The Industrial Revolution

Bibliographic data

Monograph

Identifikator:: 1027928145

URN:: urn:nbn:de:zbw-retromon-159926

Document type:: Monograph

Author:: Cunningham, William http://d-nb.info/gnd/128907487

Title:: The Industrial Revolution

Place of publication:: Cambridge

Publisher:: The University Press

Year of publication:: 1922

Scope:: xxii S., S. 404-886

Digitisation:: 2021

Collection:: Economics Books

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TORY SENTIMENTS 603 Pitt was able to carry his commercial treaty with France; AD 0 there was a very considerable reduction of tariffs on each ’ side, though the increased facilities for intercourse were not favourably received by some of the manufacturers in either country. Despite the temporary irritation which was caused, however, the trade with France expanded greatly!; and con- sumers in each country felt the advantage of the increased intercourse. The attitude taken by various critics, towards the policy of the Navigation Acts, was closely associated with this view as to the nature of the chief advantage derived from trade. These measures were ostensibly intended to increase the shipping and develop the maritime power of the country, but they tended to limit the quantities of goods imported, and thus to diminish the receipts from customs and to raise prices to the consumers of foreign goods®. The benefit which accrued to the shipping of the country was problematical. Cecil had pronounced against the policy; and during the Restoration period, the Navigation Act seriously interfered with the provision of stores for the navy; it was a doubtful boon, and constant efforts had been made by the advisers of Charles II. to set it aside, or to obtain the Parliamentary re- laxation of some of its prohibitions. There had never been much success in enforcing it, so far as the American colonies were concerned, but in 1796 the attempt to do so was definitely abandoned; and the rule that all goods from America should be imported in British ships was relaxed in favour of the United States. The great expansion of American trade which took place at this time amply justified the views of Dean Tucker¢, who had argued that no com- mercial advantage was to be gained from maintaining a political control over the plantations in America. The interest of the consumer of American produce® asserted i It is an incidental proof of the industrial progress of England that, whereas in the seventeenth century French commodities had been so fashionable here, at the end of the eighteenth English manufactures were much sought after in France. t See Vol. 1. p. 490. 8 37 Geo. I11. c. 97. Leone Levi, 160. ) The True Interest of Britain set forth in regard to the Colonies, 1776, pp. 50—53. 8 The fact that raw cotton was now coming from the States would render the manufacturers of cotton goods glad of the relaxation. Wi Tes lazing the Navigation Adets,

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