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
I cordially concur in the feeling that the prosperity of the
agriculturist must depend on the general prosperity of the manufacturer,
and of commercial interests in general. There can be no doubt about
that, and then corn laws are supported, not with a view to the advantage
of any particular interest or class of men, but with a view to render
the whole country independent of foreign countries in respect of its
supply of food. I believe that all parts of the country, and every
individual resident in it, are interested in this subject.
_May 17, 1841._
* * * * *
_Cotton and Corn._
Allusion has been made to the increase in imports in cotton. It has been
said but small profits were made upon the manufacture of this immense
quantity of produce, but that appears to me to have no connection with
the question of the corn laws. The fact is, the improvements in the
machinery, and the introduction of steam, have enabled the manufacturers
to manufacture with very little cost. They do not make the profit now
they did fifty years ago; but they still make profits, although
diminished by competition--not by competition with the foreigner, but by
competition at home. Other manufacturers who were aware that profits
were to be made, although not so large as formerly, entered the field,
built new manufactories, established machinery, and thus introduced
fresh competition.
_May 25, 1841._
* * * * *
_Grounds of Complaint against the Whigs in_ 1841.
Public-domain text, read in full here on John Shaqi.
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