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
Upon going into committee, Mr. Bouverie brought forward his amendment.
He disclaimed any desire to defeat the measure, which he had supported
by his vote, still less did he hanker after Protection, for it was
strictly in the sense of Free-trade that he proposed it. He only
differed with Ministers as to the mode by which the changes proposed
should be effected. They had entered into reciprocal relations with
almost every other maritime nation. The United States had a complete
system of reciprocity: it was the foundation of their navigation
system, and it was an example it would be well to follow. The clause
he proposed would supersede the necessity of tedious and vexatious
negotiations. Out of a score of reciprocity treaties to which England
was a party, there were only four which contained the “favoured-nation”
clause; and it was idle to expect that, through the instrumentality
of any such compacts, genuine or extensively reciprocal advantages
could be established as between England and the other nations of the
world. It might be difficult, if not wholly impracticable, to realise
the principle of reciprocity in the case of tariffs, but it was not so
difficult to apply the principle to shipping. Nothing was so easy as to
say, we will relax our Navigation Laws, and make certain arrangements
with respect to our shipping interests, on the express condition that
other countries will adopt similar arrangements and similar relaxations
in our regard.
[Sidenote: Questions of reciprocity, conditional legislation, and
retaliation.]
If these views were unsatisfactory to the Shipowners, it is certain
they were still more so to the extreme Free-trade party. The question
had now resolved itself into the expediency of reciprocity, conditional
legislation, and retaliation. The extreme Free-traders demanded liberty
of navigation without any legislative restriction whatever, and the
plan of Government conferring a power of retaliation, though one little
likely to be resorted to, was of course the plan least objectionable
to the Free-traders. They contended that the Bill as it stood enabled
the country to receive concessions from foreign countries by making
concessions to them; but, if Mr. Bouverie’s motion was carried, they
asserted that, retaining in our hands the power of retaliation, we
should be compelled to resort to such measures whenever equality was
disturbed.
[Sidenote: Details of American law.]
Public-domain text, read in full here on John Shaqi.
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