller obstacle suffices to turn that trade from its course. It is now
far more easy to give a vessel the option of discharging her cargo in
one port or another, in one country or another, than it was then.
Increased opportunities of intercourse render any change of the line of
traffic far less difficult now than at any previous time. A smaller
difference in profit renders such alterations of destination more
desirable and more necessary. The course of commerce has just been
compared to that of a stream--as dashing rapidly down the mountain glen,
or slowly moving through the rich and level plain. Is it permissible to
carry on the simile still further?--to watch how, as in Holland, a
trifling artificially-produced change of level is sufficient to divert
the scarcely perceptible flow of the almost stagnant flood--to add the
waters of the Rhine to the Yssel, or of the Waal to the Lech? So as a
general extension of wealth brings all countries more closely to one
uniform condition, is it not needful to remove those obstacles which may
cause similar diversions of our trade? Is it not needful to take a step
onward, and to supply our own people with those advantages which are now
possessed by many--will soon be possessed by almost all civilized
nations? Among such advantages, to provide a coinage which, while
entailing no expense on the country, either at its creation or for its
maintenance, may be truly international in character, and aid the
streams of our commerce to maintain their course around the globe.
Public-domain text, read in full here on John Shaqi.
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