Political and Literary essays, 1908-1913Cromer, Evelyn Baring, Earl of
History
Political and Literary essays, 1908-1913
Cromer, Evelyn Baring, Earl of
Colonies; Colonization; History; Literature
The third argument adduced by Sir Roper Lethbridge is based on the
allegation that India is in a specially favourable position to adopt a
policy of retaliation. It is unnecessary to go into the general
arguments for and against retaliatory duties. They have been exhausted
in the very remarkable and frigidly impartial book written on this
subject by Professor Dietzel. It will be sufficient to say that here Sir
Roper Lethbridge is on stronger ground. The main argument against
retaliation in the United Kingdom is that foreign nations, by stopping
our supplies of raw material, could check our manufactures. We are,
therefore, in a singularly unfavourable position for engaging in a
tariff war. The case of India is wholly different. Foreign nations
cannot, it is alleged, dispense with the raw material which India
supplies. There is, therefore, a good _prima facie_ case for supposing
that India has relatively little to fear from retaliation on their part.
It would be impossible within the limits of the present article to deal
fully with all the aspects of this vitally important question. Attention
may, however, be drawn to the very weighty remarks of Sir Fleetwood
Wilson when he speaks of "the great alteration which a tariff war in
India would effect in the balance of our trade, in the arrangements that
now exist for the payment of our external debt, and in the whole of our
exchange policy. This aspect of the question is one of extraordinary
complexity, as well as of no small speculation." On the whole, although
the proposals made by Sir Roper Lethbridge and his associates deserve
full and fair consideration, it is most earnestly to be hoped that party
leaders in this country will insist on their elaboration in full detail,
and will then study every aspect of the question with the utmost care
before giving even a qualified pledge to afford them support. The
situation is already sufficiently difficult and complicated. It is not
improbable that the difficulties and complications, far from being
mitigated, would be increased by the pursuit into the economic
wilderness of the _ignis fatuus_ involved in the idea that it is
possible for a nation to impose a tax on itself and then make the
inhabitants of other countries pay the whole or the greater part of it.
[Footnote 96: It may be noted that Sir Gangadhar Chitnavis's idea of
Preference differs widely from that entertained by Sir Roper Lethbridge.
The former apparently wishes to abolish the excise duty on Indian cotton
goods, but to maintain that levied on similar goods imported from the
United Kingdom, whilst levying a still higher duty on goods from other
countries.]
XXI
ROME AND MUNICIPAL GOVERNMENT[97]
_"The Spectator," July 19, 1913_
Public-domain text, read in full here on John Shaqi.
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