The Life and Times of Queen Victoria; vol. 1 of 4Wilson, Robert
History
The Life and Times of Queen Victoria; vol. 1 of 4
Wilson, Robert
Great Britain -- History -- Victoria, 1837-1901; Victoria, Queen of Great Britain, 1819-1901
never been taken off to this day, though varying in amount from time to
time. We must never forget, however, that its existence, unpleasant and
objectionable as it is in some respects, has enabled successive
Governments to remove many millions of taxation, which hampered trade,
and seriously enhanced the price of necessaries. In the year now passing
under notice (1842), Sir Robert Peel reduced the Customs duties on 750
out of 1,200 articles, and entirely abolished the duties on some minor
foreign commodities. The reduction of indirect taxation in the ensuing
three years was about £12,000,000.
While thus opening a new and in many ways better prospect to the
country, the Premier still clung to Protectionist measures with regard
to foreign corn. On the 9th of February--a month before the introduction
of the new Tariff--he brought forward his Sliding Scale, by which the
duties on foreign wheat, oats, and barley, rose or fell according to the
cheapness or dearness of what was grown at home. The arrangement gave
satisfaction to no one. Mr. Cobden and his followers would accept
nothing but absolute freedom of trade; the landed proprietors were
content with nothing short of absolute Protection; and between these two
extremes were the Whigs, who preferred--for the present, at least--the
low fixed duty which they had proposed the year before. Nevertheless,
Peel carried his Sliding Scale, for he had a good party vote at his
back. The members of the Anti-Corn-Law League, however, had the greatest
cause for rejoicing, for it was evident that matters were moving in the
direction of Free Trade. People began to talk of the Corn Laws as
doomed, and even Sir Robert Peel, in his speech of March 11th, when
introducing his Tariff proposals, observed:--“I believe that on the
general principle of Free Trade there is now no great difference of
opinion, and that all agree in the general rule that we should purchase
in the cheapest market, and sell in the dearest.” He still held back
from applying this rule to corn; but no one could doubt how his mind was
tending, and some four years later he began that beneficent course of
Free Trade legislation which Liberal Governments afterwards perfected.
The Leaguers acquired fresh spirit from the prospect of approaching
triumph, and renewed meetings were held, both in London and the
provinces.
Public-domain text, read in full here on John Shaqi.
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