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 The 3 George IV., cap. 41, repealed certain statutes relating to foreign commerce which were passed before the Navigation Act. Another Act (cap. 42) repealed that part of the Navigation Act itself which required that goods of the growth or manufacture of Asia, Africa, and America should only be imported in British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.These three eventsthe death of the Duke of York, the appointment of Mr. Canning as Prime Minister, and the entire remodelling of the Cabinet on Liberal principlessucceeding one another so rapidly in the early months of 1827, were regarded as the turning-points in the modern history of England, and fraught with most momentous consequences. The first changed the Heir-Apparent to the Throne, and for an obstinate bigot substituted a prince of popular sympathies. The second represented the triumph of intellect and public opinion over rank and monopoly. "Changes so vast," writes Sir Archibald Alison, "could not fail to exercise a powerful influence on the course of events in future times. The magnitude of the change appeared in the most decided manner when the Ministerial explanations usual in such cases took place in Parliament. Both Houses were crowded to excess, both in the highest degree excited, but the excitement in the two was as different as the poles are asunder: in the Commons it was the triumph of victory, in the Peers the consternation of defeat. So clearly was this evinced that it obliterated for a time the deep lines of party distinction, and brought the two Houses, almost as hostile bodies united under different standards, into the presence of each other. The Commons rang with acclamations when the new Premier made his triumphant explanation from the head of the Ministerial bench; but they were still louder when Mr. Peel, from the cross benches, out of office, said, 'They may call me illiberal and Tory, but it will be found that some of the most necessary measures of useful legislation of late years are inscribed with my name.' The tide of reform had become so strong that even the avowed Tory leaders in the Lower House were fain to take credit by sailing along with it. In the House of Lords, on the other hand, the feeling of the majority was decidedly hostile to the new Administration, and that not merely on the Tory benches, where it might naturally have been looked for, but among the old Whig nobility, who had long considered Government as an appendage of their estates. It was hard to say whether the old peers on both sides responded more strongly to the Duke of Wellington's and Lord Eldon's explanation of their reasons for declining to hold office, or to Earl Grey's powerful and impassioned attack on the new Premier. The division of the two Houses was clearly pronounced; the one presaged its approaching triumph, the other its coming downfall. The secret sense of coming change had raised their numbers in unwonted combinations, and the vital distinction of interest and order had for the time superseded the old divisions of party."
Template Eden is a marketplace for all kind of template. If you need a fresh looking, valid and
highly optimized template for your site this is the right place to fill your need in best
possible way.
Learn more
