FREE BOOKS

Author's List




PREV.   NEXT  
|<   70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94  
95   96   97   98   99   100   101   102   103   104   105   106   107   108   109   110   111   112   113   114   115   116   117   118   119   >>   >|  
istrates, and paid them all; and it was seldom that their legislation was interfered with except with respect to commerce. [Sidenote: _RESTRICTIONS ON COLONIAL TRADE._] The freedom which they enjoyed did not extend to commerce and manufactures. In those matters the policy of Great Britain was founded on the "mercantile theory," then universally accepted, and was directed towards securing a monopoly of trade. Other countries pursued a like policy towards their colonies, though they treated them with far less liberality. The restrictions placed by Great Britain on colonial trade were based on the Navigation acts of 1660 and later years, which were originally aimed at the maritime power of the Dutch. Briefly, they confined trade with the colonies to English or colonial ships; the Americans were debarred from exporting a number of the most important products of their country, their tobacco, grain, sugar, hides, and timber for masts, except to Great Britain; no foreign ship might enter their harbours, nor, with certain exceptions, could they import foreign merchandise, except in ships sailing directly from England. Various acts debarred them from manufactures which would have entered into competition with English goods; they depended on the mother-country for the commonest and most necessary things, for their cloth, hardware, and a host of manufactured articles. Port duties were imposed by England, and were collected by officers of the customs, whose business it was to prevent contraband trading. These duties were not imposed for the sake of revenue, but for the regulation of trade; and the whole system of restrictions was founded on the idea that colonies should be made to serve the interest of the mother-country by giving its merchants and manufacturers the monopoly of the colonial market. The colonies received some compensations for the restrictions placed upon their industry and commerce. With certain exceptions their trade was free. While some of their products were confined to the British market, they had the monopoly of that market; no Englishman, for example, might buy tobacco which did not come from America or Bermuda. Their export trade to England was encouraged by bounties, and, though their foreign imports generally had to come to them through England, a system of drawbacks, by which the duties were remitted on exportation to America, enabled them to buy continental goods more cheaply than they could be bou
PREV.   NEXT  
|<   70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94  
95   96   97   98   99   100   101   102   103   104   105   106   107   108   109   110   111   112   113   114   115   116   117   118   119   >>   >|  



Top keywords:

England

 

colonies

 
colonial
 

Britain

 

monopoly

 

foreign

 

market

 
restrictions
 

country

 

commerce


duties

 

confined

 

system

 

English

 

tobacco

 
products
 

mother

 
manufactures
 

America

 

exceptions


imposed

 

policy

 

founded

 
debarred
 

revenue

 

hardware

 
commonest
 

things

 
customs
 

officers


business
 
collected
 
contraband
 
articles
 

prevent

 

trading

 

manufactured

 

received

 

imports

 

generally


bounties

 
encouraged
 

Bermuda

 

export

 

drawbacks

 

remitted

 

cheaply

 
continental
 
exportation
 

enabled