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.
1855 edition. Excerpt: ...From all this it must be clearly evident
that an Englishman who makes use of foreign goods exclusively, such
as French wines, Polish corn, &c, as he causes the exportation
of an equal quantity of English goods, gives the same encouragement
to home industry as if he used only home produce and manufactures;
and, on the same principle, that an English landlord residing in
France spends his income as beneficially for English trade, as if
he lived all his days in Leicestershire or Yorkshire; because it
makes no difference, as to the mercantile effect, whether British
consumption of foreign produce takes place at home or abroad. The
exporting manufacturers of England are paid, in the one case by
bills drawn abroad upon their importing fellow-traders at home; and
in the other case by bills similarly drawn upon the agents of the
absentee landlords. Why, then, it may be asked, has the system of
absenteeism provoked so much indignant remonstrance? The reason is
simply this; that the complaint originated against the absenteeism
of the landlords of Ireland, which is not a manufacturing country;
at least, not sufficiently so to prevent its being called, for all
practical purposes, an agricultural country; and this makes all the
difference; because the English absentees receive their rents, not
in the actual produce of their lands, but in goods manufactured by
those who are supported by that produce; while the Irish absentees
have their rents remitted to them in the food which, if they
remained at home, would feed manufacturing labourers. In the former
case, labour only may be said to be exported; in the latter, the
maintenance of labour is sent away. The effect of the opening of a
new foreign market to a country already enjoying an extensive
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