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
Unfortunately other nations, and more especially Great Britain, as
well as the Northern States of America, were not then prepared to
adopt, pure and simple, the principles he propounded; and although
American vessels were then admitted to the British possessions in the
East Indies upon the most favoured footing, the great majority of the
English people had no inclination to yield one iota of their ancient
navigation laws without an equivalent, as they considered these laws
to be the chief, if not the sole cause of their maritime success and
supremacy. Nor would the English government make any concessions with
regard to Light dues and Local charges, of which the shipowners of
the United States justly complained, and have still, though to a much
less extent, some cause for complaint. The Board of Trade contended
that these charges were of ancient establishment and the property of
private persons or of corporate bodies, and that the funds arising from
them were in many instances applicable to public works or charitable
purposes.
[Sidenote: Maritime laws and laws respecting neutrals.]
[Sidenote: Feeling on both sides the water.]
With regard to maritime regulations an intimation was given by the
Lords of the Council that Great Britain might consent to insert in a
commercial treaty with the United States all the articles of maritime
law which had of late years been inserted in her commercial treaties
with other foreign powers; expressly excepting, however, any article
allowing the ships of the United States to protect the property of the
enemies of Great Britain in time of war, _which should on no account
be admitted_. On the other hand, the more violent partisans in America
for unrestricted trade with the West Indies threatened to break off all
commercial intercourse with Great Britain unless their demands were
complied with. In this controversy it is amusing to observe that grave
members of the English Council actually gave an authoritative opinion:
“That the articles which the people of the United States now send to
European markets are but few, and can be obtained in equal perfection
from other countries; and,” they added, “IT IS MORE LIKELY _that the
demand for them from thence should in future_ DIMINISH RATHER THAN
INCREASE.” If these short-sighted mortals could but have opened the
book of the future, and could have contemplated the prodigious supply
of cotton, and corn, and other raw produce which have been derived from
the United States since the resources of its fertile and varied soil
have been developed, they would have paused before they hazarded such
crude and altogether erroneous vaticinations. They, moreover, decried
the trade in grain as precarious, and asserted that no system of
foreign commerce permanently profitable could be founded upon it.
[Sidenote: Treaty between Great Britain and the United States.]
Public-domain text, read in full here on John Shaqi.
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