Cassell's History of England, Vol. 4 (of 8): From the Fall of Marlborough to the Peninsular WarAnonymous
History
Cassell's History of England, Vol. 4 (of 8): From the Fall of Marlborough to the Peninsular War
Anonymous
Great Britain -- History
At the end of the reign of Anne the shipping employed in commerce
amounted to 448,000 tons, of which only 26,573 tons were foreign; so
that the English mercantile shipping had increased, in little more than
twelve years, 127,800 tons. At the end of the reign of George I. our
mercantile shipping was only 456,000 tons, the foreign being 23,651
tons; so that the increase for the time was but slight. The royal
navy had greatly decreased under George I. At the end of the reign of
George II., the total amount of our commercial shipping was 573,978
tons, including 112,737 foreign. Thus, whilst the total shipping at the
commencement of this period (in 1688) was only 244,788 tons, at the
end of it (in 1760) the total was 573,978 tons, or a nett increase,
in seventy-two years, of 329,190 tons: the increase being much larger
than the total amount of tonnage possessed at the commencement of
the period, the amount of foreign shipping remaining very nearly the
same--in fact, only 12,000 tons more. The royal navy, which, at the
commencement of the period, was reckoned at 101,892 tons, at the end
of it was 321,104 tons, showing an increase of 219,212 tons; and, at
the rate of men employed at the commencement, the number now employed
in both our commercial and our national navy could not be fewer than
160,000 men.
The growth of our commerce during these seventy-two years is shown
by the amount of our exports. In 1697--that is, nine years after the
Revolution--the amount of exports was only £3,525,907; but in the
three next years of peace they rose to £6,709,881. War reduced these
again to little more than £5,000,000, and at the end of the reign
of Anne, during peace, they rose to £8,000,000. At the end of the
reign of George I. the war had so much checked our commerce, that
the exports scarcely amounted to that sum, the average of the three
years--1726, 1727, and 1728--being only £7,891,739. By the end of the
reign of George II., however (1760), they had risen to £14,693,270.
Having by this period driven the fleets of France and Spain from the
ocean, we rather extended our commerce than injured it. Thus, during
these seventy-two years, our exports had increased from about three
millions and a half annually to more than fourteen millions and a half
annually, or a yearly difference of upwards of eleven millions--a most
substantial growth.
One great cause of this progress was the growth of our colonies. They
began now to demand a considerable quantity of our manufactures and
other articles of domestic comfort and convenience, and to supply us
with a number of items of raw material. Towards the end of the reign of
George I. our American colonies, besides the number of convicts that
we sent thither, especially to Virginia and Maryland, attracted a
considerable emigration of free persons, particularly to Pennsylvania,
in consequence of the freedom of its constitution as founded by Penn,
and the freedom for the exercise of religion.
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