The Industrial History of EnglandGibbins, Henry de Beltgens
History
The Industrial History of England
Gibbins, Henry de Beltgens
Great Britain -- Economic conditions; Industries -- Great Britain -- History
Meanwhile, since the war of American Independence, England
had been building up a great colonial empire, and she had the sense
not to attempt again to levy taxes upon her unwilling offspring. India
was taken over from the East India Company (1858). The colonies of
Canada and the Cape were gained by conquest; those of Australia and
New Zealand were the result of spontaneous settlement. The two former
were captured from the French and Dutch, but of the second of them
at least we have not made a commercial or even a political success;
nor are we likely to do so unless we can contrive to keep on good
terms with the original settlers, and to allow no misplaced sentiment
about native races to disturb cordial relations between Europeans.
As regards our Australasian colonies, they have grown far beyond
the expectations of former generations, and gained for themselves
entire political freedom, though they have chosen to use it chiefly
in carrying on a one-sided war of hostile protective tariffs against
their mother-country. As, however, they owe English capitalists a good
deal of money, the interest on which is paid in colonial goods, there
is a strong commercial bond of union between us and them; a bond which
protectionists in England are strangely anxious to break, by placing
unnatural obstacles upon the payment in goods of the interest due upon
colonial loans.
[61. See note 16, p. 250, on his French treaty.]
§ 6. ENGLAND AND OTHER NATIONS’ WARS--But besides the extension of
our colonial relations, English trade has benefited by the quarrels
of her competitors. The prostration of Continental nations after 1815
precluded much competition till almost the middle of the century, and
{217} then the Crimean War broke out (1854–56). As mentioned before,
this war gave a great stimulus to our agriculture, and had a similar
effect upon our manufactures. The Indian Mutiny which followed it did
not much affect our trade, but it rendered necessary the deposition
of the East India Company and the assumption of government by the
Crown (1858),[62] and thus eventually served to put our relations
to that vast and rich empire upon a much more satisfactory and
profitable basis. About the same time the Chinese wars of 1842 and
1857, regrettable as they were, established our commercial relations
with the East generally upon a firm footing, and since then our trade
with Eastern nations has largely developed. Then came the Civil War in
America (1861–65), after which there was an urgent demand for English
products to replace the waste caused by this severe conflict. The
Civil War was succeeded by a series of short European wars, chiefly
undertaken for the sake of gaining a frontier, as was the war waged by
Prussia and Austria upon Denmark (1864), followed by another struggle
between the two former allies (1866). Then in 1870–71 all Europe was
shaken by the tremendous fight between France and Germany, and since
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