The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1842-07-26 00:00:00

WHIG MISMANAGEMENT THE CAUSE OF OUR

PRESENT DISTRESS

The Morning Herald (always a good authority on foreign
affairs) has devoted two able articles to this subject, from
which we make the following extracts :

" We shall now proceed to enumerate the items of British
loss through submission to the infraction of rights, through
the frustration of beneficial compacts offered to this country,
and through the conclusion of treaties injurious to its inte-
rests and destructive of its rights.
CIRCASSIA—By sacrifice of rights of
commerce since 1831, yearly export
loss.
POLAND—By sacrifice since 1831 of com-
mercial rights secured by treaty of
Vienna, yearly
GREECE—By sacrifice of rights of Bri-
tish bondholders of two first loans,
say £3,000,000
By payment of subsidy in violation of
act of parliament, say £600,000
By fraudulent accounts presented to par-
liament, say £370,000
By sacrifice of anterior right of export
and import, at three per cent. duty,
yearly
Aggregate... — 5,00,0000
Russo-DUTCH Lo AN—payment of after
declaration of law officers of the
Crown that no obligation to Russia
was binding, Russia having violated
her treaties with England, aggregate 3,500,000
COAST OF AFRlCA*—Sacrifice of the
right of export and import at five
per cent. from 1834 ..
Gum TRADE—Submission to interfe-
rence from 1835.
PRUSSIAN LEAGUE—Submission to the
establishment, and transference of
to the small states of Germany the
tariff of Prussia.
PERSlAt—Neglect of the establishment
of a commercial in 1836 affecting the
trade of Central Asia, yearly loss, 200,000 1,600,000
TURKEY—Sacrifice of commercial treaty
from 1836$ imposition of special re-
strictions on British commerce since
signature of the changed treaty in,
1838. Yearly loss lOO,OOO 2,400,000
AUSTRlA—Sacrifice of treaty with that
country, which was to have been fol-
lowed up by a treaty for the naviga-
tion of the Danube for the provinces
of Wallachia, Moldavia, and Servia,
and which projected treaty was frus-
trated through the signature of a
falsified Turkish treaty. Effects of
this treaty enormous and incalcula-
ble. Yearly loss
NAPLES§—Sacrifice of treaty since 1839.
Say
FRANCE—Absence of commercial treaty

100,000 1,100,000

500,000 5,500,006

1,500,000 3,000,000

since 1840. Say annual loss
CENTRAL ASIAII—Loss of trade since
commencement of warlike opera-
tions, yearly loss
CHINA—Loss of trade since 1838, say 1,500,000 6,000,000
THE PENlNSULA—Diminution or pre-
vention of trade since 1835, by war-
like operations, or by the neglect or
frustation of commercial advantages,
say 500,000 3,500,000
MEXICO AND BUENOS AYRES—Sub-
mission to an illegal blockade, loss
inflicted on British commerce or
augmentation of the cost of produce
exported from those countries

Annual sacrifice of exports

7,000,000

Aggregate loss

43,900,000

Shipping thrown out of employment, tons 500,000

Seamen

50,000

Loss of labour in the diminution of yearly exports is
equivalent to 2,000,000 qrs. of grain burnt or cast into
the sea.

The yearly sacrifice here estimated is of exports only : but
we must calculate that at least as much of return trade is
also sacrificed, that is to say, that our aggregate trade would
in the present year present a difference in our favour, not of
seven, but fourteen millions, had it not been for the means
taken by a secret department of the Government to counteract
the measures of its servants, and to violate the rights belong-
ing to Britain. Of this sum at least five millions may he
estimated as going in labour to British artisans, so that two
millions of souls have been annihilated by these secret acts,
or penury and starvation brought on the body of our artisans.
We have here, then, positive loss of ten millions expendi-
ture, and five millions profit, as complete as if goods or
grain to that amount were built up in the pyramids and set
on fire ; that is to say, we have every year fifteen millions of
complete and absolute sacrifice in consequence of the direct
acts of Viscount Palmerston, late Chief Secretary of State
for Foreign Affairs, in whom the Parliament bad such im-
plicit confidence that they never questioned anything he did
—admitted contradictions from his own lips without any
desire to enquire further, knowing that he concealed from
them ever thing he was about—and every result of whose
policy has been in contradiction to his avowed intention.
Lord Palmerston interfered in every quarter of the globe,
by every process that human ingenuity could devise, and in
every point, on every field, brought failure, disgrace, shame,
loss upon Britain, her friends and her interests! The home
cost of these unheeded Acts is fifteen millions yearly sacri-
fice, a sum sufficient to maintain seven millions of human
beings at the rate at which our poorer artisans are supported,
to convulse the whole structure of society, drain it of its
resources, cover it with a cloak and a cloud of penury and
disgrace ; yet, the senate, the British Parliament, neither
having care for nor comprehending the acts leading to these
results, is now brawling out "corn laws!"
When the late Administration came into office in 1830,
with peace and retrenchment as their motto, it became their
duty so to direct the affairs of Europe that there might have
been an opportunity of decreasing our military establish.
meats ; they decreased those establishments without per-
forming such condition precedent, and then by mismanage-
ment of external policy, excused a sudden and expensive
augmentation of our army and navy. Thus our expenditure
for that purpose, which previously to open wars commenced,
cost—
By increase of warlike means up to 1838 £8,000,000
By the setting aside of the award of the King
of Holland (consequent insecurity in North
America and difficulties with the United
States) a large expenditure was incurred by
England, and imposed upon our North
American colonies, which we have not the
means of calculating.
By operations against China within the last two
1,800 000
years ..........
By operations against Central Asia (to be yet
detenpiped whether England or India is tQ
pay, but in either case failing equally on
the British empire) .
By the treaty of the 15th July up to the present
time ......

30,600,000
e have thus an aggregate of upwards of £30,000,000
of expenditure for warlike purposes already incurred, with
operations in progress and increasing necessities for troops,
by the successive developments of the result of our past
conduct, and of our obstinate continuation of it. We have
thus added permanent increase of charge—_

In India
In England, in augmentation of military means
and in increase of debt 5,000,000
In Canada

Increase of yearly expenditure, total 10,000,000
Diminution of yearly commerce „ .... 14,000,000