ONE:A law in force since the time of Cromwell had provided that no merchandise from Asia, Africa, or America should be imported into Great Britain in any foreign ships; and not only the commander, but three-fourths of the crew, were required to be English. In addition to this restriction of our foreign commerce to English-built and English-manned ships, discriminating duties were imposed upon foreign ships from Europe, which had to pay more heavily than if the goods were imported under the British flag. The object of this system, which prevailed for one hundred and fifty years, was to maintain the ascendency of Britain as a Maritime Power. Adam Smith remarks that the Navigation Act may have proceeded from national rivalry and animosity towards Holland; but he held that its provisions were as beneficial as if they had been dictated by the most consummate wisdom. He admits, however, that they were not favourable to foreign commerce, or to the growth of that opulence that can arise from it, remarking, "As defence is of more value than opulence, the Act of Navigation is perhaps the wisest of all the commercial regulations of England." But had Adam Smith lived later on, he would have seen that the utmost freedom of commerce with foreign nations, and the most boundless opulence arising from it, are quite compatible with a perfect system of national defence; and whatever were the advantages of the restrictive system, other nations could act upon it as well as England. America did so, and thus commenced a war of tariffs equally injurious to herself and the mother country, causing the people of each to pay much more for most of the commodities they needed than they would have done if the markets of the world were open to them. The consequence was that both parties saw the folly of sending their ships across the Atlantic in ballast, and a commercial treaty was concluded in 1815, which put the shipping of both America and England upon an equal footing, and relieved them from the necessity of paying double freight. The reciprocity system was also partially adopted in our commerce with other countries. In 1822 Mr. Wallace had brought in four Bills, which made other important alterations. The 3 George IV., cap. 41, repealed certain statutes relating to foreign commerce which were passed before the Navigation Act. Another Act (cap. 42) repealed that part of the Navigation Act itself which required that goods of the growth or manufacture of Asia, Africa, and America should only be imported in British ships; and that no goods of foreign growth or manufacture should be brought from Europe, except from the place of their production, and in the ships of the country producing them. The next enactment prescribed certain specified goods to be brought to Great Britain from any port in Europe, in ships belonging to the ports of shipment. Two other Acts further extended freedom of commerce, and removed the vexatious restrictions that had hampered our colonial and coasting trade. In 1823 Prussia retaliated, as the United States had done, which led Mr. Huskisson to propose what are called the Reciprocity Acts, 4 George IV., cap. 77, and 5 George IV., cap. 1, which empowered the king, by Order in Council, to authorise the importation and exportation of goods in foreign ships from the United Kingdom, or from any other of his Majesty's dominions, on the same terms as in[240] British ships, provided it should first be proved to his Majesty and the Privy Council that the foreign country in whose favour the order was made had placed British ships in its ports on the same footing as its own ships. These enactments proved an immense advantage to the people of the nations affected by them, and satisfied all parties but the ship-owners, who cried out loudly that their interest was ruined. But their complaints were altogether unfounded, as will appear from the following figures. Under the restrictive system, from 1804 to 1823, the tonnage of British shipping had increased only ten per cent. Under the Reciprocity Acts and the Free Trade system, from 1823 to 1845, the increase rose to forty-five per cent. This result fully bore out the calculations and anticipations of Mr. Huskisson, in his answer to the arguments of the Protectionists.After the Painting by BIRKET FOSTER, R.W.S.
TWO:CHAPTER V. THE REIGN OF GEORGE IV.
FORE:A great proportion of these results had been produced by the rapid growth of manufactures. The introduction of steam, and the inventions of the spinning-jenny and other kinds of machinery, had given such a development to manufactures, that the value of these at the end of the reign made three-fourths of the whole exports. Agriculture had made considerable progress, and of this art the king was a zealous patron, especially of the improvements in the breed of sheep, importing himself merinos from Spain at great cost. There were also great promoters of improvements in stock, such as Bakewell, Culley, and others, and the high price of corn and of all kinds of agricultural produce during the war acted as stimulants to farming. The value of land also caused the enclosure of vast tracts, and much planting of trees was done, especially in Scotland, which had previously been very neglectful in that respect.The repulse of the French in their attack on Holland, and their repeated defeats in Belgium, which will be mentioned in the next chapter, induced the French Government to make overtures for peace with Britain, but in a secret and most singular way. Instead of an open proposal through some duly-accredited envoy, the proposals came through a Mr. John Salter, a public notary of Poplar. This notary delivered to Lord Grenville two letters from Lebrun the French Foreign Minister, dated the 2nd of April, stating that France was desirous to accommodate its differences with Britain, and, provided the idea was accepted, M. Marat should be sent over with full powers, on passports being duly forwarded. A Mr. John Matthews, of Biggin House, Surrey, attested that these notes were perfectly genuine, and had been signed in the presence of himself and Mr. John Salter. Lord Grenville, suspecting a correspondence coming through so extraordinary a medium, and believing that the design of the French was only to gain time, in order to recover their losses, took no notice of the letters. Moreover, as the Jacobins were then following up their attacks on the Girondists from day to day, he saw no prospect of any permanence of this party in power. In fact, they were expelled by the 2nd of June, and on the 22nd of that month Lebrun was in flight to avoid arrest. Marat arrived, but held no communications with Grenville, and very shortly returned to France. Soon afterwards came indirect overtures through Dumouriez to our ambassador, Lord Auckland, but they were too late. War had been declared.
Nunc at viverra risus. In euismod quam ac dictum varius. Nunc at viverra risus.
Nunc at viverra risus. In euismod quam ac dictum varius. Nunc at viverra risus. In euismod quam ac dictum varius. Nunc at viverra risus. In euismod quam ac dictum varius. Nunc at viverra risus.