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8 - Mercantilist revival

Published online by Cambridge University Press:  23 October 2009

Bernard Semmel
Affiliation:
State University of New York, Stony Brook
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Summary

Envy bars out truth; in recommending free trade England is suspected to have a sinister object in view … Were Englishmen hostile to the prosperity of the continent, as continental politicians frequently assert, instead of urging free trade on its acceptance, we should keep it carefully to ourselves. We should guard it as the secret of our future greatness. We should prevent our neighbours, if we could, from sharing its manifold advantages.

The Economist, 11 September 1847

We shall urge finally, that the high place which England occupies, as the first among the commercial nations of the world, has been assigned to her in the order of providence, not by a fortuitous concurrence of events … but as the natural and proper consequence of her possessing in a superior degree, the elements of industrial greatness …

Foreign and Colonial Quarterly Review, I, No. 1, July 1843

Though he could not believe with the author of an able pamphlet (Col. Torrens) that the sun of England was set, that the commerce of England would continue to decrease, that wages would continue to decline, that the operatives would have to learn to live on inferior food: though he would not bring himself to believe all this, yet he was compelled to admit that there was great room for anxiety.

Gaily Knight, House of Commons, 6 April 1843

In the years since the corn laws of 1815 were first debated, many members of both Houses of Parliament, as we have observed, had proclaimed, as had Dean Tucker over half a century earlier, the advantages a manufacturing country enjoyed over an agricultural one, and had declared that free trade was the policy by which an advanced economy might preserve such advantages.

Type
Chapter
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The Rise of Free Trade Imperialism
Classical Political Economy the Empire of Free Trade and Imperialism 1750–1850
, pp. 176 - 202
Publisher: Cambridge University Press
Print publication year: 1970

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  • Mercantilist revival
  • Bernard Semmel, State University of New York, Stony Brook
  • Book: The Rise of Free Trade Imperialism
  • Online publication: 23 October 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511562228.009
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  • Mercantilist revival
  • Bernard Semmel, State University of New York, Stony Brook
  • Book: The Rise of Free Trade Imperialism
  • Online publication: 23 October 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511562228.009
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Mercantilist revival
  • Bernard Semmel, State University of New York, Stony Brook
  • Book: The Rise of Free Trade Imperialism
  • Online publication: 23 October 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511562228.009
Available formats
×