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
Up to this period the practice of foreign nations had not very
materially complicated our navigation system. If Great Britain, on her
part, persisted in refusing to receive, for instance, the produce of
the Spanish and Portuguese colonies in any but British ships, Spain and
Portugal, on their side, declined to send their goods to England in
any ships but their own. So that our law in such cases, rigorous as it
was, did nothing but determine how a trade, in which we had never had a
share, must be carried on, should we be permitted to enter it. But the
case of the United States was attended with much greater difficulty.
Here was an extensive and flourishing maritime commerce, averaging
nearly 3,500,000_l._ yearly, which had hitherto been open to
English and American vessels, indifferently, but which was now, by the
operation of our Navigation Laws, confined entirely to the former.[24]
It was then that the strength and elasticity of our exclusive system
were first severely tested. Mr. Pitt foresaw this serious difficulty so
early as 1783 when Chancellor of the Exchequer, and the necessity of
immediately introducing a temporary measure to regulate the commercial
intercourse with the now independent States of North America. The
Bill then actually introduced by Mr. Pitt proposed to allow American
vessels to import into our colonies any articles whatever of the
growth, produce, or manufacture of the United States, and to export any
articles from our colonies to the United States. But, unfortunately,
while this wise measure was under the consideration of the House of
Commons, the ministry to which Mr. Pitt belonged resigned, and their
successors, to save themselves the trouble of passing a Bill of this
prudent and necessary character, passed a temporary Act, afterwards
renewed from time to time, vesting in the Crown alone the power of
regulating the trade with America.
[Sidenote: The shipowners and loyalists in America successfully resist
Mr. Pitt’s scheme.]
As might have been anticipated, considerable discussion immediately
arose with regard to the manner in which this power of the Crown
should be exercised. The West Indians, on the one hand, represented the
ruinous position in which they would be placed if they were forbidden
to trade with the United States: while, on the other, the loyalists
of the remaining North American Colonies pleaded that they were quite
able to supply the people of the West Indies with all they required,
and prayed that the monopoly the war had given them should not be
abrogated. These views were maintained by the shipowners of Great
Britain, on the plea that, if American vessels were allowed to export
West Indian produce, they would convey it to foreign countries as well
as to the United States, thus securing a materially improved position
as carriers by sea; and, after this case had been fully argued before
the Board of Trade, the shipowners and the loyalists unfortunately won
the day.
Public-domain text, read in full here on John Shaqi.
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