An Analysis of the Occupations of the People, Showiing the Relative Importance of the Agricultural, Manufacturing, Shipping, Colonial, Commercial, and Mining Interests, of the United Kingdom of Great Britain and Its Dependencies
An Analysis of the Occupations of the People, Showiing the Relative Importance of the Agricultural, Manufacturing, Shipping, Colonial, Commercial, and Mining Interests, of the United Kingdom of Great Britain and Its Dependencies
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. 1847 edition. Excerpt: ...evaded the Coast Guard, and found opportunities of supplying the market with any amount of goods required. And even in 1810, when the smugglers' difficulties were rendered much greater by war, the quantity of contraband silks introduced increased to such an extent that an association was formed among ...
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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. 1847 edition. Excerpt: ...evaded the Coast Guard, and found opportunities of supplying the market with any amount of goods required. And even in 1810, when the smugglers' difficulties were rendered much greater by war, the quantity of contraband silks introduced increased to such an extent that an association was formed among the manufacturers to prevent smuggling. Again, in 1818 and 1819 the silk weavers of Spitalfields and Coventry petitioned Parliament against this illegal competition. In this state of things, Mr Huskisson foresaw that if the silk trade was to be continued in this country, it must be relieved of those enormous duties on the raw material which absorbed the capital of the manufacturer, increased the cost of the production not only to the extent of the duty paid, but to nearly as much more in respect of the loss on the waste of so costly an article, and thus raised the cost of manufactured goods to such an extent as to place them out of the reach of any but the upper classes. These remarks apply with equal force to organzine or thrown silks, for so long as the duty on the raw material prevented manufactured silk goods from competing with muslins and cottons, protection to the throwster, high as it was, was utterly valueless. But it is said that he threw open the trade to the competition of the foreigner at the same time, and that in consequence our manufacturers have been stimulated to greater exertion, and have succeeded in beating him. Mr Huskisson removed the prohibition, it is true, but he put on in its place a protecting duty of 30 per cent. ad valorem. Whether this duty has answered the purpose for which it was imposed or not is quite another thing. It certainly was intended as a protection for our silk trade to the extent of 30 per cent., ...
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