Page:History of merchant shipping and ancient commerce (Volume 3).djvu/261

 using his knowledge of them to the best advantage became a valuable adjunct to the ministry of the day. His speech on the present occasion showed the beneficial action of Free-trade in the removal of needless restrictions, and, further, that, though our merchants had been exposed to great competition, the aggregate commerce of the country had been proportionally augmented; he therefore asked why the shipping interest should be exempted from a rivalry which other interests had successfully encountered. He then demonstrated the little real advantage the Navigation Laws gave to British shipowners, who, by the very policy of those laws, were exposed to competition in the long-voyage trade in the very places where competition was most injurious to them; and, further, that all the tests fairly applied to the question proved the ability of British shipowners to compete with the foreigner. In some cases, too, he held that the Navigation Laws acted as a protection to foreign at the expense of British ships; and while, practically, of little benefit to the shipowner, there could be no doubt that these restrictions operated injuriously, especially in emergencies, on consumers, and, ultimately of course, on shipowners themselves. If a commercial marine was necessary to support our navy, Free-trade had increased and would increase that marine.

But perhaps the most important part of Mr. Wilson's speech was that relating to the question of reciprocity. The general question was, indeed, beginning to resolve itself into three points. All parties had come to the conclusion that some change was necessary; but it remained to be decided whether