History for ready reference, Volume 7 : $b Recent history (1901 to 1910)Larned, J. N. (Josephus Nelson)
History
History for ready reference, Volume 7 : $b Recent history (1901 to 1910)
Larned, J. N. (Josephus Nelson)
History -- Dictionaries
"He agreed that this federation of free commonwealths is worth
making some sacrifice for. He differed only on ways and means.
He was convinced that to tax the food of our people is to cast
an undue share of sacrifice on the poorest part of the
population, and that a tax on raw material would fetter us in
the severe struggle with our foreign competitors. This,
therefore, was a sacrifice which would weaken our power to
make further sacrifices, and we ought not to be called upon to
make it. In Mr. Deakin’s resolution the Government were asked
to do what no protectionist country in the world would
do—viz., to tax necessaries of either life or livelihood which
we cannot produce ourselves, and of which the Colonies cannot
supply us with a sufficiency for many years.
"He wished to acknowledge the considerable advantage conferred
upon the British manufacturer by the preference recently given
to him in colonial markets. The Canadian tariff had produced a
satisfactory effect on our export trade, and apparently had
also benefited Canada, for our purchases from Canada had also
increased. The South African and New Zealand tariffs had not
yet been put to, the test by much actual experience, but would
no doubt have a similarly happy result. The same applied to
Australia, and Great Britain felt grateful, not merely for the
actual concessions, but for the spirit of comradeship and
affection which inspired the policy. But it was said, ‘What
are you prepared to do in return?’ His first answer was that
Great Britain was the best customer the Colonies have got for
their products. To illustrate this he gave the following
figures: In 1905, the last year for which the information was
available, the exports from the self-governing Colonies to all
foreign countries only amounted to 40½ millions, while the
exports to the United Kingdom amounted to 65¾ millions,
exclusive of bullion and specie (21¾ millions)."
Public-domain text, read in full here on John Shaqi.
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