An Inquiry Into the State of Our Commercial Relations with the Northern Powers, with Reference to Our Trade with Them Under the Regulation of Licences

An Inquiry Into the State of Our Commercial Relations with the Northern Powers, with Reference to Our Trade with Them Under the Regulation of Licences

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1811 edition. Excerpt: ...having been prosecuted without obtaining sufficient supplies, must have exposed us to the disadvantage of carrying on an injurious branch of commerce, without relieving us from that state of dependence on the Northern Powers, from which it was manifestly our policy to emancipate ourselves. It was, at all events, desirable, that the licences should have been strictly confined to the exclusive importation of articles of the first necessity. Such a partial exportation might, at first, have been resisted by the Northern Powers, and might have created some difficulties in the prosecution of that commercial intercourse, which had been connived at with this country. The encouragement, however, which, under these circumstances, would have been given, at home, to such importations, would certainly have H procured large supplies of these commodities, unless, indeed, the Northern States, should have attempted to prevent them, by absolutely interdicting all exportation whatever of Baltic produce. It is hardly reasonable to imagine, that they would have resorted to such a measure. Russia, especially, could scarcely have ventured on this step;--for she has since declared it expedient to give every sort of encouragement to her export-trade. It is not improbable, that the price of these articles would have been materially en hanced by the above mentioned restriction. Great, however, as would have been the disadvantage arising from this circumstance, it would nevertheless have been a less erfl than that of permitting a "general importation of commodities, which do not come within the range of articles of the first necessity. Indeed, there is one material advantage which would arise out of this enhancement of price, in the article of hemp. It would...show more

Product details

  • Paperback | 24 pages
  • 189 x 246 x 1mm | 64g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236772172
  • 9781236772176