Maxims and Opinions of Field-Marshal His Grace the Duke of Wellington, Selected From His Writings and Speeches During a Public Life of More Than Half a CenturyWellington, Arthur Wellesley, Duke of
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Maxims and Opinions of Field-Marshal His Grace the Duke of Wellington, Selected From His Writings and Speeches During a Public Life of More Than Half a Century
Wellington, Arthur Wellesley, Duke of
Great Britain -- Politics and government -- 19th century; Wellington, Arthur Wellesley, Duke of, 1769-1852
The greatest difficulty is experienced by our manufacturers in exporting
their manufactures. In some countries there is a total prohibition of
them; in others there is an extremely high duty; and in all there is
much competition and jealousy. The Government, in every one of those
foreign countries, seems to do everything in its power to prevent the
sale of British manufactures. I am convinced, if we went to the
Continent, and purchased all the corn in Poland, not an additional
article should we be able to force into France, Germany, Prussia, or
Russia, If the merchants of this country were allowed freely to purchase
grain, foreign subjects would get as much for their corn as they
possibly could; but their rulers would not allow a single article of our
manufactures to be imported in consequence of our being obliged to buy,
or in return for our buying the grain of those countries. There is,
undoubtedly, a certain quantity of manufactures in this country more
than the population itself can consume, which it would be very desirable
to get rid of. But, my Lords, is it exactly true, that taking foreign
corn would have the effect of enabling other countries to purchase them?
And even if such were the case, what are we to do with our own corn?
Now, my Lords, if the buying corn of the Pole, the Russian, or the
Prussian, enable them to give high prices for our manufactures, why do
not you give the same advantages to those nearer home? For my own part,
I believe, after all, that the home market is our best resource, and
that there we dispose of the greatest proportion of our manufactured
articles. It has, and I think with truth, been stated, that two-thirds
of the whole quantity of our manufactures are disposed of in this
country. The whole of our woollen and the whole of our silk manufactures
are consumed here; and of iron and other manufactures, a very
considerable portion. I ask, then, if such profits are to be derived
from an exchange with a foreign market, why do you not cultivate the
home, which is admitted to be decidedly the best market of all. I think
the more this matter is discussed, the more will the country see that
the interests of one class of the community involve the interests of
all. We are not to look merely to the interests of the cotton
manufacturers, or of the iron manufacturers. That which we are bound to
consider is the benefit of all; and, in my opinion, the common good will
be most effectually secured, by getting the greatest quantity of
provisions for the whole community,--by giving a proper remuneration to
those who produce such provisions,--and thus encouraging them to do that
which is most beneficial to the community at large.
_March 29, 1830._
* * * * *
_How far the principle of Equitable Adjustment should be carried._
Public-domain text, read in full here on John Shaqi.
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