A Treatise on the Principles, Practice, and History of Commerce

A Treatise on the Principles, Practice, and History of Commerce

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1831 edition. Excerpt: ...for the destruction of our commerce. The wealth and power to which Great Britain has attained, has inspired other nations with those feelings of envy, jealousy, and hatred that the wealth of Holland formerly generated in our minds. Instead of ascribing our commercial and manufacturing superiority to its true causes--to the comparative liberality of our institutions, the absence of all oppressive feudal privileges, the security of property, the fairness of our system of taxation, and the freedom of internal industry, our foreign rivals contend that it has been entirely owing to our exclusive system; and appeal to our example to stimulate their respective governments to adopt; retaliatory measures, and to protect them against British competition. These representations have already had the most injurious operation. Nor can there be a doubt that, had we continued to maintain our illiberal and exclusive system, and refused to set a better example to others, we should have run a very great risk of falling a victim to the vindictive spirit which such short-sighted and selfish policy would have generated. Besides the regulations already alluded to, it had been a part of our policy to encourage the employment of our shipping by imposing higher duties on commodities imported into our harbours in foreign vessels, and to burden the latter with higher port and lighthouse duties. This practice was always loudly complained of by foreigners; but we had little difficulty in maintaining it, so long as the state of our trade enabled us to disregard the retaliatory measures of other powers. But the extraordinary increase that has taken place, since the commencement of the late war, in our manufactures for foreign consumption, and the necessity under which we have in...
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Product details

  • Paperback | 94 pages
  • 189 x 246 x 5mm | 181g
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236586271
  • 9781236586278