een but few; and I am also persuaded that the
cases to which they would have referred would not have been, in
themselves, connected with the trade and commerce of England. But we are
now in a situation in which, I will not say that a reference to the
principle of unrestricted trade can be of no use, because such a
reference may correct erroneous reasoning, but in which it is impossible
for us, or for any country in the world but the United States of
America, to act unreservedly on that principle. The commercial
regulations of the European world have been long established, and cannot
suddenly be departed from." Having supposed a proposition to be made to
England by a foreign state for free commerce and intercourse, and an
unrestricted exchange of agricultural products and of manufactures, he
proceeds to observe: "It would be impossible to accede to such a
proposition. We have risen to our present greatness under a different
system. Some suppose that we have risen in consequence of that system;
_others, of whom I am one, believe that we have risen in spite of that
system_. But, whichever of these hypotheses be true, certain it is that
we have risen under a very different system than that of free and
unrestricted trade. It is utterly impossible, with our debt and
taxation, even if they were but half their existing amount, that we can
suddenly adopt the system of free trade."
Lord Ellenborough, in the same debate, said, "that he attributed the
general distress then existing in Europe to the regulations that had
taken place since the destruction of the French power. Most of the
states on the Continent had surrounded themselves as with walls of
brass, to inhibit intercourse with other states. Intercourse was
prohibited, even in districts of the same state, as was the case in
Austria and Sardinia. Thus, though the taxes on the people had been
lightened, the severity of their condition had been increased. He
believed that the discontent which pervaded most parts of Europe, and
especially Germany, was more owing to commercial restrictions than to
any theoretical doctrines on government; and that a free communication
among them would do more to restore tranquillity, than any other step
that could be adopted. He objected to all attempts to frustrate the
benevolent intentions of Providence, which had given to various
countries various wants, in order to bring them together. He objected to
it as anti-social; he objected to it as ma
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