History of merchant shipping and ancient commerce, Volume 2 (of 4)Lindsay, W. S. (William Schaw)
History
History of merchant shipping and ancient commerce, Volume 2 (of 4)
Lindsay, W. S. (William Schaw)
Commerce -- History; Shipping -- History; Steam navigation -- History
But while Napoleon was vainly fulminating his decrees against England,
and putting into motion his whole power in Europe to carry them out,
he himself first set the example of their evasion, and for a temporary
profit established a system which tended to neutralise the very object
he was making so many efforts to accomplish. Scarcely had a few months
elapsed after the publication of the Berlin Decree, before it was
discovered that a large source of revenue might be opened by granting,
at exorbitant prices, licences to import British colonial produce and
manufactures.[277]
[Sidenote: _Moniteur_, Nov. 18, 1810.]
[Sidenote: Rise in the price of produce and freights,]
These licences were granted ostensibly to benefit French manufacture,
under the obligation of exporting French or continental produce to an
equal amount, a condition, however, which was easily and frequently
evaded. In this manner a most lucrative trade was carried on,
notwithstanding the exorbitant rates of the licences, and the great
additional charges to which the whole transaction was subjected.
British manufactures and colonial produce rose to an extravagant price
in France, while foreign produce realised almost as greatly enhanced
prices in England; so that, although the mass of the people on both
sides the Channel suffered deeply from the interruptions caused by
the Decrees on the one hand and the numerous Orders in Council on the
other, producing great obstructions to the ordinary course of commerce,
numerous classes amassed fortunes by these disturbing elements.
To add to the many sufferings the war created and to the confusion
these sweeping proclamations had entailed, the price of wheat rapidly
advanced in the spring of 1808. The scantiness of the crop of the
previous year was beginning to be seriously felt, while apprehension
daily increased that the exclusion of the British flag from the trade
of the Baltic would cut off from England her supplies of food from that
quarter of the world.[278]
[Sidenote: partly accounted for by the Orders in Council.]
Public-domain text, read in full here on John Shaqi.
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