Representative British Orations Volume 3 (of 4): With Introductions and Explanatory Notes
History
Representative British Orations Volume 3 (of 4): With Introductions and Explanatory Notes
Speeches, addresses, etc., English
But let us go on to two-sided protection, and see whether that is
any better—that is to say, protection in the shape of duties on
manufactures, and protection in the shape of duties upon corn, duties
upon meat, duties upon butter and cheese and eggs, and every thing that
can be produced from the land. Now, gentlemen, in order to see whether
we can here find a remedy for our difficulties, I prefer to speculation
and mere abstract argument the method of reverting to experience.
Experience will give us very distinct lessons upon this matter. We
have the power, gentlemen, of going back to the time when protection
was in full and unchecked force, and of examining the effect which it
produced upon the wealth of the country. How, will you say, do I mean
to test that wealth? I mean to test that wealth by the exports of the
country, and I will tell you why, because your prosperity depends upon
the wealth of your customers—that is to say, upon their capacity to
buy what you produce. And who are your customers? Your customers are
the industrial population of the country, who produce what we export
and send all over the world. Consequently, when exports increase, your
customers are doing a large business, are growing wealthy, are putting
money in their pockets, and are able to take that money out of their
pockets in order to fill their stomachs with what you produce. When, on
the contrary, exports do not increase, your customers are poor, your
prices go down, as you have felt within the last few years, in the
price of meat, for example, and in other things, and your condition
is proportionally depressed. Now, gentlemen, down to the year 1842 no
profane hand had been laid upon the august fabric of protection. For
recollect that the farmers’ friends always told us that it was a very
august fabric, and that if you pulled it down it would involve the ruin
of the country. That, you remember, was the commonplace of every Tory
speech delivered from a country hustings to a farming constituency.
But before 1842 another agency had come into force, which gave new
life in a very considerable degree to the industry of the country,
and that was the agency of railways, of improved communication, which
shortened distance and cheapened transit, and effected in that way an
enormous economical gain and addition to the wealth of the country.
Therefore, in order to see what we owe to our friend protection, I
won’t allow that friend to take credit for what was done by railways
in improving the wealth of the country. I will go to the time when I
may say there were virtually no railways—that is the time before 1830.
Now, gentlemen, here are the official facts which I shall lay before
you in the simplest form, and, remember, using round numbers. I do
that because, although round numbers cannot be absolutely accurate,
they are easy for the memory to take in, and they involve no material
error, no falsification of the case. In the year 1800, gentlemen,
Public-domain text, read in full here on John Shaqi.
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