Lord Farrer on the Free Trade Question
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Excerpt from Lord Farrer on the Free Trade Question: Mr. J. W, Probyn and Mr. I, S. Leadam on the Work of the Cobden Club Lord Farrek: Gentlemen, I am extremely indebted to Mr. Potter and to you for allowing me to come before you at the beginning of your meeting. An engagement has been made for me which I cannot well put off, and I must needs get away early. I am well acquainted with the report of the Committee, and the remarks that 1 have to make will, I trust, be apposite to it. The General Position Of Free Trade Abroad. As regards the general position of matters in relation to the subject in which we are most nearly interested I am glad to be able to say that it is more favourable than any of us a short time ago had a right to expect. On the whole the position is very favourable. There is an obvious movement in the Australian colonies, some of which have been great centres of Protection, betokening a reaction in the direction of Free Trade. They have tried Protection as a remedy for trade depression, but it has availed them nothing; and 1 trust that, sooner or later, they will, in some way or another, come round to Free Trade. I trust that before long we shall have not only something approaching to Free Trade between the different Australian colonies, but something like Free Trade between those colonies and the rest of the British Empire, and between those colonies and foreign countries. It is a little difficult and delicate to speak about the United State - the country upon which the commercial welfare of the world so largely depends but so far as one can judge, the prospect there is promising if they can but get rid of their currency difficulties. But into that question I will not enter. There is, apparently, before the United States a period of great prosperity, and if with a period of prosperity they find that the modifications that were made in the Mc. Kinloy tariff have brought them no disadvantage, but rather substantial advantages, that circumstance will probably create an inclination to extend the principle of Free Trade in other directions. At Home. Speaking modestly on these two subjects, but still hopefully, I turn to domestic matters. I think that on several points I can speak m.ore hopefully than in 1891, 1892, and again in 1893. In those years we were confronted with many dangers. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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