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
With Mr. Braysher’s evidence may be brought to a close the extracts
necessary to be given from the mass of conflicting statements and
documents laid before Mr. Ricardo’s Committee, and I may now proceed
with the general history of the measures pursued and subsequently
adopted.
[Sidenote: Committee’s last meeting, July 17.]
[Sidenote: General dissatisfaction with the results of the inquiry.]
On the 17th of July, the Committee of the House of Commons held its
last sitting; and as a dissolution of Parliament was impending, the
Committee, after having published four successive reports, strictly
confined to the minutes of the evidence taken before them, came to
the conclusion of closing the inquiry. The Protectionist shipowners
complained that this abrupt termination of the inquiry was brought
about with the view of suppressing the evidence of Mr. D. C. Aylwin,
an intelligent merchant connected with the Calcutta trade, who was
in attendance to give counter-testimony to many of the Free-trade
witnesses. It was also patent that, during the investigation, while
twenty-five witnesses had been examined in favour of the repeal of the
Navigation Laws, on the other hand, for their defence and maintenance,
only nine persons had been called to give their testimony. It was
therefore urged that the proceedings of the Committee and the abrupt
termination of the inquiry were anything but fair, the more so that no
practical results had been obtained, though the evidence procured was,
ultimately, of considerable importance.
Thus ended this important inquiry in a manner scarcely satisfactory
to either party; nor was the investigation again revived in the
committee-rooms of the House of Commons, the scene of the contest
being transferred elsewhere. On the 23rd July, 1847, Parliament was
dissolved; and at the subsequent general election the Free-trade
party was triumphant everywhere, Mr. Cardwell gaining his election at
Liverpool, while Mr. Cobden was returned in his absence for the West
Riding of Yorkshire, as well as for Stockport; Mr. C. P. Villiers,
on whose motion the Corn Laws had been repealed, being also doubly
returned for South Lancashire and Wolverhampton, both these elections
affording thereby unmistakable evidences of the feeling of the
country in favour of unfettered commerce. With so great an accession
of strength to the Whig Government, further progress in Free-trade
measures became inevitable, and the greatest uneasiness prevailed among
shipowners as to their future destiny.
[Sidenote: Commercial panic]
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