Your Right Hon’ble Ruler rises after a public dinner, and holds
forth with matchless eloquence, pointing out the blessings and
prosperity Free Trade has brought to the country. His statements
are received with thunders of applause, and the Right Hon’ble
Orator and his audience disperse mutually satisfied with each other.
I wonder whether it ever occurs to the orator, in the quiet
of his chamber, that to use his own words, he “has resorted
to the simple but effectual plan of pure falsification.”[40]
Can he possibly be so ignorant of current events, and of the
subjects with which he ought to be acquainted, as not to know
that other nations--_protectionist nations_--_have made greater
relative advance_ than ourselves; that the increase of wealth is
_universal_; that it is shared by all civilized nations in common
with us; and that it is due to improvements in science, art,
and manufacture--to improved communications by railways, steam
navigation, telegraphs, &c., which have made such enormous strides
since the date at which Free Trade was adopted. Even Mill admits
that--
“So rapid had been the extension of improved processes of
agriculture, that the average price of corn had become decidedly
lower even before the repeal of the Corn Laws.”[41]
There have been short periods of temporary prosperity in
agriculture, and your Right Hon’ble Free Trader has been jubilant
in hailing them as triumphs of Free Trade; but Adam Smith says:--
_Improvements in manufacture tend to raise the value of land._[42]
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