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
Thus ended the first great Parliamentary struggle of 1848. The
shipowners had so far succeeded that they had staved off, for a while,
the impending danger; but the great majority in the Commons declaring
it expedient to revise the existing laws, left no doubt on any
reasonable mind that a sweeping change would be effected in the ensuing
session.
It will have been noticed that the main question in any proposed
alteration of the Navigation Laws was, whether foreign countries, and
especially the United States, would respond to our liberal policy, and,
in a spirit of fairness, make such alterations in their navigation
laws, tonnage dues, and tariff, as would promote increased commercial
intercourse on the footing of an honourable competition. Of course the
Protectionists did not assent to all this; but the temper of the House
of Commons plainly indicated that a great relaxation of restriction was
inevitable, the only real doubt being as to the best mode of securing
reciprocity. The Ministers of the Crown saw clearly that the shipowners
were alarmed at the vast change threatened, while the periodical press,
during the autumn of 1848, teemed with the most alarming statements of
impending ruin to all classes connected with ships and navigation. The
Shipowners’ Society gave extensive circulation to a variety of fugitive
publications, all advocating the defence of the national interests and
condemning indiscriminate repeal. On the other hand, there were many
whose authors were strongly in favour of reciprocity;[97] the number
in favour of total and unconditional repeal being comparatively few.
But as “Repeal,” or “No Repeal,” was the popular cry, it became more
and more manifest that unless some pledge were given that foreign
nations would reciprocate our concessions, it would be difficult, with
all the influence of the Free-trade party, to carry the Bill through
Parliament, and especially through the Upper House.
[Sidenote: Efforts of ministers to obtain reciprocity by a circular
from the Foreign Office.]
It became, therefore, of the utmost importance to extract from Foreign
Powers some intimation of their intentions. Hence Lord Palmerston,
in his own name, addressed a circular from the Foreign Office, dated
22nd December, 1848, to her Majesty’s diplomatic agents in various
countries, requesting information on those points.
Public-domain text, read in full here on John Shaqi.
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