Illustrations of political economy, Volume 7 (of 9)Martineau, Harriet
General
Illustrations of political economy, Volume 7 (of 9)
Martineau, Harriet
Didactic fiction, English; Political fiction, English; Social problems -- Fiction
“And the case is no better when the prohibition regards selling from the
colony. If the colonial article produces just the ordinary profits of
stock, the purchasing country takes needless trouble in enforcing the
monopoly. If less than the ordinary profits of stock, the article will
cease to be produced. If more, the purchaser may feel perfectly secure
of being thanked for her custom, instead of its being necessary to
intrude it by force of law. All this applies as well to a trade-driving
government, or an exclusive company, as to a general body of merchants;
the only difference being that such a government or company, having a
more despotic power by the absence of competition, the tyranny may be
consummated sooner, and the mischief wrought more effectually. Your
government keeps its pearl-fishers, and your Honourable Company its
spice-gatherers, impoverished more effectually than a general body of
British pearl and spice merchants could have done.”
“Yet the general body of merchants can carry on the work of
impoverishment with tolerable vigour and success, even upon a dependency
so near at hand as to have great facilities for remonstrance. In the
case of Ireland, towards the close of the last century, they contrived
to rivet the chains of monopoly for a few years longer, after having
done wonders in beggaring the Green Island.”
“They were helped by the country gentlemen there, my dear,” replied Mrs.
Serle, who was an English woman, “and by the manufacturers and
shipowners and others. I remember how my grandfather used to talk after
dinner about the ruin which would come upon us all if the Irish,—with
their low wages and light taxation, were allowed to get their own sugar
from the West Indies, and to pay for it with some articles of their own
produce. And my uncle Joe and the curate used to agree that we were
quite kind enough already to Ireland in giving her permission from year
to year to send beef and butter to our colonies, and to clothe her own
troops, then serving in America, with her own manufactures. The squire
and the clergyman and the shopkeeper in the next village got up a
petition to parliament against letting the Irish have any more trade,
lest they should spoil ours.”
Public-domain text, read in full here on John Shaqi.
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