Massachusetts -- Church history; Massachusetts -- History -- Colonial period, ca. 1600-1775; Puritans -- Massachusetts
privileged class reduced to these contemptible numbers a catastrophe
necessarily followed. Almost impregnable as the position of the
oligarchy appeared, it yet had its vulnerable point. As Burke told the
Duke of Portland, a duke’s power did not come from his title, but from
his wealth, and the landlords’ wealth rested on their ability to draw a
double rent from their estates, one rent for themselves, and another to
provide for the farmer to whom they let their acres. Evidently British
land could not bear this burden if brought in competition with other
equally good land that paid only a single rent, and from a pretty
early period the landlords appear to have been alive to this fact.
Nevertheless, ocean freights afforded a fair protection, and as long as
the industrial population remained tolerably self-supporting, England
rather tended to export than to import grain. But toward 1760 advances
in applied science profoundly modified the equilibrium of English
society. The new inventions, stimulated by steam, could only be utilized
by costly machinery installed in large factories, which none but
considerable capitalists could build, but once in operation the product
of these factories undersold domestic labor, and ruined and evicted the
population of whole regions like Halifax. These unfortunate laborers
were thrust in abject destitution into filthy and dark alleys in cities,
where they herded in masses, in misery and crime. In consequence grain
rose in value, so much so that in 1766 prayers were offered touching its
price. Thenceforward England imported largely from America, and in 1773
Parliament was constrained to reduce the duty on wheat to a point lower
than the gentry conceded again, until the total repeal of the Corn Laws
in 1846. [Footnote: John Morley, _The Life of Richard Cobden_, 167,
note 5.] The situation was well understood in London. Burke, Governor
Pownall, and others explained it in Parliament, while Chatham implored
the landlords not to alienate America, which they could not, he told
them, conquer, but which gave them a necessary market,--a market as
he aptly said, both of supply and demand. And Chatham was right, for
America not only supplied the grain to feed English labor, but bought
from England at least one third of all her surplus manufactures.
Public-domain text, read in full here on John Shaqi.
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