Free trade and the European treaties of commerce; 1. Report of proceedings at the dinner of the Cobden club. [&c.].

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Страница 63 - Down the dark future, through long generations, The echoing sounds grow fainter and then cease; And like a bell, with solemn, sweet vibrations, I hear once more the voice of Christ say, "Peace !" Peace ! and no longer from its brazen portals The blast of War's great organ shakes the skies ! But beautiful as songs of the immortals, The holy melodies of love arise.
Страница 84 - No, protection forsooth must have done it — the new laws of 1871 and 1872 were the panacea — and nothing but M. Thiers' reaction against those very principles, which the Anglo-French Treaty of Richard Cobden has formed into a leaven of the civilised world, could have saved France. The same error of judgment induces the same people to ascribe the present discouraging appear'ance of trade in Germany to our return to those more advanced economic rules which Prussia, to her honour be it remembered,...
Страница 7 - ... sooner or later, its full consummation, and fixed, amidst the waves of conflicting passions and jarring interests, deep in the tenacious ground of commercial sympathy, a rock for the foot of Peace. But, though Cobden's public life is admired by most Englishmen, its real scope and nature are understood by very few. The prophet was not without honour, but he was almost entirely without comprehension in his own country. Being asked ' on one occasion to take part in some project of interest or pleasure...
Страница 78 - ... the Treaties of Commerce, all of which cease with the year 1876, and raising the duty on imports. The wool manufacturers of Briinn were the first to utter an opinion of this kind, because they found themselves at a disadvantage, occasioned by the additional Treaty of 1869. Next came the owners of the ironworks ; and both branches of industry succeeded in obtaining the attention of the Government and the Reichsrath, so that their position was made the object of an official enquete. In the spring...
Страница 78 - With the destructive outbreak of the crisis which, although it began at the Bourse, soon reached every branch of industry in Austria as well as in Germany, Protectionism re-appeared and offered to heal the wounds received by industry in the crisis. To effect this Protectionism proposed giving up the Treaties of Commerce, all of which cease with the year 1876, and raising the duty on imports. The wool manufacturers of Briinn were the first to utter an opinion of this kind, because they found themselves...
Страница 89 - No wonder then,' he observes, ' if the successive annexations to Sardinia of the other Italian States, and the immediate extension to these States of the commercial legislation sanctioned in the north, were regarded as the definitive victory in Italy of Free Trade over Protectionism. Ancient historical traditions and recent political experience combined — at all events appeared to combine — in making a policy of commercial freedom a prominent element in the national programme. How comes it then,...
Страница 83 - ... especially in the Prussian Landtag and in the Bavarian Reichsrath.' Mr. George von Bunsen writes from North Germany: — ' In Germany, too, plaintive voices have made themselves heard in Parliament and in the press or among manufacturers. When they speak much — and certainly not too much — of the astounding advance of French manufacture, do they attribute it to its real cause, viz., a fixed patriotic determination to work very hard, to work very well, and to work for fair wages peaceably...
Страница 88 - One has been so long accustomed to regard Italy as the classic land of free trade, that it is at first somewhat difficult to realise the fact of any strong protectionist movement in that country.
Страница 6 - Laws, as well as that decisive measure itself, were made without any attempt to secure the co-operation of other countries. This may have been at the time, and under the circumstances, the best policy to pursue ; but, at all events, the hope that foreign nations would profit by our experience and follow our example was signally disappointed. During the fifteen years which succeeded the repeal no reductions of any importance were made in the tariffs of Europe ; and great as was the impulse given to...
Страница 99 - ... and have gained rather than lost; while a reduced cost has always stimulated consumption. On the other hand, to show the effect of protection upon particular trades, it is sufficient to quote Mr. David Wells, who, speaking of the United States, says : ' Every prophecy so confidently made in the past, as to the results of protection in inducing national prosperity, has been falsified ; and one has only to pick out the separate industries which have been especially protected, to find out those...

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