Protectionists failed to prove, they were able to demonstrate that the
condition of the people in free-trade countries was quite as bad as
anywhere else, and, on the other hand, the Free Traders were equally
conclusive in the proofs they presented that the people in protected
countries, other things being equal, were no better off than those in
free-trade lands. The question of Protection or Free Trade interested the
capitalists only. For the people, it was the choice between the devil and
the deep sea."
"Let us have a concrete illustration." said the teacher. "Take the case
of England. She was beyond comparison the country of all others in the
nineteenth century which had most foreign trade and commanded most
foreign markets. If a large volume of foreign trade under conditions
practically dictated by its capitalists was under the profit system a
source of national prosperity to a country, we should expect to see the
mass of the British people at the end of the nineteenth century enjoying
an altogether extraordinary felicity and general welfare as compared with
that of other peoples or any former people, for never before did a nation
develop so vast a foreign commerce. What were the facts?"
"It was common," replied the girl, "for our ancestors in the vague and
foggy way in which they used the terms 'nation' and 'national' to speak
of Great Britain as rich. But it was only her capitalists, some scores of
thousands of individuals among some forty million people, who were rich.
These indeed had incredible accumulations, but the remainder of the forty
millions--the whole people, in fact, save an infinitesimal fraction--were
sunk in poverty. It is said that England had a larger and more hopeless
pauper problem than any other civilized nation. The condition of her
working masses was not only more wretched than that of many contemporary
people, but was worse, as proved by the most careful economic
comparisons, than it had been in the fifteenth century, before foreign
trade was thought of. People do not emigrate from a land where they are
well off, but the British people, driven out by want, had found the
frozen Canadas and the torrid zone more hospitable than their native
land. As an illustration of the fact that the welfare of the working
masses was in no way improved when the capitalists of a country commanded
foreign markets, it is interesting to note the fact that the British
emigrant was able to make a better living in English colonies whose
markets were wholly dominated by English capitalists than he had been at
home as the employee of those capitalists. We shall remember also that
Malthus, with his doctrine that it was the best thing that could happen
to a workingman not to be born, was an Englishman, and based his
conclusions very logically upon his observation of the conditions of life
for the masses in that country which had been more successful than any
other in any age in monopolizing the foreign markets of the world by its
commerce.
Public-domain text, read in full here on John Shaqi.
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