Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1826-06-06

ma, 81 coo accurate report \ langh)-o of hi
H. ."e 1nnorable Gentleman s speech Ano
en,,.o s'ep was to do away totally with the
en''rc OF the prohibi,ory system a. ,nncL ,s oose;
ho'aily and entire might appear terms sonc
"". synonymous, but have no doubt the Honor,
NieinOer meant 10 express his thorough detes-
- Pfohioitions IN that way a laush) land
,'S sense OF their improperly by that reera.
o" Vi phrase. Hear, and laugh.) Again he
80 ms 'oea on this part of the subject is 10 do
'o'"i prohibitions altogether; and when pro-
, was meant 10 be extended to any branch of
n"ue' 10 let 1t be done by formal du:y'' (Hear
e'"a, prohibition was most unwise and i'm
Po'i''c, said the Hon. Member, and he therefore
desired It's abolition. Considering that were pro
-. LOT particular manufacture necessary, it
- ~ oe AFFORDED by means of duty and not
" prohibition. The Honorable Member nro-.
eeeeaed to assert that prohibitions ser;ousv ,,;ad
en u revenue and spoke of the customs as bavino
.sleh snort l,5o0, 900, partly in consequence of
ne" continuance, in the last year. ALTHOUGH he
au.n',ed other causes might have been work. he
mere was no doubt great part OF the de-
rr. IN the revenue was attributable 10 the pro-
system Sir, the Honorable Member pro-
ese"eu 10 state that, a." nothing could be more ab
suro than TO suppose that any prohibition ,yo,Ia
es eh' me introduction of the articles which were
!" Seihahd' The fact was, that an advance of 20
~ per cent. on all light prohibited articles mis- bt
De mad at cur doors.' (Cheers.) He would no,
sSy "h'ch sex was most 10 blame but such ,yos
re l'''' (Cheers) Now this was the opinion
OF practical man, who had gathered it from
visits TO Paris. If he had no, in This ns,,rco LII
:" ms view, am at a loss how 10 apply the ex-
pfeSs'ons. The Hon. Gent. was then the LEADING
professor OF those doctrines which he reprobates
me LOT now upholdng, while he vas then as free in
'. ing government for not more readily adop,-
S ms sentiments In 1917, the Hon. Gentleman
i'"1 declared TO the House that the smugelins Of
! SILKS was carried n ha o :
was, that silks of all other nations were so shr
Hah'' .nat me home manufacturers were absolutely
,aineo' Loud cheers. In the years 1907 and
1917 the silk manufacture which we were told
would only flourish under a prohibition, was in =
NJ. complete and utter ruin. Hear, hear. |
oH' should be carried too far from the sub
ec' before US, were to call the attention of the
Rouse TO circumstances Of fearful resemblance
existing between this and that other question which
""" aSI'ates The coun.ry--I mean the state of the
ehey. And yet light might be thrown on the
sup5ect by reference 10 the overtrading which
eH en- theh as now l compare the state of the
SIH trade In 1907, with its condition at present.
IN Tue preceding year i was / so OOOlbs WEIGH,
Ia 1918 II amounted to 2, 100, 600 lbs: BEING an
increase OF 81 per cent. AT the same time the in
crease on the importation OF sheep's wool vyas
lou per cent; that Oh cotton forty-four per cent
ana on tallow, thirty per cent. Now, comparing
| Inc overtrading of 1918 with the state Of con-
'nefce last year, and think it possible to attain
greater certainty In the latter than is generally sun
! 'ne importation OF silk appears in 1926 TO
nave increased Do per cent. cotton 3S per cent and
IN ioreiSb wool 100 per cent; ir the article of
tai'ow 80 per cent. Now, will put it 10 anv
non Member, whether, such an immense impor.
'auon' so lar exceeding that of precedieg wears.
could by any possibility have taken place ,vjiboui
causing glui In the market and CONSEQUENT en-
narrassment will put it to any one yvbe,bar
increase Iaf;o.
our wealth. mas been such. or could have such. az
10 nave warranted the conclusion that such an il,
hense augmentation in our imports could have me,
with ready market? There are two other noir,s
10 which wish, while the subject, to call the
attention OF the House In the Report of the RAM,
Committee II is said, that the Bank possessed =
g eater stock of gold then, than at any foroo-
| Periou. NO sooner, however, had it given notice
OF paying in gold, than the EXCHANGES. IN crnsa-
quence OF our excessive imports, assumed an nm
favourable aspect; the gol.. went out and was ev
| changed Tor The country one pound notes. and all
'iS was owing to the excitement by whatever
cause produced] of 1873, which, as misht natural.
! y nave oeeh expected, was followed by depre.-
I Sion Under these circumstances it was tia, j.,
ISIS we were asked for issue of Exrbeourr
bilis' But, 10 return to the speech of his "A on
Ffiend the next point contained in if was ON the
SUBJECT OF the navigation laws; and he called uoon
! Ministers for their repeal or amendment, Uo
" wished to see the right OF bringing produce into
'ns country, directly from the place of its growth
admitted, 80 that we might be free to innort m.
productions OF the all world Hear, hear, hear
Z, "r'her ne thought, " change in the navigation
laws would be beneficial to commerce. by RELIEVING
II from the weight Of many needless restrictions tbe
removal OF which should impair our martins
Strength" Hear Government, however, JiI
hot choose 10 go quiteso far the Hon. Gentle
man recommended them to go. 1t referred the mat
ter TO Committee which, after inquirine into tho
matter, recommended certain alterations. which
led to change 10 these laws highly beneficial n
commerce. and in no degree injurious to our
ss"e"g'n as maritime power. This point there
lore had been attended TO. The next THING Which
had been strongly, he had almost said bfterIy
forced on Government, the ANNOYANCE and in
convenience arising out OF the existence of transit,
duties The Hon. Member for Taunton ,bougl,
" every thing should be permitted 70 be d,ectI,
Imported for the purpose of exportafion.' and
mat transit duties should not be allowed TO exist
on articles OF foregn produce in their passage from
one port OF this country TO another > A tho yc,,,
time the Hon. Member was PRESSING ,J,is ,oi,, -
must have been aware his Maissty's Ministers
wished TO remove those restrictions, and si,oplirv
| a system which its complication, however. rem
derei particularly difficult. Then tbe Hon Mon.
Der complained of the duties and drawbac,s ,vbicb
existed in particular departments Of our trade rbo
transit duties arc now exploded, and the system Of
duties and drawbacks have been revived rIIe,r
! hear The SIKH accommodation OF the Han
: Member for Taunton was, 10 remove the 80
sirIciive and excessive duties that impeded onr
commercial intercourse With France" and Lc
added, that such system told against our national
prosperity, FOR the restrictions had not made tbis
country grow great, but operated against it's g,eat
ness The Honorable Member explained TO ne .,
great length the uniavoursbe impressions which