The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1843-04-28 00:00:00

.
mg power of urging this, anion,

eta ims which it possesses, upc
of the mercantile community of Liver'

bring their advertisements before the xotice of buyers in

in most of

manufacturing districts

the surrounding towns of Lancashire the In
y
the STANDARD is steadily increasing. In Manchester,
--..rn,furino district, our

the neighbouring

however, the centre of the

• nst

publication of Tuesday—of
portant market day of
Exchange and Hotels are thronged with county

Cotton Trad

and calico prancers—is firmly

facturers, spinners, -
tablished in circulation, and is perused with increasea

and increasing interest.
Under these encouraging circumstances, u

receive an increased measure of •support from the mer-

I it affords

----
chants and brokers of the town generallv an

us great pleasure to assure those of our friends amongst
those classes, who have hitherto bestowed their adver-
tising favours liberally upon us,
of our increased ability
to do justice to the interests committed care.

Cirbe ttimpriol A)tanZiarb.

--=-----
FRIDAY MORNING, APRIL

28, 1845

acious in dissipating

convinced, been mor

1 in illustrating how

Aitico-economical fallacies

to be estimate

far " the wisdom of our ancestoi _
above the crude theories of unfledged As
-- As a science

than any similar period in our histor)

or rather a collection of truisms dignified by the name
of a science, political economy stands just where it did
--"b It is just as excellent it
licable i
en; and as inapp

-- -
in the days of Adam Sm
- •

theory, now, as it
practice. The system of a universal exchange of corn
modifies between nation and nation is just as Lothian

an abstraction, now, as ever it was; but the notion,
that such a system is ever likely to be established, or
can ever be profitably established, is as far from being
demonstrated as ever —nay, it is further; for all expe-
rience is right in the teeth of the philosophy being ever
embraced by the majority of mankind, as the guiding
rule of their legislation, and most damaging to the opi-
nion that it is the interest of any nation to hazard

much of its existing prosperity in setting the example

of its recognition.
It has been a leading fallacy with the doctrinaires of
this school, that it was no less the duty than the inte-
rest of Great Britain thus to hazard her acquired posi-
tion, as the certain means of reaching a still higher
position from the adoption of her example by other
countries. With this view we relaxed our navigation
laws, and admitted to our ports the shipping of every
country with which we had commercial treaties. We
—tial benefits have we derived •

to inly those benefits have not extended themselves to

ask, what substar

shipping interest—
,v would fall. We

that portion of the cor-

:ed the

%Ton whom we were aba,.._
have given, in fact, more—infinitely more—than we

lye or fourteen

urine' the twe

And
years after this and other concessions, what have other

have receivea

us in our course of exuberant

termed an enlightened
philosophers
pursuit of commercial advantage ments, during this
? Why the history
by foreign govern

nations done to

generosity, whic

Period, has been a history of Orl On every side we
e succession of move-
of legislation,
manta in an opposite direction•
have been met by tariffs.
restrictive r commerce ; and
Market after
market has been closed against ou
that we have made head, at all, against the awakened
jealousy of other countries, has been owing solely to
the success with which we have decreased the cost of
production of our commodities (decreasing at the same
time the comforts of our labouring population), and to
the immense sustaining power which we possess in
our large colonial possessions and in the home

that these untoward

market.
We were assured, however,
the incompleteness
of were attributable solely to ss
of our experiment. e had not gone far enough in
W We
had not bid sufficiently high for
the enjoyment of the markets of other countries; and
the increased Measure of exclusion to which we had
been submitted, we were told, was retaliatory !" If
we would only go a little further in generosity; admit,
without stipulation, the wines of this country, the
fruits and spices of another, the corn of a third, the
and pork of a fourth, we should be rewarded by
the voluntary accordance to us of all the benefits de-
beefivae from a liberal admission to their markets.
Well, we last year reconstructed our tariff. We re-
duced the duties upon six hundred articles, the produce
or manufacture of every country upon the face of the
globe t We materially reduced the duties upon the
chief food of man, and the staple produce of our own
land—corn. We consented to receive the animal food
of America and Europe at a low duty ; and yet, how
have even our concessions of the past year been met ?
Is there a sign, the most remote, of concessions in re-
turn ? No. We have been met, only, on the part of
America, by a tariff even more restrictive than pre-
viously, and by increased disinclination,

our liberality,

, a
on the part of
us to greater share
every other country,
than we already possess of
the commerce of the
world!

to admit

ch we are assured that any

the adop-

voluntary concession of ours would lead to.
lion of the free-trade principle by any material portion
of the rest of mankind, is utterly exploded•
We must
from henceforth regard that man as either a fool or a
madman, by whom the reduction of the duty upon
any one of the six hundred articles enunierated in our
tariff is advocated, upon any other ground than the
benefit derivable from its cheapness to ourselves .
voluntary concession—the concession, even, of a per-
fectly free trade in corn, if unconditionally made
will operate to unlock the restrictions with whic

The fallacy, then, by win

f No

,h our

productions are met in foreign markets ; for
not only
has every voluntary concession failed in producing
such a result, but where such concession has been the
subject of negociation, and where temptations, appa
hav
rently the most irresistible, have been offered, we
e
met with signal failure. What is the history of
our
negociations for a commercial treaty with France, but
a history of studied evasion and delay practised by
the ministers of that country to defeat its
ociat result ?
What have been the fruits of our recent
negions
with Spain and Portugal, or
with Brazil, but failure ?
In one of these countries—Portugal—it is notorious

that the entire mercantile interest, and the population
of a large and important district, dependent upon the
trade in wine with the British marke bene.
Mutuallywas and is in
favour of a tariff which would permit a

licial commerce to be carried on with this countr

of wretches

turers

and yet the outcr

woollen stuffs, act

ing up"

ndustry, has de-

hostile to the pr

nr dipi

e past

feated the most active
Will any man tell t

does not strike a stunning

Where be now the zr

tit of the
from Eng