ABSTRACT

On the 13th of May in the heart of the adjourned debate on the third reading of the corn bill, news arrived of the rejection by the legislative assembly of Canada of the new commercial policy of her majesty's government. Lord George Bentinck seized the following night, the 14th, which did not belong to the government, the whole question of the effect of our new commercial policy on our relations with Canada. Lord George said that Mr. Huskisson never contemplated free trade without reciprocity. The government appeared to have a pleasure in reducing the duties on the products of those countries which have hostile tariffs. It has been frequently urged that a hostile tariff exacts from a country whose ports are free what is equivalent to paying a tribute, and it has been replied that this can hardly be the case, as the Manchester manufacturer. For example, sells his goods at the same price at Cincinnati as at Aylesbury.