Churchill, Randolph Henry Spencer, Lord, 1849-1895
What is the state of things in the world of British industry? We
are suffering from a depression of trade extending as far back as
1874, ten years of trade depression, and the most hopeful either
among our capitalists or our artisans can discover no signs of a
revival. Your iron industry is dead, dead as mutton; your coal
industries, which depend greatly on the iron industries, are
languishing. Your silk industry is dead, assassinated by the
foreigner. Your woollen industry is _in articulo mortis_, gasping,
struggling. Your cotton industry is seriously sick. The
shipbuilding industry, which held out longest of all, is come to a
standstill. Turn your eyes where you will, survey any branch of
British industry you like, you will find signs of mortal disease.
The self-satisfied Radical philosophers will tell you it is
nothing; they point to the great volume of British trade. Yes, the
volume of British trade is still large, but it is a volume which is
no longer profitable; it is working and struggling. So do the
muscles and nerves of the body of a man who has been hanged twitch
and work violently for a short time after the operation. But death
is there all the same, life has utterly departed, and suddenly
comes the _rigor mortis_. Well, but with this state of British
industry what do you find going on? You find foreign iron, foreign
wool, foreign silk and cotton pouring into the country, flooding
you, drowning you, sinking you, swamping you; your labour market is
congested, wages have sunk below the level of life, the misery in
our large towns is too frightful to contemplate, and emigration or
starvation is the remedy which the Radicals offer you with the most
undisturbed complacency. But what produced this state of things?
Free imports? I am not sure; I should like an inquiry; but I
suspect free imports of the murder of our industries much in the
same way as if I found a man standing over a corpse and plunging
his knife into it I should suspect that man of homicide, and I
should recommend a coroner’s inquest and a trial by jury.
(Blackpool, January 24, 1884.)
In any case, even, if free imports were a wise policy, he would not
allow Mr. Bright and the Liberal party the credit of the discovery:--
Public-domain text, read in full here on John Shaqi.
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