The Great Events by Famous Historians, Volume 17 eBook

This eBook from the Gutenberg Project consists of approximately 532 pages of information about The Great Events by Famous Historians, Volume 17.

The Great Events by Famous Historians, Volume 17 eBook

This eBook from the Gutenberg Project consists of approximately 532 pages of information about The Great Events by Famous Historians, Volume 17.

The true spirit of enterprise, which has so grandly developed the resources of our imperial domain, has generally been found to prevail among people of modest means.  Thus, nearly every dollar of capital contributed toward the establishment of telegraph lines in this country came from the offerings of people in very moderate circumstances.  In this connection, therefore, it is extremely gratifying to state that very few enterprises of any kind have returned such generous recompense for the amount of capital invested as the telegraph and telephone lines in America.  Considering the apparently temporary and short-lived character of the structures erected for these purposes, it seems difficult to comprehend the truth of this statement.

The method of telegraphic communication devised by Professor Morse has been continued in general use in this country, but instead of requiring separate wire for each circuit as formerly, six independent circuits are now operated simultaneously over a single wire by the use of the sextuplex apparatus.

(1846) REPEAL OF THE ENGLISH CORN LAWS, Justin McCarthy

After the repeal of the corn laws the tariff legislation of Great Britain was guided by a new policy, that of free trade, and it has been followed ever since.  The reactionary tendencies of Continental Europe after the fall of Napoleon reached also to England, where they controlled the conduct of political affairs until Canning, in 1822, became Secretary for Foreign Affairs.  His policy was liberal and did much in forming the public opinion that at length found voice in Catholic emancipation (1829), in the Reform Bill (1832), and in the abolition of slavery in the English colonies (1833).  Then followed important amendments of the poor-laws, extension of local governmental powers in the towns, improvement of popular education, and other reforms.

Through all this gradual progress in liberal government and public amelioration, the need of another reform had been pointed out by some thinkers and statesmen, and at last the condition of the country favored the views of its advocates.  The corn laws protected the English producers by imposing heavy duties on imported grain.  At one time these duties practically prohibited such importation.  McCarthy shows how the laws operated upon the people, and his story of the memorable agitation for their repeal and of the accomplishment of that object could not have been better told.

In 1815 the celebrated Corn Law was passed, which was itself moulded on the Corn Law of 1670.  By the Act of 1815 wheat might be exported upon a payment of one shilling per quarter customs duty, but the importation of foreign grain was practically prohibited until the price of wheat in England had reached eighty shillings a quarter, that is to say, until a certain price had been secured for the grower of grain at the expense of all the consumers in this country.  It was not permitted to Englishmen to obtain their supplies from any foreign land, unless on conditions that suited the English corn-grower’s pocket.

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The Great Events by Famous Historians, Volume 17 from Project Gutenberg. Public domain.