Die Social-Demokratie

Bibliographic data

Monograph

Identifikator:: 826719449

URN:: urn:nbn:de:zbw-retromon-30888

Document type:: Monograph

Author:: Schuster, Richard

Title:: Die Social-Demokratie

Place of publication:: Stuttgart

Publisher:: Steinkopf

Year of publication:: 1875

Scope:: 1 Online-Ressource (XII, 236 S.)

Collection:: Economics Books

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172 PARLIAMENTARY COLBERTISM AD. 1629 Navigation Act lay ready to hand, as a convenient instru- —1776. ar, : = he Navi. TeDt for administering commercial affairs on the new and gation Acts approved lines of fostering industry; and the expedient of supplied a 3 ; y suitable regulating this branch of commerce, by delegating it to a mestamam Company, was inapplicable. Though several of the trading Companies survived the Revolution, they no longer served as a satisfactory medium for enforcing rules of trade, as they had done in the times of Elizabeth; the plantation trade could be controlled, without being confined to a privileged body of merchants, through the machinery of the Navigation Acts. There was an elaborate system for the registration of ships, and the owners could be compelled to give bonds for carrying their cargoes to a destination approved by Government. In shis way it was possible to retain to the mother-country® the whole business of supplying the colonists with imports of avery sort? and at the same time to render England a staple ‘or the distribution of the more valuable American products in other parts of the world. Fish, cereals, and timber, which were the principal commodities of the New England States, might be shipped to any market; but the tobacco of Virginia, the rice and cotton of Carolina, and the sugar of the West for enume- . . ” rated com. Indian islands, along with naval stores, were enumerated modities. gnecially, and these commodities were reserved for shipping 1 The official view of the economic importance of the colonies is clearly stated in 15 C. I. ¢. 7, § 4, “ And in reguard His Majesties Plantations beyond the Seas are inhabited and peopled by His Subjects of this His Kingdome of England ; for she maintaining a greater correspondence and kindnesse between them, and feepeing them in a firmer dependance upon it, and rendring them yet more beneficiall and advantagious unto it in the farther Imployment and Increase of English Shipping and Seamen, vent of English Woollen and other Manufactures and Commodities, rendring the Navigation to and from the same more safe and theape, and makeing this Kingdome a Staple, not onely of the Commodities of those Plantations, but alsoe of the Commodities of other Countryes and Places, for the supplying of them; and it being the usage of other Nations to keepe their "Plantations] Trade to themselves.” 2 As a consequence the balance of trade was steadily against the colonists. “The importation of New England exceeds the exportation, which, if not balanced, will bring this double evil,—it will oblige us to set up manufactures of our own, which will entirely destroy the naval stores trade and employ the very hands that might be employed in stores. * * * The best way to keep the colonies firm to the ‘nterest of the kingdom is to keep them dependent on it for all their necessaries, and not by any hardships to force them to subsist of themselves. * * * Allow them to keep the balance of their trade, and they will never think of manufactures.” Banister, quoted by E. Lord, Industrial Experiments in the British Colonies of North America, p. 133. for con- trolling thesr traffic

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