History of merchant shipping and ancient commerce, Volume 3 (of 4)Lindsay, W. S. (William Schaw)
History
History of merchant shipping and ancient commerce, Volume 3 (of 4)
Lindsay, W. S. (William Schaw)
Commerce -- History; Shipping -- History; Steam navigation -- History
For these reasons, an organisation of merchants in Montreal, and in
various towns in Canada, who had leagued themselves as Free-traders
and had been very active in disseminating their views, as well as in
enforcing them, with all the influence they could command, on the
colonial Governor, and on the English Executive and both Houses of
Parliament, now demanded the total repeal of the British Navigation
Laws. They did not, however, stand alone in their desire for
unrestricted navigation. The West Indies, as soon as they found that
the British Parliament had taken away the protection afforded to them
by the differential duties, were as loud in their complaints as the
Canadians, the more so, as having been deprived of all protection on
their sugars by Lord John Russell’s Equalization Act of 1847, it became
indispensable to get their produce conveyed to market at the cheapest
possible rate of freight, so as to compete, with any chance of success,
with their foreign rivals. They therefore denounced the Navigation Laws
in no measured terms; and when Montreal petitioned that its corn should
be admitted into the ports of Great Britain in ships of any nation
their merchants thought proper to charter, the West Indians preferred
the same request, in order to secure the lowest cost of transport for
their sugar. While, therefore, the colonists were urging the adoption
of the principle of an entire free trade with the colonies, many
capitalists of England, and, especially, the shipowners, viewed with
great alarm the total abandonment of what was known as our “colonial
system,” and declared their apprehension that such a change would
throw the carrying trade into the hands of the United States. Clinging
to Protection, they said, in their memorials to Parliament, “that
the only remaining thing connected with our whole important and most
magnificent colonial system, which enabled us to baffle the efforts
of the whole world united against us, was that part of the system
under which the produce of the colonies was obliged to be brought to
this country in British ships.” These alarmists declared that such a
relaxation as the colonists now demanded would ruin them inevitably.
Regarding every concession which had been made to the Americans during
the preceding half century, having as it had for its object increased
intercourse with the West Indies, as a pernicious policy, tending to
injure British colonies and to encourage American trade, they alleged
that the protection of the colonies had not been carried far enough;
that British shipowners could not exist without Protection; that
the uncertainty prevailing with respect to the Navigation Laws was
productive of injury to the country, as no persons would embark capital
in shipping; and, further, that, as regarded the West Indies, it was
not the _general_ wish of the colonists that the Navigation Laws
should be repealed.
[Sidenote: Views of Manchester and Liverpool.]
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account