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
reciprocity in commerce and navigation had been practically adopted by
his Government in specific treaties with Denmark, Sweden, the Hanseatic
Republics, and Prussia, and had since been carried out in other
treaties concluded with Austria, Russia, &c., all of these being still
in force.
But the following remarkable observation made by Mr. Buchanan at the
close of his letter, gives conclusive testimony that when Mr. Bancroft
offered “to give us all,” _i.e._ the coasting trade, this offer
was wholly unauthorized by the American Government.[100] The words of
Mr. Buchanan were: “I might add that the President, in accordance with
the spirit of this Act (of 1828) has already made a specific proposal
to Great Britain through Mr. Bancroft to Lord Palmerston, dated 3rd
November, 1847, to conclude a treaty providing that “British ships may
trade from any port in the world to any port in the United States,
and be received, protected, and, in respect to charges and duties,
treated like American ships, if, reciprocally, American ships may in
like manner trade from any port of the world to any port under the
dominion of her Britannic Majesty”: but _of course, this proposal was
not intended to embrace the coasting trade of either country_.”[101]
Mr. Buchanan did not confine himself merely to this honest, frank
disclaimer. While his own opinions, as well as those of the highly
liberal and intelligent Secretary of the Treasury, Mr. R. J. Walker,
whose admirable report was published at the same time, were decidedly
in favour of meeting the change proposed by reciprocal legislation, he
did not conceal from Mr. Crampton that it was probable some difference
of opinion would manifest itself in Congress upon this question, from
the unwillingness felt in some quarters to throw open the ship-building
business in the United States to the formidable competition of British
shipbuilders, and more particularly to that of the shipbuilders of the
British North American colonies.
Many persons in England shared the apprehensions expressed by Mr.
Buchanan, especially those who, having watched throughout the progress
of the agitation for the repeal of the Navigation Laws, were aware
of the strong Protectionist feelings then and still prevalent on the
seaboard of the States, though not shared to the same extent by the
non-navigating classes: they did not, therefore, believe that Congress
would allow the President to put even the Act for 1828 in force without
a serious struggle. However, though no opposition was offered, the
expressions of Mr. Buchanan to Mr. Crampton warranted a reasonable
doubt lest, when it came to the point, whether reciprocity would be
granted to the ships of Great Britain. That no difficulty was started
on the other side was mainly due to the meritorious reports of Mr.
Walker, whose zeal in the cause of freedom of commerce and navigation
deserves the highest encomium.
[Sidenote: Reply of other Powers.]
Public-domain text, read in full here on John Shaqi.
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