Truly, my Friend, you cannot congratulate Free Trade on the
decrease of pauperism, crime, and intemperance it has produced.
FOOTNOTES:
[45] “In fifty years, Great Britain has lifted her estimate on this
point so rapidly that she spends five times as much for a given
number of paupers? than she did fifteen years after the opening
of the century.” (‘Practical Political Economy,’ by Profr. Bonamy
Price, p. 237.)
[46] _Comparative Cost of Relief to Paupers._
England £10 0
France 2 2
Belgium and Holland 1 3
(Mulhall’s Statistics, p. 346.)
[47] _Expenditure in London Charities._
1859. 1881.
Orphanages £409,000 £458,000
Homes for aged 88,000 770,000
Asylums 25,000 156,000
Hospitals, &c. 301,000 596,000
------- --------
Total 823,000 1,980,000
[48] The financial condition of many of the Trades Unions is
causing serious alarm. The drain has been so heavy on them, that
their capital is greatly reduced, and unless some change takes
place, they will become bankrupt. The increase of pauperism will
then be enormous.
[49] _Fortnightly Review_, January, 1871.
[50] _The Mail_, December 19th, 1883.
CHAPTER XIV.
JUGERNATH AFLOAT.
I see, my Friend, that you are bringing out your trump card.
“Behold!” you argue “the unfortunate condition to which America has
been reduced by her protectionist policy; she has scarcely a ship
afloat, whilst Free Trade England is carrying the commerce of the
world.”
First, I would ask, are you _quite_ sure that all this is caused by
Free Trade?
Don’t you think that it is just within the bounds of possibility
that our shrewd American cousins may possibly find a quicker and
more remunerative investment for their capital, in encouraging
their home-productive industries, and in employing their
home-labour productively, than in a keen competition with the
English for a barren trade that is not worth having?
Are you ignorant of the fact that the shipping trade has been a
losing concern for some considerable period?
Are you unaware of the fact that wheat has been frequently carried
as ballast, and has paid no freight; that other articles have been
carried at almost nominal rates?
In the _Civil and Military Gazette_ of 7th December, 1883, under
the Telegraphic Summary, I read--
“It is predicted that, unless freight rates to India speedily
improve, a considerable number of steamers now engaged in the
trade will be laid up.”
I also read in the _Madras Mail_, January 9th, 1884, that an organ
of the shipping interests in London has drawn up the probable
“results of the gross working of thirteen steamers of a well-known
Steam Navigation Company, the result of which is a total loss of
£34,000 in one year’s trading.”
Are the Americans to be pitied, because they have no share in this
losing concern?
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