William Pitt and the Great WarRose, J. Holland (John Holland)
History
William Pitt and the Great War
Rose, J. Holland (John Holland)
Europe -- History -- 1789-1815; Great Britain -- History -- George III, 1760-1820; Pitt, William, 1759-1806
Pitt and his colleagues sought to check the practice of forestalling.
But, as usually happens in a struggle with human selfishness, success
was doubtful. More fruitful was the expedient of attracting foreign corn
by granting large bounties on imports. As if this were not enough,
British warships sometimes compelled neutral corn-vessels, bound for
France, to put in at our harbours and sell their cargoes at the high
prices then prevailing, a high-handed practice which prepared the way
for the Armed Neutrality League of 1800. These exceptional expedients
seem to have been due to what Sheffield called "a sure little
junto,"--Pitt, Ryder, and Jenkinson. He further accused them of taking
the corn trade out of the hands of the merchants and then dropping State
management prematurely. Over against this captious comment may be placed
the undoubted fact that, early in the year 1796, wheat sold at six
guineas the quarter, and by the month of May was down nearly to normal
prices. In that month Pitt deemed the crisis past; for the King's Speech
of 19th May, at the end of the last session of that Parliament,
congratulated members on the success of their efforts to afford relief
to the people. The harvest of 1796 was more abundant; but confidence
was not restored until late in the year. As Whitbread pointed out, the
increase of large farms at the expense of the little men led to the
holding back of the new corn. The small farmer perforce had to sell his
corn at once. The wealthy farmer could bide his time.[426]
In these years of dearth, when the troubles in Poland restricted the
supply of corn from that natural granary, the importance of the United
States became increasingly obvious. Pitt had consistently sought to
improve the relations with our kinsmen, and in 1791 sent out the first
official envoy, George Hammond. The disputes resulting from the War of
Independence and those arising out of the British Maritime Code during
the Great War, brought about acute friction; but the good sense of Pitt,
Washington, and John Jay, his special envoy to London, led to the
conclusion of an Anglo-American Treaty (7th October 1794). Though hotly
opposed by the Gallophil party at Washington, it was finally ratified in
September 1796, and thus postponed for sixteen years the hostilities
which had at times seemed imminent. For the present the United States
sent us an increased quantity of cotton wool, but mere driblets of corn
except in seasons of scarcity. Lancashire benefited from the enhanced
trade, while the British farmer did not yet discern the approach of
times of ruinous competition.[427]
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Public-domain text, read in full here on John Shaqi.
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