CONTENTS.
PART 3. PARLIAMENTARY COLBERTISM.
XI. Tae Excrise REVOLUTION.
209. Parliament as Supreme Judge of Public Interest. At the
Revolution, Parliament became supreme over economic affairs ; but the
House of Commons was not well fitted to exercise this responsibility
judicially, Trading Companies had recourse to corrupt means of obtaining
public support, and the Crown relied on similar means. The policy of so
regulating trade, that it might react on industry, harmonised with Whig
jealousy of France. . . . ‘ . . 403
210. Parliamentary Control of the Administcation. The Whigs in the
House of Commons aimed at obtaining administrative authority over trading
affairs, though in this they were foiled ; but by their hold on the purse-
strings, they determined on what objects money might be spent, and