Prospectus of the Scots New Zealand Land Company — John Shaqi
Prospectus of the Scots New Zealand Land CompanyMatthew, Patrick
History
Prospectus of the Scots New Zealand Land Company
Matthew, Patrick
New Zealand -- Emigration and immigration; Scots New Zealand Land Company
But our advocates of restriction and home monopolies exclaim--Why
export workmen when so much improvement can still be made in Britain?
Why import food and raw produce while we have full capacities of
growing enough at home? Were Great Britain properly cultivated it
would produce double what it now produces. The answer is, It is not
what Britain is capable of producing, but what it in reality will be
made to produce, which concerns us. Further improvement, and even
the keeping up of the improvement already effected, depend upon the
returns of the capital employed. If, from the less exhausted field for
production abroad, we can obtain ten per cent. per annum for capital,
while from the more exhausted, restriction-limited field at home, we
can obtain only four per cent., capital will continue to be exported
and British improvement will languish, or things will retrograde. This
is the actual state of matters, and unless means are taken to bring
about a more salutary state, the improvements they look forward to,
and which Britain is indeed susceptible of, will never be attained.
By a properly conducted colonization, in the first place, diminishing
the labour-supply, and acting as a stimulus to our labour-market, and
afterwards affording a continually increasing stimulus by means of
the new-created, fast-extending colonial field of demand for British
manufactures, and all this working in mutual reaction to excite
industry, we may in reality go on improving till Britain produce ten
times over what she now produces.
This attempt to draw attention to colonization proceeds from no wish
to check the present national effort to obtain free trade! Colonial
intercourse is in effect a circumscribed kind of free trade, under
peculiarly favourable circumstances; _and the amazing increase, and
vast extent and advantage, of our colonial trade, is the most direct
proof of the advantage, not only to Britain, but to mankind, which
would result from free trade over all_. Every enactment to prevent the
exchange of the produce of labour between man and man, and nation and
nation, if the article is not injurious to health and morals, is truly
diabolic. All who have aided in these enactments ought to be held up
to the detestation of mankind as repressers of industry, as promoters
of misery, as ministers of evil, selfishly bent upon rendering
abortive the good which a benevolent Providence has designed for
man, in forming one portion of the earth more fitted for the seat of
manufacturing industry and trade, and other portions for the peculiar
production of various kinds of food and raw material, thus calculated,
by giving rise to a reciprocity of advantageous intercourse, to promote
an enlightening and friendly connection, and to diffuse science,
morality, the arts of life, all that conduces to improvement and
happiness, over the nations.
Public-domain text, read in full here on John Shaqi.
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