FREE BOOKS

Author's List




PREV.   NEXT  
|<   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62  
63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   87   >>   >|  
al for scientific truth. A question was beginning to come to the front which would make party lines dependent upon economic theories, and Huskisson's view of this was characteristic. The speech from which I have quoted begins with an indignant retort upon a member who had applied to him Burke's phrase about a perfect-bred metaphysician exceeding the devil in malignity and contempt for mankind. Huskisson frequently protested even against the milder epithet of theorist. He asserted most emphatically that he appealed to 'experience' and not to 'theory,' a slippery distinction which finds a good exposure in Bentham's _Book of Fallacies_.[48] The doctrine, however, was a convenient one for Huskisson. He could appeal to experience to show that commercial restrictions had injured the woollen trade, and their absence benefited the cotton trade,[49] and when he was not being taunted with theories, he would state with perfect clearness the general free trade argument.[50] But he had to keep an eye to the uncomfortable tricks which theories sometimes play. He argued emphatically in 1825[51] that analogy between manufactures and agriculture is 'illogical.' He does not wish to depress the price of corn, but to keep it at such a level that our manufactures may not be hampered by dear food. Here he was forced by stress of politics to differ from his economical friends. The country gentleman did not wish to pay duties on his silk or his brandy, but he had a direct and obvious interest in keeping up the price of corn. Huskisson had himself supported the Corn Bill of 1815, but it was becoming more and more obvious that a revision would be necessary. In 1828 he declared that he 'lamented from the bottom of his soul the mass of evil and misery and destruction of capital which that law in the course of twelve years had produced.'[52] Ricardo, meanwhile, and the economists had from the first applied to agriculture the principles which Huskisson applied to manufactures.[53] Huskisson's melancholy death has left us unable to say whether upon this matter he would have been as convertible as Peel. In any case the general principle of free trade was as fully adopted by Huskisson and Canning as by the Utilitarians themselves. The Utilitarians could again claim to be both the inspirers of the first principles, and the most consistent in carrying out the deductions. They, it is true, were not generally biassed by having any interest in rents. They
PREV.   NEXT  
|<   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62  
63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   87   >>   >|  



Top keywords:

Huskisson

 
applied
 
manufactures
 

theories

 
perfect
 
agriculture
 
principles
 

obvious

 

general

 

interest


experience
 
emphatically
 

Utilitarians

 
brandy
 
consistent
 

duties

 
direct
 

supported

 

keeping

 

inspirers


friends

 

biassed

 

generally

 

hampered

 

forced

 

carrying

 

economical

 
country
 
differ
 

stress


politics

 

deductions

 
gentleman
 

economists

 

convertible

 

Ricardo

 

principle

 

melancholy

 

unable

 
adopted

Canning

 

declared

 

lamented

 

bottom

 
matter
 

revision

 

twelve

 

produced

 

misery

 

destruction