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
The debate on Mr. Labouchere’s resolution brought out again all Mr.
Herries’ arguments and adverse predictions about repeal. Alderman
Thompson complained that the United States minister was recalled with
every change of Presidency, and that Mr. Bancroft was notoriously
more liberal than President Taylor, who had been elected upon the
principle of Protection to native industry. Mr. Banks, Mr. Hildyard,
Sir John Tyrrell, and the Marquess of Granby followed Mr. Herries and
Alderman Thompson in the same line of objection; whilst Mr. Hume,
Colonel Thompson, Mr. Mitchell, and Mr. John Williams, maintained the
Free-trade line of argument. Mr. J. L. Ricardo vehemently supported the
extreme views of Free-trade, and said emphatically to the shipowners:
“Depend upon yourselves—depend upon your energies as Englishmen—depend
upon the resources of this country and the wealth which commands the
resources of the world, and do not trust to Acts of Parliament. It
would be better to send forth our ships free as the winds which filled
their sails, with liberty to go where they would, and come from where
it suited them, than to start them from our ports encumbered with the
8 & 9 Vict. cap. 88, and ballasted with twelve volumes of Hertslet’s
‘Commercial Treaties.’” The resolution was agreed to without a trial of
strength, and the Bill was brought in.[107] It contained twenty-three
clauses.
[Sidenote: Meeting of the Shipowners’ Society.]
Upon the 2nd March, the second reading of the Bill having been fixed
for the 9th March, the General Shipowners’ Society held their annual
meeting at the London Tavern. Their accustomed comments upon lights,
harbours, and pilotage; discriminating duties in foreign ports; the
East Indian salt monopoly; the Merchant Seamen’s Act; the Passengers’
Act; the Merchant Seamen’s Fund, and a variety of other points, which,
at ordinary times, usually occupied a large share of their attention
and space in their report—were on this occasion all subordinate to the
one question of all-absorbing consequence, the threatened impending
repeal of the Navigation Laws. To discuss special regulations affecting
maritime commerce, while the whole question of general policy trembled
in the balance, was both inconvenient and embarrassing.
[Sidenote: Their report.]
Public-domain text, read in full here on John Shaqi.
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