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
But an event happened which, although in itself a grievous national
misfortune, brought about, at an earlier period than might otherwise
have been the case, the abolition of the Corn Laws, as well as the
suspension, for a time, of the Navigation Laws. This calamity was the
failure of the potato crop in Ireland in 1845 by “a pestilence so
minute that it eluded the power of the finest microscope, so mysterious
that it defied the researches of the most searching philosophy,
but strong enough to overturn governments, general enough to alter
established commerce, powerful enough to cause the migration of
nations.”[34]
The whole crop of potatoes in Ireland having been destroyed, the price
of grain rose at one bound from 45_s._ 9_d._ to 60_s._ the quarter,
and Cabinet Councils assembled in November to consider the propriety
of throwing open the ports of the United Kingdom. As the Cabinet was
divided on the subject, Sir Robert Peel, impressed with the dangers of
the approaching crisis, resigned office, and Lord John Russell, whose
celebrated letter on that occasion must long be remembered, was called
upon to form a new Administration; but personal jealousy among the
Whigs[35]—a jealousy which lasted many years—prevented the formation of
a ministry by the opposition party. Nor was Lord Stanley, who had been
a member of Sir Robert Peel’s Cabinet, more successful in a similar
attempt: hence, with the exception of his Lordship, the members of that
Cabinet resumed their former places.
On the 4th December, 1845, it was intimated through the ‘Times’
newspaper, which had for some months previously avoided the question of
total repeal, that Sir Robert Peel would propose the entire abolition
of the Corn Laws. The Queen’s speech, as well as the speech of Sir
Robert Peel on the Address, more distinctly announced the policy of
the reconstructed Administration, and, having called attention to
the measures of commercial reform already adopted, which had tended
so materially to the greatness of this country and the welfare and
happiness of its inhabitants,[36] he called on the agriculturists to
submit to some sacrifice on their part, proposing a sliding-scale of
duties on corn until February 1849, with the condition, however, that
wheat and other cereal produce should, after that date, be imported
from foreign countries at a duty of 1_s._ a quarter.
[Sidenote: Sir Robert Peel carries the Repeal of the Corn Laws, and
resigns.]
Public-domain text, read in full here on John Shaqi.
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