England -- Social life and customs -- 19th century -- Fiction
The minister brought forward his revision of the tariff, which was
denounced by the League as futile, and in which anathema the opposition
soon found it convenient to agree. Had the minister included in his
measure that “total and immediate repeal” of the existing corn laws
which was preached by many as a panacea, the effect would have been
probably much the same. No doubt a tariff may aggravate, or may
mitigate, such a condition of commercial depression as periodically
visits a state of society like that of England, but it does not produce
it. It was produced in 1842, as it had been produced at the present
time, by an abuse of capital and credit, and by a degree of production
which the wants of the world have not warranted.
And yet all this time, there were certain influences at work in
the great body of the nation, neither foreseen, nor for some time
recognised, by statesmen and those great capitalists on whose opinion
statesmen much depend, which were stirring, as it were, like the
unconscious power of the forces of nature, and which were destined to
baffle all the calculations of persons in authority and the leading
spirits of all parties, strengthen a perplexed administration, confound
a sanguine opposition, render all the rhetoric, statistics, and
subscriptions of the Anti-Corn Law League fruitless, and absolutely make
the Chartists forget the Charter.
“My friends will not assist themselves by resisting the government
measures,” said Mr. Neuchatel, with his usual calm smile, half
sceptical, half sympathetic. “The measures will do no good, but they
will do no harm. There are no measures that will do any good at this
moment. We do not want measures; what we want is a new channel.”
That is exactly what was wanted. There was abundant capital in the
country and a mass of unemployed labour. But the markets on which they
had of late depended, the American especially, were overworked and
overstocked, and in some instances were not only overstocked, but
disturbed by war, as the Chinese, for example--and capital and labour
wanted “a new channel.”
Public-domain text, read in full here on John Shaqi.
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