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N. S. Wales
Extract from "Papers respecting respecting the trade between India & Europe" —
p. 54
pp. 45,46. "The inquiry is about enlarging the trading
"privileges of private merchants. It is evident that there
"are no means of doing this upon any great scale,
"consonant to the ideas held out of improving our possessions,
"but by capital transferred thither in bullion from
"this country. The first question, then to be determined,
"is, whether it would be good policy thus to employ
"any large portion of the commercial capital of Great
"Britain, either in addition to all that it has already
"laid out in its plantations and colonies in the
"American States and in Europe, or by withdrawing
"such portions from some other branch of trade nearer
"home, in which it must be now enggged engaged;
"for it cannot be supposed, that any considerable part
"of the national stict stock lies dormant & useless."
Ibid. p. 54. "If there are reasons for withdrawing part of the
"capital employed in raising produce in some other
"dependencies of the Empire, and for encouraging preferably
"the productions of India, these reasons, doubtless, ought
"to be heard; but this new business should not be
"plunged into, without examining & understanding
"its nature and consequences; and in the opinion
"of your Committee, unless there are some special
"motives for the preference just mentioned, or unless
"where some imperious exigency arises, it would be
"utterly impolitic to transplant much of the capital
"of Great Britain, to carry on the agriculture and
"manufactures of that remote region."
Identifier: | JB/116/258/001 "JB/" can not be assigned to a declared number type with value 116.
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116 |
panopticon versus new south wales |
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258 |
n. s. wales |
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001 |
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collectanea |
1 |
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recto |
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john herbert koe |
[[watermarks::[monogram] 1800]] |
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1800 |
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37791 |
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