The Life and Times of Queen Victoria; vol. 3 of 4Wilson, Robert
History
The Life and Times of Queen Victoria; vol. 3 of 4
Wilson, Robert
Great Britain -- History -- Victoria, 1837-1901; Victoria, Queen of Great Britain, 1819-1901
even condemned the policy of the Treaty as unsound.[61] The Queen was
not sanguine about the matter, and the Prince Consort saw in the Treaty
only a device for giving France the supply of coal and iron which she
needed to compete with England in the markets of the world, whereas
England surrendered valuable sources of revenue, without any adequate
compensation. The strongest point against the Treaty was made by Lord
Derby. He complained in the House of Lords that though the arrangement
was based on the assumption that there would be peace between France and
England, the general policy of the Cabinet, as tested by Mr. Gladstone’s
estimates, assumed that war between the two nations was imminent. On a
motion in the House of Commons asserting that it was not expedient to
diminish sources of revenue or add a penny to the Income Tax, the whole
policy of the Treaty and the Budget was challenged, and the opposition
to both defeated by a majority of 116. The theoretical objections to
commercial treaties generally were overcome by Mr. Gladstone’s argument
that by making a small sacrifice of revenue England gained a vast
extension of her export trade. But the real difficulty, of course, lay
in fixing the limits of the duties under the 13th Article of the
Treaty. A Commission was sent to Paris, on which Mr. Cobden agreed to
serve, for the purpose of beating down the duties from the thirty per
cent. maximum to a minimum of as nearly as possible ten per cent., and
it was while this Commission was haggling with the French Commissioners
that Cobden found himself thwarted by the secret hostility of the
Foreign Office, and embarrassed by the bellicose policy of the Cabinet,
which naturally produced ill feeling in France. He resented this action
so bitterly, that he could not bring himself to accept from the
Government the slightest reward for his services as a negotiator after
he had carried out his mission with triumphant success.[62]
Public-domain text, read in full here on John Shaqi.
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