United States or Solomon Islands ? Vote for the TOP Country of the Week !
Under these circumstances the demand for free-trade grew stronger and stronger; and the league had the satisfaction of gaining over to its ranks no less a person than Sir Robert Peel himself. When Peel announced his change of opinion in the House of Commons, the anger of the Protectionists, who were chiefly Conservatives, knew no bounds.
For, quickly after the War of the Rebellion closed, as has been already mentioned the defeated Rebel leaders, casting in their lot with their Democratic friends and allies, openly and without special rebuke, prevailed upon the National Democracy to adopt the Rebel Free-Trade Shibboleth of "a Tariff for revenue;" and that same Democracy, obtaining power and place, through violence and fraud and falsehood at the so-called "elections" in the Solid Southern States, now threatens the Country once more with iniquitous Free-Trade legislation, and all its attendant train of commercial disasters and general industrial ruin.
Nevertheless, the plain, blunt men are not satisfied. They do not as yet feel sure as to its meaning. They think it indicates either over-thoughtfulness about trifles or else a leaning, slight though it be, toward despotism and free-trade.
He was still a Tory in home politics, but had become a Liberal in his commercial ideas, and was Peel's right-hand man in carrying out his great commercial policy. The repeal of the Corn-Laws was the work for which his cabinet had been formed, and Gladstone, as the leading free-trader in the Tory ranks, was called to it. As for Cobden, the apostle of free-trade, Gladstone admired him immensely.
But is free-trade to be confined to corn? Are the agriculturists alone to be deprived of protection, the manufacturing interests retaining the advantage of those protecting duties which exclude the competition of foreign markets? That is plainly impracticable.
"Give us this," he said, "and take us into your system of American free-trade as between the different States of your American Union, and no end of capital will soon be coming into Ireland, not only from your enormously rich and growing Republic, but from Great Britain too. Give us the American market, putting Great Britain on a less-favoured footing, just as Mr.
But now, if we may judge from the newspapers, one of the complaints made against the free-trade system and the free-trade Budget of my right hon. friend is not that the revenue will expand too little, but that there is the possibility that it will expand too much.
Indifference of the Country to Reform. Repeal of the Navigation Laws. Resolutions in Favor of Free-trade. The Great Exhibition of 1851. The transactions mentioned in the last chapter were among the last events of Lord Melbourne's ministry.
The convention of merchants which Louis XIV. called in Paris, during the year 1701, blamed monopolies in the address which it drew up, and declared freedom of trade to be more beneficial to the State; but this was partly because the Guinea Company arbitrarily fixed the price of slaves too high, and carried too few to the colonies. So a free-trade in negroes became at last a national necessity.
New Constitution for Canada and other Colonies. Case of Stockdale and Hansard. Sir Robert Peel becomes Prime-minister. Commercial Reforms. Free-trade. Religious Toleration. Maynooth. The Queen's University. Post-office Regulations. The Opening of Letters. Naturalization of Aliens. Recall of Lord Ellenborough. Reversal of the Vote on the Sugar Duties. Refusal of the Crown to Sanction a Bill.
Word Of The Day