Waterways and Water Transport in Different Countries: With a description of the Panama, Suez, Manchester, Nicaraguan, and other canals.Jeans, J. Stephen (James Stephen)
History
Waterways and Water Transport in Different Countries: With a description of the Panama, Suez, Manchester, Nicaraguan, and other canals.
Jeans, J. Stephen (James Stephen)
Canals
It was while we were depending exclusively upon this expensive and
tedious system of conveyance, when the internal development of the
country was rendered all but impossible by the heavy expense of
bringing produce to the sea, and when our export trade was consequently
of the most restricted dimensions, that canals came to the rescue. They
worked a marvellous change in the trade of the country—a change which
can, perhaps, be best illustrated by the ordinarily dry, but in this
case almost thrilling, returns of our exports and imports. Burke, in
one of his greatest speeches,[26] spoke of a total exportation of the
value of 14½ millions, and a total importation of 9½ millions sterling,
as an index of extraordinary prosperity. In another equally great
oration[27] he said, speaking of the fact that we were then exporting
rather over six millions a year to our colonies, that “when we speak of
the commerce with our colonies, fiction lags after truth; invention is
unfruitful, and imagination cold and barren.” What would he have said
had he lived to see, as we have done, our exports reach the vast total
of 250 millions a year, with nearly 90 millions of exports to our
colonies? Canals certainly did not complete this revolution, but they
had a very important share in giving it a start. Between the time
when the canal system was commenced, about 1760, and the end of the
first canal period, which may be put at 1838, the export trade of the
country advanced from 14 millions to about 50 millions per annum. This
is poor progress, compared with what has since been attained, through
the development of the steamship, the railway, the telegraph, and other
modern adjuncts of commerce, but it was deemed as remarkable for that
day as we consider our subsequent progress to be in ours.
Public-domain text, read in full here on John Shaqi.
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