Ireland under the Stuarts and During the Interregnum, Vol. 3 (of 3), 1660-1690Bagwell, Richard
History
Ireland under the Stuarts and During the Interregnum, Vol. 3 (of 3), 1660-1690
Bagwell, Richard
Ireland -- History -- 17th century
In spite of remonstrances from the Irish Government, the Act for
excluding fat cattle came into force on July 1, 1664, and was to
continue till the end of the first session of the next Parliament,
which did not, in fact, meet for many years. Another question
affecting Irish trade then became prominent for a time. The trade with
the Canaries was entirely in the hands of the English, who had 'an
immoderate appetite' for the wine, and the islanders therefore obtained
very high prices. Certain London merchants represented that these
prices would be reduced by giving them a monopoly, and though there
was much opposition, a charter was granted in March 1665, followed by
a proclamation in May. Promoting the privileges of the Canary Company
was afterwards made an article of impeachment against Clarendon, and it
was said that he received a bribe of 4000_l._ He admits having favoured
the grant and received a present, but with the King's knowledge and
approval, and he says that every preceding Chancellor had done the
same in like case. One object of the monopolists was to prevent a
direct trade between Ireland and the islands carried on in part by
enterprising Jews who worked the business from Dublin. The question
had been discussed and the charter granted before Ormonde left England,
but when he was ordered to issue a proclamation as in England, the
Irish merchants at once protested. In those days cash payments for
foreign goods were considered a drain upon the national wealth, and
England had to balance her account with Canary by sending out specie,
whereas the meat, fish, butter, leather, pipe-staves, and frieze sent
from Ireland exceeded the value of the wine, the difference being paid
in pieces of eight. As to the liquor being dear, Ormonde said that 'if
men will drink canary they should pay for their delicacy, and whatever
they shall so pay is spent among us.' He was ready to obey the King's
positive commands, but on no other ground would he consent to deprive
Ireland of her most lucrative trade. In September 1666, he had to issue
the proclamation, but the plague, the fire, and the Dutch war were
all against the monopoly. The Spanish authorities gave every possible
opposition, interloping merchants were allowed to compete, and in the
end the company were fain to surrender their charter, which was much
disliked by the English House of Commons. Ireland imported some 2000
pipes of Canary wine annually, but it is not improbable that some of
this found its way to England, as the defeated monopolists asserted.[64]
[Sidenote: Question of prohibiting Irish cattle.]
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account