FREE BOOKS

Author's List




PREV.   NEXT  
|<   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   97   98  
99   100   101   102   103   104   105   106   107   108   109   110   111   112   113   114   115   116   117   118   119   120   121   122   123   >>   >|  
ith a far greater facility than the older trades. Moreover, England was free from the innumerable and vexatious local taxes and restrictions prevalent in France and in the petty governments of Germany. Although the major part of these foolish and pernicious regulations has been long swept away from Germany and other continental nations, the retarding influence they exercised, in common with the wider national system of protection which still survives, kept back the cotton industry, so that in Germany it still stands half a century behind its place in England.[92] The following figures show how substantial was the lead held by England in the cotton manufacture a little before the middle of the century. NUMBER OF SPINDLES WORKING IN COTTON MILLS IN 1846.[93] Spindles. England and Wales 15,554,619 Scotland 1,727,871 Ireland 215,503 Austria and Italy 1,500,000 France 3,500,000 Belgium 420,000 Switzerland 650,000 Russia 7,585,000 United States 3,500,000 States of the Zollverein 815,000 ---------- 35,467,993 The development of the cotton industry in 1888 in the chief industrial countries, as indicated by the consumption of raw cotton, is expressed in the accompanying diagram. Lastly, the national trade policy of England was of signal advantage in her machine development. Her early protective system had, by the enlargement of her carrying trade and the increase of her colonial possessions, laid the foundation of a large complex trade with the more distant parts of the world, though for a time it crippled our European commerce. While we doubtless sacrificed other interests by this course of policy, it must be generally admitted that "English industries would not have advanced so rapidly without Protection."[94] But as we built up our manufacturing industries by Protection, so we undoubtedly conserved and strengthened them by Free Trade--first, by the remission of tariffs upon the raw materials of manufacture and machine-making, and later on by the free admission of food stuffs, which were a prime essential to a nation destined to specialise in manufacture. France, our chie
PREV.   NEXT  
|<   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   97   98  
99   100   101   102   103   104   105   106   107   108   109   110   111   112   113   114   115   116   117   118   119   120   121   122   123   >>   >|  



Top keywords:

England

 
cotton
 
France
 

Germany

 
manufacture
 
industries
 
industry
 

development

 

Protection

 

national


system
 

machine

 

States

 

policy

 
century
 
protective
 

increase

 

colonial

 

carrying

 
stuffs

possessions
 

enlargement

 

distant

 

foundation

 
complex
 

consumption

 

destined

 
nation
 

specialise

 
industrial

countries
 

expressed

 

essential

 

advantage

 

signal

 
accompanying
 

diagram

 

Lastly

 

tariffs

 
remission

strengthened

 

conserved

 

manufacturing

 

advanced

 
undoubtedly
 

rapidly

 

materials

 
doubtless
 

sacrificed

 

commerce