Representative British Orations Volume 1 (of 4): With Introductions and Explanatory Notes
History
Representative British Orations Volume 1 (of 4): With Introductions and Explanatory Notes
Speeches, addresses, etc., English
Sir, I should be inexcusable in coming after such a person with any
detail, if a great part of the members who now fill the House had not
the misfortune to be absent when he appeared at your bar. Besides, sir,
I propose to take the matter at periods of time somewhat different from
his. There is, if I mistake not, a point of view, from whence, if you
will look at this subject, it is impossible that it should not make an
impression upon you.
I have in my hand two accounts: one a comparative state of the export
trade of England to its colonies as it stood in the year 1704, and as
it stood in the year 1772; the other a state of the export trade of
this country to its colonies alone, as it stood in 1772, compared with
the whole trade of England to all parts of the world, the colonies
included, in the year 1704. They are from good vouchers; the latter
period from the accounts on your table, the earlier from an original
manuscript of Davenant, who first established the inspector general’s
office, which has been ever since his time so abundant a source of
parliamentary information.[48]
The export trade to the colonies consists of three great branches: the
African, which, terminating almost wholly in the colonies, must be
put to the account of their commerce; the West Indian, and the North
American. All these are so interwoven, that the attempt to separate
them would tear to pieces the contexture of the whole, and, if not
entirely destroy, would very much depreciate the value of all the
parts. I therefore consider these three denominations to be, what in
effect they are, one trade.
The trade to the colonies, taken on the export side, at the beginning
of this century, that is, in the year 1704, stood thus:
Exports to North America and the West Indies £483,265
To Africa 86,665
--------
£569,930
In the year 1772, which I take as a middle year between the highest and
lowest of those lately laid on your table, the account was as follows:
To North America and the West Indies £4,791,734
To Africa 866,398
To which, if you add the export trade from
Scotland, which had in 1704 no existence 364,000
----------
£6,022,132
From five hundred and odd thousand, it has grown to six millions.
It has increased no less than twelve-fold. This is the state of the
colony trade, as compared with itself at these two periods, within
this century; and this is matter for meditation. But this is not all.
Examine my second account. See how the export trade to the colonies
alone in 1772 stood in the other point of view, that is, as compared to
the whole trade of England in 1704.
Public-domain text, read in full here on John Shaqi.
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