Representative British Orations Volume 3 (of 4): With Introductions and Explanatory Notes — John Shaqi
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
At the age of twenty he became a commercial traveller for his uncle,
and, in the course of the six years that followed, acquired a very
comprehensive knowledge of the industrial condition of England. When
he attained eminence there were many who remembered the discussions
on political economy and kindred subjects with which he had enlivened
his travelling associates. At twenty-six he induced two of his
acquaintances to join with him in entering upon a business of their
own. They founded an industry of calico-printing, and were so
successful that the firm soon had three establishments, one at Sabden,
where the printing works were, and one each at London and Manchester,
for the sale of their products. Cobden prints soon becoming famous for
the excellence of their material and the beauty of their design; the
sales were large and the income of the firm very considerable. In eight
years from the establishment of the partnership, the business was so
flourishing and so well organized that Cobden was able to devote his
energies almost exclusively to matters of public importance.
His first pamphlet, that entitled “England, Ireland, and America,”
was published in 1835, and attracted such attention for its breadth
and boldness that it ran rapidly through several editions. The views
advocated were those of peace, non-intervention, retrenchment, and free
trade,—in fact, the doctrines which he continued to hold throughout
life. A tour of observation in the United States and Canada, as well
as in the countries of Europe, intensified his convictions; and
consequently when, in 1838, the Anti-Corn-Law Association was formed,
it found him in every way fitted to take a leading part in the work of
agitation. It was at his suggestion that the local association was soon
changed into the National Anti-Corn-Law League.
The so-called Corn Laws have a long history. As early as 1436 an
attempt was made to regulate the price of grain in England by means of
export and import duties. The amount of duties imposed varied from time
to time according to the needs of the state treasury and the prices
of corn. It was not until the passage of what is known as Burke’s Act
of 1773 that any deliberate attempt was made to bring the Corn Laws
into some degree of reason and order. This act was the beginning of
a policy which some years later resulted in the adoption of what is
known as the sliding scale of rates. This policy culminated in the law
of 1828, which proceeded upon the general plan of making the duty vary
inversely with the price of grain in the home market. When the price
of wheat, for example, was sixty-four shillings a quarter, the duty was
twenty-three shillings and eight pence. For every rise of a shilling in
the market-price, the duty was diminished; while, on the other hand,
for every decline in the price the duty was increased. This was the
general character of the law which prevailed when the agitation of the
Anti-Corn-Law League began.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account