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-Project Gutenberg's The British Jugernath, by Guildford L. Molesworth
-
-This eBook is for the use of anyone anywhere in the United States and most
-other parts of the world at no cost and with almost no restrictions
-whatsoever. You may copy it, give it away or re-use it under the terms of
-the Project Gutenberg License included with this eBook or online at
-www.gutenberg.org. If you are not located in the United States, you'll have
-to check the laws of the country where you are located before using this ebook.
-
-Title: The British Jugernath
- Free trade! Fair trade!! Reciprocity!!! Retaliation!!!!
-
-Author: Guildford L. Molesworth
-
-Release Date: September 6, 2017 [EBook #55493]
-
-Language: English
-
-Character set encoding: UTF-8
-
-*** START OF THIS PROJECT GUTENBERG EBOOK THE BRITISH JUGERNATH ***
-
-
-
-
-Produced by Chris Curnow, John Campbell and the Online
-Distributed Proofreading Team at http://www.pgdp.net (This
-file was produced from images generously made available
-by The Internet Archive)
-
-
-
-
-
-
-
-
-
- TRANSCRIBER’S NOTE
-
- Italic text is denoted by _underscores_.
-
- Many Footnotes have two or more anchors.
-
- Some minor changes are noted at the end of the book.
-
-
-
-
- THE BRITISH JUGERNATH.
-
- FREE TRADE! FAIR TRADE!! RECIPROCITY!!!
- RETALIATION!!!!
-
- A gruesome huge misshapen monster void of sight.--_Virgil._
-
- BY
-
- G. L. M.
-
-
- LONDON:
- E. & F. N. SPON, 125, STRAND.
- 1885.
-
- _Price Sixpence._
-
-
-
-
- LONDON:
- PRINTED BY WILLIAM CLOWES AND SONS, LIMITED,
- STAMFORD STREET AND CHARING CROSS.
-
-
-
-
- Dedicated
-
- TO
-
- SIR EDWARD SULLIVAN, BART.,
-
- IN ACKNOWLEDGMENT OF
- THE MANY VALUABLE HINTS THE AUTHOR HAS DERIVED
- FROM HIS
-
- “BUBBLES.”
-
-
-
-
-PREFACE TO THE SECOND EDITION.
-
-
-The following squib was written in 1883, with the intention of
-drawing attention to the serious danger into which we are rapidly
-drifting, through the suicidal policy of our rulers.
-
-Since it was written the evils indicated therein have greatly
-increased in intensity.
-
-The interests of the producers having been completely sacrificed to
-those of the consumers; the results of such a policy are becoming
-painfully apparent, in the increasing number of the unemployed,
-consequent on _unlimited foreign competition_.
-
-Working men who are unable to obtain employment can no longer be
-persuaded, either by the plausible statistics of Mr. Giffen, or
-by the peevish denunciations of Mr. Bright, that, thanks to Free
-Trade, they are better off than they were ever before.
-
-Cheap food is of little avail if the means of purchasing it be not
-forthcoming.
-
-The cry for _fair_ trade is waxing stronger and stronger.
-
-I have endeavoured to show that a light tax on foreign wheat,
-would, without any appreciable increase in the cost of food,
-probably enrich England and its dependencies to the extent of about
-£60,000,000 annually; whilst at present a large portion of this is
-employed in furnishing the sinews of war which will probably be
-used against us.
-
- G. L. M.
-
- _March 30th, 1885._
-
-
-
-
-INDEX.
-
-
- PAGE
- CHAP. I.--To the Votaries of Jugernāth 1
- II.--The Blasphemer 2
- III.--What is Jugernāth? 4
- IV.--A few ugly Facts 6
- V.--Axioms for Jugernāthians 9
- VI.--Political Economy 12
- VII.--Political Extravagance 17
- VIII.--False Prophets of Jugernāth 21
- IX.--Isolation of Jugernāth 24
- X.--Treachery in the Camp 29
- XI.--Quem Jupiter vult perdere prius dementat 33
- XII.--The wages of Jugernāth 35
- XIII.--Pauperism, Crime, and Intemperance 37
- XIV.--Jugernāth afloat 41
- XV.--Adverse Prosperity 43
- XVI.--Sacred Rights of Property 47
- XVII.--Selections from Jugernāth’s Sacred Writings 51
- XVIII.--The Vampire 54
- XIX.--Odimus quos læsimus 59
- XX.--Prosperous Adversity 63
- XXI.--Ireland under the wheels 64
- XXII.--The Finishing Stroke 68
- XXIII.--Little Greatness 71
- XXIV.--Blunder and Plunder 73
- XXV.--Dear Cheap Food 77
- XXVI.--The Pagoda tree 81
- XXVII.--I know a Maiden fair to see 85
-
- APPENDIX I.--Discourtesy _versus_ Argument 89
- ” II.--Unheeded Warning 96
-
-
-
-
-THE BRITISH JUGERNATH.
-
-
-
-
-CHAPTER I.
-
-TO THE VOTARIES OF JUGERNATH.
-
-
-My Idolatrous Compatriot! Were it not for the gravity of the
-situation, it would be amusing to watch the self-complacent smile
-of conscious superiority which you assume, when descanting on
-the paternal character of our rule in suppressing such abuses as
-those of Suttee and Jugernāth; unconscious at the same time that
-the Jugernāth of the wretched Hindoo is dwarfed into complete
-insignificance when compared with that huge idol which you yourself
-have set up for worship.
-
-My dear fellow! for goodness’ sake put away the microscope with
-which you are so patiently investigating the mote in the eye of
-your Aryan brother, and bear with me, whilst I attempt to extract
-the huge log which obscures your own visual organs. And should
-I (contrary to my expectation), succeed in removing so large a
-mass, you will find that, whilst you have been depriving your
-Aryan brethren of their comparatively innocent little plaything,
-which at the most might have crushed some half dozen fanatics,
-in the course of a year, you have reared up a horrible fantastic
-creation which you worship, which in its progress is crushing its
-thousands and even millions every year; which is stamping out the
-lifeblood of England and its dependencies; whilst all the time
-you are applauding it, sounding your political tom-toms, blowing
-your trumpets to shouts of wah! wah! complacently misapplying glib
-quotations from your sacred Vedas (Adam Smith and Mill), flaunting
-your banners of political economy while violating every principle
-of that useful but misused science.
-
-
-
-
-CHAPTER II.
-
-THE BLASPHEMER.
-
-
-Now, my Friend, I am not sanguine enough to expect a patient
-hearing from you whilst I revile that idol which you have set up
-with sound of sackbut, psaltery, dulcimer, and other kinds of
-(un)musical instruments.
-
-I am perfectly aware that I shall be cast, by you, into the fiery
-furnace of criticism; I can imagine, in anticipation, the vials of
-your wrath poured out on my unlucky head; and I don’t expect to
-escape like our friends Shadrach, Meshach, and Abednego.
-
-I am not composed of those materials of which martyrs are made.
-
-I know full well that I shall writhe horribly under the taunt of
-“ungrammatical twaddle,” for how can I hope to escape an occasional
-slip of the pen, of which even the heaven-born “Covenanted
-Civilian” is not always innocent.
-
-I shall wriggle under the analysis of my “illogical reasoning,” my
-“exploded theories,” my “faulty statistics.”
-
-I shall squirm under the exposure of my “ignorance of facts,” my
-“want of knowledge of political economy,” my “antiquated notions.”
-
-That I shall suffer severely for my blasphemy I know right well;
-but I cannot help it. Strike!! but hear me.
-
-I am weary to death of the claptrap and imposition with which your
-votaries applaud their idol, and attribute the evils caused by it
-to anything but the right cause. I am disgusted with the blind
-obstinacy with which you close your eyes to the light of facts;
-besides, I have the selfish feeling that, sooner or later, I may be
-jostled by admiring votaries under the wheels of your car, whilst
-I shall not have even the consolation of deluding myself that I am
-a martyr ascending to the heaven of your Jugernāthian mythology,
-but, on the contrary, a victim of your confounded stupidity and
-obstinacy, and of the incompetence or dishonesty of your leaders.
-
-If I could only stand on the platform of any other audience and
-address Americans, Dutch, Belgians, Germans, or say Frenchmen, I
-might secure a sympathetic hearing.
-
-The Frenchman would probably shrug his shoulders and say:--
-
- “I quite agree with, you, mon ami! mais que voulez vous? It
- amuses these other English, and does not hurt us; on the
- contrary, we profit by it. We furnish the gilt and gingerbread,
- the paint and the unmusical instruments; and we are paid for
- them, vive Jugernāth!! only don’t ask us to be fools enough to
- put ourselves under its wheels.”
-
-You, on the other hand, my friend, will naturally say:
-
- “Bah! these Americans, Dutch, Belgians, Germans, and French are
- brutally stupid, and beyond the reach of argument; blind to their
- own interests. We alone stand on the pinnacle of intelligence in
- our worship of Jugernāth. Has not our High Priest, the G. O. M.,
- swept away all your argument like chaff?”
-
-Pardon me, my friend. The exuberant verbosity of the G. O. M.,
-combined with his misleading and incorrect statistics, may easily
-silence an opponent in debate, but they cannot alter stern facts;
-and facts are against your idol. Your prophets prophesy falsely,
-and your people love to have it so.
-
-
-
-
-CHAPTER III.
-
-WHAT IS JUGERNATH?
-
-
-Well! well!! I have put off the evil day as long as possible; but
-sooner or later it must come out, even if you have not already
-guessed it.
-
-Stoop low while I whisper in your ear the name by which this
-destructive fiend Jugernāth is known in England. It is:--
-
-
-FREE TRADE!!!
-
-Yes! it is _Free trade_ that has utterly ruined Ireland; that is
-rapidly dragging England down under its wheels; that drains the
-lifeblood of India and England’s dependencies.
-
-Free trade is that idol which England worships, but which brings
-in its train disaster, bankruptcy, pauperism, drunkenness, and
-crime. It is Free trade that is destroying England’s industries,
-and is driving her capital to protectionist countries. It is Free
-trade that, if not soon abandoned, will soon bring about a national
-bankruptcy in England.
-
-My dear fellow! I know your stale arguments by heart. I have looked
-into your dishonest and fictitious statistics and discovered their
-imposture. I know you can make glib quotations from Adam Smith
-and Mill, and misapply them. It is easy for you to prate about
-Political _Economy_, and at the same time to practise Political
-_Extravagance_, of the most ruinous description; but I ask you
-to leave theory for a short time and look ugly facts straight
-in the face, divesting your mind, if you can, of all prejudice.
-These facts I will give you in the next chapter. But now don’t
-misunderstand me. I am not a _rabid_ protectionist. I am not an
-advocate of Fair trade, Reciprocity, or Retaliation. I hold that
-Protection, if carried beyond its legitimate limits, is nearly
-as mischievous in its action as Free trade. And that although
-“Fair trade,” “Reciprocity” and “Retaliation” are cries that have
-been evoked by the evils that Free trade has brought upon us, yet
-they are wrong in practice, as an attempt at a compromise with
-an utterly false principle; and I am glad that the movement has
-collapsed.
-
-I hold that Free trade is entirely wrong in principle and
-disastrous in results. Every argument of the free-trader is based
-on the _misuse_, not upon the _proper use_, of Protection.
-
-Every so-called triumphant exposure of the evils caused by
-Protection has simply been an exposure of the evils of Protection
-carried _beyond its legitimate limits_.
-
-The Corn Laws, to which Free trade owes its existence, were an
-instance of undue protection; they urgently required _alteration_,
-not _repeal_. Free trade advocates are unable to distinguish the
-difference between the use and the misuse of a principle. In their
-abhorrence of its misuse, they would sweep it away altogether. They
-are about as reasonable as the man who discovers that too much food
-will cause indigestion, and therefore proposes, as an infallible
-law of political economy, the dogma that no food whatever is to be
-taken. And they stigmatize as “simpletons without memory or logic,”
-as men “beyond the reach of argument”[1] those who decline to
-accept the Free trade gospel of starvation.
-
-FOOTNOTE:
-
-[1] Mr. Bright’s letter to A. Sharp, Bradford, 1879.
-
-
-
-
-CHAPTER IV.
-
-A FEW UGLY FACTS.
-
-
-I have said that facts are against your idol, let me advance a few
-of them:--
-
- (1.) The prophecies made by the originators of free trade have
- proved to be false.
-
- (2.) England stands alone as a free-trader. Free trade, at the
- present time, is either an English, or a barbarous custom.
-
- (3.) France made a partial trial of free trade, but has drawn
- back and refused to continue the commercial treaty.
-
- (4.) Increased wealth,--due to improvements in science, steam,
- and electricity, although dishonestly claimed the work of free
- trade,--has been shared by all civilized nations.
-
- (5.) Protectionist countries have made _greater relative advance_
- in prosperity than England.
-
- (6.) The exceptional prosperity of the years 1871-73 was due to a
- partial _suspension of free trade_ caused by the Franco-Prussian
- war.
-
- (7.) The rise of wages in England,--dishonestly claimed as the
- work of free trade,--has been shared by Protectionist countries.
-
- (8.) The statistics of decrease of crime and pauperism--claimed
- as the work of free trade--are fictitious and misleading.
-
- (9.) Protectionist America is passing Free Trade England by “in a
- canter.”
-
- (10.) Protectionist America contrasts favourably with Free Trade
- Canada.
-
- (11.) Canada having lately departed from free trade principles,
- is satisfied with the result, and clamours for more protection.
-
- (12.) The Colony of Victoria, which has departed farthest from
- the principles of free trade, is the most prosperous of the
- Australian Colonies.
-
- (13.) Free Trade Ireland contrasts unfavourably with
- Protectionist Holland, which has every natural disadvantage.
-
- (14.) The agricultural industry of Ireland has been destroyed,
- and Ireland ruined by free trade.
-
- (15.) The manufacturing industries of Ireland, which flourished
- under protection, have become extinct under free trade.
-
- (16.) English agricultural industries are rapidly being ruined by
- free trade.
-
- (17.) In the last eleven years, about 1,200,000, acres have gone
- out of tillage in the United Kingdom, and about 7,400,000 acres
- are lying fallow.
-
- (18.) Numerous farms are untenanted, or let at nominal rates.
-
- (19.) The loss to the agricultural classes within the last few
- years has been estimated at £150,000,000.[2]
-
- (20.) Many English landowners are realizing what they can from
- the wreck, and investing the capital in Protectionist America.
-
- (21.) English manufacturing industries are, for the most part, on
- the high road to ruin.
-
- (22.) Silk industry is nearly extinct in England.
-
- (23.) Cotton and woollen industries are struggling hard for
- existence.
-
- (24.) Iron industries are said to have lost £160,000,000 in four
- years.
-
- (25.) Protectionist countries have outstripped England in
- relative increase of commerce.
-
- (26.) The accumulation of wealth is increasing more rapidly in
- Protectionist France than in England, in spite of a disastrous
- war, a heavy war indemnity, a civil war, and an unsettled form of
- Government.
-
- (27.) Land cultivation is increasing in Protectionist France and
- decreasing in Free Trade England.
-
- (28.) The relative increase in the production of iron is greater
- in Protectionist countries than in England.
-
- (29.) The relative increase in general manufacture is Greater in
- Protectionist countries than in England.
-
- (30.) The working classes, by whom free trade was carried, though
- nominally free-traders, are practically extreme protectionists.
-
- (31.) The working classes, whenever they have obtained
- predominant influence, have become protectionists.
-
- (32.) “The revenue returns continue to exhibit a stagnant
- tendency _under all the heads which are considered tests of
- national prosperity_.” (Telegraphic Summary of News, _Civil and
- Military Gazette_, December 7th, 1883.)
-
- (33.) “It is predicted that, unless Freight rates to India
- speedily improve, a considerable number of steamers now engaged
- in the trade will be laid up.” (_Civil and Military Gazette_,
- December 7th, 1883.)
-
- (34.) “Gloomy predictions are uttered about the immediate future
- of our iron-trade. Few fresh orders are coming in, and stocks
- are consequently increasing in an alarming manner.” (_Civil and
- Military Gazette_, December 7th, 1883.)
-
- (35.) “Again it is alleged that the principles of free trade,
- which have been adopted in this country, have tended, in a great
- degree, to produce the disastrous results which we have at
- present to contend against, and which present a gloomy look-out
- for the cotton operatives of this country.” (_The Mail_, December
- 19th, 1883.)
-
- (36.) “It is the intention of the leading men among the cotton
- operatives to move next session for a Royal Commission to enquire
- as to what extent, if any, we suffer from foreign competition,
- and _what bearing our system of free trade_ may have on the
- question.” (_The Mail_, December 19th, 1883.)
-
-Before I proceed to substantiate the facts above given, I wish to
-clear the ground by a few axioms which I think few will venture to
-dispute.
-
-FOOTNOTE:
-
-[2] By Mr. John Bright.
-
-
-
-
-CHAPTER V.
-
-AXIOMS FOR JUGERNATHIANS.
-
-
- _Axiom._ _Action of Free-Trade._
-
- (1.) The object of political Free trade attaches more
- economy is to increase importance to consumption than
- the wealth and power to productive industries.
- of a country.[3]
-
- (2.) The riches or power of
- a country is in proportion
- to its produce.[3]
-
- (3.) _Industries_, or the produce Free trade destroys the sources
- of the land and labour, of employing productive
- are the REAL WEALTH labour.
- of the country.[3]
-
- (4.) The requisites of production
- are Labour,
- Capital and Land.[4]
-
- (5.) Parsimony, not industry, Free trade promotes consumption
- is the immediate source rather than parsimony.
- of increase of capital.[3]
-
- (6.) Capital is wealth appropriated Free trade is rapidly driving
- to reproductive capital to Protectionist
- employment.[4] countries.
-
- (7.) Industries are limited by
- capital, and cannot be
- created without capital.[5]
-
- (8.) Increase of capital gives
- employment to labour
- without assignable
- limits.[5]
-
- (9.) Productive labour is Free trade makes labour
- labour employed to produce unproductive
- a profit.[6]
-
- (10.) Emigration of productive Free trade encourages the
- labour is loss of capital. immigration of productive
- The Minister of War labour to Protectionist
- in France asserts that countries.
- every individual transported
- to Algeria costs
- the State 8,000 francs.
-
- (11.) Industries carried on
- without profit, cause loss
- of capital and credit.
-
- (12.) It is demand only that Free trade prefers consumption
- causes labour and its to demand.
- produce to be wealth.[6]
-
- (13.) To purchase produce is Free trade purchases produce
- not to employ labour.[5] instead of employing labour.
-
- (14.) Capital employed on
- Foreign trade is less
- advantageously employed
- for society than on
- Home trade.[7]
-
- (In extreme cases Adam Smith Free trade encourages Foreign
- shows that capital might be and Carrying trade, rather
- twenty-four times more than Home trade.
- advantageously employed on
- _Home_ than on _Foreign_
- trade.)
-
- (15.) Carrying trade is less
- advantageous than either
- Foreign or Home trade.[7]
-
- (16.) Interest on capital is
- natural, lawful, and
- consistent with the
- general good.[8]
-
- (17.) A struggle between Free trade leaders encourage a
- capital and labour is the struggle between Labour and
- greatest evil that can be Capital, between Landlord and
- inflicted on society.[8] Tenant.
-
- (18.) Land let out for profit
- is the capital of the
- landlord.[9]
-
- (19.) The capital of the employers Free trade destroys the capital
- forms the revenue of the employer.
- of the labourer.[10]
-
- (20.) Nothing can be more Free trade leaders raise this
- fatal than the cry cry against the capitalist
- against capital, so often landlord.
- unthinkingly uttered.[9]
-
- (21.) Rent does not affect the
- price of agricultural
- produce.[9]
-
- (22.) It is to the interest of Mr. Bright says, that rich
- the labourer that there landlord capitalists are the
- should be as many rich squanderers of national
- men as possible to compete wealth.
- for his labour.[9]
-
- (23.) Agriculture is the most Free trade has destroyed
- advantageous employment agriculture in England and
- of capital.[11] Ireland.
-
- (24.) No equal capital puts in
- motion a greater quantity
- of productive labour
- than that of the
- farmer.[11]
-
- (25.) Cultivated land is more Free trade leaders urge the
- advantageous than pasture.[11] substitution of pasture for
- (It has been computed wheat cultivation in England.
- that wheat cultivation
- per acre, compared
- with pasture land,
- produces eight times the
- quantity of human food,
- and employs three times
- the amount of labour.)
-
- (26.) The interests of the agricultural
- and manufacturing
- classes are inseparably
- connected with
- those of the whole community.
-
- (27.) Credit when sound is Free trade is destroying credit
- capital.[12] by causing industries to work
- at a loss.
- (28.) Credit, when it exceeds
- the present value of future
- profits, is unsound.
-
- (29.) Credit is the anticipation
- of future profit.[12]
-
- (30.) Money is the accumulation
- of past profits.
-
- (31.) Activity of commerce is Free trade causes the commerce
- not necessarily an indication of Great Britain to be one of
- of prosperity. consumption rather than
- production, and consequently
- unhealthy.
-
- (32.) The true Economist pursues Free trade, to avoid a small
- a great future good present evil, risks a national
- at the risk of a small disaster.
- present evil.[13]
-
-FOOTNOTES:
-
-[3] Wealth of Nations, by Adam Smith.
-
-[4] Political Economy, by J. S. Mill.
-
-[5] Political Economy, by J. S. Mill.
-
-[6] Political Economy, by H. D. Macleod.
-
-[7] Wealth of Nations, by Adam Smith.
-
-[8] Political Economy, by F. Bastiat.
-
-[9] Political Economy, by H. D. Macleod.
-
-[10] Political Economy, by J. S. Mill.
-
-[11] Wealth of Nations, by Adam Smith.
-
-[12] Political Economy, by H. D. Macleod.
-
-[13] Political Economy, by F. Bastiat.
-
-
-
-
-CHAPTER VI.
-
-POLITICAL ECONOMY.
-
-
-Do not suppose, my Friend, that I am opposed to _political
-economy_; I am simply opposed to _your application of its
-principles_.
-
-Let me illustrate my meaning by a comparison between Mathematics
-and Political Economy:--
-
-Mathematics may be divided into two classes--“pure” and “applied.”
-
-Political economy may be divided into two similar classes--“pure”
-and “applied.”
-
-_Pure_ Mathematics, being an exact science, is infallible.
-
-_Pure_ Political economy, being a matter of opinion, is not
-infallible; but let us for the moment suppose it to be so.[14]
-
-_Applied_ mathematics are not always sound; for example, in
-applying mathematics to Engineering problems, it is by no means
-uncommon to find that they appear to err most egregiously; so
-much so, as to give rise to the saying, that “theory and practice
-contradict one another.” The fact, in reality, being that theory
-has not been correctly applied; that innumerable small factors,
-which can only be ascertained by practice and experience, have been
-neglected in the application of theory; and even practice often
-fails to supply these factors.
-
-_Applied_ Political Economy is under similar conditions, but with
-this difference: _1st_, that _pure_ Political Economy is not
-infallible; _2nd_, that the application of Political Economy is
-affected by a greater number of intricate factors than any ordinary
-problem in Engineering; _3rd_, that the observation of results in a
-complex question of Applied Political Economy is far more difficult
-than in the case of those simple materials which are dealt with in
-Engineering problems.
-
-The eminent Italian Political Economist, Luigi Cossa, warns the
-student of this difficulty; but free-trading “fools rush in where
-angels fear to tread.”
-
-He says:--
-
- “It is needful to hold ourselves aloof equally from the so-called
- Doctrinaires who refuse the assistance of practice, and from the
- Empiricists who obstinately close their eyes to the light of
- theory.
-
- _The Pure science_ explains phenomena and determines laws; the
- _Applied_ science gives guiding principles, which practice brings
- into conformity with the innumerable varieties of individual
- cases.”[15]
-
-Mill also says:--
-
- “One of the peculiarities of modern times,--the separation
- of theory from practice,--of the studies of the closet from
- the outward business of the world,--has given a wrong bias to
- the ideas and feelings both of the student and of the man of
- business.[16] ... There is almost always room for a modest doubt
- as to our practical conclusions.”
-
-Let us take an example of pure and applied science.
-
-You, my Friend, quote an axiom of Pure Political Economy when you
-say:--
-
-“It is unjust to tax all for the benefit of _one class_” So far I
-quite agree with you;--it is to your _application_ of the _axiom_
-that I object, when you go on to say--“therefore protection in any
-shape is wrong.” Your application of pure science to the complex
-question of free trade is quite incorrect.
-
-I say “_it is just and expedient to tax all for the benefit of
-all_.” I hold that the employment of home and colonial labour, and
-the development of home and colonial produce and industries, is for
-the benefit of the community as a whole; and that, consequently,
-protection, if _carried only to the extent necessary to secure
-this, and no further_, is just and expedient.
-
-The Corn Laws, as existing in 1846, went beyond this: and their
-_alteration_, not their _abolition_, was needed. Your free-trader’s
-argument is like that of a man who has discovered that too much
-water will drown, and proceeds at once to the other extreme of
-killing by thirst.
-
-_All extremes are bad._ Free trade is an _extreme_. Want of
-competition is bad. Extreme competition is bad. _Healthy_
-competition is that which is wanted.
-
-Unlimited competition defeats its own purpose by crushing out
-weaker industries, diminishing the supply, and enabling the
-successful competitors to raise their prices as soon as the rival
-industry has been extinguished.
-
-Even Mill admits that protection may
-
- “be defensible when imposed temporarily ... in hopes of
- naturalizing a foreign industry.”[17]
-
-And Cossa allows that--
-
- “At certain times, and under certain conditions, protection
- has given notable advantages to industrial organization and
- progress.... Colbert’s system and Cromwell’s Navigation Act,
- contributed not a little to the economic greatness of France and
- England.”[18]
-
-There seems to be but little doubt that the political economist
-of the future will hold up England as an awful warning, but
-an instructive example, of a country ruined by the persistent
-misapplication of the principles of political economy.
-
-Alexr. Hamilton, the greatest statesman America ever produced,
-says:--
-
- Though it were true that the immediate and certain effect of
- regulations controlling the competition of foreign and domestic
- fabrics was an increase of price, it is universally true that
- the contrary is the ultimate effect with every successful
- manufacture. When a domestic manufacture has been brought to
- perfection and has engaged in the prosecution of it a competent
- number of persons it invariably becomes cheaper. * * * The
- internal competition which takes place soon does away with
- anything like monopoly, and by degrees reduces the price of the
- article to the minimum of reasonable profit on the capital.
- (Treasury Report Dec. 1791.)--_Fortnightly Review_, 1873.
-
-It is not merely your misapplication of the principles of political
-economy to which I object; I also object to the over-bearing way in
-which you thrust down the throat of your opponent the opinions of
-your favourite political economists, as if they were infallible and
-settled the question beyond all possibility of further argument.
-This is especially the case when you quote Mill. Now Mill is no
-doubt an eminently able and powerful writer; but he is deplorably
-subject to mistakes. He constantly contradicts himself, and is
-contradicted by political economists equally able and more reliable
-than himself. For example, Professor Bonamy Price[19] accuses Mill
-of introducing _utter confusion_ into the topic of Wages.
-
-Cossa speaks of Mill’s “ardent concessions to socialism more
-apparent than real;” of his “_narrow philosophic utilitarianism_.”
-
-Also, speaking of Thornton, Cossa says:[20]--
-
- “His book on labour is an excellent one; it made a great
- impression on Mill, and caused him to _abandon his theory of
- wages fund_; which has also been opposed by Lange, by the
- American Economist Walker, and by Bretano.”
-
-Many of the inaccuracies of Mill have been exposed by Professor
-Cairnes.[21]
-
-Mr. Cook says:--
-
- “Mill, however, is said to have _abandoned the seesaw theory_ in
- his latest and yet unpublished essays.”[22]
-
-Macleod also, in writing on the question of rent says:--
-
- “This does not exhaust the _absurdity_ of the Ricardo-Mill theory
- of rent ... but in fact _Mill himself has completely overthrown_
- this theory of rent.”[23]
-
-Anyone who has carefully studied the writings of Mill cannot fail
-to be struck with the manner in which he allows that which Herbert
-Spencer terms “Political Bias,” and which Cossa terms Mill’s
-“narrow philosophic utilitarianism,” to affect his opinion, and
-warp his better judgment; and when this is the case, he is guilty
-of absurdities, inconsistencies, and illogical reasoning that would
-disgrace a school-boy.[24]
-
-FOOTNOTES:
-
-[14] I venture to maintain that political economy is not a body
-of natural laws in the true sense, or of universal and immutable
-truths, but an assemblage of speculations and doctrines which are
-the result of a particular history coloured even by the history and
-character of the chief writers.--T. Cliffe Leslie, _Fortnightly
-Review_, Oct. 1870.
-
-[15] Guida Allo Studio dell’Economio Politico.--L. Cossa.
-
-[16] Some Unsettled Questions of Political Economy, J. S. Mill, p. 156.
-
-[17] Mill’s Political Economy, Bk. V. Chap. X.
-
-[18] Cossa’s Political Economy, Bk. II. Chap. III.
-
-[19] Practical Political Economy, by Profr. Bonamy Price.
-
-[20] Cossa’s Political Economy, Bk. II. Chap. III.
-
-[21] Some Leading Principles of Political Economy newly expounded
-by Professor Cairnes. 1874.
-
-[22] Labour. Joseph Cook, p. 179.
-
-[23] Macleod’s Economics, p. 116.
-
-[24] An illustration of this is given in Chap. XV.
-
-
-
-
-CHAPTER VII.
-
-POLITICAL EXTRAVAGANCE.
-
-
-You are very fond, my Friend, of talking about political economy.
-Suppose, for a change, we discuss a certain political extravagance,
-of which you are guilty.
-
- “Look!” you say, “at the visible signs of prosperity caused by
- free trade, our annual imports are in excess of our exports by
- £100,000,000. This represents the annual accumulation of our
- national wealth.”
-
-Now, my friend, I want you to try and take a common-sense view of
-things:--
-
-Mill says, that “_saving_ enriches, and spending impoverishes,
-the community along with the individual.”[25] Now let us apply
-England’s action in this respect to the assumed case of an
-individual. Suppose a farmer should allow his land to go out of
-cultivation and purchase farm produce, for his own consumption,
-from the open market; suppose at the same time he has a limited
-supply of iron ore on his estate, which he sells at a rate that
-does not quite cover the cost of its production; would you argue
-that the more food such a one purchased and consumed, and the more
-iron ore he sold, the greater was his prosperity; and especially so
-because he _consumed_ more than he _sold_?
-
-In my ignorance of political economy I should have said that such a
-man was on the highroad to bankruptcy. Now this is precisely what
-England is doing.
-
-She is allowing her land to go out of cultivation. She is
-purchasing from foreign countries food which she might produce
-herself, and which, when consumed, leaves nothing to show for the
-expenditure. Her manufacturing industries are losing concerns; her
-shipping is carrying at nominal rates; her iron industry has been
-losing at the rate of £40,000,000 a year; and she is parting with
-her _limited capital_ of iron at a loss. The excess of Imports over
-Exports does not represent wealth capable of accumulation, but
-consists of consumable articles of food.
-
-The annual imports of the principal staples of food in 1881 were:--
-
- Capable of being produced { Corn and flour £ 60,856,768[26]
- in England. { Live animals 8,525,256[27]
- { Meat 35,760,286[27]
- -------------
- £ 105,142,310
- =============
-
- Capable of being produced { Tea £ 11,208,601[28]
- in England’s dependencies { Sugar 24,288,797[28]
- ------------
- Total £ 140,639,708
- =============
-
-Besides these, there are butter, cheese, eggs, coffee, cocoa, and
-other articles of food, which must probably amount to something
-between 20 and 30 millions sterling. So that the excess of
-£100,000,000 sterling is _entirely due to consumable food, much
-of which might be produced in England_. If this be not political
-extravagance, I am at a loss for a definition of Extravagance. My
-friend, it appears to me that you are burning the candle at both
-ends.
-
-Mr. Leffingwell, an intelligent American, writes:[29]--
-
- “Should the day ever arrive when most of her mills are silent,
- her ‘Black country’ again green, her furnaces cold, her shops
- filled with foreign wares, and her food brought from distant
- lands, it will add little to her welfare that all other nations
- find a market on her shores for the products of their factories
- and fields.”
-
-Let us now hear what America has to say about free trade:--
-
- “If, during the last fifty years, America had permitted a system
- of unrestricted trade with all the world, she would never have
- reached that development of her manufactures which has rendered
- her independent, but would to-day be little more than a huge
- agricultural colony exchanging the produce of her fields for the
- manufactures and fabrics of Europe.
-
- “Under a system of protection America has been able to develop
- her boundless mineral resources, to encourage the growth of
- her manufacturing industries, until to-day she is not only
- independent and able to supply her own needs, but she exports to
- foreign nations, and has begun to compete with England for the
- trade of the world.”
-
-A few quotations from the utterances of our own countrymen may
-serve to show what Protection has done for America:--
-
- “The edge tool trade is well sustained, and we have less of
- the effects of American competition. That this competition is
- severe, however, is a fact that cannot be ignored, and it applies
- to many other branches than that of edge tools. Every Canadian
- season affords unmistakable evidence that some additional article
- in English Hardware is being supplanted by the produce of the
- Northern States; and it is notorious how largely American wares
- are rivalling those of the mother country in others of our
- colonial possessions as well as on the continent. The ascendency
- of the protectionist party in the States continues to operate
- most favourably for the manufacturing interests there, and it
- is no wonder that under such benignant auspices the enterprise
- in this direction is swelling to colossal proportions. The
- whole subject is one demanding the serious attention of our
- manufacturers.” (Rylands’ Trade Circular, Birmingham, March 4th,
- 1871.)
-
- “A leading manufacturer expressed himself startled and alarmed at
- what he saw (at the Paris Exhibition) as the proofs of successful
- rivalry on the part of the Americans in branches of his own
- trade.” (Lectures at the Colonial Institution, November, 1878.)
-
- “Unless our manufacturers bestir themselves, the Americans will
- completely command the markets of Europe.” (Col. Wrottesby’s
- Letter to the _Times_, July 6, 1869.)
-
- “Manufactories have been _created and fostered by a system of
- protection_, which, through enhanced prices paid by consumers,
- must have been very costly to the nation, but of the result of
- which they have reason to be proud, since it has made them to so
- great an extent independent of other nations for their supply.”
- (Report of Philadelphia Exhibition, Mr. P. Graham, Vice-President
- of the Society of Arts.)
-
- “The worsted manufacture of the United States is comparatively
- of recent origin, but it has made very rapid progress during
- the past ten or twelve years, the _high tariff having greatly
- stimulated its development_.” (Report of Philadelphia Exhibition.
- Mr. H. Mitchel, Member of Bradford Chamber of Commerce.)
-
- “America is not only supplying her own country with goods, but
- exporting her manufactures to such an extent that she has become
- a powerful rival to England.” (Mr. Mundella, Nov. 21, 1874.)
-
- “There is no time to be lost if we mean to hold our own in
- the hardware trade.” (J. Anderson’s Report on Philadelphia
- Exhibition.)
-
- “For years Sheffield has supplied not only our own country,
- but nearly the whole world. The monopoly remains with us no
- longer. It would be foolish not to recognize the fact that at
- Philadelphia Great Britain was in the face of a powerful rival in
- manufactures.” (Report on Philadelphia Exhibition--D. McHardy.)
-
- Some idea of the increase of American manufacture may be found in
- the example of two items--Paper and Carpets.
-
- Value of paper imported into the United States--
-
- In 1870 = £145,000
- 1876 = 4,000
-
- Value of exports of paper--
-
- 1869 = 750
- 1876 = 162,000
-
- Tapestry carpet imported into the United States--
-
- 1872 = 2,754,000 yards.
- 1879 = 23,900 ”
-
-FOOTNOTES:
-
-[25] ‘Political Economy,’ by Mill, Bk. I. Chap. V.
-
-[26] ‘Statesman’s Yearbook,’ 1883, p. 257.
-
-[27] ‘Whitaker’s Almanack,’ 1883, p. 254.
-
-[28] ‘Statesman’s Yearbook,’ 1883. p. 257.
-
-[29] Albert Leffingwell.
-
-
-
-
-CHAPTER VIII.
-
-FALSE PROPHETS OF JUGERNATH.
-
-
-The truth of a religion may perhaps be gauged by the fulfilment of
-the utterances of its prophets. Let us analyze some of these.
-
- _Prophecy._ _Fulfilment_.
-
- Even the _free_ importation of Total importations of wheat
- foreign corn could very little in 1881 = 17,000,000 quarters
- affect the interest of the farmers as against 23,728 prophesied by
- of Great Britain.... If there Adam Smith.
- were no bounty, less corn would
- be exported, so it is probable
- that, one year with another, _less
- corn would be imported than at
- present_.... The average quantity
- imported one year with another
- amounts only to 23,728 quarters.
- (Wealth of Nations, by Adam
- Smith, Bk. IV, Chap. II.)
-
- The Americans are a very cautious, After receiving the agricultural
- far-seeing people, and every products of America for
- one who knows them knows that thirty-eight years, we find the
- they would never have tolerated Americans are as strong
- their protective tariff if we had protectionists as ever, and the
- met their advances by receiving presidential message, 4th
- their agricultural products in December 1883, recommends that
- exchange for our manufacturing America should retaliate on all
- products. (Cobden, 1842.) countries taxing American
- produce.
-
- I speak my unfeigned convictions After thirty-eight years of free
- when I say I believe there trade Prophet Bright admits that
- is no interest in the country that the agricultural classes, owners
- would receive so much benefit and occupiers of land have lost
- from the repeal of the Corn Laws more than £150,000,000. Numerous
- as the Farm-tenant interest in farm-tenants have emigrated
- this country. (Cobden, 1844.) to protectionist America.
-
- I believe when the future historian The true historian will have
- comes to write the history to record:--
- of agriculture, he will have to
- state:--In such a year there was a “After the introduction of free
- stringent Corn law passed for the trade, although the general
- protection of agriculture. From advance of wealth due to
- that time agriculture slumbered improvements in science, steam
- in England, and it was not until, and electricity gave to England,
- by the aid of the Anti-Corn-Law- from time to time, the appearance
- League, the Corn Law was of agricultural prosperity, yet
- utterly abolished, that agriculture agriculture gradually decayed; and
- sprung up into the full in 1884 millions of acres had gone
- vigour of existence in England, out of tillage; land had become
- to become what it is now, like foul and was badly farmed;
- the manufactures, unrivalled in hundreds of farms were absolutely
- the world. (Cobden, 1844.) untenanted; farmers had emigrated
- to protectionist countries;
- landowners had sold their land
- at ruinous prices, and invested
- the residue in America. Never
- was ruin more complete.”
-
- You have no more right to Not only is no other country
- doubt that the sun will rise in the free-trader, but even England
- heavens, than to doubt that, in ten is getting rather shaky
- years from the time when England in her adhesion. Mr. Forster,
- inaugurates the glorious era of at Bradford, entreated his
- commercial freedom, every civilized hearers not to “say anything that
- country will be free-trader might induce foreigners to
- to the backbone. (Cobden, 1844.) _suspect that our faith in free
- trade was shaken_” Mr. Bright,
- in his letter to Mr. Lord, wrote;
- “To return to Protection, under
- the name of Reciprocity, is to
- confess to Protectionists abroad
- that _we have been wrong and
- they have been right_.”
-
- I believe that if you abolish After thirty-eight years not a
- the Corn Laws and adopt free single country in Europe has been
- trade in its simplicity, there will foolish enough to follow our
- not be a tariff in Europe that example. France has drawn back
- will not be changed in less than from her commercial treaty with
- five years to follow your example. us. Mr. Thiers, in his speech of
- (Cobden, 1846.) January 18th, 1880, said: “In
- the first country in the world
- arrangements are made to protect
- the different branches of
- native industry.”
-
- Bastiat prophesied that France France has not adopted free
- would adopt free trade in six years trade, and is more strongly
- after England had adopted it. protectionist than ever.
-
- Bastiat prophesied that, without Statistics given in the next
- free trade, no country can chapter shows that the relative
- prosper. prosperity of protectionist
- countries is greater than that
- of England.
-
- Bastiat prophesied that because Belgium is enjoying wonderful
- Belgium had rejected free prosperity.
- trade her ruin was certain.
-
-Professor Cairnes says:--
-
- “The able men who led the agitation for the repeal of the Corn
- Laws promised much more than this. They told us that the Poor
- Laws were to follow the Corn Laws; that pauperism would disappear
- with the restrictions upon trade, and the workhouses ere long
- become obsolete institutions. I fear this part of the programme
- has scarcely been fulfilled; those ugly social features,
- those violent contrasts of poverty and wealth, that strike so
- unpleasantly the eye of every foreign observer in this country,
- are still painfully prominent. The signs of the extinction of
- pauperism are not very apparent.”[30]
-
-Disraeli prophesied in 1852:--
-
- “The time will come when the working classes in England will
- come to you on bended knees, and pray you to undo your present
- legislation.”
-
-And it really seems as if the time was approaching for the
-fulfilment of his prophecy, for I read in a recent Paper:
-
- “It is the intention of the leading men among the Cotton
- Operatives to move next session for a Royal Commission to enquire
- as to what extent, if any, we suffer from foreign competition,
- and _what bearing free trade may have on the question_.”
-
-Sir Edward Sullivan also stated in a recent speech that:
-
- “Already a number of Operatives, far more than is necessary to
- turn a general election, have, through their delegates, given in
- their adherence to _Fair_ trade.”[31]
-
-Fair trade is one step in the direction of protection.
-
-FOOTNOTES:
-
-[30] _Fortnightly Review_, July, 1871.
-
-[31] _The Mail_, December 19th, 1883.
-
-
-
-
-CHAPTER IX.
-
-ISOLATION OF JUGERNATH.
-
-
-Carlyle has said--“There are thirty millions of people in Great
-Britain, _mostly fools_.”
-
-You remind me, my friend, of the Irishman who complained that he
-never served on a jury without finding himself associated with
-eleven of the most obstinate pig-headed men conceivable.
-
-Are all other nations, except England, obstinate, and pig-headed?
-Is the shrewd American blind to his own interest? Are the
-phlegmatic Dutchman, the thrifty Belgian, the clever Frenchman,
-the philosophical German, simpletons and idiots, as Mr. Bright is
-pleased to call all those who do not implicitly accept the gospel
-of free trade.
-
-Might not Carlyle’s pithy remark teach a little humility?
-
-No country except England is free-trader. Free trade, at the
-present time, after a trial of thirty-eight years, is either an
-English, or a barbarous custom. All other civilized nations are
-obstinate protectionists; and the worst of it is, that they are
-growing more and more obstinate in their adherence to protection,
-as they find they are making greater relative advance in prosperity
-than England with its free trade. Even Mr. Gladstone himself admits
-that “_America is passing us by in a canter_.”
-
-Is not Mr. Gladstone somewhat ashamed to admit that the country,
-in the government of which he has had so large a share during the
-present century, should be “passed in a canter” by a country so
-terribly handicapped by protection. Does not it suggest the idea
-that the country which he has governed may possibly have been
-misgoverned. “Passed by at a canter!!” What a damning admission of
-failure!
-
-His excuse is, that America is a young country with abundant room
-for its surplus population; but this excuse, like the majority of
-his ingenious evasions, is utterly fictitious.
-
-England, taken as a whole, with its colonies and dependencies, is
-two and half times as large as America.[32] She has every advantage
-that America possesses.[33] She had a good start, and if she had
-only been governed by statesmen of comprehensive grasp, she ought
-to have outstripped America in wealth and progress, quite as much
-as America has now outstripped us.
-
-If England had but carefully protected the interests of its
-colonies and dependencies, studied their interests as identical
-with her own, she would now have been foremost in the race.
-
-She drove America from the union with her by her selfish policy,
-and she is pursuing the same, or rather far more, suicidal policy
-now.
-
-What is the use of the colonies? our Liberal politicians now
-cry. What indeed? I echo; so long as free trade neutralizes all
-possible benefit to be obtained from them or by them; but, properly
-governed, they would have enabled us to do to America that which
-Mr. Gladstone admits America is doing to us--“passing us by at a
-canter.”
-
-Unfortunately we are lagging in the race with other protectionist
-countries, as the following statement will show.
-
-Free-traders compare our wealth and commerce with what it was
-before the introduction of free trade, and claim the increase as
-the result of free trade. If the claim were just, other nations
-ought to have stood still, or retrograded under protection; let us
-see if they have done so. The only fair comparison is to take the
-condition of each country at a given date; assuming its relative
-condition at that date as 100, and then comparing it with its
-advance at the present time.
-
-
-_Relative Advance of Nations._
-
- Commerce generally-- Years 1860 1880
-
- Free trade England 100 to 180
- { France ” ” 205
- { Germany ” ” 197
- Protectionist { Holland ” ” 216
- { Belgium ” ” 242
- { America ” ” 201
-
- Exports-- 1860 1882
- England 100 to 177
- France ” ” 158
- Germany ” ” 200
- Belgium ” ” 274
- Holland ” ” 295
- America ” ” 197
-
- Railway Construction-- 1860 1882
- England 100 to 176
- France ” ” 290
- Germany ” ” 322
- Belgium ” ” 318
- America ” ” 343
-
- Railway goods traffic-- 1860 1882
- England 100 to 312
- France ” ” 409
- Germany ” ” 654
- Holland and Belgium ” ” 525
-
- Production of Coal-- 1860 1880
- England 100 to 173
- France ” ” 237
- Germany ” ” 421
- Belgium ” ” 170
- America ” ” 467
-
- Production of Iron-- 1850 1882
- England 100 to 377
- France ” ” 498
- Germany ” ” 789
- Belgium ” ” 377
- America ” ” 719
-
- Production of Copper-- 1850 1880
- England 100 to 29
- France ” ” 212
- Germany ” ” 615
- America ” ” 750
-
- Consumption of Raw Cotton-- Years 1860 1880
- England 100 to 123
- France ” ” 158
- Germany ” ” 177
- America ” ” 234
-
- General Manufactures-- 1860 1880
- England 100 to 139
- America ” ” 280
-
- Woollen Manufacture-- 1860 1880 1881
- England 100 to -- 122
- America 100 to 331 --
-
- Number of holders of National Securities-- 1850 1880
- England “consols” 100 to 83
- France “Rentes” 100 ” 547
-
- Legacy probate value-- 1860 1880
- England 100 to 162
- France 100 ” 193
-
- Amount of Deposits in Savings Banks-- 1850 1882
- England 100 to 267
- France ” ” 1912
- Germany ” ” 1950
- Belgium and Holland ” ” 405[34]
-
-For many years England did not feel the evils of free trade.
-She had a good start in the race, with the commerce and markets
-of the world in her hands. She had been foremost in improvement
-of machinery, having secured her manufactures by a system of
-protection, and she was therefore the first to reap the profits of
-such improvements. It would naturally take years for other nations
-to overtake her, when she had so good a start; but the capital she
-recklessly employed in purchasing commodities which might have
-been produced at home, was expended in arming foreign nations for
-successful rivalry with us.
-
-It was not until fifteen or twenty years ago, that this suicidal
-process was sufficiently advanced to tell upon our trade; but
-it is now pressing on us with alarming strides, and had not our
-industries been saved, by partial suspension of free trade, in the
-American and Franco-Prussian wars, we should now feel it still
-more severely. As it is, we have not seen the worst. Every day
-foreign industries are increasing in magnitude and efficiency,
-and consequently must increase in cheapness of production. At
-present they have done little more than take up a share from the
-markets, which were formerly our own. Soon they will invade our own
-country in force. In the present cotton strike in Lancashire, the
-employers have given us a reason for the terrible depression of
-trade, that cloth manufactures from Belgium can now be supplied to
-the print-works in Lancashire at lower rates than the Lancashire
-manufactured cloth can be purchased.[35]
-
-You may say the depression of trade is not confined to England,
-but exists in America. I admit it, but it is very different from
-that which exists in England. With America it is the reaction of
-a too rapid increase of new manufacture stimulated by successful
-enterprise; in the case of England it is the steady decline of
-old-established industries under crushing competition, of which we
-have not yet felt the worst.
-
-FOOTNOTES:
-
-[32] Area of the United States = 3,602,300 sq. miles. Area of
-England and its dependencies = 8,982,200 sq. miles.
-
-[33] It may be argued that America is a more compact dominion,
-but steam and electricity annihilate space, and England’s immense
-superiority in area far more than outweighs the advantage of
-compactness.
-
-[34] It must be understood that, in all the statistics above given,
-“England” and “America” are intended to mean--the United Kingdom
-and the United States respectively.
-
-[35] _The Mail_, Dec. 19th, 1883.
-
-
-
-
-CHAPTER X.
-
-TREACHERY IN THE CAMP.
-
-
-How is it, that the men of the working class, who are nominally
-free-traders, are practically protectionists?
-
-How is it, to use the words of Mr. Wise, an ardent apologist for
-free trade, that--
-
- “In 1846, the working classes overthrew protectionism in England,
- and in 1878 the same classes, _wherever they have obtained
- predominant influence_, are carrying into practice the extreme
- theories of their old opponents?”
-
-Mr. Syme also says:--
-
- “In Canada, Australia, and New Zealand, the party of progress
- has always been identified with a restrictive commercial policy,
- while the conservatives are the most uncompromising of free
- traders. Indeed, it may be said, that one-half of the entire
- English-speaking race are, in one shape or another, in favour of
- a restrictionist policy, and of this half the great majority are
- advanced liberals.”[36]
-
-Free trade was an assertion on the part of labourers as consumers;
-the protectionist policy of America and Australia is the attempt
-of the same class to obtain privileges as producers. The working
-men in those countries are possessed by the thorough belief
-that, by carrying out their policy, _they benefit all_. Free
-trade considered that the interests of _consumers_ suffered by
-protection; the Americans and Australians, with their eyes open,
-undergo these private inconveniences because they believe the _mass
-of the community is better off thereby_. To use the words of an
-intelligent American:
-
- “We all recognize that a protection tariff forces us to pay
- for many articles slightly more than they would probably cost
- us under a system of free trade. We know too that at first our
- manufactured products, whether of metal, cotton or coal, cost us
- in general more to make at home than they would have cost us if
- imported freely from abroad. We know that we are not buying in
- the cheapest market, but we believe, on the whole, it is _best to
- impose upon ourselves the voluntary tax[37] for the great ends_,
- not of enriching Monopolists, but of _promoting the best interest
- of the nation_.”
-
-The average American is neither a fool, nor a knave. To fanciful
-theories, whose value is problematical, he prefers the solid
-assurance of experience and fact.
-
-The cause of this apparently inconsistent action on the part of
-the working classes is easily explained. Free trade was a political
-job,[38] and the working classes were enlisted, by politicians,
-into a crusade against their own interests, to assist in the
-overthrow of those classes which supported the political opponents
-of the Free-Trading rulers.
-
-For this purpose the working classes were stirred up to class
-antagonism, and the Free-Traders have kept up the delusion by
-dishonestly claiming as the work of free trade every advantage
-which protectionist countries have shared in common with us.
-
-History is repeating itself in the delusion against which poor old
-Æsop warned us centuries ago by his fable of the “Members and the
-Belly.”
-
-The members (manufacturing hands) hounded on by Bright and Co.
-to class antagonism against the belly (the agricultural classes)
-who were represented as “squandering national wealth,” have now
-brought England to a pretty pass. The reaction is taking place.
-Poor old Æsop was, as a political economist, more far-seeing than
-Mr. Bright; who now, however, seems to be changing his views in
-the most marvellous manner, for he has at last recognised that
-the manufacturing interests are affected by the agricultural
-depression. For he says:--
-
- “Home trade is bad, mainly, or entirely, because harvests have
- been bad for several years. The remedy will come with more
- sunshine and better yield of land, _without this it cannot
- come_.[39]
-
- “I believe the agricultural owners and occupiers of land
- have lost more than £150,000,000 sterling through the great
- deficiency of harvest.”
-
-Bravo, Friend Bright! you are approaching the truth. Without
-improvement in agricultural prosperity “the _remedy for bad trade_
-cannot come.”
-
-But England is not celebrated for sunshine, the _sunshine we
-require is that of protection_.
-
-Taking the nine years ending 1881, I find that, in only one year,
-the rainfall of the United Kingdom has been largely (7¼ inches)
-above the average of the last seventeen years. In five out of the
-nine, the rainfall has been a little below the average; in one
-year, ¼ of an inch above, and in another year, not quite 2 inches
-above, the average.
-
-There is no doubt that the average produce of farming in England
-has, of late years, been below the average of former years; but the
-_Mark Lane Express_ returns show that, in all these years, there
-has been a considerable percentage of cases in which the crops have
-been equal to or over the average. From this we may assume that the
-sun is not wholly to blame, but that want of sufficient capital
-to farm properly and to recover the results of bad years has been
-a very important factor in the deficiency of crops. This may be
-gleaned from the replies to the questions circulated by Mr. Bear as
-to the condition of the farmers in 1878.
-
- _Bedfordshire_:--“Farmers are losing heart, and the land is in
- a much worse state than formerly.... There has been a serious
- inroad upon capital account during the last few years, and the
- land has seriously gone back in cultivation.... The condition of
- the land has sunk.”
-
- _Cumberland_:--“The last season has been a good one; but the
- present prices are not satisfactory, and the general depression
- in trade is now having its influence on farming.”
-
- _Essex_:--“Farmers suffering from low prices, general depression
- of trade, the rise in wages.... The work all round is carried on
- languidly, and year by year the condition of the land is becoming
- poorer.... A large quantity of the kind very badly farmed.”
-
- _Kent_:--“More weeds grown last year than I ever saw before.”
-
- _Monmouthshire_:--“Land going out of cultivation, stock reduced
- in quantity, only necessary work done.”
-
- _Northamptonshire_:--“The results of the two last seasons will
- not supply means for substantial improvements.”
-
- _Northumberland_:--“An immense deal of land producing nothing, I
- may say, simply out of cultivation.”
-
- _Oxfordshire_:--“The land is very foul and poor, partly from the
- continuous rains and the shortness of stock.”
-
- _Shropshire_:--“Very few farmers, if any, paying their way....
- Hand-to-mouth farming.”
-
- _Sussex_:--“The land generally is not so clean or so
- well-cultivated as it was a few years since.”
-
-Lord Derby estimates that, with proper farming, we should obtain
-twice as much produce as we now get.
-
-FOOTNOTES:
-
-[36] _Fortnightly Review_, April, 1873.
-
-[37] The false economist pursues a small present good which will
-be followed by a great evil to come, while the true economist
-pursues a great good to come at the risk of a small present evil.
-(Political Economy--Bastiat.)
-
-[38] “I am afraid that most of us entered upon this struggle with
-the belief that we had some _distinct class_ interest in the
-question.” (Cobden.)
-
-[39] Mr. Bright is deserting his free-trade comrades, who say--“It
-is not only the beneficial _working of free trade that prescribes
-the agricultural ruin of England_: it is the great natural law of
-the preservation of the fittest that proclaims that, as England is
-not the best fitted to grow corn, she must grow corn no longer.”
-
-
-
-
-CHAPTER XI.
-
-QUEM JUPITER VULT PERDERE, PRIUS DEMENTAT.
-
-
-I think you will admit, that if a statesman, pretending to govern
-by rules of political economy, should make very gross, misleading
-statements regarding the results of a particular line of policy
-which he had pursued for years, such a man must be convicted of
-hopeless incompetency or else of gross dishonesty, either of which
-ought to disqualify him as an administrator; and your Free Trade
-statesman certainly comes under such an indictment.
-
-Your Right Hon’ble Ruler rises after a public dinner, and holds
-forth with matchless eloquence, pointing out the blessings and
-prosperity Free Trade has brought to the country. His statements
-are received with thunders of applause, and the Right Hon’ble
-Orator and his audience disperse mutually satisfied with each other.
-
-I wonder whether it ever occurs to the orator, in the quiet
-of his chamber, that to use his own words, he “has resorted
-to the simple but effectual plan of pure falsification.”[40]
-Can he possibly be so ignorant of current events, and of the
-subjects with which he ought to be acquainted, as not to know
-that other nations--_protectionist nations_--_have made greater
-relative advance_ than ourselves; that the increase of wealth is
-_universal_; that it is shared by all civilized nations in common
-with us; and that it is due to improvements in science, art,
-and manufacture--to improved communications by railways, steam
-navigation, telegraphs, &c., which have made such enormous strides
-since the date at which Free Trade was adopted. Even Mill admits
-that--
-
- “So rapid had been the extension of improved processes of
- agriculture, that the average price of corn had become decidedly
- lower even before the repeal of the Corn Laws.”[41]
-
-There have been short periods of temporary prosperity in
-agriculture, and your Right Hon’ble Free Trader has been jubilant
-in hailing them as triumphs of Free Trade; but Adam Smith says:--
-
- _Improvements in manufacture tend to raise the value of land._[42]
-
-Dare you, my Friend, after examination of the statistics given in
-the foregoing chapter, say, that the general increase of wealth
-is due to Free Trade; when protectionist nations have shared it
-in common with us? Aye! and taken the lion’s share too! You claim
-the temporary prosperity of the years 1871-73 as a victory for
-Free Trade, when in reality this prosperity is the most damning
-evidence against it. Are you so utterly blinded, as not to perceive
-that this prosperity was caused by the Franco-Prussian war, which,
-by preventing the unlimited importation of French and German
-commodities into England, caused, in fact, partial _suspension of
-Free Trade_? Don’t you know that, in those years of prosperity, the
-price of wheat rose to 58_s._ 8_d._ per quarter, and that, in the
-present depressed condition of England, it is down to 41_s._ 5_d._
-per quarter? Don’t you know that, during that time of prosperity,
-the excess of imports beyond our exports was £60,000,000 less than
-in the present depressed time? In other words, we were depressing
-our industries by 60,000,000 sterling per annum less than at
-present. Now, my Friend, give your verdict; is your Right Hon’ble
-Free Trader guilty or not guilty, either of hopeless incompetence
-or gross dishonesty in attributing the general increase of wealth
-in the world to the agency of Free Trade?--Your friend, Bright,[43]
-naively admits that “to return to protection under the name of
-reciprocity, is to _confess to the protectionists abroad, that we
-have been wrong, and they have been right_.” Verily! Friend Bright,
-whether you confess it or not, the truth will out. Friend Bright!
-you are like the ostrich, burying its head in the sand and thinking
-no one can see you. The protectionist nations of Europe can see you
-distinctly, and they are all laughing at your folly.
-
-FOOTNOTES:
-
-[40] Applied to the Conservative Party by Mr. Gladstone, in 1879.
-
-[41] Mill’s Political Economy, Bk. I. Chap. XII.
-
-[42] Wealth of Nations, Bk. I. Chap. XI.
-
-[43] Mr. Bright, when brought to bay by unanswerable arguments, is
-in the habit of pleading that he has “neither time nor inclination”
-to enter into discussion, and takes refuge in discourtesy. A choice
-specimen is given in Appendix No. I.--correspondence with Mr. Lord.
-
-
-
-
-CHAPTER XII.
-
-THE WAGES OF JUGERNATH.
-
-
-I have not yet done with your Right Hon’ble advocate for Free Trade.
-
-I have another charge, of that which Mr. Gladstone terms the
-“simple and effective plan of pure falsification,” in which he
-himself appears to be not an unskilful adept.
-
-Your Right Hon’ble Ruler ascribes the rise of wages and consequent
-prosperity to the beneficial action of Free Trade. If this were the
-case, wages ought to be depressed, or at all events stationary, in
-protectionist countries.
-
-Let us see if this is the case:--
-
-
-_Relative rise of Wages._
-
- 1840 1850 1880
- { Agricultural labourer -- 100 150
- GT. BRITAIN { Skilled labourer 100 -- 153
- { Cotton operative 100 -- 133
-
- FRANCE { Agricultural labourer -- 100 125
- { Skilled labourer -- 100 150
- Belgium and Holland 100 -- 130
- United States, average labourer -- 100 143
-
-It will be seen by this that the rise of wages has been general;
-due to the general increase of wealth in civilized nations; and
-that, in some cases, the relative increase has been nearly as rapid
-in thirty years in the protectionist country as it has been in
-forty years in England. Mill says:--
-
- “The labourer in America enjoys a greater abundance of comforts
- than in any other country in the world, except in some of the
- newest Colonies.”[44]
-
-Is it possible to conceive a more impudent claim than that which
-your Free-Trader sets up in claiming the rise of wages as the work
-of Free Trade? It stands to common sense that Free Trade, or, in
-other words, unlimited foreign competition, must have a tendency to
-_reduce_ wages. During the agitation preceding the repeal of the
-Corn Laws, it was one of the arguments in favour of the movement,
-that cheap bread would enable the British operative to _work for
-lower wages_, and thus be able to compete with the continental
-operative, who enjoyed the advantage of food at lower rates than
-those obtaining in England.
-
-The general rise of wages which has occurred throughout
-protectionist countries, as well as in England, has been
-_principally_ due to the increase in the wealth of Europe; but
-it has also been _partially due to protection_ in the form of
-Trade-unionism. For what is Trade-unionism but protection in a
-somewhat extreme form?
-
-The protection of _British labour_ does not differ in principle
-from the protection of the _results of British labour_ in the
-shape of its industries. Amongst the resolutions adopted at the
-International Conference of Trades Unions Delegates, I find the
-following:--
-
- “There are two ways of attaining the object:--
-
- (1) Legislation for the _protection_ of the weak against
- competition;
-
- (2) Organization of workmen who should be united and disciplined
- as in certain countries.”
-
-Protection for the “_weak against competition_.” Is this in accord
-with Free Trade?
-
-FOOTNOTE:
-
-[44] Mill’s Political Economy, Bk. II. Chap. XV.
-
-
-
-
-CHAPTER XIII.
-
-PAUPERISM, CRIME, AND INTEMPERANCE.
-
-
-I have still another serious charge to bring against your Right
-Hon’ble Ruler, who pompously lays before you statistics to show
-that, since the introduction of Free Trade, pauperism and crime
-have decreased; and this your Right Hon’ble Ruler claims as one of
-the results of Free Trade.
-
-The figures produced seem to be all right; but really the
-statistics of your Right Hon’ble Ruler have been found so very
-untrustworthy, that a careful scrutiny of them is necessary; and
-on investigation I find in them unmistakable evidence of either
-ignorance or dishonesty.
-
-These statistics show that the number of paupers under relief in
-England was--
-
- In 1862 890,000
- In 1880 799,000
- -------
- Apparent decrease 91,000
-
-In considering these figures, however, it must be remembered
-that England has of late years greatly increased the rate per
-pauper;[45] or, in other words, the relief now given will either
-relieve worse cases of pauperism than before, or else extend relief
-to other members of the family of the actual recipient. The present
-rates of relief in England are now four-and-half times as much
-as those in France, and seven-and-half times as much as those in
-Belgium and Holland.[46]
-
-In the next place, your Right Hon’ble Free-Trader omits to
-mention that the private charities of _London alone_ (orphanages,
-homes, asylums, hospitals, &c.) have increased, since 1859, by
-£1,159,000,[47] a sum sufficient to relieve 526,000 paupers at the
-French rate, or nearly 900,000 by the Belgian rate.
-
-It is probable that private charities of the rest of England,
-including the large provincial towns, have increased in the same
-ratio as those of London; representing an enormous amount of relief.
-
-Then, again, no mention is made of the relief afforded by Trades
-Unions and Benefit Societies,[48] which now expend about £4,000,000
-annually in relief. This, at French rate, represents the relief of
-1,800,000 paupers, or at Belgian rate of about 3,000,000 paupers.
-
-Now, my Friend, what is your fictitious saving of 91,000 in
-comparison with the enormous figures given above?
-
-Mr. Fawcett says:--
-
- “Mr. Torrens, the Member for Finsbury, sought to prove that
- pauperism was increasing, that vast numbers of able-bodied
- labourers were unemployed, and that the normal condition of a
- considerable proportion of our population was one of abject
- misery and deplorable destitution.
-
- “Mr. Goschen met these statements by a positive and indignant
- denial. He quoted a number of statistics to prove that the iron
- trade, the cotton trade, and other important branches of industry
- were reviving; he was jubilant over the fact that the number of
- paupers had only increased by 10,000 in a twelvemonth, and he
- became quite elated when recounting that the working classes were
- using more tea and sugar, and that their average consumption of
- beer and spirits was augmenting. The speech was loudly applauded,
- especially by the commercial members. There are many who still
- think that the well-doing of a country can be measured by its
- exports and imports.... It is not our intention to dispute the
- accuracy of Mr. Goschen’s statistics. There is, however, too much
- reason to fear that they only tell a small part of the truth; and
- that, if not judiciously considered, they may conceal awkward and
- ugly facts which it will be perilous to ignore.”[49]
-
- “Sir Edward Sullivan alluded to a statement made, he said, by a
- distinguished statesman, that, out of a population of thirty-four
- millions seven millions were _toeing the line of starvation_.”[50]
-
-And these statements would appear to be in accord with the figures
-I have given above.
-
-The statistics of your Right Hon’ble Ruler, which you receive with
-thunders of applause, are not worth the paper on which they are
-written.
-
-Again I ask your verdict--guilty or not guilty?
-
-Now for Crime. The statistics in this case are less defensible
-than in the previous case, because they involve a dishonourable
-_suppression of facts_.
-
-The statistics brought forward to show that a diminution of crime
-has been the result of Free Trade, are as follows:
-
- Convictions in 1859 13,470
- ” 1881 11,353
- ------
- Apparent decrease of crime 2,117
-
-Now this _apparent_ decrease is wholly due to the “Criminal Justice
-Act” of 1855, which enables Magistrates to pass short sentences;
-and these, coming under the head of “Summary Convictions,” do not
-appear under the head of “Convictions,” _where they would have
-appeared but for the “Act” of 1855_.
-
-If we take the total cases, _including summary convictions_, the
-figures stand as follows:--
-
- Convictions in 1859 246,227
- ” 1881 542,319
- -------
- Increase in crime 296,092
-
-In other words, instead of your Right Hon’ble Ruler’s decrease
-of 2,000 convictions, we have actually an increase of nearly
-300,000. Is it possible to conceive a more glaring case of what Mr.
-Gladstone himself terms “the simple but effectual plan of _pure
-falsification_?”
-
-Now for Intemperance. The number of persons fined for drunkenness
-in England:
-
- In the year 1860 88,410
- In ” 1881 174,481
-
-or roughly speaking, the convictions for drunkenness have doubled
-in twenty-one years.
-
-Truly, my Friend, you cannot congratulate Free Trade on the
-decrease of pauperism, crime, and intemperance it has produced.
-
-FOOTNOTES:
-
-[45] “In fifty years, Great Britain has lifted her estimate on this
-point so rapidly that she spends five times as much for a given
-number of paupers? than she did fifteen years after the opening
-of the century.” (‘Practical Political Economy,’ by Profr. Bonamy
-Price, p. 237.)
-
-[46] _Comparative Cost of Relief to Paupers._
-
- England £10 0
- France 2 2
- Belgium and Holland 1 3
- (Mulhall’s Statistics, p. 346.)
-
-[47] _Expenditure in London Charities._
-
- 1859. 1881.
- Orphanages £409,000 £458,000
- Homes for aged 88,000 770,000
- Asylums 25,000 156,000
- Hospitals, &c. 301,000 596,000
- ------- --------
- Total 823,000 1,980,000
-
-[48] The financial condition of many of the Trades Unions is
-causing serious alarm. The drain has been so heavy on them, that
-their capital is greatly reduced, and unless some change takes
-place, they will become bankrupt. The increase of pauperism will
-then be enormous.
-
-[49] _Fortnightly Review_, January, 1871.
-
-[50] _The Mail_, December 19th, 1883.
-
-
-
-
-CHAPTER XIV.
-
-JUGERNATH AFLOAT.
-
-
-I see, my Friend, that you are bringing out your trump card.
-“Behold!” you argue “the unfortunate condition to which America has
-been reduced by her protectionist policy; she has scarcely a ship
-afloat, whilst Free Trade England is carrying the commerce of the
-world.”
-
-First, I would ask, are you _quite_ sure that all this is caused by
-Free Trade?
-
-Don’t you think that it is just within the bounds of possibility
-that our shrewd American cousins may possibly find a quicker and
-more remunerative investment for their capital, in encouraging
-their home-productive industries, and in employing their
-home-labour productively, than in a keen competition with the
-English for a barren trade that is not worth having?
-
-Are you ignorant of the fact that the shipping trade has been a
-losing concern for some considerable period?
-
-Are you unaware of the fact that wheat has been frequently carried
-as ballast, and has paid no freight; that other articles have been
-carried at almost nominal rates?
-
-In the _Civil and Military Gazette_ of 7th December, 1883, under
-the Telegraphic Summary, I read--
-
- “It is predicted that, unless freight rates to India speedily
- improve, a considerable number of steamers now engaged in the
- trade will be laid up.”
-
-I also read in the _Madras Mail_, January 9th, 1884, that an organ
-of the shipping interests in London has drawn up the probable
-“results of the gross working of thirteen steamers of a well-known
-Steam Navigation Company, the result of which is a total loss of
-£34,000 in one year’s trading.”
-
-Are the Americans to be pitied, because they have no share in this
-losing concern?
-
-If protectionism has kept them out of it, you can scarcely blame it.
-
-But even without such keen competition, the Americans are
-justified, by the writings of your sacred shastras, as may be seen
-by the following quotation:
-
- “The capital, therefore, employed in the _Home trade_ of any
- country will generally give encouragement and support to a
- greater quantity of productive labour in that country, and
- increase the value of its annual produce, more than an equal
- capital employed in the _Foreign trade_ of consumption; and
- the capital employed in this latter trade has, in both these
- respects, a _still greater advantage over an equal capital
- engaged in the Carrying trade_.”[51]
-
-So you see that the authority of your own sacred writings is
-favourable to the policy of our American cousins in this respect.
-
-FOOTNOTE:
-
-[51] ‘Wealth of Nations,’ by Adam Smith, Bk. II. Chap. V.
-
-
-
-
-CHAPTER XV.
-
-ADVERSE PROSPERITY.
-
-
-I have a few words to say about high wages and prosperity, before I
-quit the subject.
-
-Although the rise of wages is, in fact, to some extent, the work
-of protection, I am not proud of it; for trades unionism is
-protection of an extreme character, generally narrow in its aims,
-not sufficiently far-seeing, and consequently sometimes mischievous
-in its results.
-
-The raising of wages within reasonable bounds is desirable; but,
-in a Free Trade country, it is apt to be attended with serious
-consequences in raising the cost of the manufactured article, when
-competing against the manufacture of foreign countries, where wages
-are lower and hours of work longer.
-
-It is said by Free Trade advocates, that although the cost of
-provisions has not sensibly increased, yet _wages are 50 per cent.
-higher, and hours of labour 20 per cent. less_, than they were
-forty years ago.
-
-From the political economist’s point of view, this appears to be a
-decrease of national wealth. Mill says:--
-
- “Saving enriches, and spending impoverishes, the community along
- with the individual. Society at large is richer by what it
- expends in _maintaining and aiding productive labour_, but poorer
- by what it expends in its enjoyments.”[52]
-
-Now if a stalwart race could have existed, and have done 20 per
-cent. more work on the lower rate of wages,--although, doubtless,
-some improvement in the condition of workmen was desirable,--50
-per cent. appears to be a large margin, when we consider that the
-price of provisions is said to be unaltered. The British workman
-is proverbially extravagant and improvident. High wages encourage
-extravagance, whilst surplus cash furnishes the means, and short
-hours the leisure, for gratifying a taste for drink.
-
-Setting aside for the moment the serious evils of intemperance,
-we have practically, with high wages, the causes that lead to the
-impoverishment of a community.
-
-A glance at the statistics of Mr. Giffen seems to indicate this,
-for whilst the consumption per head of those commodities which are
-termed necessaries of life, have only increased 33 to 40 per cent.
-respectively, the consumption of those which may be considered
-luxuries--namely, tea and sugar--have increased 232 and 260 per
-cent. respectively.
-
-Again, statistics show that, whilst the other classes of the
-community have increased in number by 335 per cent. of late years,
-the working classes have only increased by 6½ per cent. In other
-words, the unproductive classes have increased largely, but, whilst
-there is only 6½ per cent. _numerical_ increase in the productive
-classes, their labour has decreased by 20 per cent. from shorter
-hours of labour.
-
-The drones in the hive have increased very largely, and the workers
-have not done so, but have developed an alarming taste for honey.
-
-The question of waste of wealth would be comparatively of minor
-importance were it not seriously complicated by the existence of
-Free Trade; but we have now to confront the fact, that, in the
-present day, we have to pay 50 per cent. more money for 20 per
-cent. less labour than we did forty years ago; whilst Free Trade
-brings into the market the products of the keen competition of a
-thrifty and parsimonious class of workmen who accept lower wages
-and work longer hours. The result must be a gradual extinction of
-our industries:
-
-Cotton and woollen industries are struggling hard for existence.[53]
-
-Silk manufacture is dying out.
-
-Iron industries in a bad way.
-
-Gloomy predictions are made respecting the shipping trade.
-
-Agriculture is rapidly becoming extinguished.
-
-English pluck, capital, and credit are struggling manfully against
-disaster, but the struggle cannot last much longer; capital is
-sustained by credit; and credit is receiving heavy and repeated
-blows from unremunerative industries. Meanwhile, high wages and
-extravagant habits are not the best training for the millions that
-will be thrown out of employment when the crash comes.
-
-Your prophet, Adam Smith, though an advocate for the repeal of the
-Corn Laws, foresaw and forewarned you of these consequences, as
-follows:--
-
- “If the free importation of Foreign manufactures were permitted,
- several of the Home manufactures would probably suffer, and some
- of them perhaps go to ruin altogether.”[54]
-
-Verily, my Friend, you are like a shipowner who congratulates
-himself that his sailors were never so well off before--never went
-aloft less--never kept fewer watches--never remained so much in
-their warm beds: meanwhile the devoted ship is drifting slowly, but
-surely, on to the rocks.[55]
-
-FOOTNOTES:
-
-[52] ‘Political Economy,’ by J. S. Mill, Bk. I. Chap. V.
-
-[53] Mr. S. Smith, M.P., who is connected with cotton industry, has
-recently stated that “with all the toil and anxiety of those who
-had conducted it, the cotton industry of Lancashire, which gave
-maintenance to two or three millions of people, had not earned so
-much as 5 per cent. during the past ten years. The employers had
-a most anxious life; and many, after struggling for years, had
-become bankrupt, and some had died of a broken heart;” and he added
-that he believed “most of the leading trades to be in the same
-condition.”
-
-The cheap production of Belgian fabrics is stated by the employers
-to be the cause of the depression in the cotton trade. (_Times_,
-Dec. 1883.)
-
-[54] ‘Wealth of Nations,’ Bk. IV. Chap. II.
-
-[55] A writer in _Vanity Fair_, in analyzing the Board of Trade’s
-statistics for the year ended March 31st, 1883, when compared with
-those for the year ended March, 1880, or the three years of the
-Gladstone Ministry, says:
-
-“We were promised cheaper Government, cheaper food, greater
-prosperity. We find that so far from these promises being verified,
-they have every one been falsified by the result.
-
-“Our Imperial Government is dearer by £8,000,000; our Imperial and
-Local Government, together, is dearer by £10,000,000.
-
-“As to food, wheat has become dearer 1_s._ 3_d._ per quarter; beef,
-by from 3_d._ to 5_d._ per stone; Mutton, by 1_s._ 3_d._; money is
-dearer than 1¾ per cent.
-
-“As to prosperity, our staple pig iron is cheaper by 22_s._ 2_d._
-per ton. We have 398,397 acres fewer under cultivation for corn,
-grain and other crops; 50,077 fewer horses; 129,119 fewer cattle;
-4,789,738 fewer sheep in the country. We have, in spite of the Land
-Act and the allegation of increased prosperity, 18,828 more paupers
-in Ireland on a decreasing population. We find that 115,092 more
-emigrants have left the country in a year, because they cannot get
-a living in it. We lose annually 349 more vessels and 1,534 more
-lives at sea. The only element of consolation that these figures”
-(Board of Trade Returns) “have to show is, that we have 778,389
-more pigs and 4,627 more policemen in the country. In fact, we are
-more lacking in every thing we want; more abounding in every thing
-we don’t want.
-
-“The price of everything we have to sell has gone down; the price
-of everything we have to buy has gone up; and what has gone up most
-is the price of Government.
-
-“Dearer Government, dearer bread, dearer beef, dearer mutton,
-dearer money; cheaper pig iron; less corn, potatoes, turnips,
-grass, and hops, fewer horses, fewer cattle, fewer sheep; more
-paupers, more emigrants, more losses of life and property at sea,
-more pigs, more policemen.
-
-“These are the benefits that three years of liberal rule have
-conferred upon us!!!”
-
-
-
-
-CHAPTER XVI.
-
-SACRED RIGHTS OF PROPERTY.
-
-
-I have already stated that Mill, when he allows that which Herbert
-Spencer terms “political bias,”--and Luigi Cossa terms his “_narrow
-philosophic utilitarianism_,” to warp his better judgment,--is
-guilty of absurdities and inconsistencies that would disgrace a
-schoolboy. This is notably apparent when he attempts to draw a
-fundamental distinction between land and any other property, as
-regards its “sacred rights.”
-
-Mr. Mill greatly admired the prosperity of the peasant proprietors
-in France and Belgium, unfortunately forgetting that a system,
-suited to the sober thrifty peasantry of the Continent, might
-possibly not be equally suitable to the improvident lower classes
-of Ireland and England,[56] neglectful also of the sensible view
-taken by M. De Lavergne that “_cultivation spontaneously finds out
-the organization that suits it best_.”[57] He wished therefore to
-establish an Utopia of peasant proprietors in England and Ireland
-as a panacea for the evils which Free Trade in the first place,
-and mischievous legislation in the second place, had brought upon
-agriculture. Without presuming to offer an opinion on the debated
-subjects of “Grande” and “Petite Culture,” or peasant and landlord
-proprietorship, I may say that cultivation appears to have found
-out spontaneously the organization best suited to it, and that,
-in England and Ireland, landlordism seems best suited to the
-improvident character of the lower classes, in providing capital to
-help the tenants over bad times, and enabling improvements to be
-made in prosperous times.
-
-Be this as it may, peasant proprietorship has proved to be a
-failure in Ireland, and is rapidly becoming extinct.[58] Writers
-on the subject state that, under that system, labour was so
-ill-directed, that it required six men to provide food for ten;
-and consolidation of holdings is recommended. Mr. Mill, however,
-thought otherwise, and biased by this political conviction, he has
-propounded the following extraordinary arguments to prove that the
-sacred rights of property are not applicable in the case of landed
-property[59]:--
-
- (1) “No man made the land.”
-
- (2) It is the original inheritance of the whole species.[60]
-
- (3) Its appropriation is wholly a question of general expediency.
-
- (4) When private property in land is not expedient, it is unjust.
-
- (5) It is no hardship to any one to be excluded from what others
- have produced.
-
- (6) But it is a hardship to be born into the world and to find
- all nature’s gifts previously engrossed.
-
- (7) Whoever owns land, keeps others out of the enjoyment of it.
-
-Now let us apply Mr. Mill’s arguments to any other kind of property.
-
-Suppose I say to you:--“My friend! you have two coats; hand one of
-them over to me! Sacred rights of property don’t apply to it; you
-did not make it; and Mill says--‘_it is no hardship to be excluded
-from what others have produced_;’ but it is some hardship to be
-born into the world, and to find all nature’s gifts engrossed. Your
-argument that you paid for it in hard cash is worthless. _No man
-made_ silver and gold, ‘it is the original inheritance of the whole
-species, the receiver is as bad as the thief, and you have connived
-in the robbery of those metals from the earth, leaving posterity
-yet unborn to be under the hardship of finding all nature’s gifts
-engrossed.’
-
-“The manufacture of your coat is based on robbery and injustice,
-and you have connived at it; the iron and coal used in its
-production were _made by no man_, they are the _common inheritance
-of the species_, those who have obtained them have robbed
-posterity. You have bribed them to do so by silver and gold, also
-robbed from posterity.
-
-“The very wool of which your coat is formed was _made by no man_,
-it was robbed from a defenceless sheep. Your argument that the
-sheep was the property of the shearer is useless. No man made the
-sheep, it is the common inheritance of all, &c. Your argument that
-his owner reared the sheep, is equally worthless. Monster! if you
-find a child, have you a right to rob him and make a slave of him?
-such an argument would justify slavery[61] or worse.
-
-“When _private property is not expedient it is unjust_, and from
-my ground of view, it is not expedient that this private property
-should be yours; public only differs from private expediency in
-degree. ‘He who owns property keeps others out of the enjoyment of
-it,’ the sacred rights of property don’t apply to this coat; so
-hand it over without any more of your absurd arguments. Nay! if
-you don’t, and as I see some one is approaching who may interfere,
-its appropriation is one of expediency,--individual expediency
-must follow the same law as general expediency,--it is expedient
-that I should draw my knife across your throat, otherwise I shall
-lose that which is my inheritance in common with the rest of the
-species.” And so I might argue _ad infinitum_.
-
-Mr. Mill’s sophisms however are, what Cossa terms, “concessions
-more apparent than real to socialism,” for further on, in his
-Political Economy, he completely stultifies his argument by stating
-that the principle of property gives to the landowners:--
-
- “a right to compensation for whatever portion of their interest
- in the land it may be the policy of the State to deprive them of.
- To that _their claim is indefeasible_. It is due to landowners,
- and to owners of any property whatever recognised as such by
- the State, that they should not be dispossessed of it without
- receiving its pecuniary value.... This is due on the _general
- principles on which property rests_. If the land was bought with
- the produce of the labour and abstinence of themselves or their
- ancestors, compensation is due to them on that ground; _even if
- otherwise_, it is still due on the ground of prescription.”
-
- “Nor,” he adds, “can it ever be necessary for accomplishing
- an object by which the community altogether will gain, that a
- particular portion of the community should be immolated.”[62]
-
-Unfortunately, however, his mischievous denial of the sacred
-rights of property in land is eagerly read, while his subsequent
-qualification of it is neglected by those who, like Mr. Bright,
-aim at the destruction of a political opponent; or, like Mr.
-Gladstone, are bent on a particular policy, reckless of the results
-in carrying it out; or, like Mr. Parnell and his followers, whose
-hands itch for plunder; and it has produced a general haziness
-of ideas amongst that well-meaning class of people who are
-good-naturedly liberal with the property of other people.
-
-Yet, clothe it with what sophism you will, any attempt, whether
-legalized or otherwise, to deprive the landowner of his property
-and to violate his rights, is as unjustifiable as the depredations
-of the burglar or the pickpocket. Nay more so; because the
-statesman or political economist cannot plead poverty or want of
-education as his excuse.
-
-FOOTNOTES:
-
-[56] If we were to partition out England into a Mill’s Utopia of
-peasant proprietors to-morrow, it would not last a week; half of
-the proprietors would convert their holdings into drink, and be in
-a state of intoxication until it was expended.
-
-[57] ‘Grande and Petite Culture. Rural Economy of France.’ De
-Lavergne.
-
-[58] The yeomen and small tenant-farmers, men of little capital,
-have almost disappeared, and the process of improving them off the
-face of the agricultural world is still progressing to its bitter
-end; homestead after homestead has been deserted, and farm has
-been added to farm--a very unpleasing result of the inexorable
-principle--the survival of the fittest--by means of which even the
-cultivators of the soil are selected;--but a result which, not the
-laws of nature, but the bungling arrangements of human legislators,
-have rendered inevitable. (Bear., _Fortnightly Review_, September,
-1873.)
-
-[59] ‘Mill’s Political Economy,’ Bk. II. Chap. II.
-
-[60] The original inheritors have, through their lawfully
-constituted rulers, parted with their property, having, in most
-cases, received an equivalent for it in the shape, either of
-eminent services rendered to the State, or else of actual payments
-in hard cash; and these transactions have been deliberately
-ratified and acknowledged by the laws of the country from time
-immemorial. It is therefore simply childish to argue that the land
-thus disposed of still belongs to the original inheritors, after
-they have enjoyed for past years the proceeds for which they have
-bartered the land that once belonged to them.
-
-[61] I beg your pardon, my dear Fanatic, I see I have unconsciously
-made a slight mistake. Mill says, that appropriation is wholly a
-matter of general expediency, and on that ground you _may_ justify
-slavery.
-
-[62] Mill’s Political Economy, Bk. II. Chap. II.
-
-
-
-
-CHAPTER XVII.
-
-SELECTIONS FROM JUGERNATH’S SACRED WRITINGS.
-
-
-Allow me, my dear Idolator, to make a few quotations from one of
-your sacred Vedas, on the subject of land.
-
-You are fond of quoting them when it suits your purpose.
-
- _Wealth of Nations, by Adam Smith._ _Action of Free Trade._
-
- (1.) Every improvement in the Free Trade has ruined
- circumstances of the society agricultural industry. Can it
- tends, either directly be an improvement in the
- or indirectly, to raise the circumstances of the society.
- real rent of land, to increase
- the real wealth of
- the landlord, his power of
- purchasing the labour or
- the produce of the labour
- of other people.
-
- (2.) Every increase in the real Free Trade has lowered rents.
- wealth of the society, Can it have wrought increase
- every increase in the in the real wealth of society?
- quantity of useful labour
- employed within it, tends
- indirectly to raise the real
- rent of land.
-
- (3) All those improvements in The improvements in machinery,
- the productive powers of science, steam, and electricity
- labour which tend directly prevented the collapse of
- to reduce the real price agriculture at first, and has
- of manufactures, tend indirectly even given a semblance of
- to raise the real temporary prosperity, and this
- rent of land. has been dishonestly claimed by
- Free-traders as their work.
-
- (4.) Whatever reduces the real In spite of this advantage
- price of manufactured agriculture has collapsed
- produce raises that of under Free Trade.
- rude produce of the landlord.
-
- (5.) The neglect of cultivation Your Free Trade prophets, Bright
- and improvement, the fall and Gladstone, are unceasing
- in the real price of any in their endeavours to destroy
- part of the rude produce the landlord and diminish his
- of the land ... tend to power of employing productive
- lower the real rent of land, labour.
- to reduce the real wealth
- of the landlord, to diminish
- his power of purchasing
- either the labour
- or the produce of the
- labour of other people.
-
- (6.) The whole annual produce
- of the land and labour of
- every country constitutes
- a revenue to three different
- orders of people,
- --to:--
- 1. Those who live by rent.
- 2. Those who live by wages.
- 3. Those who live by profit.
- The interest of the first
- of these three great orders
- is strictly and inseparably
- connected with the general
- interests of the society.
- _Whatever either promotes Free trade obstructs the
- or obstructs the one, promotes interests of the first of
- or obstructs the other._ these three great orders, and
- necessarily obstructs the
- general interests of the
- nation at large.
-
- (7.) The interest of this third Free trade has emanated from
- order has not the same this order.
- connection with the
- general interest of the
- society as that of the
- other two.
-
- _Merchants and Master
- Manufacturers_ are, in this
- order, the two classes of
- people who commonly employ
- the largest capitals.
-
- (8.) The proposal of any new If attention had only been paid
- law or regulation of commerce, to Adam Smith’s warning, we
- which comes from should not now have to mourn
- this order, ought always the decadence of England’s
- to be listened to with great industries.
- precaution, and ought
- never to be adopted till
- after having been long and
- carefully examined, not
- only with the most scrupulous,
- but with the most
- suspicious, attention.
-
- (9.) It comes from an order of
- men whose interest is
- never exactly the same
- with that of the public;
- who have generally an
- interest to _deceive and
- even to oppress the public_,
- and who accordingly have,
- upon many occasions, How true of your prophet Bright!
- both deceived and oppressed Free Trade is another fearful
- it. (Wealth of Nations, example of the _deception and
- by Adam Smith, Bk. I. oppression_ practised by
- Chap. XI.) this class.
-
-
-You will probably, attempt to discredit your sacred writings when
-they do not support your own views.
-
-You will argue that Adam Smith wrote when the conditions of society
-and commerce were very different from what they are now.
-
-Mathematicians say, that when a formula will not accommodate
-itself to altering conditions and circumstances, it is unsound. It
-is the same with political science. Either the political science
-of Adam Smith is unsound, and he is not reliable, or the serious
-indictments against Free Trade given in the quotations above are
-well-founded.
-
-
-
-
-CHAPTER XVIII.
-
-THE VAMPIRE.
-
-
-What is the nature of a country-life that it should breed such
-a vampire,--such a monster of iniquity,--such a “squanderer of
-national wealth” as the landlord whom your Free-trading friends
-hold up to public execration? The old classical idea “procul
-a negotiis” would indicate that it had a contrary influence.
-How is it then that it produces the unmitigated miscreant whom
-Bright delights to denounce,--whom Gladstone loves to pursue with
-ruinous enactments,--and whom Parnell, with his murderous crew,
-takes pleasure in “boycotting,” maiming, and assassinating? The
-external appearance of this monster gives no clue to his character.
-From personal acquaintance with men of this class in England I
-should have said, that, on the average, they were well-meaning,
-harmless, good-natured men; not always of the widest of views,
-or shrewdest intelligence, but with the best intentions, anxious
-in bad times to help their tenants, and in good times to improve
-their property. Even your prophet Adam Smith appears to have been
-deceived by them.[63] Again, appearances are deceptive; for, to
-my inexperienced eye, there seemed to be a large amount of kindly
-sympathy between tenant and landlord.
-
-I am unable to speak from personal experience respecting the same
-classes in Ireland; but all novels and tales of Irish life, which
-should reflect, with some degree of truth, the general aspect of
-things, agree in describing scenes, probably founded on facts,
-from which one would imagine that, before the present agitation
-and enactments, there appeared to exist much kindly feeling and
-sympathy between the peasantry and the “Masther,” who, with all his
-faults, is represented as a generous, rollicking, devil-may-care
-sort of fellow,[64] quite opposed to the grasping, grinding
-miscreant whom your friends denounce; of course, there were
-exceptions.
-
-Mr. A. M. Sullivan seems also to have been mistaken when he says:--
-
- “The conduct of the Irish landlords throughout the famine period
- has been variously described, and has, I believe, been generally
- condemned. I consider the censure visited on them too sweeping.
- I hold it to be in some respects _cruelly unjust_.... It is
- impossible to contest authentic cases of brutal heartlessness
- here and there; but granting all that has to be entered on the
- dark debtor side, the overwhelming balance is the other way. The
- bulk of the resident Irish landlords manfully did their best in
- that dread hour. If they did too little compared with what the
- landlord class in England would have done in a similar case, it
- was because little was in their power.... They were heritors
- of estates heavily overweighted with the debts of a bygone
- generation.... To these landowners the failure of one year’s
- rental receipts meant mortgage, foreclosure, and hopeless ruin.
- Yet cases might be named by the score in which men _scorned to
- avert_, by pressure on their suffering tenancy, _the fate they
- saw impending over them_. They went down with the ship.
-
- “No adequate tribute has ever been paid to the memory of those
- Irish landlords, and they were men of every party and creed, who
- perished martyrs to duty, in that awful time.”[65]
-
-It is wonderful how, at such an awful time, the Irish landlord
-should have continued to mask his true character.
-
-Still I am rather puzzled.
-
-I quite admit that the Irish landlord is wrong in rack-renting his
-tenant to the extent of grinding out of him one-third of the amount
-that is cheerfully paid by tenants in _protectionist_ countries.
-
-I admit that he should not have tried in a _Free Trade country_ to
-have extorted more than one-tenth of the rent paid by protectionist
-tenants. Nay, I will go further. I don’t think that a tenant in
-Free Trade Ireland would farm to a profit even if he had the land
-_rent-free_. I admit also that it was selfish of the landlord to
-allow the question of his own pauperism to weigh in the question of
-rent.
-
-Still, after making due allowance for all these faults, I cannot
-quite understand how his guilt is sufficiently proven to
-warrant his continued persecution and gradual extermination, by
-enactment after enactment for his ruin, should he chance to escape
-assassination. A snake or a rat could not be hunted down with
-greater venom. I must say that, in spite of his crimes, he is an
-object of pity.
-
-Perhaps an analysis of his villainy may help me to understand the
-heinousness of his crime; let us apply, therefore, to the political
-economist for the character of the rent, the instrument with which
-he commits his crime--what does he say?[66]
-
- “Rent does not affect the price of agricultural produce.”[67]
-
- “Whoever does pay rent gets back its full value in extra
- advantage, and the rent which he pays does not place him in
- a worse position than, but only in the same position as, his
- fellow-producer who pays no rent, but whose instrument is one of
- inferior efficiency.”[68]
-
- “Rent is reached by bargaining between the landlord and tenant;
- bargaining founded on the practical elements existing in the
- business. Profit must satisfy the tenant, or he will not take the
- farm; and on the other hand, if he claim an unduly low rent, he
- will find a rival competitor stepping into the farm house.... The
- position of an in-coming tenant is that of a man who is buying a
- business for sale (for whether he purchases the farm outright in
- order to cultivate it, or hires it, makes no difference in the
- nature of the transaction). He is buying a specific business in
- a given locality, as any man might do in a manufacturing town,
- and his motive is _profit_. This consideration governs the whole
- of the negotiation between the landowner and himself ... upon
- the terms of an annual payment of the means of _profit_ which he
- seeks to acquire.”[69]
-
-Yes! This appears to me to be just and business-like; the tenant
-hires the land for the profit he expects to get out of it, and his
-rent is a simple debt. Proceed:--
-
- “To refuse to pay debt violently is to _steal_, and to permit
- stealing is not only to dissolve, but to demoralize, society.”[70]
-
- “When a portion of wealth passes out of the hands of him who has
- acquired it, without his consent, and without compensation, to
- him who has not created it ... plunder is perpetrated.”[71]
-
- “Law is common force organized to prevent injustice.”[71]
-
- “If the law itself performs the action it ought to repress,
- plunder is still perpetrated under aggravated circumstances.”[71]
-
- “To place the position itself of a landlord in an invidious
- light, as a man who exacts from the labours of others that for
- which he has neither toiled nor spun, is a most unwarrantable
- process of argumentation.”[70]
-
- “It would be impossible to introduce into society a greater
- change and a greater evil than this:--the conversion of law into
- an instrument of plunder.”[71]
-
-Yes, yes! All this appears to me to be just and sensible! but
-pardon me, I am a little obtuse. I cannot yet see that the
-landlord’s guilt is proven. Let us recapitulate:--
-
-Rent does not raise the price of corn! The tenant gets value for
-his rent! He enters into a business contract for profit! The rent
-is a simple debt. To refuse it, is to steal! To assist legally at
-this refusal, is to be an accomplice in the theft! In this case
-Government is the accomplice, and the Government is a plunderer
-under aggravated circumstances! Moreover, it not only plunders,
-but demoralizes society. Mr. Gladstone represents Government.
-Messrs. Bright, Parnell, Davitt and Co. assist in this legalized
-and illegal plunder; thus demoralizing the society. The property
-of the landlord passes to another without his consent and without
-compensation! Messrs. Gladstone and Co. use that which Professor
-Bonamy Price terms a most “unwarrantable process of argumentation.”
-
-Stop! Stop!! for goodness’ sake!!! My brain is getting confused; in
-my innocence, had I not been gravely assured that they were angels
-of light, patriots, philanthropists,[72] I should have mistaken
-Messrs. Gladstone, Bright, Parnell, Davitt, and Co. for the real
-criminals.
-
-FOOTNOTES:
-
-[63] Adam Smith, in speaking of the class of merchants and
-manufacturers, says:--“Their superiority over the country gentleman
-is not so much in their knowledge of the _public interest_ as in
-their having a better knowledge of _their own interest_ than he has
-of his. It is by this superior knowledge of their own interest that
-they have frequently imposed upon _his generosity_ and persuaded
-him to give up his own interest and that of the public from a very
-simple but honest conviction that their interest, and not his, was
-the interest of the people.” (Wealth of Nations, Bk. I. Chap. XI.)
-
-How true in the case of Free Trade!
-
-[64] The landlordism of the days before Famine (1847) never
-“recovered its strength or its primitive ways. For the landlord,
-there came of the Famine the Encumbered Estates Court. For the
-small farmer and tenant class there floated up the American
-Emigrant ships.” (‘History of Our Own Times,’ Justin Macarthy.)
-
-[65] New Ireland, by A. M. Sullivan, p. 133.
-
-[66] Adam Smith contradicts himself about rent--in one set of
-passages he says it is the _cause_, and in another the _effect_, of
-prices.
-
-[67] Macleod’s Economics, p. 117.
-
-[68] Political Economy, by J. S. Mill, Bk. II. Chap. XVI.
-
-[69] Profr. Bonamy Price.
-
-[70] Profr. Bonamy Price.
-
-[71] Political Economy, Bastiat.
-
-[72] “Legal plunder has two roots. One of them is in human egotism,
-the other is in false philanthropy.” (Political Economy, Bastiat.)
-
-
-
-
-CHAPTER XIX.
-
-ODIMUS QUOS LÆSIMUS.
-
-
-Your friend, John Bright, with his usual disregard for accuracy,
-describes the large landlord as the “squanderer and absorber of
-national wealth,” but seeing that the total rent of land in Great
-Britain and Ireland is less than 5 per cent. of the whole national
-income,[73] and that of this less than one-seventh is in the hands
-of large landowners, it would require a more able statesman than
-Mr. Bright to show how he can squander that, of which such a very
-small proportion passes through his lands.
-
-No? friend Bright. You and your fellow free-traders are the real
-squanderers of national wealth, and you seek to shift the blame
-from your own shoulders, by dishonestly laying it on those of the
-landowner. I command to your perusal the graphic description of a
-large landowner--the Duke of Argyle--who states that, in Trylee, by
-feeding the tenantry in bad times, by assisting some to emigrate,
-by introducing new methods of cultivation, by expenditure of
-capital in improvements, by consolidating small holdings when too
-narrow for subsistence, he has raised a community, from the lowest
-state of poverty and degradation, to one of lucrative industry and
-prosperity.
-
-The prosperity these tenants enjoy is due to the beneficial and
-regulative power of the landlord as a capitalist. The greater
-the wealth of the landlord, the greater is his beneficial and
-regulative power. There were thousands of landowners who acted up
-to the limits of their power in this way, until you, friend Bright,
-ruined them and deprived them of the power of helping their tenants.
-
-No, doubt, there are bad landlords, as there are bad men in all
-classes, but the interests of the landowner and those of the tenant
-are inseparably bound together; and the landlord is shrewd enough
-to see that it is to his own interest to improve the property if he
-can afford to do so.
-
-The old classic, with his insight into human nature, in _odimus
-quos læsimus_, shows that human nature has not altered, and it does
-not surprise me that you should hold up to execration the class you
-have so cruelly injured.
-
-You, my Free-trading Fanatic, have (thanks to Mill’s unfortunate
-sophisms and your leaders’ persistent misrepresentations) such a
-very hazy view about landowner’s rights and duties, that I think a
-few words on the subject may clear the atmosphere.
-
- (1.) Landed property is the capital of the landlord.
-
- (2.) Interest on capital is fair, reasonable, and consistent with
- general good.
-
- (3.) Rent is interest on the capital of the landlord.
-
- (4.) The landlord may sell[74] his land, invest the proceeds in
- any other way, and thus get interest on his capital.
-
- (5.) The tenant can get rid of rent, either:--
-
- (a) by borrowing money to buy land, in which case he has to pay
- interest on the loan;
-
- (b) by saving sufficient money to purchase land, in which case
- he might, instead of purchasing, invest the money, so that its
- interest would pay the rent.
-
- (6.) In any case the whole question of rent resolves itself into
- a question of capital, and interest thereon.
-
- (7.) Law, from time immemorial, has recognised the right of
- property in land.
-
- (8.) In most cases the owner has paid hard cash both for the land
- and for the improvements of it.
-
- (9.) Land is therefore actual capital just as much as money,
- coal, iron, cattle, or any other disposable commodity.
-
-It is absurd, therefore, to say, that a man possessing capital in
-land may not act in the same way as the owner of any other form of
-capital. (Of course he has his moral obligations, but those are
-applicable to the possession of any other form of capital.) If
-the tenant desires capital, he must work for it, or obtain it in
-some legal manner. If he get it in any other way, it is theft; and
-any legislation that transfers the capital of the landlord to the
-tenant without due compensation, is legalized theft.
-
-As regards absentee landlords, I admit it is desirable, on many
-grounds--on the ground of his own personal interest--to put it on
-the lowest ground, that he should not be absent; but if the life
-of the landlord and his family be at stake, is he to be blamed if
-he declines to take the risk of being boycotted or shot? You argue
-that _he does nothing for his money which he draws, and spends away
-from the place in which it has been produced_, thus impoverishing
-the district.
-
-Is he different in this respect from the capitalist who invests
-money in colonial or foreign funds, who does nothing for his money,
-and spends it away from the country in which it is produced? Is
-he different in this respect from the London banker, who lends
-money to the manufacturer in the provinces, or abroad? He does
-nothing for his money, but spends it away from the locality in
-which it has been produced. Would you argue on this ground, that
-the railway shareholder, the foreign bondholder, the London banker
-ought, in equity, to receive no interest on their money, and
-should be held up to public execration? If you place any value on
-the laws of political economy, which you are so fond of quoting,
-my Fanatical Friend, drop your absurd arguments about landlords.
-Land is a commodity to be bought, sold, improved by the capital
-of the landlord, and if you treat it otherwise, you violate every
-principle of sound political economy.
-
-Admitting that land is capital, and the landlord is the capitalist,
-what does Political Economy say?--
-
- “If a man has not wealth himself, but only his labour to sell,
- what is most to his advantage? Why, of course, that there should
- be as many rich men as possible to compete for his labour....
- Nothing can be more fatal than the _cry against capital_ so often
- unthinkingly uttered.... It would be impossible to conceive
- a _greater benefactor to his country_ than the one who would
- permanently reconcile the interests of masters and workmen, and
- _put an end to the internecine wars of capital and labour_.”[75]
-
-Verily! Friend Bright, the cry against the landlord is a “_cry
-against capital unthinkingly uttered_.” Verily thou encouragest the
-“_internecine wars of capital and labour_.” Verily thou art the
-reverse of a benefactor to thy country.
-
-The verdict of Political Economy condemns thee!!
-
-FOOTNOTES:
-
-[73]
-
- Total national income £1,247,000,000
- Total rent for land 58,000,000 (Mulhall, p. 7.)
- Percentage of rent to total income, 4⅔ per cent.
-
- No. Acres. Average acres per
- landowner.
- Large Landowners 34 6,211,000 183,000
- Medium ditto 841 3,156,000 3,760
- Small ditto 179,649 60,912,000 330
- ------- ---------- -------
- Total 180,524 70,279,000 390 (Mulhall’s Statistics,
- p. 266.)
-
-The acreage of large and medium landowners is, therefore, less than
-one-seventh of the total.
-
-[74] Or _could_ have sold it, until the iniquitous Land Bill was
-passed. For my own part, I would not, under any consideration,
-risk money in the investment of land under British rule, which has
-proved itself capable of legalizing plunder and breach of contract.
-
-[75] Macleod’s Economics, pp. 138-39.
-
-
-
-
-CHAPTER XX.
-
-PROSPEROUS ADVERSITY.
-
-
-One conclusion at which the Commission of 1882 arrived was, that
-the agricultural labourers were “never in a better position.”
-When, however, we analyze the evidence on which that conclusion
-was based, the case wears a very different aspect. The evidence
-of landlords, agents, and factors,--of those who have to pay the
-wages out of their struggle to make both ends meet,--is to the
-effect that the labourer is well enough off; but the evidence of
-the labourer himself--the recipient--gives rather a different
-version of the case. It is true that wages are higher than they
-were formerly: this naturally must follow the increase of wages in
-manufacturing districts; but the evidence of the labourer shows
-that these wages are insufficient to keep a family, or provide
-for bodily wants, to say nothing of sickness or loss of work;
-perquisites are being gradually taken away, and no compensation
-given; families are suffering severely; physique degenerating for
-want of sufficient food; articles of diet, such as cheese, bacon,
-eggs are much more expensive than before; the supply of milk, and
-especially of skimmed milk, formerly so plentiful and obtainable at
-nominal prices, is now at prohibitory rates. Water, with a little
-bread, sweetened with sugar, forms the general substitute for
-wholesome milk in rearing children.
-
-The recent census shows that although the population of England has
-increased 14½ per cent., there has been, in the purely agricultural
-districts, a decrease in the population,--a sure sign of want of
-prosperity. In all parts farms are badly cultivated, in a foul
-condition, or out of cultivation altogether; neither the landlord
-nor the tenant, have sufficient capital to make improvements.[76]
-A clergyman writes from a rural parish:--
-
- “I fear nothing will lessen the evil, the land of England will
- gradually go out of cultivation, and our villages will become
- impoverished and empty till the country is all urban, and the
- population effeminate and demoralized. Then may follow a great
- war, and disaster will ensue.”
-
-Emerson warned England of the fact that her--
-
- “Robust rural Saxon population had degenerated, in the mills, to
- the Leicester stockinger, and to the imbecile Manchester spinner
- far on the way to be spiders and needles.”[77]
-
-Why did a handful of undisciplined Boers beat our soldiers in the
-Transvaal? Simply because they are physically a finer set of men
-than our 5 ft. 3 in. army, rapidly degenerating for want of a
-healthy agricultural population for recruiting purposes.
-
-FOOTNOTES:
-
-[76] See _Fortnightly Review_, November, 1883.
-
-[77] Emerson--Traits, Chap. X.
-
-
-
-
-CHAPTER XXI.
-
-IRELAND UNDER THE WHEELS.
-
-
-I repeat the assertion that Ireland has been _ruined by Free Trade_.
-
-Let us take a brief retrospect of Ireland before the introduction
-of Free Trade.
-
-At the earlier part of this century Ireland showed great
-capabilities for improvement and national prosperity, and (in
-spite of the somewhat selfish policy of England, which did not
-sufficiently protect from herself the industries of Ireland) she
-gave undoubted signs of a steady but rapid advance in prosperity.
-Between the years 1825 and 1835, her exports and imports were more
-than doubled.
-
-Her population between 1821 and 1841 increased from 6,802,000 to
-8,196,000. That this population was not too great for the land,
-is proved by the fact that the whole resources of land were not
-utilized; moreover, her population was far smaller per square mile
-than the population of Holland or Belgium[78]--countries that enjoy
-a high state of prosperity. In the years of 1826 and 1835, the
-ratio of exports was as follows:--
-
- 1826. 1835.
- Oxen 1·0 to 1·7
- Pigs 1·0 ” 5·1
- Sheep 1·0 ” 2·0
- Butter 1·0 ” 1·7
- Wheat, oats, &c. 1·0 ” 1·9
-
-The county cess rose between 1825 and 1838 in the ratio of 1·0 to
-1·5.
-
-The transfers of invested funds from England to Ireland between
-the years 1832 and 1841 exceeded those from Ireland, to England by
-£1,840,000.
-
-Deposits in savings banks, in 1831 and 1841, were relatively in the
-proportion of 1·00 to 2·24. Crime and offences were diminishing.
-
-The Weavers Commission in 1840 reported as follows:--
-
- “The comparative prosperity enjoyed by that part of Ireland where
- tranquillity ordinarily prevails.--such as the Counties Down,
- Antrim, and Derry,--testify the _capabilities of Ireland to work
- out her own regeneration_, when freed of the disturbing causes
- which have so long impeded her progress in civilization and
- improvement.
-
- “We find there a population hardy, healthy, and _employed_;
- capital fast flowing into this district; new sources of
- employment daily developing themselves; and people well disposed
- alike to Government and to the institutions of the country, and
- not distrustful and jealous of their superiors.”
-
-In another place the Commission reports that the manufacturing
-industries of Ireland were doing well, and that--
-
- “The woollen trade in Ireland is in a more sound and healthy
- condition than it has ever been, and its yearly advance may be
- confidently expected.”
-
-There was an abundant supply of land for the increasing
-population--1,200,000 acres of land being capable of cultivation,
-besides upwards of 1,000,000 acres of bog land capable of
-reclamation at a cost of little more than £1 per acre.
-
-With such capabilities for advancement, nothing short of the most
-extraordinary prosperity ought to have followed the general advance
-of wealth in the civilised world, caused by the improvements in
-arts, sciences, machinery, steam, and electricity. But what do we
-find after thirty-six years of the curse of Free Trade? Land out
-of cultivation; farms abandoned; manufacturing industries extinct;
-population decreasing by more than three millions[79] in forty
-years. Anarchy, murder, assassination rampant. No doubt the Famine
-of 1847 and the subsequent emigration caused a large decrease in
-the population of Ireland, but disciples of the Malthusian theory
-would have told you that this was an element of prosperity. I
-do not hold this view, but any protectionist country would have
-rapidly recovered the blow, whilst Free Trade Ireland has since
-steadily decreased in population, and is sinking lower and lower
-into the Slough of Despond.
-
-You argue that “_rack-renting is the cause_.” Nonsense! The average
-rent of land in Ireland is only one-third of that which is paid
-in prosperous protectionist countries;[80] any rent at all will
-soon be a rack-rent. There is plenty of land in Ireland to be
-had at nominal rents, land that has gone out of cultivation; but
-Free Trade has taken away the possibility of its cultivation at
-a profit, even if it were rent-free. You urge absenteeism as the
-cause; it is the _effect_, not the cause. Moreover, only about
-one-sixth of the land is owned by absentees.
-
-Ireland is like a child crying out in the pangs of starvation,
-and you give it opiates in the shape of mischievous enactments
-(such as the Encumbered Estates Act and the Land Act) which
-only augment the evil. To use the words of a writer of the day:
-“_Your Statesmanship knows no policy but that of coercion to-day,
-concession to-morrow_.” Ireland cries in the pangs of hunger, you
-alternately beat and coax it.
-
-You propose wholesale emigration, which may be compared to bleeding
-the patient to death in order to cure it of starvation.
-
-_Fools!!_ Can’t you see it is dying of hunger? All it wants is
-food, work, and employment of its labour,--development of its
-resources.
-
-Take away your iniquitous policy of Free Trade,--abolish your
-unjust enactments, your legalised instruments of confiscation
-and plunder,--abandon your insane encouragement of internecine
-war between capital and labour,--desist from your suicidal
-encouragement to agitation and class antagonism,--encourage
-capitalists,--protect industries,--employ labour,--and you will
-soon find Ireland prosperous, contented, and loyal.
-
-The cry for Home Rule is a protest against your misrule.
-
-If you persist in your insane policy, Ireland must inevitably be
-depopulated either by starvation or by wholesale emigration.[81]
-
-FOOTNOTES:
-
-[78]
-
- Population in Ireland in 1841 256 per square mile.
- ” ” 1880 161 ” ”
- ” Belgium in ” 480 ” ”
- ” Holland in ” 312 ” ”
-
-[79]
-
- Population of Ireland in 1841 8,196,597
- ” ” ” 1881 5,174,836
- ---------
- Decrease 3,021,761
- ---------
-
-[80]
-
- _s._ _d._
- Average rent in Ireland 10 3 per acre.
- ” ” United Kingdom 19 9 ” ”
- ” ” France 30 0 ” ”
- ” ” Belgium 30 0 ” ”
- ” ” Holland 30 0 ” ”
-
-
-[81] I cannot think that, in a country where four millions of acres
-of valuable land are calling out pitifully for labour,--where
-thousands of families of agricultural habits and of laborious
-instincts are pleading for work and hungering for the tenancy
-of deserted farms,--where labour is becoming scarce,--where the
-population is deteriorating in quality by the continued exportation
-of its strongest and most promising elements; that, in such a
-country, and under such circumstances, Englishmen should resign
-themselves to accept the continued banishment of the flower of the
-population to a foreign land as the best and only means of meeting
-this great national difficulty. (E. Hart, _Fortnightly Review_,
-1883.)
-
-
-
-
-CHAPTER XXII.
-
-THE FINISHING STROKE.
-
-
-I have not the slightest doubt, that you will tell me that Ireland
-is _not ruined_, that she was never before in so satisfactory
-condition, and that you will bring forward ingeniously manipulated
-statistics to prove your case.
-
-You will tell me that the farms are larger,--that the farm stock is
-richer,--that the peasant proprietors who were a failure (contrary
-to Mr. Mill’s theories) are disappearing, and holdings are more
-consolidated; but, my Fanatical Friend, if Ireland be not ruined,
-what is the meaning of this frantic legislation, which many of its
-supporters can only excuse on the ground of expediency, not equity?
-How is it that, during the last thirty-two years, nearly 1,500,000
-acres have gone out of tillage and 677,000 acres have gone out of
-farming altogether?
-
-How is it that, during the last nine years, there has been a
-decrease of 1,000,000[82] live stock in Ireland, or nearly
-one-ninth of the total?
-
-How is it that, during one year, 114,327[83] acres of land in
-Ireland have gone out of farming, and that with a decreasing
-population, and that in spite of a better crop in 1880 than in 1879?
-
-What is the meaning of the increase of 18,000 paupers and 115,000
-emigrants in Ireland within the last three years?
-
-Mill would have told you that the extinction of peasant proprietors
-was a sign of retrogression; whether that be so or not, the
-crushing out of weaker industries is decidedly not a sign of
-prosperity.
-
-But now tell me, what would you think of the prosperity of an
-undertaking in which the original shareholders had been ruined and
-sold their shares at a greatly depreciated price; and this second
-set of shareholders again being ruined, again sold their shares
-at a still further depreciated price, whilst the third set of
-shareholders, obtaining their shares at this enormously depreciated
-value, were able to make some little show of temporary prosperity.
-Would any business-man call that a prosperous undertaking?
-
-Now this is precisely the case with Ireland. Under the Encumbered
-Estates Act, thousands were reduced to beggary,[84] and the new
-landlords were able to make a temporary show of prosperity on the
-ruin of their predecessors. When this was over, the still more
-iniquitous Land Act of 1881 was passed to complete the ruin of
-landlords.
-
-Mr. FitzGerald, of Dublin, states that there are more than 600
-cases before the Court, and that the Judges have, from time
-to time, adjourned the sales rather than consent to a “wanton
-sacrifice of property, for which there are no bidders.”
-
-Land, which one of the Judges declared to be worth thirty years’
-purchase, was sold for eleven years’ purchase, and the unfortunate
-owner was told “You must submit to the inevitable.”
-
-But this is not all; the Land Act of 1880 has put a stop to all
-possible improvement of land, for no reasonable man will expose
-himself to the risk of losing his money on improvements, because,
-notwithstanding any contract he may have made with his tenant,
-the Land Commission may step in and legalize a breach of the
-contract.[85]
-
-The typical landlords in Ireland, whom you hold up for public
-execration, are not rich noblemen; it would be better for Ireland
-if they were, but they are mostly men of the middle class,
-struggling hard to escape the pauperism your iniquitous legislation
-has brought upon them.
-
-Mr. Gladstone on one occasion said:--
-
- “If Great Britain has become a place where the majority can
- oppress the minority in this way, it has come to be a place of
- which I should say that the sooner we get out of it the better.”
-
-I repeat Mr. Gladstone’s sentiment with greater emphasis. If Mr.
-Gladstone, with his majority, are allowed to oppress the minority
-in this way, England is no longer the place for honest and loyal
-subjects.
-
-FOOTNOTES:
-
-[82] Total livestock in Ireland in 1874, 9,665,700; in 1883,
-8,667,000.
-
-[83] Decrease of acreage farmed in 1882--
-
- Cereal crops 20,356 acres.
- Green crops 21,072 ”
- Flax 33,643 ”
- Meadow and Clover 39,256 ”
- -------
- Total decrease 114,327 acres.
-
-_Statesman’s Yearbook_, 1883.
-
-[84] “It forced properties to a general auction, to be sold for
-whatever they would bring, at a time when _legislation had imposed
-new and unheard of burdens on landed property_. At a time of
-unprecedented depression in the value of land, it called a general
-auction of Irish estates. _English History records no more violent
-interference with vested interests_ than the provision by which
-this Statute forced the sale of a large portion of the landed
-property at a time no prudent man would have set up an acre to be
-sold by public competition.” (Tenant Right in Ireland, Butt, p.
-881.)
-
-“Estates that would have been well able to pay twice the
-encumbrances laid upon them, if property was at all near its
-ordinary level of value, now failed to realize enough to meet the
-mortgages, and the proprietors were devoted to ruin.... The tenants
-complain that they have gained little and lost much in the change
-from the old masters to the new.” (‘New Ireland,’ A. M. Sullivan,
-p. 88.)
-
-At the sale of Lord Gort’s property thirteen years’ purchase was
-the maximum; many lots were sold at five. Some portions of the
-property since resold have fetched twenty-five and twenty-seven
-years’ purchase.
-
-Excessive rack-renting has been attributed to sales under this
-iniquitous Encumbered Estates Act.
-
-“In those sales persons buy small portions of property; of course
-their interest is to get as large a return as they can, and they
-think of nothing but an increase of rent.” (_Minutes of Evidence,
-Lords Committee_, 1867.)
-
-[85] See Speech of Mr. W. H. Smith, M.P., Nov. 19, 1883, commencing
-“No country on the face of the earth has been so misunderstood and
-misgoverned as Ireland, &c.”
-
-
-
-
-CHAPTER XXIII.
-
-LITTLE GREATNESS.
-
-
-M. Merimée writes:--
-
- “That which strikes me most in the English politics of our own
- times, is its _littleness_. Everything in England is done with
- a view to keep place” (conserver les portefeuilles), “and they
- commit all possible faults in order to keep twenty or thirty
- doubtful votes. They only disquiet themselves about the present,
- and think nothing of the future.”
-
-Unfortunately the _littleness_ to which M. Merimée refers is not
-always attended with _little results_.
-
-In his anxiety to secure the Irish votes, Mr. Gladstone, by his
-notorious Midlothian speeches, directly encouraged Irish demagogues
-to agitate.
-
-His advice was followed, and the result has been, as every one
-expected, anarchy, murder, and assassination.[86]
-
-Froude, the historian, writing in 1880, clearly predicated it:--
-
- “Mr. Gladstone will not willingly allow himself to be foiled.
- Yet, if he perseveres, he may bring on the struggle so long
- foretold between democracy and the rights of property, and in a
- great empire like ours, with such enormous interests at stake, it
- is not difficult to foresee on which side the victory will be.
- However this may be, the apple of discord has been flung into
- Ireland, there to spread its poison.”[87]
-
-Let us charitably hope that the results of Mr. Gladstone’s advice
-to _agitate_ were not anticipated by him; but a man who will
-scatter sparks in a powder magazine cannot be held altogether
-guiltless of the results of the explosion that may ensue, whether
-he did it in ignorant folly or with culpable intent. Froude,
-alluding to the Midlothian speeches, says:--“No statesman who
-understood Ireland would ever have spoken of the ‘_Upas Tree_,’
-unless he was prepared to sanction a revolution.” Mr. Gladstone
-must, therefore, be held morally responsible for the blood
-guiltiness--for the atrocious crimes and murders that have
-disgraced Ireland; he has sown the wind, and he has reaped the
-whirlwind; he has sown agitation, and reaped dynamite; he has not
-only caused anarchy by his advice, but has encouraged it by the
-weakness of his policy.[88]
-
-An admirer of Mr. Gladstone writes in the _Westminster Review_,
-describing Mr. Parnell and his associates as “_indispensable_
-to the _success of Mr. Gladstone_!!” A fitting associate indeed
-in a work of legalized plunder is Mr. Parnell, whom Mr. Forster
-denounced in the House of Commons as the aider and abetter of
-assassins and murderers; who dared not stand up and answer the
-scathing denunciation, but slunk off to America like a whipped
-hound.
-
-FOOTNOTES:
-
-[86] Lord Beaconsfield, with great foresight, vainly warned us of
-the dangerous state of Ireland.
-
-[87] _Nineteenth Century_, September, 1880.
-
-[88] An admirer of Mr. Gladstone naively writes in the _Westminster
-Review_: “During the six years of Tory repression and Tory refusal
-of remedial measures, they were as mild as doves and comparatively
-silent in Parliament, because they knew that the Tories would
-strike with despotic severity and with exceptional laws; but from
-the moment the magnanimous and friendly Gladstone came into power
-... they excited the excitable Irish people to such a degree
-against this friendly Government, that there were perpetrated a
-long run of cruel and brutal outrages, &c.” (_Westminster Review_,
-October, 1883.)
-
-
-
-
-CHAPTER XXIV.
-
-BLUNDER AND PLUNDER.
-
-
-I have already shown the utter failure of the prophecies of your
-Free Trade Prophets, now let me show the failure of the prophecies
-of your Right Hon’ble Friends with regard to the Land Act of 1881,
-and ask if such lamentable want of discrimination is fitting in one
-pretending to be an administrator.
-
- _PROPHECY._ _FULFILMENT._
-
- Mr. Gladstone, in 1880, scouted Judge Flannagan, 1883:--
- the warning that there would “The rents are so well secured
- be no bidders for land, after the that the property ought to bring
- Land Act had been passed, and thirty years’ purchase.”
- he fixed the value of land at
- twenty-seven years’ purchase. The owner:--
- “Three years ago I could have
- sold the property for £1,775.”
-
- Judge Flannagan:--
- “You must submit to the
- inevitable. Is there no advance
- on eleven years’ purchase? This
- is the first estate I have had
- to sell on which the rents have
- been fixed by the Land Commission.
- I hoped to get twenty-five or
- thirty years’ purchase.” The land
- was sold for £875; according to
- Judge Flannagan’s valuation it
- was worth £2,386.
- Mr. Forster:--
- “My firm belief is, that no In 1840, the rents of Mr.
- damage can be proved. On the Usborn’s estate in Kerry
- other hand, if the landlord were amounted to £2,376 _punctually
- compensated, you would compensate paid_. The nearest railway
- him for conferring upon him station was then 150 miles
- a benefit.” distant. There is now a railway
- station on the property, the
- landlord has spent money on its
- improvement, and the “fair” (?)
- rent now fixed by the Land
- Commission is £1,893.
-
- Irish newspapers teem with
- Lord Selborne, 1880:-- similar instances.
- “I deny that it will diminish,
- in any degree whatever, the rights Judge Ormsby, 1883.
- of the landlord, or the value of
- the interest he possesses. I should The Judge then asked if there
- never agree to such a proposal.” was any advance on £2,200.
- Hansard, cclxiv. 252. Offers were given until £2,450
- was reached. Mr. O’Meara, on
- behalf of the estate, objected to
- the sale. In Chancery proceedings
- connected with the estate it
- was mentioned that £4,500 had
- been offered for this lot, and
- refused.
-
- Lord Carlingford, 1880:-- Judge Ormsby:--
- “I maintain that the provisions “No one could foresee what
- of the Bill will cause the would subsequently occur to
- landlord no money-loss whatever.” depreciate the value of the
- property. _I cannot adjourn for
- a third time._”
-
- Mr. Gladstone, 1880:-- Mr. Fitzgerald, of Dublin,
- “I certainly would be very slow states, that the Judges have
- to deny that when confiscation adjourned sales from time to time
- could be proved compensation rather than consent to a wanton
- ought to follow.” sacrifice of property, and there
- are “600 estates in the Court
- waiting for sale, and for these
- hardly a bidder.”
-
-Again I ask your verdict of guilty or not guilty? Are your Right
-Hon’ble Rulers either incompetent or dishonest, to have made such
-prophesies? It was not for want of warning that they have blundered
-so hopelessly. The whole country rang with warnings[89] that the
-measure was one of confiscation. Even Mr. Parnell predicted it,
-telling his hearers that there would be no buyers, and the tenants
-would have “an opportunity of purchasing their holdings under the
-Bright Clause.”
-
-The whole measure is one which commenced by breach of faith and
-ended in confiscation.[90]
-
-Mr. James Lowther, M.P., has been blamed for saying, that “loyal
-subjects have been deliberately plundered by the Land Act.”
-
-Let us see how the political economist defines “plunder:”
-
- “When a portion of wealth passes out of the hands of him who has
- acquired it without his consent and without compensation, whether
- by force or artifice, to him who has not created it, I say that
- property is violated, that _plunder is perpetrated_.... If the
- law itself performs the action it ought to repress, I say that
- _plunder is still perpetrated_, and even in a social point of
- view, _under aggravated circumstances_.”[91]
-
-Now tell me, my Friend, how do the instances I have given above
-differ from legalized PLUNDER as defined by Bastiat?
-
-When Judge Flannagan says, “you must submit to the inevitable,” he
-says, in fact, “_you must submit to be legally plundered_.”
-
-When Judge Ormsby says “no one could foresee what would occur,” he
-says in fact, “no one could foresee that the law would become an
-instrument of _plunder_.”
-
-No one could foresee it? Why, every one with common sense could
-foresee it--every one but those wilfully blind. An admirer of Mr.
-Gladstone naively writes in the _Westminster Review_ respecting the
-Land Act:--
-
- “The people of the United States would not have tolerated such
- an interference with the laws of contract as it involved. No
- member of Congress could be found who would propose anything so
- _indefensible_ from the American point of view.”[92]
-
-And he might have added _indefensible from every point of view_.
-
-Froude, the historian, says:
-
- “It was England which introduced landowning and landlords into
- Ireland as an expedient for ruling it. If we choose now to remove
- the landlords or divide their property with their tenants, we
- must do it from our own resources; we have no right to make the
- landlords pay for the vagaries of our own idolatries.”[93]
-
-FOOTNOTES:
-
-[89] See Appendix No. II, in which is a resumé of the unheeded
-warnings, drawn up in 1880, from the arguments brought against
-the Bill. Any one not blinded by party prejudices, who read those
-arguments, could not fail to see that the Bill must be a measure of
-confiscation; and the subsequent action of the Bill shows that the
-forebodings have been verified.
-
-[90] Froude, the historian, writing in 1880, says:--“The policy has
-been to make the property of the landlords worthless, and their
-possession so dangerous, that they would find their estates not
-worth keeping.”
-
-[91] ‘Political Economy’--Bastiat.
-
-[92] _Westminster Review_, October, 1883.
-
-[93] _Nineteenth Century_, September, 1880.
-
-
-
-
-CHAPTER XXV.
-
-DEAR CHEAP FOOD.
-
-
-Don’t you see, what a fallacy underlies your cry for cheap bread.
-Does the consumer eat nothing but bread? Is everything to be
-sacrificed to the consumer? Don’t you see that cheap bread is not
-all that is necessary to prosperity.
-
-Have not you seen that, during one year of greatest prosperity, the
-price of wheat rose to 58_s._ 8_d._ per quarter, far higher than
-it was in ten years, 1831-40, before the repeal of the Corn Laws,
-whilst during the present time of depression it is down to 41_s._
-5_d._, and that, in 1835, before the repeal of the Corn Laws, it
-was down to 39_s._ 4_d._[94]
-
-Cannot you see that cheap food is dear if the causes of its
-cheapness deprive the labourer of that employment which enables him
-to purchase it? Cannot you see that, although a healthy competition
-stimulates production, a crushing competition in the end causes the
-rise of prices by the lessening of production?
-
-Do you not know that, in the opinion of many political economists,
-dear food has been considered a cause of progress and prosperity
-to a nation, by stimulating its inhabitants to exertion and
-thrift,--notably so in the case of Holland?
-
-Do you not know that, in many countries, where food is cheap, the
-natives are degraded and wretched?
-
-Cannot you see that the revenue of the country must be raised in
-some manner, and if a tax be put on corn, it may be _taken off
-some other article_ of consumption, almost equally important? and
-therefore that, if the substitute be judiciously chosen, the tax on
-it comes back to the consumer in some shape or other? Do you not
-know that an import tax does not always fall on the consumer?[95]
-
-Cannot you see that the want of a _light_ tax on corn (I do not
-defend the Corn Laws as they existed, for they imposed an excessive
-tax) has ruined agriculture, and you are preparing for yourself a
-serious difficulty? In case of war with any combination of strong
-maritime powers[96] wheat will rise to famine rates.
-
-Don’t you see that if we transferred a small portion of the tax on
-tea, sugar, coffee, &c., giving a preference to our dependencies
-in the case of wheat, we should not only encourage our home,
-but also our colonial, industries, which are trembling in the
-balance between existence and nonexistence for want of some slight
-fostering care.
-
-You are like Nero fiddling while Rome was burning. You are fiddling
-with your Free Trade, whilst England is going to ruin.
-
-How can it be otherwise? Unlimited foreign competition must
-necessarily end in disaster. Don’t you see that you are
-handicapping your people in every way. They have higher wages than
-other nations. You tax them more heavily, and you pass enactments
-to prevent their working long hours. You thereby place them at a
-disadvantage with people who are thrifty and industrious and are
-not restricted in their hours of work. The same amount of money now
-buys only half the labour it did forty years ago, this increases
-the cost of production. Competition forces your manufacturers to
-work only three or four days a week. This again increases it.
-Increased leisure gives opportunities for intemperance. This again
-has a deteriorating effect on produce. Your best hands emigrate to
-prosperous countries not cursed with free trade,--another cause
-of deterioration in quality of manufactures. The cheap freights,
-almost nominal, place foreign productions in England at prices very
-little beyond that at which they can be produced in their native
-country.
-
-The money spent on foreign produce, instead of being spent in
-England, is so much capital taken away from this country, helping
-foreigners to compete with you. You have, in fact, in Free Trade,
-the most ingeniously devised plan of impoverishing the country.
-We had a good start, and other countries have been a long time
-in catching us up, so that we did not feel their competition at
-first, but they are now passing us hand over hand. English pluck,
-English capital, and English credit have until now stood the strain
-bravely, and the general advance of the wealth of the world has
-blinded our eyes to our real danger, but the struggle cannot last
-much longer. Capital is draining out to protectionist countries
-in all directions, but the amount at stake in our manufactories
-is so enormous that the struggle must be continued at any risk.
-Credit alone sustains the fabric, and as soon as that is thoroughly
-shaken, the collapse will be terrible and sudden. The working
-classes, so long as they receive higher wages than before, are
-unable to see the danger, but when the collapse comes--and come it
-surely will before long--the working classes will be the first to
-demand protection. There are symptoms of it already, for Sir Edward
-Sullivan has stated:--
-
- “Already a number of operatives, far more than is necessary to
- turn a general election, have, through their delegates, given in
- their adherence to Fair Trade.”[97]
-
-FOOTNOTES:
-
-[94] Average price of corn for ten years ending 1845 = 57_s._ 10_d._
-
-[95] Taxes on commodities do not always fall on consumers, but
-sometimes on producers, and sometimes on the intermediate agent.
-When a duty is imposed on a foreign commodity, which the importing
-country has facilities for producing at home, in ordinary cases
-the duty falls, in the first instance, on the consumer; but when
-the duty has the effect of increasing competition, the tendency is
-to a reduction in price, and therefore to the ultimate benefit of
-the consumers. As the duty equalizes the conditions of production
-between the local and foreign producers, it enables an entirely
-new class of competitors to enter the field,--namely, the local
-producers; and as the circle of competition becomes extended, the
-rivalry among producers becomes keener, and prices become lower;
-for competition inevitably leads to this when it is genuine and
-not a monopoly in disguise, as is often the case. If the duty
-fails to increase competition, it goes direct into the treasury as
-revenue; if it fails partially as a revenue tax, owing to the local
-producer contributing part of the supply, and paying no duty, the
-competition between the local and foreign producers will cause a
-reduction in price to the consumer, so that the falling off in the
-revenue will in some measure be compensated for. If the revenue
-from duty fail altogether, owing to the local article taking the
-place of the imported and duty-paying article, a three-fold benefit
-will be secured. The consumer will gain by a reduction in the price
-of commodities; the public will gain by increased employment of
-labour and capital; and, lastly, the State will gain by increased
-revenue from the additional number of revenue-producing population,
-supported by the new industry. (David Syme. _Fortnightly Review_,
-April, 1873.)
-
-So with the English shipping dues, which, as a matter of fact, are
-not paid by the merchants or consumers, but by the shipowners.
-
-In answer to a deputation which waited on the Chancellor of the
-Exchequer recently, Mr. Lowe, _adopting the popular view on the
-question_, attempted to explain that the shipowners did not pay
-the dues out of their own pockets, that they only advanced the
-money to the merchant, that the merchant again indemnified himself
-by raising the price of goods to the consumer. But it appeared
-that in this particular case _Mr. Lowe’s theory did not square
-with the facts_, as the deputation, which consisted of the leading
-shipowners in England, positively assured him that no such transfer
-took place.
-
-A tax may, under certain conditions, have the very opposite effect
-from that which it usually has, for instead of increasing the price
-of a commodity it may have the effect of diminishing it. (This has
-been the case with cotton in America, as shewn by the evidence
-given before the Select Committee of the House of Commons, in
-1840.) (_Fortnightly Review_, 1873.)
-
-[96] Competent authorities state, that the French navy alone will
-be far more powerful than that of England, when the ships now in
-course of construction have been completed, and the French navy can
-be much more concentrated than ours, which must be distributed over
-the whole world.
-
-[97] _The Mail_, Decr. 19th, 1883.
-
-
-
-
-CHAPTER XXVI.
-
-THE PAGODA TREE.
-
-
-What has become of the Pagoda tree? Is it a myth? Did it ever exist?
-
-These are questions which you must have heard over and over again.
-
-Have you ever tried to answer them? No!
-
-Well! let me do so.
-
-The Pagoda tree is _no myth_. It exists, but in a deplorably
-dilapidated condition, and bears but little fruit. Your car of
-Jugernāth has crushed its roots; your wheels have excoriated its
-bark; you have torn down its branches to cremate your victims.
-You have denied it water and manure. Its vitality has been sadly
-lowered, but it is not _quite_ dead.
-
-Only smash your detestable car of Jugernāth; send your false
-prophets adrift; and devote a little attention to the cultivation
-of the Pagoda tree; and it will flourish and bear more fruit than
-it has ever borne before.
-
-Let us drop metaphor a little.
-
-India has every requisite for the production of unbounded
-wealth--for the employment of untold capital. How is it then that,
-with all the advantages it possesses, its industries languish and
-struggle for bare existence, and in many cases die out altogether?
-How is it that, with all its material advantages, it does not
-enjoy unbounded prosperity? I have no doubt that you will point
-to the increased exports and imports of India, and claim this as
-an instance of unbounded prosperity due to Free Trade. I contend
-that it is wholly due to extension in railways, improvement in
-facilities of transport, and that with these improvements its
-prosperity ought to have been enormous. If it be prosperous, why
-do we have essays on the Poverty of India?[98] Why do Viceroys
-dwell on the subject of its poverty?[99] Why do its industries
-languish and die out?
-
-India has untold wealth, and wonderful natural resources, whether
-agricultural, mineral, or industrial, but they are to a great
-extent dormant.
-
-It has coal of an excellent character, and inexhaustible in
-quantity; it has fine petroleum, large supplies of timber and
-charcoal; it has iron, of a purity that would make an English
-iron-master’s mouth water, spread wholesale all over the
-country,--in most places to be had by light quarrying or collection
-from the surface; it has chrome iron capable of making the
-finest Damascus blades; manganiferous ore; splendid hematites in
-profusion. It has gold, silver, antimony, tin, copper, plumbago,
-lime, kaolin, gypsum, precious stones, asbestos. Soft wheat,
-equal to the finest Australian; hard wheat, equal to the finest
-kabanka.[100] It has food grains of every description: oilseeds,
-tobacco, tea, coffee, cocoa, sugar, spices, lac, dyes, cotton,
-jute, hemp, flax, coir, fibres of every description; in fact,
-products too numerous to mention. Its inhabitants are frugal,
-thrifty, industrious, capable of great physical exertion, docile,
-easily taught, skilful in any work requiring delicate manipulation.
-Labour is absurdly cheap; the soil for the most part wonderfully
-productive, and capable of producing crop after crop without any
-symptoms of exhaustion.
-
-The present yield of wheat is about 26,500,000 quarters, or about
-9,500,000 quarters in excess of the total imports of wheat into
-England; and in the Punjab alone there is cultivable waste land
-sufficient to produce 12,000,000 quarters, besides enormous parts
-in Burmah and other parts of India, only requiring irrigation or
-population to bring them under the plough.[101]
-
-England imports annually commodities to the value of about
-£148,500,000 under six heads alone,[102] a large portion of which
-might be diverted to India by simply adopting a preferential
-tariff slightly favorable to her dependencies. Take, for example,
-wheat. If England be determined to persist in the endeavour to
-ruin its agricultural industry for a political whim, a slight tax
-on American and Russian wheat would suffice to turn the whole of
-the wheat import trade to India and Australia. Such a tax would,
-I believe, tend to lower, rather than raise, the price of wheat,
-because India would steadily go in for the production of wheat,
-if its calculations were not liable to be disturbed by a slight
-fall in the price of wheat in America or Russia, which may throw
-back a quantity of wheat on the hands of the Indian producers or
-dealers.[103]
-
-Again, India suffers from a tax which prevents the export of rice
-except on a tariff which is sometimes as high as 14½ per cent. on
-the value of the rice. This not only handicaps India in its exports
-when compared with other countries, but it drives the natives to
-grow less remunerative crops of oilseeds for export, and the result
-of this is that, when famine arises, there is no surplus food which
-might be retained from exports, and thus prevent the painful scenes
-of starvation and distress that India has witnessed of late years.
-To take off the tax would prevent depletion, for no foreign country
-could compete with the demand which failure of crops in any part of
-India would inevitably cause.
-
-There is about £32,000,000 of English capital invested in Indian
-manufacturing industries, of which £18,000,000, or more than
-one-half, is invested in indigo, tea, coffee, jute, cotton, sugar,
-coal and iron industries, and how are these thriving? Everywhere
-throughout Bengal you see the ruins of English Indigo factories.
-
-Coffee and tea are struggling hard for existence. Planters are
-ruined, and their estates bought at depreciated rates in times
-of depression. This enables the industries to survive with some
-show of prosperity in good times. Agricultural industries, such as
-coffee or tea, draw off surplus population, and employ them on land
-that would otherwise be uncultivated. Coal is doing fairly, but
-not nearly so well as it might do if our manufacturing industries
-prospered.
-
-Cotton manufacture sprung up under a protective tariff, and
-appeared to be prospering; but selfish Manchester called aloud
-for the sacrifice of the industry. The tariff was removed, and
-the industry is left to struggle for life, or perish, as it may.
-Several capitalists who have embarked capital in cotton manufacture
-on the faith of this tariff, have lost their money. Everywhere in
-India, you may see evidences of native iron manufacture crushed out
-by Free Trade, with nothing but slag heaps remaining to testify
-to former prosperity. The splendid native iron being superseded
-by cheap worthless iron of English manufacture. Many attempts
-have been made by English capitalists to revive, or start, fresh
-iron industries, but they have one and all been crushed out
-for want of a little fostering protection. The latest attempt
-nearly succeeded, but the modest request for a little help was
-sternly refused:--What!!! Foster your industry? What sacrilege
-to advocate the violation of every principle of Jugernāth!!!
-and so the helpless babe was thrown under the relentless wheels
-of Jugernāth. There was a crunch,--a faint moan from the ruined
-shareholders,--and then all was over. Hurrah for Jugernāth!! Pereat
-India!!!
-
-FOOTNOTES:
-
-[98] “India is suffering seriously in several ways, and is sinking
-in poverty.” (Poverty of India, by Dadabhai Naoreji.)
-
-[99] “India is, on the whole, a very poor country: the mass of the
-population enjoy only a scanty subsistence.” (Lord Lawrence, 1864.)
-
-“I admit the comparative poverty of this country as compared with
-many other countries of the same magnitude and importance, and I am
-convinced of the impolicy and injustice of imposing burdens on this
-people which may be called crushing or oppressive.” (Lord Mayo,
-March, 1871.)
-
-“It is not too much to say that the very existence of our rule in
-India may be gravely imperilled unless the finances of the country
-are placed in a more satisfactory position.” (Professor Fawcett,
-Feb., 1879.)
-
-“The first thing to do is to point out well that frequent
-iteration, which alone impresses political masses, that India is
-of no real use at all to us, that we should be _richer_, stronger,
-better, happier without it, that we are cramped, distracted, and
-_impoverished_ by it.” (Why keep India? by Grant Allen.)
-
-[100] Dr. Watson’s Report.
-
-[101] Government of India Records. Home Agriculture, and Revenue
-Department, clx. p. 16.
-
-[102]
-
- Cotton 37,300,000
- Silk 2,400,000
- Grain 66,800,000
- Flax 8,700,000
- Sugar 22,400,000
- Tea 10,900,000
- -----------
- 148,500,000
-
-[103] “With a more certain market for wheat, it would, in many
-districts” (of Australia), “be profitable to bore for or to
-store water and open railways or make rivers navigable, and thus
-enormously increase the area of profitable wheat production.” (Duke
-of Manchester, _Nineteenth Century_, 1881.)
-
-
-
-
-CHAPTER XXVII.
-
- I know a maiden fair to see. Take care!
- Trust her not, she is fooling thee. Beware!!
-
-
-Fair Trade! Reciprocity! Retaliation! Such are the cries that have
-been raised by those who have felt the evils of Free Trade, without
-fully realising the mischievous principle involved in it.
-
-England, _with its dependencies, if properly governed_, might be
-independent of foreign nations for its trade, commerce, markets and
-productions.
-
-“Retaliation” is an action at once undignified, inexpedient and
-unjust.
-
-Are we to injure ourselves by the imposition of protective tariffs,
-which are mischievous when unnecessary, and to attempt to injure
-our neighbour, because he declines to imitate our folly in ruining
-ourselves for an economic “ignis fatuus?”
-
-The only true and statesmanlike policy of a great nation like
-England is to pursue the even tenor of her way, governing the
-empire with its dependencies _as one vast country_, the interests
-of any one portion of which should be considered inseparable from
-those of the whole;--protecting jealously every industry; seeking
-every possible means of employing the labour and developing the
-resources of _all_;--fostering every industry when it needs
-fostering, and releasing the fostering care as soon as such care is
-seen to be unnecessary; protecting only to the extent that may be
-needed to prevent the decay of an existing industry, or to enable
-a new industry to spring up; the primary aim being to utilise the
-labour and produce of _the whole_, and to ensure a market for the
-produce in our own great United Empire.
-
-With our enormous territory, two-half times as great as that of
-America,--with our enormous capabilities and varied productions, we
-ought, if governed rightly, to be able to secure this; and holding
-such an immense area of territory we should have no want of healthy
-competition without _calling_ in foreign nations to compete with us.
-
-We have within our grasp an imperial policy which would enable
-us to outstrip America in a far greater degree than she is now
-outstripping us.
-
-By an _imperial_ policy I do not mean that narrow insular policy
-which takes all it can from its dependencies, and gives nothing in
-return;--I do not mean that selfish policy which drove America to
-separate from us, and which is now disgusting our Colonies, and
-forcing them to federation--the first step towards separation.
-
-I mean a generous enlightened policy, which considers the welfare
-and prosperity of each and every dependency identical with its own.
-
-We want the federation of _union with England_, not the federation
-of _separation from her_. But where are we to look for such a
-policy, surely not to the littleness described by M. Merimée, which
-“_commits all possible faults to keep a few doubtful votes_--the
-policy that _disquiets itself about the present, and thinks nothing
-of the future_,”--not to the politicians who put party before
-nation,--not to the petty caucuses of those economic charlatans who
-have impoverished the empire. We want an extension of franchise,
-but not _mob franchise_ such as Chamberlain and his crew propose.
-We want extension of franchise to India and the Colonies. We want,
-in the House of Commons, representatives of the interests of
-England’s dependencies. We want practical, far-seeing, intelligent
-men--those who have seen the world in its different aspects, and
-know, by experience, its wants; not mere “globe-trotters” and
-travelling M.P.s, who return to their country more ignorant and
-puffed up with their partial knowledge than when they started; but
-representative men who have lived out of England long enough to
-have shaken off the idea that their “Little Pedlington,”--be it
-London or Liverpool, or Manchester or Birmingham,--is the pivot on
-which the world revolves. We want in fact an Imperial Parliament,
-not a wretched caucus of narrow-minded party politicians, whose
-view is limited to the horizon of the coming election, and whose
-whole business in life is to stump the country, making flatulent
-speeches, with exuberant verbosity, to gaping admirers, and
-pandering to the fleeting popularity of the mob.[104]
-
-FOOTNOTE:
-
-[104] The old colonial system is gone. But in place of it no clear
-and reasoned system has been adopted. The wrong theory is given
-up, but what is the right theory?--There is only one alternative.
-If the colonies are not in the old phrase, possessions of England,
-then they must be a part of England; and we must adopt this view in
-earnest.
-
-We must cease altogether to say that England is an island off the
-north western coast of Europe, that it has an area of 120,000
-square miles and a population of thirty odd millions.
-
-We must cease to think that emigrants when they go to the colonies,
-leave England or are lost to England. We must cease to think that
-the history of England is the history of the Parliament that sits
-at Westminster, _and that the affairs that are not discussed there
-cannot belong to English history_.
-
-When we have accustomed ourselves to contemplate the whole Empire
-together, and call it all England, we shall see that here too is a
-United States.
-
-Here too is a great, homogeneous people, one in blood, language,
-religion and laws, but disposed over a boundless space. We shall
-see that though it is held together by strong moral ties, it has
-little that can be called a constitution; no system that seems
-capable of resisting any severe shock. But if we are disposed
-to doubt whether any system can be devised capable of holding
-together communities so distant from each other, then is the time
-to recollect the history of the United States of America. For they
-have such a system. They have solved this problem. They have shown
-that in the present age of the world political unions may exist on
-a vaster scale than was possible in former times.
-
-No doubt our problem has difficulties of its own, immense
-difficulties. But the _greatest of these difficulties is one which
-we make ourselves_.
-
-It is the false preconception which we bring to the question,
-that the problem is insoluble, that no such thing ever was done
-or ever will be done; it is our misinterpretation of the American
-Revolution. (Expansion of England, by J. R. Seely, M.A., p. 158.)
-
-
-
-
-APPENDIX No. I.
-
-DISCOURTESY _versus_ ARGUMENT.
-
-
-FREE TRADE _vs._ FAIR TRADE.
-
-_Mr. Blood’s Letter to Mr. Bright._
-
-
- 32, CHARLOTTE STREET, BIRMINGHAM.
-
-DEAR SIR,--The Birmingham newspapers have recently published a
-letter written to you by Mr. W. G. Lord, of Bradford, on the
-subject of Free Trade. The letter is somewhat brief, and it struck
-me that, though you might not feel called upon to enter into
-correspondence on such subjects with persons who are not your
-constituents, possibly you might feel more disposed to discuss the
-question with an Elector of Birmingham.
-
-You say, to imagine that the bad trade from which Bradford is
-suffering is due to hostile tariffs, is absurd; and then, as
-though in your opinion it was an unanswerable objection to those
-who contend that hostile tariffs have a great deal to do with it,
-you add, “_because you have had great prosperity with the same
-tariffs_.” Now, I venture to submit that this is no argument at
-all,--that it is merely a statement based upon false conclusions.
-You are, or at least you ought to be, aware, that the circumstances
-under which the trade of this country is carried on have entirely
-changed during recent years. At the period when, as you say, we
-“enjoyed great prosperity with the same tariffs,” the foreign
-nations, which now exclude our manufactures from their markets,
-were not sufficiently advanced to do without our assistance.
-Whether they liked it or not, they were compelled to buy of us
-largely, and, therefore, comparatively speaking, their tariffs
-were harmless. Now they can not only dispense with the bulk of
-our manufactured goods, but, in many branches of industry, can
-also compete with our manufacturers in our own markets. Hence,
-hostile tariffs, which were once of little moment, have become
-serious, and if you look at the question from this point of view,
-you will probably see that absurdity is not with those who cry out
-against the hardships of foreign tariffs, but with those who, like
-yourself, shut their eyes to the changes going on around them,
-and blindly adhere to an old system after it has become obsolete
-and absolutely mischievous. You cannot be unaware that, since
-the great Exhibition of 1851, the commercial relations of this
-country with other nations of the world have undergone an entire
-change for the worse. Then it did seem as though England was to
-become the “workshop of the world,” as the apostles of Free Trade
-predicted she would be. But at that Exhibition the manufacturers
-of Europe and America were invited to inspect our machinery, were
-shown all the intricacies of its mechanism, and made familiar
-with the secrets of our manufactures. Among our visitors at that
-period were experts, whose eyes were open wherever they went, and
-who have since made good use of the information obtained. With
-equal good nature--or shall I call it folly--we have sent our
-machinery abroad, and skilled workmen to work it, without any
-regard to consequences, and hence foreigners, who but for the
-open-hearted candid nature of John Bull, would still have been in
-the background, are now fully ahead of us in a great many branches
-of manufacturing and commercial enterprise. Unprejudiced persons
-cannot fail to see that arguments based on a state of things which
-existed thirty or forty years ago, have no force, now that state of
-things has passed away; and your contention that hostile tariffs
-have nothing to do with our commercial depression, because under
-the same tariffs we enjoyed prosperity years ago, falls to the
-ground. On the contrary, unless our prosperity is to still further
-decline, it becomes a matter of vital necessity that in those
-manufactures in which England can still keep the lead, she shall
-have the same privileges as she ungrudgingly gives to others; or
-that we should be protected in our markets from those who refuse us
-admission to theirs.
-
-You go on to say “to suppose your case will be improved by refusing
-to buy what you want from foreigners, to punish them for not buying
-freely from you, is an idea and scheme only worthy of the inmates
-of a lunatic asylum.” But, if you seriously believe this statement,
-you must believe also that the astute, far-seeing citizen of the
-United States,--the plodding, theorizing German,--the thrifty and
-ingenious Frenchman,--and the hard-headed, practical Russian,--the
-intelligent Italian,--and even the hard-working Swede and
-Norwegian, are all lunatics. Are you prepared, seriously, to assert
-this as your belief? The fact is, you adopt an ingenious way of
-misstating a principle. No one thinks of refusing to buy from the
-foreigner when it is to our interest to do so. In our commercial
-relations one with another, it is usual for every man to buy from
-one who will probably become a return purchaser, or to put it in
-plainer language, each man supports the person who will be most
-likely to support him in return. But in buying from the foreigner,
-we are buying from the man who will never buy from us if he can
-possibly help it, and leaving those who would be our customers in
-return to starve.
-
-Again, you say, that “to return to Protection under the name of
-Reciprocity, is to confess to the Protectionists abroad that we
-have been wrong, and that they are right.” But the fact is, no such
-confession is necessary. The Protectionist abroad knows _too well_
-that he is right, without any confession on our part. The vast
-progress of the United States, the immense strides they have made
-in commerce, manufactures, and wealth--strides so vast that our own
-progress, even at its greatest, is insignificant--will convince
-every intelligent American that the principle of protection to
-native industry is, under many circumstances, wholesome and
-necessary. The same may be said of France, which has made even
-greater progress in some particulars than ourselves; and of
-Russia, which, under protection, seems likely to come to the fore.
-
-Again, you ask, “Who dares to propose another _sliding scale or
-fixed duty on the import of foreign corn_?” Are you not aware that
-even amongst your own constituents there is a large party who have
-the courage to do this? You take it for granted that good seasons
-would enable agriculturists to carry on their avocation with
-profit. But many persons who have the best practical acquaintance
-with the subject think differently. If, in the result, they should
-prove to be right, are you prepared to see the bulk of the land of
-the country go out of cultivation rather than impose a duty on the
-import of foreign corn? With agriculture ruined, and its capital
-absolutely gone, what would become of our home trade? But the fact
-is, we don’t want any foreign corn at all. Our Colonists, who could
-be induced to trade with us on reciprocal terms, could supply us
-with all the corn we want, even though not one single quarter of
-foreign grain found a place in our markets. The result might be a
-very trivial rise in the price of bread-stuffs for a few years, but
-I venture to submit that the disadvantage of this rise would be
-more than counterbalanced by larger revenues from imports, which
-would result in reduced direct taxation, not only to the farmer,
-but to all classes, and by the increased occupation for the artisan
-and labourer, which would result from the extension of our Colonial
-markets, and from keeping our home trade to ourselves.
-
-As this is a question which, at the present time, is agitating the
-public mind, and every one is looking for some practical solution
-of existing difficulties, I shall be glad to have your opinion on
-the views expressed in this letter. Your previous communication has
-been widely circulated through the Press, and, therefore, I purpose
-in due course, to publish this letter also, together with any reply
-with which you may favour me.
-
- Yours faithfully,
- FREDERICK BLOOD.
-
-
-_Mr. Bright’s Reply._
-
- DUCHY OF LANCASTER OFFICE, LONDON, W.C.
-
-SIR,--Mr. Bright desires me to acknowledge the receipt of your
-letter of the 27th instant.
-
-In reply, Mr. Bright directs me to say that he has neither time nor
-inclination to enter into a correspondence with a gentleman who
-believes that we need no supplies of corn from foreign countries,
-and who would impose duties on its importation. He fears that no
-facts and no arguments can be placed before such a person with any
-advantage.
-
- I am, sir, Your obedient servant,
- BARRINGTON SIMEON.
-
- FREDERICK BLOOD, ESQ.,
- _32, Charlotte Street,_
- _Birmingham_.
-
-
-_Mr. Blood’s Reply to Mr. Bright._
-
- 32, CHARLOTTE STREET, BIRMINGHAM.
-
-SIR,--I am in receipt of your reply to my previous communication on
-the Subject of Free Imports. You decline to discuss the question,
-and in adopting this course, possibly you act wisely. There is so
-very little to be said from your point of view in favour of our
-existing system, that I can understand your reluctance to state
-your case fully. Whether dignified silence would not have been
-preferable to the uncourteous and dogmatic assertions in which you
-take refuge, is another matter. You seem surprised that any one
-should believe in the possibility of our doing without “Foreign”
-wheat, but is your surprise real or feigned? Do you wish to mislead
-the public by inducing it to attach a wrong meaning to the word
-“foreign?” You know the meaning I attach to it, and you know
-further that my statement was absolutely true, and that it has
-often been made in public by persons who have a greater claim to a
-hearing on this subject than yourself.
-
-I stated, that our Colonies and Dependencies could supply us with
-all the wheat we require, and that we could do without any foreign
-supply. Do you doubt this statement? If so, the doubt is scarcely
-creditable to your intelligence, or to your industry in making
-yourself acquainted with the facts. You may fix yourself on the
-horns of which ever dilemma you please, but the public will hold
-you guilty of a want of information, which is unpardonable, or
-else of a desire to mislead. Happily, our Colonies are not foreign
-powers, however much the policy of the government of which you are
-a member has recently tended to drive them to become such. Hence
-my statement holds good. I can only imagine that you presumed
-upon the scanty information of many of your constituents as to
-the difference in the meaning of the two words “Foreign” and
-“Colonial,” and trusted to throw dust in their eyes by this means.
-If your opinions require to be supported in this dishonourable
-manner, I can only say that they are manifestly unsound, and the
-sooner they are renounced the better for your political reputation.
-The position you hold in Her Majesty’s Government, although a
-lucrative one, is generally regarded as a sinecure, and, therefore,
-I fail to see how you can plead want of time as an excuse for
-writing a discourteous and contemptuous letter to one of your
-constituents, who wrote you in perfect good faith. But I shall
-leave it to public opinion to judge as to whether such conduct is
-worthy of the prefix of “Right Honourable” which is now generally
-attached to your name.
-
-It is scarcely necessary to add that no one proposes to tax the
-imports of Colonial wheat to the same extent as that of foreign
-growth, and for this reason; the Colonists are willing to adopt a
-differential duty,--that is, to trade with us on something like
-reciprocal terms. The foreigner will take no steps towards meeting
-us fairly; hence the difference between the two cases is apparent
-at once. Supposing a duty of 20 per cent. were imposed on Foreign,
-and 10 per cent. on Colonial, wheat, it is well known that this
-would not increase the price of the four-pound loaf more than a
-half-penny. To an average working man’s family this would not
-enhance the cost of living more than fourpence a week, and as it
-can easily be shown that increased employment for labour would
-follow on the judicious adoption of import duties, the working
-classes would be large gainers, especially as the revenue derived
-from these duties would enable us to reduce our other taxation.
-
-In a former letter to me you stated that the price of the loaf
-would be doubled if we had not Free Trade in corn. It would be
-interesting to know how you arrived at this conclusion. I fear
-your usual method of assertion, without any endeavour to arrive at
-the truth, was at the bottom of it. The statement was altogether
-without foundation, although, no doubt, many people who have no
-time to think out the matter for themselves were influenced by it.
-You are now legislating for the people of Ireland, but has it never
-struck you that the immense flood of importations from America,
-which has been poured upon Ireland, has been the cause of much
-of the suffering which that country has endured? It has rendered
-agriculture unprofitable both in Ireland and in England, and
-therefore labourers have been thrown out of work, while farmers,
-especially the smaller ones, have been steadily impoverished. The
-natural result of poverty is sedition. The agricultural classes
-having no money to spend, all classes have suffered. Just now
-there is a cry for fostering manufactures in Ireland, but how many
-manufactures can you foster in which foreign competitors cannot
-undersell you in the streets of Dublin? If matters go on, they may
-perhaps eventually end in an attempted revolution, and if not put
-down with the strong arm of force, there will be a separation. How
-long in that case would Ireland, under the rule of her own people,
-allow America to drain away her wealth and prosperity? The foreign
-competition, against which agriculturists have to contend, will
-shortly be intensified by increased importations of beef and mutton
-from Queensland and other parts of Australia, and the struggle in
-England will become keener, while Ireland will find it impossible
-to continue any of the small exports of cattle and food she now
-sends us, except at still more unprofitable prices.
-
-This letter is somewhat lengthy, but the abrupt and discourteous
-nature of your communication has led me to write more fully than I
-should otherwise have done.
-
- Yours faithfully,
-
- FREDERICK BLOOD.
-
-P. S.--As this is solely a public matter, I shall send my letter to
-the Press, and shall be glad to take the same course with any reply
-you may favour me.
-
-
-
-
-APPENDIX No. II.
-
-UNHEEDED WARNINGS.
-
-The three F’s: Fixity of Tenure, Fair Rent, Freedom of Sale.
-
- _Contemporary Review_, February, 1881.
-
-
-The grounds on which the principle of the three F’s were opposed in
-1880:--
-
- _The Act of 1870 was to be final, and it is a breach of faith to
- reopen the land question._
-
- 1. The Land Act of 1870 was an encroachment on the rights of
- landlords, but was allowed to pass on the understanding that it
- would be final.
-
- 2. To reopen the question with _further_ confiscation is a gross
- breach of faith.
-
- 3. More especially it is a breach of faith with those landowners
- who have, on the invitation of Government, purchased land in the
- “Encumbered Estates Court.” The indefeasible title granted to
- them by the Court (and for which they paid large sums) would be
- turned into a mere claim to a precarious rent charge.
-
-
- _The three F’s are an infringement of the rights of the landlord.
- He must be compensated for the material, moral, and sentimental
- wrong which he will suffer._
-
- 4. “Tenant right” is landlord wrong.
-
- 5. Land is the absolute undoubted property of the landlord,
- and he has a right to do that which he wills with his own. Any
- curtailment of his power is an injustice, and affects the very
- principle of property.
-
- 6. If the State interferes with his freedom of action, and causes
- him any material, moral, or sentimental injury, it must properly
- compensate him.
-
- 7. To take away the enjoyment, control, and management of his
- land is a very tangible infringement of rights, and one for which
- compensation must be given.
-
- 8. To fix a rent is to deprive the landlord of the advantages of
- competition, and affects him financially.
-
- 9. It would reduce him to the position of a mere mortgagee, but
- without the security and certainty of payment.
-
- 10. To deprive him of his power of eviction, is to take away a
- privilege, a necessity.
-
- 11. The tenant’s claim to a “right” in the soil is not founded on
- any tangible or real historical basis.
-
-
- _The abuse of eviction or raisings of rent is rare; the use is
- necessary and justifiable._
-
- 12. There is little or no abuse of the power of arbitrary
- eviction; and even when rent is not paid, the landlords, as a
- class, are lenient. It is occasionally necessary for the good of
- the estate to evict (compensation for “disturbance” being paid)
- in order to consolidate holdings.
-
- 13. Eviction is seldom enforced, except in the case of bad and
- wasteful tenants; good and improving tenants are never evicted.
- Therefore, any diminution in the power of eviction would be
- disastrous to the prosperity of the country by retaining on the
- land worthless tenants.
-
- 14. Most landlords do properly compensate their tenants for any
- improvements effected by them.
-
- 15. They are justified in raising the rents when the land
- produces greater increase.
-
- 16. Even if a few bad landlords injure their tenants, it is
- unfair to visit on the heads of the majority the sins of the few
- by bringing them all under the same confiscating law.
-
- 17. The existing law provides ample safeguards against arbitrary
- and unjust eviction; the landlord’s power is sufficiently
- curtailed.
-
-
- _The relations of landlord and tenant are those of contract; the
- State must not interfere in freedom of contract._
-
- 18. Any State interference in contract between man and man
- is very inexpedient and demoralizing, more especially in
- interference in the matter of price and value.
-
- 19. The relations between landlord and tenant are merely those of
- contract.
-
- 20. The movement of progressive societies is from status to
- contract, and not the reverse.
-
- 21. It is illogical and unfair of the tenant to demand freedom of
- contract in the sale of tenant-right, and ask for curtailment of
- contract in his dealings with the landlord.
-
-
- _The objections to a fixed rent; and the difficulties in the way
- of fixing a fair rent._
-
- 22. It would be impossible to fix a rent which would content both
- parties.
-
- 23. As tenants vary in ability, character, and energy, it would
- be impossible to legislate so that the rent the tenant had to pay
- would be that which he is able to pay.
-
- 24. A fixed rent, even if fair at first, would soon weigh heavily
- on one or other of the parties.
-
- 25. All future enhancements of rent, based on whatever ground,
- would be strenuously resisted.
-
- 26. While the landlord would be bound to accept the valuation,
- the tenant could refuse to pay it and quit his holding.
-
- 27. If the Government, by valuation or arbitration, were to fix
- the rent, the landlord would consider that he had been guaranteed
- his rent by the State; while the tenant (in bad seasons) would
- look to the State to assist him to pay it.
-
- 28. If fixity of tenure were conceded, the next demand would be
- for the abolition of the rent charge, more especially on the
- ground of increased absenteeism, which would itself have been
- encouraged by the change.
-
- 29. At all events, in bad seasons, a demand would be made for
- abatement of rent, on the ground that otherwise the value of the
- tenant-right would be injuriously affected.
-
- 30. The power conceded to the landlord of selling the
- “tenant-right” on breach of contract, would be rendered nugatory
- by the combination of tenants to prevent a purchase; and so the
- landlord would be deprived of all means of obtaining his rent, or
- of preventing subletting or subdivision.
-
- 31. It is illogical and unjust that, in the matter of rent, the
- landlord should be deprived of the benefits of competition, while
- in the sale of tenant-right competition should be allowed.
-
- 32. The landlords, bound by a hard-and-fast rule, would expect to
- receive their full fixed rents, and would not be willing or able,
- as they are now, to allow indulgences in time or remission in bad
- seasons.
-
- 33. The pressure of violence would be brought to bear on the
- valuators to induce them to undervalue the rents.
-
-
- _The right of free sale of “tenant-right” would amount to
- confiscation of part of the landlord’s property. It would benefit
- only existing tenants, and would cripple all future tenants._
-
- 34. As the existing tenants would, on the day of the passing of
- the law, be able to sell their tenant-right for a large sum,
- _having done nothing_ to earn it, the amount at which it can be
- valued, is so much subtracted from the rightful gains of the
- landlord.
-
- 35. As tenants had not this scheme in view when they bargained
- for their farms, its adoption would be conceding them a valuable
- privilege entirely at the expense of the landlords.
-
- 36. Only the existing tenants would benefit pecuniarily from the
- change; all future in-coming tenants would be burdened by the
- amount they would have to pay for the “tenant-right,” and the
- interest on this payment in addition to the “fair” rent, would
- constitute a sum exceeding any rack-rent.
-
- 37. The unhealthy “earth-hunger,” which exists in Ireland, would
- force up the price of tenant-right far above the real value,
- and thus entrench on the security of the landlord for his rent,
- whilst reckless tenants would outbid the prudent.
-
- 38. The payment for tenant-right would cripple the in-coming
- tenant just at the moment when he most required capital to
- cultivate the land--to the injury of production, while it would
- leave him no margin to fall back upon in bad times.
-
- 39. The tenants who would benefit most would be those who have
- had indulgent landlords. When rents are low “tenant-right” would
- be more valuable than when they are high.
-
- 40. The tenants can obtain security of tenure by demanding and
- accepting leases; many landlords are willing to grant long leases
- at fixed rents on fair terms.
-
- 41. Therefore, at the most the law should force the landlords to
- grant “security leases,” and leave them to obtain (by means of a
- fine) any extra value which security will fetch.
-
- 42. Any further privileges obtained by the tenant would only be
- used as additional facilities for borrowing money at ruinous
- rates.
-
- 43. The Ulster tenants have obtained their tenant-right by
- purchase, or by a _quid pro quo_; the concession of free sale
- would gratuitously endow existing tenants with a valuable
- property, which they have neither earned, bought, nor inherited.
-
- 44. Many landlords have bought up the tenant-right on their
- farms; it is manifestly unfair to reimpose it without
- compensation.
-
-
- _The landlords have largely invested capital in the soil; the
- three F’s would prevent them in future from making improvements;
- and the tenants’ power to do so would also be diminished._
-
- 45. The landlords, as a class, have invested capital very largely
- in the improvement of the soil; the improvements have been by no
- means entirely effected by the tenant.
-
- 46. It would no longer be to the interest of the landlord to
- invest his capital in the soil; an effectual obstacle would have
- been placed in the way of his doing so.
-
- 47. Therefore, those improvements,--drainage, straightening
- fields and boundaries, &c., which affect many holdings, and can
- only be done by the landlord, would no longer be executed.
-
- 48. As he will have to pay for the “tenant-right,” the in-coming
- tenant will have less capital to invest in the soil than at
- present, while the sum he has paid will be taken out of the land
- for ever; thus, on both hands, the capital available for these
- purposes would be diminished, and production would suffer.
-
-
- _Further evils which would result from the adoption of the three
- F’s._
-
- 49. By making the landlord merely a rent-charger, and depriving
- him of all power or interest in his land, absenteeism and
- non-residence, with their attendant evils, would be enormously
- increased.
-
- 50. The proposed scheme would perpetuate the present system
- of landlord and tenant, while the desirable aim should be to
- increase the number of proprietors.
-
- 51. The tenant, possessing security of tenure, would be less
- desirous of purchasing land, while sale, except to the tenant,
- would be greatly hindered.
-
- 52. It would perpetuate the absurd distribution of land at
- present existing in many parts of Ireland.
-
- 53. While it would confirm not only good and bad tenants in their
- tenure of land and affect equally good and bad landlords,
-
- 54. It would increase the antagonism between the landlord and the
- tenant;
-
- 55. It would be practically impossible to prevent subdivision and
- subletting with their manifold attendant evils.
-
- 56. The Irish people are so miserably lazy, thriftless, and
- short-sighted, that no reform of the land-law would benefit them.
-
- 57. _Nothing short of separation from England will satisfy the
- Irish_; land-reforms are useless.
-
- 58. Under small proprietors or semi-proprietors, the lot of
- labourers would be harder than ever.
-
- 59. The various parts of Ireland differ so much in every way that
- it would be inexpedient and impossible to apply one scheme to the
- whole; if it answered in one part it would necessarily fail in
- others.
-
- 60. If the principle of the three F’s were once conceded, it
- would form a precedent for land-legislation in England; and then
- for legislation directed against all forms of property.
-
- 61. It is the first step towards democratic and socialistic
- legislation.
-
- 62. The concession is the more dangerous, inasmuch as it is only
- conceded to clamour and lawlessness.
-
-
-
-
- LONDON:
- PRINTED BY WILLIAM CLOWES AND SONS, LIMITED,
- STAMFORD STREET AND CHARING CROSS.
-
-
-
-
- TRANSCRIBER’S NOTE
-
- Obvious typographical errors and punctuation errors have been
- corrected after careful comparison with other occurrences within
- the text and consultation of external sources.
-
- Except for those changes noted below, all misspellings in the text,
- and inconsistent or archaic usage, have been retained. For example,
- livestock, live stock; highroad, high road; Free Trader, Free-Trader;
- descanting; squib; cess; uncourteous.
-
- Pg 26, ‘Liberal politicans’ replaced by ‘Liberal politicians’.
- Pg 41, ‘nearly 3,000,000’ replaced by ‘nearly 300,000’.
- Pg 47, ‘M. DeLavergne’ replaced by ‘M. De Lavergne’.
- Pg 58, ‘without his cousent’ replaced by ‘without his consent’.
- Pg 74, ‘cause the landord’ replaced by ‘cause the landlord’.
- Pg 84, ‘thoughout Bengal’ replaced by ‘throughout Bengal’.
- Pg 87, ‘posperity of each’ replaced by ‘prosperity of each’.
- Pg 92, ‘for the artizan’ replaced by ‘for the artisan’.
-
-
-
-
-
-
-
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