he change of
circumstances, had rendered the system of protecting duties merely
nominal; and that, in his opinion, if all the protecting laws which
regarded both the woollen and cotton manufactures were to be repealed,
no injurious effects would thereby be occasioned. "But," he observes,
"with respect to silk, that manufacture in this kingdom is so completely
artificial, that any attempt to introduce the principles of free trade
with reference to it might put an end to it altogether. I allow that the
silk manufacture is not natural to this country. _I wish we had never
had a silk manufactory._ I allow that it is natural to France; I allow
that it might have been better, had each country adhered exclusively to
that manufacture in which each is superior; and had the silks of France
been exchanged for British cottons. But I must look at things as they
are; and when I consider the extent of capital, and the immense
population, consisting, I believe, of about fifty thousand persons,
engaged in our silk manufacture, I can only say, that one of the few
points in which I totally disagree with the proposer of the motion is
the expediency, under existing circumstances, of holding out any idea
that it would be possible to relinquish the silk manufacture, and to
provide for those who live by it, by Parliamentary enactment. Whatever
objections there may be to the continuance of the protecting system, I
repeat, that it is impossible altogether to relinquish it. I may regret
that the system was ever commenced; but as I cannot recall that act, I
must submit to the inconvenience by which it is attended, rather than
expose the country to evils of greater magnitude." Let it be remembered,
Sir, that these are not the sentiments of a theorist, nor the fancies of
speculation; but the operative opinions of the first minister of
England, acknowledged to be one of the ablest and most practical
statesmen of his country.

Gentlemen could have hardly been more unfortunate than in the selection
of the silk manufacture in England as an example of the beneficial
effects of that system which they would recommend. It is, in the
language which I have quoted, completely artificial. It has been
sustained by I know not how many laws, breaking in upon the plainest
principles of general expediency. At the last session of Parliament, the
manufacturers petitioned for the repeal of three or four of these
statutes, complaining of the vexatious restrictions which