FREE BOOKS

Author's List




PREV.   NEXT  
|<   249   250   251   252   253   254   255   256   257   258   259   260   261   262   263   264   265   266   267   268   269   270   271   272   273  
274   275   276   277   278   279   280   281   282   283   284   285   286   287   288   289   290   291   292   293   294   295   296   297   298   >>   >|  
to tell Sir Robert how much he admired a certain speech. 'I!' exclaimed the minister; 'he would kick me away if I dared to speak to him.' 'A man,' Hobhouse observes, 'who will not take a civil truth from a subaltern is but a sulky fellow after all; there is no true dignity or pride in such reserve.' Oddly enough, Lord John was complaining just as loudly about the same time of his own want of hold upon his party. The tariff operations of 1842 worked no swift social miracle. General stagnation still prevailed. Capital was a drug in the market, but food was comparatively cheap.[163] Stocks were light, and there was very little false credit. In spite of all these favouring conditions, Mr. Gladstone (March 20, 1843) had to report to his chief that 'the deadness of foreign demand keeps our commerce in a state of prolonged paralysis.' Cobden had not even yet convinced them that the true way to quicken foreign demand was to open the ports to that foreign supply, with which they paid us for what they bought from us. Mr. Gladstone saw no further than the desire of making specific arrangement with other countries for reciprocal reductions of import duties. In one of his autobiographic notes (1897) Mr. Gladstone describes the short and sharp parliamentary crisis in 1844 brought about by the question of the sugar duties, but this may perhaps be relegated to an appendix.[164] V From 1841 to 1844 Mr. Gladstone's department was engaged in other matters lying beyond the main stream of effort. 'We were anxiously and eagerly endeavouring to make tariff treaties with many foreign countries. Austria, I think, may have been included, but I recollect especially France, Prussia, Portugal, and I believe Spain. And the state of our tariff, even after the law of 1842, was then such as to supply us with plenty of material for liberal offers. Notwithstanding this, we failed in every case. I doubt whether we advanced the cause of free trade by a single inch.' The question of the prohibition against the export of machinery came before him. The custom-house authorities pronounced it ineffective, and recommended its removal. A parliamentary committee in 1841 had reported in favour of entire freedom. The machine makers, of course, were active, and the general manufacturers of the country, excepting the Nottingham lace makers and the flax-spinners of the north of Ireland, had become neutral. Only a very limit
PREV.   NEXT  
|<   249   250   251   252   253   254   255   256   257   258   259   260   261   262   263   264   265   266   267   268   269   270   271   272   273  
274   275   276   277   278   279   280   281   282   283   284   285   286   287   288   289   290   291   292   293   294   295   296   297   298   >>   >|  



Top keywords:
foreign
 

Gladstone

 

tariff

 

supply

 

demand

 

countries

 

question

 

parliamentary

 

duties

 
makers

treaties

 

eagerly

 

crisis

 

endeavouring

 

Austria

 

France

 

Prussia

 
recollect
 
anxiously
 
included

department

 

engaged

 

matters

 

Portugal

 

appendix

 

brought

 

effort

 

relegated

 
stream
 

offers


favour
 
reported
 

entire

 
freedom
 
machine
 
committee
 

removal

 

pronounced

 
ineffective
 
recommended

active
 

general

 

Ireland

 
neutral
 
spinners
 

country

 

manufacturers

 

excepting

 

Nottingham

 

authorities